Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Sen. Jim Banks (R-IN)
House / Senate · Republican (most recent term) · IN · in Congress 2017–present · Bioguide ID B001299
Party history by chamber: House R 2017–2025, Senate R 2025–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth before entering office (report year 2017, the member's first year in office) | 2017 | −$1,068,979 | −$513,490 | $41,998 |
| (b) Latest net worth estimate | 2025 | −$12,987 | $2,721,006 | $5,454,998 |
| (c) Estimated gain / loss, nominal dollars, 2017 → 2025 (8 years spanned) | 2017–2025 | −$54,985 | +$3,234,496 | +$6,523,977 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2017 | $411,510 | $925,001 | −$513,490 | −$1,068,979 … $41,998 | computed |
| 2018 | $411,012 | $925,001 | −$513,989 | −$1,079,976 … $51,998 | computed |
| 2019 | $404,008 | $925,001 | −$520,992 | −$1,058,983 … $16,998 | computed |
| 2020 | $404,509 | $1,500,001 | −$1,095,492 | −$1,808,982 … −$382,002 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2021 | $428,508 | $750,000 | −$321,492 | −$794,983 … $151,999 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2022 | $388,508 | $750,000 | −$361,492 | −$810,984 … $87,999 | computed |
| 2023 | $388,508 | $750,000 | −$361,492 | −$810,984 … $87,999 | computed |
| 2024 | $3,395,008 | $1,125,001 | $2,270,006 | −$309,985 … $4,849,998 | computed |
| 2025 | $3,846,006 | $1,125,001 | $2,721,006 | −$12,987 … $5,454,998 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)-2.1%
Simple average of years-1.8%
Years estimated5
Best / worst single year2019 +7%
2020 -11%
2020 -11%
Reliability flags: 2 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +0.4% to -2.8%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2017→2018 | $370,509 | $378,510 | $0 | $56,004 | $8,000 | -10.8% | -13.0% … -3.0% | -139% … +117% | 90% | counted; many new/exited positions |
| 2018→2019 | $354,508 | $371,008 | $0 | $0 | $8,000 | +6.9% | +6.4% … +8.6% | -104% … +118% | 86% | counted |
| 2019→2020 | $296,508 | $240,006 | $0 | $48,003 | $72,004 | -11.0% | -11.9% … -10.7% | -148% … +126% | 73% | counted |
| 2020→2021 | $106,006 | $138,006 | $0 | $104,505 | $32,002 | -38.2% | -40.4% … -20.8% | -311% … +235% | 32% | excluded; not eligible: traced coverage 32% < 60%; high turnover (buys+sells > 100% of opening value); many new/exited positions |
| 2021→2022 | $170,507 | $138,507 | $0 | $0 | $0 | -18.8% | -27.8% … -17.1% | -145% … +108% | 48% | excluded; not eligible: traced coverage 48% < 60% |
| 2022→2023 | $388,508 | $388,508 | $100 | $0 | $0 | +0.0% | +0.0% … +0.0% | -103% … +103% | 100% | counted |
| 2023→2024 | $8,000 | $8,000 | $0 | $0 | $0 | +0.0% | +0.0% … +0.0% | -175% … +175% | 2% | excluded; not eligible: traced prior-year value below $50,000 |
| 2024→2025 | $3,338,506 | $3,463,006 | $75,000 | $0 | $0 | +6.0% | +5.2% … +9.7% | -126% … +138% | 98% | counted |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2017 | 10062950 | House amendment | 9/25/2024 | 24 | 0 | 10062950.pdfe9f2fce6d1fb91039d446d8a9a884dab5b2827230b5e975b10c41b2515cba780 |
| 2018 | 10062951 | House amendment | 9/25/2024 | 30 | 0 | 10062951.pdfcdeffe84343ac193686fc358179558eb9057ec11ce955691871d324b68fff902 |
| 2019 | 10062952 | House amendment | 9/25/2024 | 26 | 0 | 10062952.pdfb723325a1700224f153a0bf7ac9f0c8aa7e00b914b6b06fbae991769db13303b |
| 2020 | 10062953 | House amendment | 9/25/2024 | 26 | 1 | 10062953.pdf60066bc5531ee9a7400d37916518baec3d20351e041098df480a847fdeb33f13 |
| 2021 | 10062954 | House amendment | 9/25/2024 | 22 | 1 | 10062954.pdfd7b504e02ce393f59ea4235641c5c978a1ba60de36b20a58640c947816dd70d2 |
| 2022 | 10062955 | House amendment | 9/25/2024 | 16 | 0 | 10062955.pdf448ec15163947f8cec3f4a19cdd26b8a2282c7d6053ec0c08136d7b1a93819a8 |
| 2023 | 10062956 | House amendment | 9/25/2024 | 16 | 0 | 10062956.pdf54f7641393d8c2984af6174af7cbf9f0aed96e6f9e85f5ef205ec14aa2bf6401 |
| 2024 | 48db1810-e330-4152-bbcb-d5496928ac2a | Senate annual | 08/10/2025 | 15 | 0 | Senate eFD reportc975831bd8de1c7bdb123abf9a28d8eec8d1dc3e4d81e0171375ed3432bd7bae |
| 2025 | b12439ea-8513-4059-9ef3-a37326e7297c | Senate annual | 08/04/2026 | 13 | 0 | Senate eFD report1ead9717598af36930be006d273a84f4c2e22ae3373f17ce6537b939c430bcf7 |
Largest movers 2019→2020
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Schwab IRA ⇒ Money market [BA] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Schwab IRA ⇒ Patient Access Solutions Inc. (PASO) [ST] | — | new | — | $1,001 - $15,000 | $16,001 | $0 |
| IRA ⇒ Washington Mutual Investors Fund Class A [MF] | SP | held | $1,001 - $15,000 | None | $0 | $0 |
| IRA ⇒ Income Fund of America Class A [MF] | SP | held | None | None | $0 | $8,000 |
| Starbucks Corporation (SBUX) [ST] | JT | new | — | $1 - $1,000 | $16,001 | $16,001 |
| Roth IRA ⇒ Capital World Growth & Income Fund Class A [MF] | SP | held | $1 - $1,000 | None | $0 | $0 |
| ReliaStar Life Insurance [WU] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Grace Schools IRA - Money Market [IH] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| ReliaStar Life Insurance [WU] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Roth IRA ⇒ Vaneck Morningstar Wide Moat ETF [MF] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Vaneck Vectors Morningstar Wide Moat ETF [MF] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Grace Schools IRA - Money Market [IH] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Schwab IRA ⇒ Peloton Interactive, Inc. (PTON) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Indiana Deferred Compensation Account [IH] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Peloton Interactive, Inc. (PTON) [ST] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| INPRS Legislators' Defined Contribution Fund [MF] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| INPRS Legislators' Defined Contribution Fund ⇒ 2045 Retirement Fund Filer comment: Tax-def | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| INPRS Legislators' Defined Contribution Fund ⇒ 2045 Retirement Fund Filer comment: Tax-def | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| College Choice 529 Institution: INDIANA 529 Filer comment: Tax-deferred, 529 plan for chil | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| College Choice 529 Institution: INDIANA 529 Filer comment: Tax-deferred, 529 plan for chil | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Rental property Description: Rental property in Falls Church (Falls Church, VA) | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| ReliaStar Life Insurance Provider: ReliaStar Life Insurance Company | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Schwab IRA ⇒ PTON - Peloton Interactive, Inc. - Common Stock Filer comment: Tax-deferred | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Grace Schools IRA ⇒ Grace Schools IRA - Money Market Company: Grace Schools (Winona Lake, | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).