Citizens Bank of Ada in Ada, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens Bank of Ada - Overview

  • General
  • FDIC Certificate #: 19679
    Status: Active
    Federal Reserve ID: 807656
    Bank Holding Company (Regulatory Top Holder): Citizensada Financial Corporation (RSSDID: 3435229, Location: Ada, OK)
    Date Established: Febuary 20, 1967
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 13478
    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: Febuary 20, 1967
    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: 123 West 12th Street, Ada, OK 74820
    County: Pontotoc
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Ada, OK (#10220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $203.4 mil
    Equity capital: $17.1 mil
    Deposits held in domestic offices: $164.4 mil
    Return on assets (ROA): 0.65% ($1.3 mil)
    Quarterly return on assets: 0.70% ($1.4 mil)
    Return on Equity (ROE): 7.51% ($1.3 mil)
    Quarterly return on equity: 8.07% ($1.4 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.66% ($1,342.6 mil)
    Quarterly Pretax return on assets: 0.70% ($1,423.9 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
  • 79Total employees (full-time equivalent)
  • $203,418Total assets
  • $20,343Cash and due from depository institutions
  • $11,390Interest-bearing balances
  • $38,833Securities
  • $25,245Federal funds sold & reverse repurchase agreements
  • $109,726Net loans & leases
  • $670Loan loss allowance
  • $0Trading account assets
  • $2,841Bank premises and fixed assets
  • $756Other real estate owned
  • $0Goodwill and other intangibles
  • $203,418Life insurance assets
  • $5,674All other assets
  • $186,362Total liabilities and capital
  • $164,400Total liabilities
  • $97,281Total deposits
  • $164,400Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 12428.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,266Trading liabilities
  • $0Other borrowed funds
  • $268Subordinated debt
  • $17,056All other liabilities
  • $17,056Total equity capital
  • $17,056Total bank equity capital
  • $0Perpetual preferred stock
  • $1,650Common stock
  • $2,249Surplus
  • $13,157Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,039Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $926Income earned, not collected on loans
  • $0Earning assets
  • $762Long-term assets (5+ years)
  • $185,194Average Assets, year-to-date
  • $39,127Average Assets, quarterly
  • $199,790Volatile liabilities
  • $204,175Insider loans
  • $117,426FHLB advances
  • $201,255Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,521Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,153Restructured Loans and leases
  • $4,972Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,104Total interest income
  • $1,187Total interest expense
  • $6,917Net interest income
  • $182Provision for loan and lease losses
  • $2,429Total noninterest income
  • $0Fiduciary activities
  • $1,146Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,283Additional noninterest income
  • $7,850Total noninterest expense
  • $4,355Salaries and employee benefits
  • $775Premises and equipment expense
  • $2,720Additional noninterest expense
  • $1,314Pre-tax net operating income
  • $0Securities gains (losses)
  • $12Applicable income taxes
  • $1,302Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,302Net income attributable to bank
  • $0Net charge-offs
  • $1,302Cash dividends
  • $249Sale, conversion, retirement of capital stock, net
  • $1,264Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.46%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 3.81%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 4.32%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 7.51%Return on equity (ROE)
  • 0.22%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 73.09%Credit loss provision to net charge-offs
  • 6.01%Efficiency ratio
  • 83,726Assets per employee
  • 2.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 97.08%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 72.35%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 66.74%Net loans and leases to core deposits
  • 68.98%Equity capital to assets
  • 8.38%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 14.07%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $199,790Average earning assets
  • $17,331Average equity
  • $181,762Average loans

List of branches

  • 4 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013478Citizens Bank Of Ada123 West 12th Street, Ada, OK 74820Febuary 20, 1967Full Service Brick and Mortar
    1364102Ada Arlington Branch1717 Arlington Blvd, Ada, OK 74821January 16, 2002Full Service Brick and Mortar
    2445588Ada Wal-Mart Branch1419 N. Country Club Rd., Ada, OK 74820October 17, 2005Full Service Brick and Mortar
    3491609South Ada Branch1400 S. Cradduck Road, Ada, OK 74820December 30, 2008Full Service Brick and Mortar

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