Citizens Bank in Hartsville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Citizens Bank in Hartsville, Tennessee (TN)
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Citizens Bank - Overview

  • General
  • FDIC Certificate #: 6103
    Status: Active
    Federal Reserve ID: 381839
    Bank Holding Company (Regulatory Top Holder): Cumberland Bancshares, Inc. (RSSDID: 1139288, Location: Hartsville, TN)
    Date Established: October 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 9074
    FDIC's unique #: 4124
    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: 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: Highway 25 And Broadway, Hartsville, TN 37074
    County: Trousdale
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
    CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $146.6 mil
    Equity capital: $13.0 mil
    Deposits held in domestic offices: $132.9 mil
    Return on assets (ROA): 0.91% ($1.3 mil)
    Quarterly return on assets: 0.91% ($1.3 mil)
    Return on Equity (ROE): 10.43% ($1.4 mil)
    Quarterly return on equity: 10.20% ($1.3 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.47% ($2,154.8 mil)
    Quarterly Pretax return on assets: 1.47% ($2,154.8 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
  • 44Total employees (full-time equivalent)
  • $146,583Total assets
  • $4,580Cash and due from depository institutions
  • $37Interest-bearing balances
  • $23,156Securities
  • $7,091Federal funds sold & reverse repurchase agreements
  • $104,392Net loans & leases
  • $1,439Loan loss allowance
  • $0Trading account assets
  • $4,373Bank premises and fixed assets
  • $1,174Other real estate owned
  • $0Goodwill and other intangibles
  • $146,583Life insurance assets
  • $1,817All other assets
  • $133,590Total liabilities and capital
  • $132,900Total liabilities
  • $114,503Total deposits
  • $132,900Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $70Trading liabilities
  • $0Other borrowed funds
  • $620Subordinated debt
  • $12,993All other liabilities
  • $12,993Total equity capital
  • $12,993Total bank equity capital
  • $0Perpetual preferred stock
  • $340Common stock
  • $340Surplus
  • $12,313Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,706Income earned, not collected on loans
  • $0Earning assets
  • $877Long-term assets (5+ years)
  • $134,676Average Assets, year-to-date
  • $58,971Average Assets, quarterly
  • $143,427Volatile liabilities
  • $145,398Insider loans
  • $103,455FHLB advances
  • $144,884Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,672Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,340Restructured Loans and leases
  • $3,075Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,731Total interest income
  • $1,630Total interest expense
  • $6,101Net interest income
  • $472Provision for loan and lease losses
  • $623Total noninterest income
  • $0Fiduciary activities
  • $553Service charges on deposit accounts
  • $0Trading account gains & fees
  • $70Additional noninterest income
  • $4,269Total noninterest expense
  • $2,301Salaries and employee benefits
  • $542Premises and equipment expense
  • $1,426Additional noninterest expense
  • $1,983Pre-tax net operating income
  • $132Securities gains (losses)
  • $811Applicable income taxes
  • $1,304Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,304Net income attributable to bank
  • $0Net charge-offs
  • $1,304Cash dividends
  • $453Sale, conversion, retirement of capital stock, net
  • $374Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.82%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.21%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 10.43%Return on equity (ROE)
  • 7.44%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 104.19%Credit loss provision to net charge-offs
  • 5.42%Efficiency ratio
  • 63,489Assets per employee
  • 3.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.68%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 84.35%Noncurrent assets plus other real estate owned to assets
  • 1.96%Noncurrent loans to loans
  • 1.61%Net loans and leases to deposits
  • 78.55%Net loans and leases to core deposits
  • 82.36%Equity capital to assets
  • 8.86%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 12.25%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $143,427Average earning assets
  • $12,501Average equity
  • $132,916Average loans

List of branches

  • 2 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04124Citizens BankHighway 25 And Broadway, Hartsville, TN 37074October 01, 1905Full Service Brick and Mortar
    5433182Citizens Bank150 West Main Street, Gallatin, TN 37066November 05, 2003Full Service Brick and Mortar

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