Atkins Savings Bank & Trust in Atkins, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Atkins Savings Bank & Trust - Overview

  • General
  • FDIC Certificate #: 9096
    Status: Active
    Federal Reserve ID: 739346
    Date Established: April 15, 1915
    WWW: http://www.atkinssavingsbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12602
    FDIC's unique #: 5823
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 97 Main Avenue, Atkins, IA 52206
    County: Benton
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $69.8 mil
    Equity capital: $6.3 mil
    Deposits held in domestic offices: $62.7 mil
    Return on assets (ROA): 1.18% ($0.8 mil)
    Quarterly return on assets: -0.07% (-$0.0 mil)
    Return on Equity (ROE): 13.76% ($0.8 mil)
    Quarterly return on equity: -0.69% (-$0.0 mil)
    Net income: $0.8 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 1.26% ($879.5 mil)
    Quarterly Pretax return on assets: 0.01% ($7.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $69,800Total assets
  • $4,338Cash and due from depository institutions
  • $1,677Interest-bearing balances
  • $29,976Securities
  • $5,564Federal funds sold & reverse repurchase agreements
  • $28,650Net loans & leases
  • $374Loan loss allowance
  • $0Trading account assets
  • $289Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $69,800Life insurance assets
  • $983All other assets
  • $63,488Total liabilities and capital
  • $62,687Total liabilities
  • $52,494Total deposits
  • $62,687Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $801Subordinated debt
  • $6,312All other liabilities
  • $6,312Total equity capital
  • $6,312Total bank equity capital
  • $0Perpetual preferred stock
  • $60Common stock
  • $1,000Surplus
  • $5,252Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8Income earned, not collected on loans
  • $0Earning assets
  • $679Long-term assets (5+ years)
  • $65,867Average Assets, year-to-date
  • $26,231Average Assets, quarterly
  • $64,655Volatile liabilities
  • $67,460Insider loans
  • $44,355FHLB advances
  • $68,431Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,610Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,586Restructured Loans and leases
  • $60Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,763Total interest income
  • $924Total interest expense
  • $1,839Net interest income
  • $160Provision for loan and lease losses
  • $125Total noninterest income
  • $0Fiduciary activities
  • $34Service charges on deposit accounts
  • $0Trading account gains & fees
  • $91Additional noninterest income
  • $1,121Total noninterest expense
  • $541Salaries and employee benefits
  • $132Premises and equipment expense
  • $448Additional noninterest expense
  • $683Pre-tax net operating income
  • $132Securities gains (losses)
  • $52Applicable income taxes
  • $763Income before extraordinary items
  • $0Extraordinary gains - net
  • $763Net income attributable to bank
  • $0Net charge-offs
  • $763Cash dividends
  • $64Sale, conversion, retirement of capital stock, net
  • $180Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 3.02%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 1.84%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 13.76%Return on equity (ROE)
  • 10.51%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 250.00%Credit loss provision to net charge-offs
  • 13.17%Efficiency ratio
  • 57,077Assets per employee
  • 9.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.59%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 4675.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 45.70%Net loans and leases to core deposits
  • 46.12%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 12.65%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $64,655Average earning assets
  • $5,545Average equity
  • $60,803Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1Managed Assets
  • 1Number of Accounts
  • $1Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $1Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05823Atkins Savings Bank & Trust97 Main Avenue, Atkins, IA 52206April 15, 1915Full Service Brick and Mortar

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