Liberty Trust & Savings Bank, Financial Information

About Liberty Trust & Savings Bank

 Address:
502 Eighth Avenue
Durant, IA
Cedar County, Iowa
 Established:
Jan 1905
 Number of domestic offices:
4
Agriculture bank
Total assets$168M
Net income$2M
Net income, quarterly$0M
Total deposits$134M
Domestic deposits$134M
Equity capital$33M
ROA1.14%
ROAQ, quarterly0.72%
ROA, pretax0.72%
ROAQ, quarterly, pretax0.84%
ROE5.48%
ROEQ, quarterly3.54%
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.

Liberty Trust & Savings Bank has been serving the Tri-County area of Cedar, Scott and Muscatine counties for more than 100 years.

In 1991, Liberty Bancorporation, the parent company of Liberty Trust & Savings Bank, acquired Bennett State Bank, in Bennett. In 1994 Bennett State Bank purchased an office in Tipton. Bennett State Bank operated as a separate bank until 2002, when the two banks were merged under the name Liberty Trust & Savings Bank. With the merger, Liberty Trust now has four locations from which to serve its customers.

Over the years Liberty Trust & Savings Bank has kept pace with new services and technologies provided to its customers. Most recently the bank has updated its core processing system, begun to clear checks electronically and offered online banking.

Although much has changed since the bank began back in 1904, Liberty Trust & Savings Bank continues to remain a locally owned and managed bank and looks forward to continuing to serve its customers with the same friendly service they have come to expect.

Durant Office (Main Bank)
502 8th Ave.
P.O. Box 1118
Durant, IA 5274
Phone: (563) 785-4441
Fax: (563) 785-4719

New Liberty Office
562 Hendricks St.
P.O. Box 38
New Liberty, IA 52765
Phone / Fax: (563) 890-2281
Phone: (563) 843-2041

Bennett Office
236 Main St.
P.O. Box B
Bennett, IA 52721
Phone: (563) 890-2272
Fax: (563) 890-2421

Tipton Office
101 E. South St.
P.O. Box 366
Tipton, IA 52772
Phone: (563) 886-6092
Fax: (563) 886-3503