Citizens 1st Bank in Tyler, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Citizens 1st Bank - Overview

  • General
  • FDIC Certificate #: 1715
    Status: Active
    Federal Reserve ID: 869663
    Date Established: April 24, 1920
    WWW: http://www.citizens1stbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 13157
    FDIC's unique #: 1130
    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: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 27, 2010
    Last Structure Change Process Date: May 27, 2010
    Last Data Update: May 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 2001 East South East Loop 323, Tyler, TX 75701
    County: Smith
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Tyler, TX (#8640)
    Combined Statistical Area (CSA): Tyler-Jacksonville, TX (#540)
    Core Based Statistical Area (CBSA): Tyler, TX (#46340)
    CBSA Metro Statistical Area: Tyler, TX (#46340)
  • Financial Summary
  • Total assets: $798.7 mil
    Equity capital: $143.0 mil
    Deposits held in domestic offices: $478.7 mil
    Return on assets (ROA): 2.47% ($19.7 mil)
    Quarterly return on assets: 2.23% ($17.8 mil)
    Return on Equity (ROE): 14.13% ($20.2 mil)
    Quarterly return on equity: 12.42% ($17.8 mil)
    Net income: $18.8 mil
    Quarterly Net income: $4.4 mil
    Pretax return on assets: 2.47% ($19,727.8 mil)
    Quarterly Pretax return on assets: 2.23% ($17,810.9 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
  • 52Total employees (full-time equivalent)
  • $798,697Total assets
  • $16,470Cash and due from depository institutions
  • $11,275Interest-bearing balances
  • $553,456Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $213,490Net loans & leases
  • $2,252Loan loss allowance
  • $0Trading account assets
  • $1,322Bank premises and fixed assets
  • $2,023Other real estate owned
  • $0Goodwill and other intangibles
  • $798,697Life insurance assets
  • $11,936All other assets
  • $655,706Total liabilities and capital
  • $478,691Total liabilities
  • $437,003Total deposits
  • $478,691Interest-bearing deposits
  • $57Deposits held in domestic offices
  • 787.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $175,204Trading liabilities
  • $0Other borrowed funds
  • $1,024Subordinated debt
  • $142,991All other liabilities
  • $142,991Total equity capital
  • $142,991Total bank equity capital
  • $0Perpetual preferred stock
  • $3,500Common stock
  • $40,000Surplus
  • $99,491Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $985Income earned, not collected on loans
  • $0Earning assets
  • $4,057Long-term assets (5+ years)
  • $778,221Average Assets, year-to-date
  • $310,752Average Assets, quarterly
  • $761,008Volatile liabilities
  • $791,279Insider loans
  • $298,567FHLB advances
  • $790,228Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $124,455Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,150Restructured Loans and leases
  • $2,110Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $34,136Total interest income
  • $9,172Total interest expense
  • $24,964Net interest income
  • $825Provision for loan and lease losses
  • $1,065Total noninterest income
  • $0Fiduciary activities
  • $574Service charges on deposit accounts
  • $0Trading account gains & fees
  • $491Additional noninterest income
  • $6,433Total noninterest expense
  • $3,296Salaries and employee benefits
  • $578Premises and equipment expense
  • $2,559Additional noninterest expense
  • $18,771Pre-tax net operating income
  • $11Securities gains (losses)
  • $0Applicable income taxes
  • $18,782Income before extraordinary items
  • $0Extraordinary gains - net
  • $18,782Net income attributable to bank
  • $0Net charge-offs
  • $18,782Cash dividends
  • $243Sale, conversion, retirement of capital stock, net
  • $7,658Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 2.47%Net operating income to assets
  • 2.47%Return on assets (ROA)
  • 2.47%Pretax return on assets
  • 14.13%Return on equity (ROE)
  • 8.37%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 339.51%Credit loss provision to net charge-offs
  • 80.64%Efficiency ratio
  • 24,715Assets per employee
  • 15.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.77%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 228.63%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.46%Net loans and leases to deposits
  • 44.60%Net loans and leases to core deposits
  • 58.61%Equity capital to assets
  • 17.90%Core capital (leverage) ratio
  • 15.75%Tier 1 risk-based capital ratio
  • 41.68%Total risk-based capital ratio
  • Memoranda
  • $42Average assets
  • $761,008Average earning assets
  • $132,891Average equity
  • $740,915Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01130Citizens 1st Bank2001 East South East Loop 323, Tyler, TX 75701April 24, 1920Full Service Brick and Mortar
    2272527Jacksonville Branch825 South Jackson, Jacksonville, TX 75766July 01, 1934Full Service Brick and Mortar
    646757Nacogdoches Branch3010 North University Drive, Nacogdoches, TX 75964December 14, 1990Full Service Brick and Mortar
    846666Rusk Branch125 N. Main Street, Rusk, TX 75785November 30, 1990Full Service Brick and Mortar

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