Citizens Bank & Trust Company in Covington, Louisiana (LA)

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Citizens Bank & Trust Company routing number info

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Citizens Bank & Trust Company
GeneralFDIC Certificate #: 16417
Status: Active
Federal Reserve ID: 384830
Date Established: December 31, 1945
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 10592
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: May 10, 1946
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
LocationAddress: 222 New Hampshire Street, Covington, LA 70433
County: St. Tammany
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
Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $110.2 mil
Equity capital: $11.6 mil
Deposits held in domestic offices: $98.0 mil
Return on assets (ROA): 0.29% ($0.3 mil)
Quarterly return on assets: 0.21% ($0.2 mil)
Return on Equity (ROE): 2.81% ($0.3 mil)
Quarterly return on equity: 2.04% ($0.2 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.36% ($396.7 mil)
Quarterly Pretax return on assets: 0.33% ($363.6 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)
Total employees (full-time equivalent)41
Total assets$110,196
Cash and due from depository institutions$20,579
Interest-bearing balances$17,438
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$63,683
Loan loss allowance $1,282
Trading account assets$0
Bank premises and fixed assets$3,687
Other real estate owned$3,952
Goodwill and other intangibles$0
All other assets$1,421
Life insurance assets$110,196
Total liabilities and capital$98,604
Total liabilities$98,025
Total deposits$72,201
Interest-bearing deposits$98,025
Deposits held in domestic offices$95
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $579
All other liabilities $11,592
Total equity capital$11,592
Total bank equity capital$11,592
Perpetual preferred stock$2,655
Common stock$1,200
Undivided profits $3,937
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $351
Earning assets $0
Long-term assets (5+ years) $341
Average Assets, year-to-date $97,995
Average Assets, quarterly $9,439
Volatile liabilities $110,407
Insider loans $109,895
FHLB advances $67,556
Loans and leases held for sale $109,044
Unused loan commitments $456
Tier 1 (core) risk-based capital $456
Tier 2 risk-based capital $11,361
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,089
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,733
Total interest expense $569
Net interest income $4,164
Provision for loan and lease losses $0
Total noninterest income $401
Fiduciary activities $0
Service charges on deposit accounts $232
Trading account gains & fees $0
Additional noninterest income $169
Total noninterest expense $4,164
Salaries and employee benefits $2,196
Premises and equipment expense $604
Additional noninterest expense $1,364
Pre-tax net operating income $401
Securities gains (losses) $0
Applicable income taxes $78
Income before extraordinary items $323
Extraordinary gains - net $0
Net income attributable to bank $323
Net charge-offs $0
Cash dividends $323
Sale, conversion, retirement of capital stock, net $239
Net operating income $131
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.81%
Cost of funding earning assets 0.58%
Net interest margin 4.23%
Noninterest income to earning assets 0.41%
Noninterest expense to earning assets 4.23%
Net operating income to assets 0.29%
Return on assets (ROA) 0.29%
Pretax return on assets 0.36%
Return on equity (ROE) 2.81%
Retained earnings to average equity (YTD only) 1.67%
Net charge-offs to loans 0.37%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio1.68%
Assets per employee$91,216
Cash dividends to net income (YTD only)2.69%
Condition Ratios (%)
Loss allowance to loans 40.56%
Loss allowance to noncurrent loans 1.97%
Noncurrent assets plus other real estate owned to assets 365.24%
Noncurrent loans to loans 3.90%
Net loans and leases to deposits0.54%
Net loans and leases to core deposits 64.97%
Equity capital to assets 66.79%
Core capital (leverage) ratio 10.52%
Tier 1 risk-based capital ratio 10.42%
Total risk-based capital ratio 16.82%
Average assets$18
Average earning assets$110,407
Average equity $11,489
Average loans $98,436
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$378
Number of Accounts1
Personal trust and agency accounts$378
Employee benefit-defined contribution accounts$320
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$58
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts3
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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5 Louisiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010592Citizens Bank & Trust Company222 New Hampshire Street, Covington, LA 70433December 31, 1945Full Service Brick and Mortar
4238052Abita Springs Branch22109 Level St., Abita Springs, LA 70420May 08, 1976Full Service Brick and Mortar
5238053Barker's Corner Branch79030 Hwy 437, Covington, LA 70435May 01, 1979Limited Service Facility
6238054Mandeville BranchMessena Street & East Causeway Boule, Mandeville, LA 70448October 10, 1980Full Service Brick and Mortar
7423308Highway 25 Branch73021 Highway 25, Covington, LA 70435November 19, 2003Full Service Brick and Mortar
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