The Watkins Savings Bank
Watkins, IA
IDRSSD: 437044
Total Assets
$81.27M
Latest filing
Total Deposits
$69.72M
Latest filing
Net Interest Margin
1.78%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The Watkins Savings Bank
202 1st St
Watkins, IA 52354
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1892FDIC Certificate 11995
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| The Watkins Savings Bank (Main) | 202 1st St | Watkins, IA | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
State Savings Bank
Rake, Iowa
→
Assets: $80.46MΔ -2.1%
Logan State Bank
Logan, Iowa
→
Assets: $85.50MΔ +4.1%
Citizens Savings Bank
Marshalltown, Iowa
→
Assets: $78.60MΔ -4.3%
The State Bank
Spirit Lake, Iowa
→
Assets: $85.96MΔ +4.6%
Tri-Valley Bank
Randolph, Iowa
→
Assets: $86.24MΔ +5.0%
The First National Bank of Manning
Manning, Iowa
→
Assets: $77.94MΔ -5.1%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1892 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 52354 |
| State and County Number | 19011 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Cedar Rapids, IA |
Operational Info
| Number of Employees | 7 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 09/01/1959 |
| Primary Insurance Agency | DIF |
| Website | http://watkinsbank.com |
| Data Updated | 11/14/2025 |
| CERT | 18071 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $81.27M |
| Total Deposits | $69.72M |
| Total Liabilities | $70.06M |
| Total Equity Capital | $11.21M |
| Net Income | $79.00k |
| Net Loans and Leases | $32.81M |
| Assets Per Employee ($Millions) | $11.61M |
| Bank Premises and Fixed Assets | $101.00k |
| Cash and Balances due from Depository Institutions | $1.04M |
| Deposits Held in Domestic Offices | $69.72M |
Key Performance Ratios
| Return on Assets (ROA) | 0.39% |
| Return on Equity (ROE) | 2.91% |
| Net Interest Margin | 1.78% |
| Efficiency Ratio | 77.09% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 13.79% |
| Earning Assets to total Assets | 96.88% |
Income and Expense
| Total Interest Income | $712.00k |
| Total Noninterest Income | $5.00k |
| Total Interest Expense | $359.00k |
| Total Noninterest Expense | $276.00k |
| Net Interest Income | $353.00k |
| Pre-tax Net Operating Income | $82.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $8.06M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $339.00k |
| Total Liabilities and Capital | $81.27M |
Securities
| Securities | $37.85M |
| Available-for-sale debt securities | $37.85M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Watkins Savings Bank?
$81.27M as of the latest filing.
How much are The Watkins Savings Bank's total deposits?
$69.72M in total deposits.
Where is The Watkins Savings Bank located?
Watkins, IA.
What is the Net Interest Margin?
1.78%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1892.
What is the Return on Assets (ROA)?
0.39%.
How much are total loans and leases?
$32.81M (latest filing).
What is the total interest income (latest filing)?
$712.00k.