Citizens Bank in Columbia, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens Bank - Overview

  • General
  • FDIC Certificate #: 324
    Status: Active
    Federal Reserve ID: 514132
    Bank Holding Company (Regulatory Top Holder): Citizens Corporation (RSSDID: 1246681, Location: Columbia, MS)
    Date Established: July 15, 1914
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12223
    FDIC's unique #: 260
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 814 Main Street, Columbia, MS 39429
    County: Marion
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $357.2 mil
    Equity capital: $34.8 mil
    Deposits held in domestic offices: $304.2 mil
    Return on assets (ROA): 1.50% ($5.4 mil)
    Quarterly return on assets: 1.30% ($4.6 mil)
    Return on Equity (ROE): 16.08% ($5.6 mil)
    Quarterly return on equity: 13.50% ($4.7 mil)
    Net income: $5.4 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.50% ($5,358.0 mil)
    Quarterly Pretax return on assets: 1.30% ($4,643.6 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
  • 129Total employees (full-time equivalent)
  • $357,201Total assets
  • $27,900Cash and due from depository institutions
  • $12,307Interest-bearing balances
  • $35,287Securities
  • $7,364Federal funds sold & reverse repurchase agreements
  • $260,528Net loans & leases
  • $4,166Loan loss allowance
  • $0Trading account assets
  • $10,040Bank premises and fixed assets
  • $2,397Other real estate owned
  • $0Goodwill and other intangibles
  • $357,201Life insurance assets
  • $13,685All other assets
  • $322,354Total liabilities and capital
  • $304,206Total liabilities
  • $249,855Total deposits
  • $304,206Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,716Trading liabilities
  • $0Other borrowed funds
  • $2,432Subordinated debt
  • $34,847All other liabilities
  • $34,847Total equity capital
  • $34,847Total bank equity capital
  • $0Perpetual preferred stock
  • $347Common stock
  • $20,883Surplus
  • $13,617Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,314Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,948Income earned, not collected on loans
  • $0Earning assets
  • $2,244Long-term assets (5+ years)
  • $315,486Average Assets, year-to-date
  • $64,562Average Assets, quarterly
  • $359,361Volatile liabilities
  • $357,983Insider loans
  • $250,138FHLB advances
  • $357,577Loans and leases held for sale
  • $8,218Unused loan commitments
  • $4,957Tier 1 (core) risk-based capital
  • $36,748Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,261Total unused commitments
  • $14,732Restructured Loans and leases
  • $13,967Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,728Total interest income
  • $4,805Total interest expense
  • $14,923Net interest income
  • $886Provision for loan and lease losses
  • $3,439Total noninterest income
  • $122Fiduciary activities
  • $2,052Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,265Additional noninterest income
  • $12,083Total noninterest expense
  • $7,018Salaries and employee benefits
  • $1,374Premises and equipment expense
  • $3,691Additional noninterest expense
  • $5,393Pre-tax net operating income
  • $10Securities gains (losses)
  • $0Applicable income taxes
  • $5,403Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,403Net income attributable to bank
  • $0Net charge-offs
  • $5,403Cash dividends
  • $820Sale, conversion, retirement of capital stock, net
  • $3,250Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.18%Yield on earning assets
  • 1.51%Cost of funding earning assets
  • 4.67%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 3.78%Noninterest expense to earning assets
  • 1.50%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 16.08%Return on equity (ROE)
  • 6.41%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 108.05%Credit loss provision to net charge-offs
  • 7.66%Efficiency ratio
  • 65,783Assets per employee
  • 2.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.15%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 141.32%Noncurrent assets plus other real estate owned to assets
  • 1.50%Noncurrent loans to loans
  • 1.11%Net loans and leases to deposits
  • 85.64%Net loans and leases to core deposits
  • 92.36%Equity capital to assets
  • 9.76%Core capital (leverage) ratio
  • 10.28%Tier 1 risk-based capital ratio
  • 14.69%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $359,361Average earning assets
  • $33,609Average equity
  • $319,237Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $22,590Managed Assets
  • 1Number of Accounts
  • $13,522Personal trust and agency accounts
  • $8,054Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,930Other retirement accounts
  • $316Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,222Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 119Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $9,068Other retirement accounts
  • $1Corporate trust and agency accounts
  • $3,828Other fiduciary accounts
  • $5,239Fiduciary accounts held in foreign offices

List of branches

  • 7 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0260Citizens Bank814 Main Street, Columbia, MS 39429July 15, 1914Full Service Brick and Mortar
    2181528Park Avenue Branch625 Highway 98 By Pass, Columbia, MS 39429May 21, 1979Full Service Brick and Mortar
    315030Tylertown Branch907 Beulah Avenue, Tylertown, MS 39667August 02, 1974Full Service Brick and Mortar
    4253323Magnolia Branch105 North Clark Avenue, Magnolia, MS 39652December 02, 1996Full Service Brick and Mortar
    6430143Seminary Branch102 East Main Street, Seminary, MS 39479March 02, 2004Full Service Brick and Mortar
    9468280Sumrall Branch1036 Highway 42, Sumrall, MS 39482September 27, 2007Full Service Brick and Mortar
    10482368Bellevue Branch7119 U. S. Highway 98, Hattiesburg, MS 39402November 12, 2008Full Service Brick and Mortar

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