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
No
ID
Name
Address
Established
Service Type
Map
0
5823
Atkins Savings Bank & Trust
97 Main Avenue, Atkins, IA 52206
April 15, 1915
Full Service Brick and Mortar
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