Bank · FDIC insured
Boone Bank & Trust Co.
A $156.9M bank headquartered in Boone, IA, with 2 branches in Iowa. Best rates: CDs 2.65% and savings 0.30% APY.
Boone Bank & Trust Co. Carrot Score
62
Carrot Score
Higher than 6% of U.S. banks and credit unions
#18 of 20 in Ames, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Boone Bank & Trust Co.
Boone Bank & Trust Co. was originally founded as Boone County Bank in 1883 and serves the Boone community.
- Headquarters
- 716 8th St, Boone, IA 50036
- FDIC certificate
- 33552 ↗
Branches
2 branches in Iowa
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Iowa
2 branches
- Boone Bank & Trust Co.Main office716 8th St, Boone, IA 50036Directions
- Parking Lot Branch1326 South Story Street, Boone, IA 50036Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.72% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 2.45% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.88% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $56 | $81 | — |
- CapitalLeverage ratio9.72%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent2.45%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.88%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$56Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Boone Bank & Trust Co. are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.