Total Assets
$9.3B
Total balance-sheet footings
FDIC Cert #34507 · Des Moines, Iowa · Est. 1998
Principal Bank - FDIC Bank Health Profile
A community-scale look at Principal Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $9.3B
- Total assets
- A
- Health grade · Excellent
- 1.24%
- Return on assets
- 15.5%
- Tier 1 capital
Data updated July 2026
The verdict
Principal Bank earns a PlainBankData health grade of A (95/100), with well-capitalized at 15.46% Tier 1, profitable at 1.24% ROA, efficient (48% cost ratio).
- #170
- largest of 4,313 FDIC banks by assets
- 96th
- percentile by asset size, nationally
- 15.46%
- Tier 1 ratio - above the 10% well-capitalized line
- 60th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How Principal Bank's 95/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Principal Bank's composite health score
Tier 1 Capital Ratio (15.46%) 40/40
Return on Assets (ROA) (1.24%) 20/25
Texas Ratio (2.67%) 20/20
Efficiency Ratio (47.85%) 15/15
95 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$8.8B
Customer-funded liabilities
Net Loans
$2.8B
Outstanding loan book
Net Income
$111M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Principal Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Principal Bank's score of 95/100 falls in the highlighted band.
Principal Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Principal Bank's $9.3B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
15.46% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
15.46%
Texas Ratio
2.67%
Equity Capital
$491M
Profitability metrics
Return on Assets (ROA)
60th percentile nationally
1.24%
Return on Equity (ROE)
25.47%
Efficiency Ratio
47.85%
What the numbers say about Principal Bank
Principal Bank is an FDIC-insured institution (Certificate #34507) headquartered in Des Moines, Iowa, established in 1998. It holds $9.3B in total assets - 170th of 4,313 FDIC-insured banks, $8.8B in customer deposits, and $2.8B in net loans. On safety, its Tier 1 capital ratio of 15.46% is above the 10% well-capitalized threshold, and its Texas Ratio of 2.67% sits in the healthy range below 50%. It earns a PlainBankData health grade of A (95/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Principal Bank's asset base places it among the largest FDIC-insured institutions in the country, 170th of 4,313 nationally, and 1st of 230 banks headquartered in Iowa. At this scale, the bank's own capital and asset-quality trends are a meaningful signal for the regional banking sector, not just its own depositors.
Income & expense breakdown
$379M
Interest Income
$72M
Non-Interest Income
$137M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Principal Bank reports a Texas Ratio of 2.67% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
2.67% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Iowa by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Principal Bank (FDIC Cert #34507) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Iowa
All Iowa banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bankers Trust CompanyDes Moines | $7.5B | A | 1.10% |
| MidWestOne BankIowa City | $6.3B | A | 1.12% |
| Hills Bank and Trust CompanyHills | $4.6B | A | 1.33% |
| West BankWest Des Moines | $4.1B | A | 0.94% |
| Northwest BankSpencer | $3.0B | B | 1.03% |
| Cedar Rapids Bank and Trust CompanyCedar Rapids | $2.9B | A | 2.83% |
| Quad City Bank and Trust CompanyBettendorf | $2.7B | A | 1.30% |
| Fidelity Bank & TrustDubuque | $2.5B | A | 1.06% |
Frequently asked questions
What is Principal Bank's health grade?▼
Principal Bank receives a health grade of A (95/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Principal Bank?▼
Principal Bank holds $9.3B in total assets and $8.8B in deposits, ranking 170th of 4,313 FDIC-insured banks by asset size. It is headquartered in Des Moines, Iowa.
Is my money safe at Principal Bank?▼
Yes, deposits at Principal Bank (Certificate #34507) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Principal Bank's Tier 1 Capital Ratio?▼
Principal Bank has a Tier 1 Capital Ratio of 15.46%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for Principal Bank?▼
Principal Bank has a Texas Ratio of 2.67%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Principal Bank?▼
Principal Bank has an Efficiency Ratio of 47.85%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Principal Bank's profile as a depositor or analyst.
- Principal Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Principal Bank against other Iowa banks before moving funds. Iowa banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.