How profitable a bank is has an effect on its safety and soundness. A bank can retain its earnings, increasing its capital cushion, or put them to work addressing problematic loans, potentially making the bank more resilient in times of trouble. Conversely, losses take away from a bank's ability to do those things.
Atkins Savings Bank & Trust scored 20 out of a possible 30 on Bankrate's test of earnings, above the national average of 16.52.
Return on equity, calculated by dividing net income (profit, basically) by total equity, is one important way to measure a bank's earnings. Atkins Savings Bank & Trust's most recent annualized quarterly return on equity was 12.70 percent, above the national average of 9.28 percent.
The bank earned net income of $640,000 on total equity of $10.7 million for the twelve months ended June 30, 2017. The bank experienced an annualized return on average assets, or ROA, of 1.51 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.14 percent.