Atkins Savings Bank & Trust, Financial Information

AboutAtkins Savings Bank & Trust

 Address:
97 Main Avenue
Atkins,IA
Benton County,Iowa
 Established:
Apr 1915
 Number of domestic offices:
1
Agriculture bank
Total assets$123M
Net income$2M
Net income,quarterly$0M
Total deposits$108M
Domestic deposits$108M
Equity capital$15M
ROA1.56%
ROAQ,quarterly1.29%
ROA,pretax1.29%
ROAQ,quarterly,pretax2.19%
ROE12.15%
ROEQ,quarterly10.39%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Atkins Savings Bank & Trust is a locally owned and operated bank. The Board of Directors have developed policies that are sensitive to the needs of the area without compromising sound banking principles.

The Atkins Savings Bank was opened in 1894 on the northeast side of Main Avenue, Atkins. In 1915, Farmers Savings Bank opened in a building across the street from the present bank building. Atkins Savings Bank built a new bank building in 1917 at 97 Main Avenue (current location). The old bank building was used as a butcher shop and as a doctor’s office. In April 1927 the two banks merged and the name was changed to Peoples Savings Bank. In 1984, after operating for 57 years under the Peoples Savings Bank name, the name was changed to Atkins Savings Bank & Trust.

ASB is dedicated to servicing customers’ borrowing needs. There are plenty of good reasons to borrow money. When it comes to applying for a loan, there can be a big difference in how you are treated. Andrew Jones and Corey Surom are experienced consumer, commercial and agricultural lenders. With many years of local lending experience, Andy and Corey can help make getting the money you need simple and convenient.

Address
97 Main Avenue – P.O. Box 176
Atkins, IA 52206

Phone: (319) 446-7700
Fax: (319) 446-6000

Bank Hours
Monday-Thursday: 8:00am – 3:00pm
Friday: 8:00am – 6:00pm