Atkins Savings Bank & Trust

97 Main Avenue
Atkins, IA 52206

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9096
Date Established 1915
Assets $0.09 billion
Loans $0.06 billion
Deposits $0.08 billion
Capital $0.01 billion

Atkins Savings Bank & Trust is an FDIC insured institution located in Atkins, IA. It was founded in 1915 and has approximately $0.09 billion in assets.

For a more detailed analysis of Atkins Savings Bank & Trust's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Atkins Savings Bank & Trust’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Atkins Savings Bank & Trust’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 19.94
Multifamily
Mortgages
2.24
Credit Card Loans 0.00
Consumer Auto Loans 2.56
Small Business Loans 7.16
Construction and Development Loans 0.84
Commercial Real Estate 7.16
Commercial and Industrial Loans 11.27
Farm Loans 29.75

Deposit Rates - April 26, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $1,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn MoreShow Less
6 Mo CD
2.01% $1,000 - Learn MoreShow Less
12 Mo CD
2.36% $1,000 - Learn MoreShow Less
18 Mo CD
2.52% $1,000 - Learn MoreShow Less
24 Mo CD
2.77% $1,000 - Learn MoreShow Less
36 Mo CD
2.87% $1,000 - Learn MoreShow Less
60 Mo CD
3.02% $1,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
2.78% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $800 - Learn MoreShow Less

Loan Rates - April 26, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Atkins Savings Bank & Trust

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.062% 4.000% 0.38 $1,997 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Atkins Savings Bank & Trust
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Atkins Savings Bank & Trust branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Atkins Savings Bank & Trust Locations


Financial Details

Atkins Savings Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Atkins Savings Bank & Trust. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Atkins Savings Bank & Trust U.S. Bank Average
9.25% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, Atkins Savings Bank & Trust had $1,131,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,331,000 in equity and $895,000 in loans loss reserves. That gives it a Texas Ratio of 9.25%.

Return on Equity
Atkins Savings Bank & Trust U.S. Bank Average
10.59% 8.80%

Atkins Savings Bank & Trust has a Return on Equity of 10.59% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Atkins Savings Bank & Trust U.S. Bank Average
12.1% 12.29%

Atkins Savings Bank & Trust has a Capitalization of 12.1% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Atkins Savings Bank & Trust Balance Sheet Analysis

As of December 31, 2018, Atkins Savings Bank & Trust had assets of $93,667,000, loans of $60,222,000, and deposits of $81,761,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.08 billion
LIABILITIES
Total deposits $0.08 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 76.54%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.08 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Atkins Savings Bank & Trust

Branches and Savings

Is Atkins Savings Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #9096.

Why does Atkins Savings Bank & Trust pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Atkins Savings Bank & Trust CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Atkins Savings Bank & Trust a commercial bank?

Yes

Where are Atkins Savings Bank & Trust locations?

See branch locations nearby.

Is Atkins Savings Bank & Trust open on Saturdays?

Is Atkins Savings Bank & Trust open on Sundays?

What time does Atkins Savings Bank & Trust open?

What time does Atkins Savings Bank & Trust close?

Are Atkins Savings Bank & Trust ATMs Open 24/7?

Do Atkins Savings Bank & Trust ATMs accept cash deposits?

Can Atkins Savings Bank & Trust customers use other ATMs?

Do Atkins Savings Bank & Trust branches have notaries?

Will Atkins Savings Bank & Trust notarize my document?

What address for Atkins Savings Bank & Trust should I put for incoming ACH transfers?

Will the Atkins Savings Bank & Trust branch print checks?

Do Atkins Savings Bank & Trust checks expire?

Does Atkins Savings Bank & Trust require US citizenship to open account?

Can Atkins Savings Bank & Trust close my account?

Does Atkins Savings Bank & Trust Report to credit bureaus?

Does Atkins Savings Bank & Trust Use Equifax?

What is Atkins Savings Bank & Trust's ACH Routing Number?

What is Atkins Savings Bank & Trust's SWIFT code?

Products

Does Atkins Savings Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Atkins Savings Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Atkins Savings Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Atkins Savings Bank & Trust offer student loans?

Will Atkins Savings Bank & Trust cash a check?

Will Atkins Savings Bank & Trust redeem a savings bond?

Does Atkins Savings Bank & Trust cash savings bonds?

Will Atkins Savings Bank & Trust cash money orders?

Can Atkins Savings Bank & Trust issue a money order?

Does Atkins Savings Bank & Trust do currency exchange?

Background on The Bank

Who owns Atkins Savings Bank & Trust?

How long has Atkins Savings Bank & Trust been around?

Can Atkins Savings Bank & Trust transfer to other banks?

Does Atkins Savings Bank & Trust have quick pay?

Does Atkins Savings Bank & Trust accept rolled coins?

Will Atkins Savings Bank & Trust accept loose change?

Where is Atkins Savings Bank & Trust headquarters?

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