Hawkeye Bancorp moved to assure its depositors.

The firm, Iowa’s largest private agricultural lender, moved quickly to tell depositors that its local banks are not in danger of collapse due to the holding company’s worsening financial condition. Hawkeye acknowledged that it has asked its creditors for leniency and canceled a planned public stock offering. Hawkeye Bancorp. President Paul Dunlap said: “The credit problems of Hawkeye are at the parent holding company level and not with the subsidiary banks.”