IAB was formed in 2005 as a result of the combination of two longstanding banks; Grabill Bank and MarkleBank.
IAB has total assets of USD 1.1bn, total loans of USD 753m, and total deposits of USD 861m (91% of which are core) and also earned a 0.94% return on average assets and 9.57% return on tangible common equity in 2016.
The transaction is expected to be completed in 3Q17, subject to the affirmative vote of
IAB shareholders, regulatory approvals, and other customary conditions.
ISTANBUL, September 06, 2011 (TUR) -- The Istanbul Gold Exchange (
IAB) was up 0.07 percent on Tuesday as gold traded at 107,700 Turkish liras a kilo and 1,902.00 USD an ounce.
ISTANBUL, September 05, 2011 (TUR) - The Istanbul Gold Exchange (
IAB) was up 1.23 percent on Monday as gold traded at 108,000 Turkish liras a kilo and 1,900.50 USD an ounce.
ISTANBUL, Mar 3, 2011 (TUR) -- The Istanbul Gold Exchange (
IAB) index was down 0.91 percent on Thursday.