Citizen's Bank in Ville Platte, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizen's Bank - Overview

  • General
  • FDIC Certificate #: 21995
    Status: Active
    Federal Reserve ID: 917032
    Bank Holding Company (Regulatory Top Holder): Citizens Bancshares, Inc. (RSSDID: 1085312, Location: Ville Platte, LA)
    Date Established: May 01, 1975
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 15254
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 01, 1975
    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: 841 West Main Street, Ville Platte, LA 70586
    County: Evangeline
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $233.0 mil
    Equity capital: $27.3 mil
    Deposits held in domestic offices: $204.6 mil
    Return on assets (ROA): 0.91% ($2.1 mil)
    Quarterly return on assets: 0.81% ($1.9 mil)
    Return on Equity (ROE): 7.93% ($2.1 mil)
    Quarterly return on equity: 6.90% ($1.9 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.33% ($3,098.6 mil)
    Quarterly Pretax return on assets: 1.17% ($2,725.9 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
  • 62Total employees (full-time equivalent)
  • $232,979Total assets
  • $43,942Cash and due from depository institutions
  • $39,462Interest-bearing balances
  • $69,926Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $113,037Net loans & leases
  • $1,791Loan loss allowance
  • $0Trading account assets
  • $2,332Bank premises and fixed assets
  • $142Other real estate owned
  • $0Goodwill and other intangibles
  • $232,979Life insurance assets
  • $2,600All other assets
  • $205,713Total liabilities and capital
  • $204,607Total liabilities
  • $170,393Total deposits
  • $204,607Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,106Subordinated debt
  • $27,266All other liabilities
  • $27,266Total equity capital
  • $27,266Total bank equity capital
  • $0Perpetual preferred stock
  • $575Common stock
  • $6,425Surplus
  • $20,266Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $55Income earned, not collected on loans
  • $0Earning assets
  • $813Long-term assets (5+ years)
  • $223,425Average Assets, year-to-date
  • $9,535Average Assets, quarterly
  • $229,523Volatile liabilities
  • $231,363Insider loans
  • $97,765FHLB advances
  • $231,524Loans and leases held for sale
  • $410Unused loan commitments
  • $410Tier 1 (core) risk-based capital
  • $26,315Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,113Restructured Loans and leases
  • $4,465Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,213Total interest income
  • $2,307Total interest expense
  • $6,906Net interest income
  • $235Provision for loan and lease losses
  • $1,026Total noninterest income
  • $0Fiduciary activities
  • $585Service charges on deposit accounts
  • $0Trading account gains & fees
  • $441Additional noninterest income
  • $4,642Total noninterest expense
  • $2,788Salaries and employee benefits
  • $413Premises and equipment expense
  • $1,441Additional noninterest expense
  • $3,055Pre-tax net operating income
  • $0Securities gains (losses)
  • $967Applicable income taxes
  • $2,088Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,088Net income attributable to bank
  • $0Net charge-offs
  • $2,088Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $332Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.14%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.11%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 7.93%Return on equity (ROE)
  • 6.67%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 618.42%Credit loss provision to net charge-offs
  • 86.58%Efficiency ratio
  • 58,522Assets per employee
  • 3.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.90%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 3256.36%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 55.25%Net loans and leases to core deposits
  • 60.16%Equity capital to assets
  • 11.70%Core capital (leverage) ratio
  • 11.37%Tier 1 risk-based capital ratio
  • 26.92%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $229,523Average earning assets
  • $26,343Average equity
  • $220,052Average loans

List of branches

  • 3 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015254Citizen's Bank841 West Main Street, Ville Platte, LA 70586May 01, 1975Full Service Brick and Mortar
    1253867Mamou Branch601 Poinciana Avenue, Mamou, LA 70544October 24, 1977Full Service Brick and Mortar
    2242761Pine Prairie BranchHighway 13 And Sanders Street, Pine Prairie, LA 70576January 02, 1969Full Service Brick and Mortar

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