Iowa State Savings Bank held its annual stockholders and directors meeting recently. The purpose of the meeting was to review the past year’s activities, plan for the future, elect members of the board and appoint officers. In 2009, the bank saw an over 7% increase in loans and deposits also showed strong growth, despite the tough economy. Bank management reported that they continue to have strong stability and currently have the highest reserves in bank history. The bank also reelected the bank’s five board members, Ned K. Job as Chairman, George Andrew, Robert Wims, Stuart L. Job and James L. Hollingshead.

