Update: According to our news share partner, Local 4 News, police describe the suspect as a black man, approximately 5 feet 9 inches tall who weighs about 200 pounds. The suspect is also wearing Sketchers brand gym shoes. The FBI is also on the scene assisting with the investigation. 

A suspect is on the loose after robbing the Wells Fargo bank at 1618 Main Street near Locust in Davenport about 9:30AM CT this morning. This according to reports from Ourquadcities.com and Local 4 News.

Davenport Police told Local 4 News the suspect entered the bank, implied he had a weapon, and ran from the scene with an undisclosed amount of cash. No one was injured in the robbery and there's been a heavy police presence at the bank branch since this robbery was reported.

If you know anything about this robbery Davenport Police urge you to "do what's right" and call them at 563-326-3125 or submit an anonymous tip through Davenport's mobile app called "CityConnect Davenport, IA."

So what's the risk for a bank robber?  According to the Department of Justice robbing a bank will earn the perpetrator anywhere from a fine and ten years imprisonment up to the death penalty. The prison sentences vary based on how the robbery was committed and whether anyone was hurt or killed in the commission of the crime. You can get more specific details on the penalties for bank robberies here.

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