Citizens Bank in Strong, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1994

Citizens Bank in Strong, Arkansas (AR)
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Citizens Bank - Overview

General
FDIC Certificate #: 1754
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens First Bank (#95)
Federal Reserve ID: 188243
Date Established: January 01, 1931
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 1165
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 01, 1994
Last Structure Change Process Date: March 14, 1994
Last Data Update: March 14, 1994
Data Source Date: April 05, 2012
Location
Address: 212 West Coleman (Highway 82), Strong, AR 71765
County: Union
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Shreveport
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): El Dorado, AR (#20980)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $17.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$9Total assets
$17,244Cash and due from depository institutions
$2,434Interest-bearing balances
$1,782Securities
$6,192Federal funds sold & reverse repurchase agreements
$1,205Net loans & leases
$6,726Loan loss allowance
$91Trading account assets
$0Bank premises and fixed assets
$287Other real estate owned
$0Goodwill and other intangibles
$103Life insurance assets
$297All other assets
$0Total liabilities and capital
$17,244Total liabilities
$14,939Total deposits
$14,591Interest-bearing deposits
$12,000Deposits held in domestic offices
14591.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$250Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$98Total equity capital
$98Total bank equity capital
$2,305Perpetual preferred stock
$0Common stock
$200Surplus
$1,835Undivided profits
Memoranda
$270Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2Income earned, not collected on loans
$44Earning assets
$15,905Long-term assets (5+ years)
$2,462Average Assets, year-to-date
$16,123Average Assets, quarterly
$16,829Volatile liabilities
$3,845Insider loans
$84FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$392Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,008Total risk weighted assets
$7,714Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$945Total interest expense
$398Net interest income
$547Provision for loan and lease losses
$6Total noninterest income
$87Fiduciary activities
$0Service charges on deposit accounts
$16Trading account gains & fees
$0Additional noninterest income
$71Total noninterest expense
$377Salaries and employee benefits
$160Premises and equipment expense
$50Additional noninterest expense
$167Pre-tax net operating income
$251Securities gains (losses)
$3Applicable income taxes
$92Income before extraordinary items
$162Extraordinary gains - net
$0Net income attributable to bank
$162Net charge-offs
$8Cash dividends
$80Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.39%Cost of funding earning assets
2.69%Net interest margin
3.70%Noninterest income to earning assets
0.59%Noninterest expense to earning assets
2.55%Net operating income to assets
0.99%Return on assets (ROA)
1.00%Pretax return on assets
1.58%Return on equity (ROE)
7.14%Retained earnings to average equity (YTD only)
3.61%Net charge-offs to loans
0.13%Credit loss provision to net charge-offs
75.00%Efficiency ratio
55,363Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.38%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
4550.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.03%Net loans and leases to deposits
46.10%Net loans and leases to core deposits
61.17%Equity capital to assets
13.37%Core capital (leverage) ratio
11.57%Tier 1 risk-based capital ratio
26.03%Total risk-based capital ratio
Memoranda
$27Average assets
$16,123Average earning assets
$2,270Average equity
$14,788Average loans

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