Citizens Bank of Cape Vincent in Cape Vincent, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Citizens Bank of Cape Vincent - Overview

  • General
  • FDIC Certificate #: 8908
    Status: Active
    Federal Reserve ID: 84804
    Date Established: January 01, 1919
    WWW: http://www.citizensbankofcapevincent.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 5694
    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: Consumer Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 25, 2006
    Last Structure Change Process Date: June 04, 2010
    Last Data Update: June 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 154 Broadway St, Cape Vincent, NY 13618
    County: Jefferson
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Syracuse
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Watertown-Fort Drum, NY (#48060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $49.3 mil
    Equity capital: $5.4 mil
    Deposits held in domestic offices: $43.7 mil
    Return on assets (ROA): 0.53% ($0.3 mil)
    Quarterly return on assets: 0.55% ($0.3 mil)
    Return on Equity (ROE): 4.83% ($0.2 mil)
    Quarterly return on equity: 5.11% ($0.3 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.60% ($295.9 mil)
    Quarterly Pretax return on assets: 0.55% ($271.2 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
  • 16Total employees (full-time equivalent)
  • $49,317Total assets
  • $2,848Cash and due from depository institutions
  • $39Interest-bearing balances
  • $16,046Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $28,622Net loans & leases
  • $323Loan loss allowance
  • $0Trading account assets
  • $1,092Bank premises and fixed assets
  • $226Other real estate owned
  • $0Goodwill and other intangibles
  • $49,317Life insurance assets
  • $483All other assets
  • $43,962Total liabilities and capital
  • $43,665Total liabilities
  • $34,115Total deposits
  • $43,665Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $297Subordinated debt
  • $5,355All other liabilities
  • $5,355Total equity capital
  • $5,355Total bank equity capital
  • $0Perpetual preferred stock
  • $40Common stock
  • $120Surplus
  • $5,195Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $704Income earned, not collected on loans
  • $0Earning assets
  • $197Long-term assets (5+ years)
  • $44,707Average Assets, year-to-date
  • $24,393Average Assets, quarterly
  • $47,436Volatile liabilities
  • $49,026Insider loans
  • $23,247FHLB advances
  • $48,551Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,197Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $966Restructured Loans and leases
  • $120Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,031Total interest income
  • $386Total interest expense
  • $1,645Net interest income
  • $121Provision for loan and lease losses
  • $171Total noninterest income
  • $0Fiduciary activities
  • $81Service charges on deposit accounts
  • $0Trading account gains & fees
  • $90Additional noninterest income
  • $1,411Total noninterest expense
  • $821Salaries and employee benefits
  • $141Premises and equipment expense
  • $449Additional noninterest expense
  • $284Pre-tax net operating income
  • $0Securities gains (losses)
  • $31Applicable income taxes
  • $253Income before extraordinary items
  • $0Extraordinary gains - net
  • $253Net income attributable to bank
  • $0Net charge-offs
  • $253Cash dividends
  • $48Sale, conversion, retirement of capital stock, net
  • $176Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.72%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.60%Pretax return on assets
  • 4.83%Return on equity (ROE)
  • 1.47%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 252.08%Credit loss provision to net charge-offs
  • 8.44%Efficiency ratio
  • 77,698Assets per employee
  • 3.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.57%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 45.88%Noncurrent assets plus other real estate owned to assets
  • 1.89%Noncurrent loans to loans
  • 2.43%Net loans and leases to deposits
  • 65.55%Net loans and leases to core deposits
  • 67.40%Equity capital to assets
  • 10.86%Core capital (leverage) ratio
  • 10.70%Tier 1 risk-based capital ratio
  • 22.36%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $47,436Average earning assets
  • $5,241Average equity
  • $43,004Average loans

List of branches

  • 3 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05694Citizens Bank Of Cape Vincent154 Broadway St, Cape Vincent, NY 13618January 01, 1919Full Service Brick and Mortar
    1219153Chaumont Office425 Main Street, Chaumont, NY 13622November 05, 1986Full Service Brick and Mortar
    2462256Lafargeville Branch2040 State Street, La Fargeville, NY 13656March 14, 2007Full Service Brick and Mortar

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