Citizens Bank of Cumberland County, Inc. in Burkesville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens Bank of Cumberland County, Inc. - Overview

  • General
  • FDIC Certificate #: 35442
    Status: Active
    Federal Reserve ID: 2921622
    Bank Holding Company (Regulatory Top Holder): Citizens Cumberland Bancshares, Inc. (RSSDID: 3110012, Location: Burkesville, KY)
    Date Established: July 01, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 80041
    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: July 01, 2000
    Last Structure Change Effective Date: August 12, 2009
    Last Structure Change Process Date: August 12, 2009
    Last Data Update: August 12, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 209 Keen Street, Burkesville, KY 42717
    County: Cumberland
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Elizabethtown
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $73.5 mil
    Equity capital: $7.9 mil
    Deposits held in domestic offices: $60.8 mil
    Return on assets (ROA): 1.12% ($0.8 mil)
    Quarterly return on assets: 1.33% ($1.0 mil)
    Return on Equity (ROE): 10.88% ($0.9 mil)
    Quarterly return on equity: 12.67% ($1.0 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.12% ($823.7 mil)
    Quarterly Pretax return on assets: 1.33% ($978.1 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
  • 21Total employees (full-time equivalent)
  • $73,545Total assets
  • $1,774Cash and due from depository institutions
  • $124Interest-bearing balances
  • $6,917Securities
  • $4,700Federal funds sold & reverse repurchase agreements
  • $57,771Net loans & leases
  • $770Loan loss allowance
  • $0Trading account assets
  • $714Bank premises and fixed assets
  • $281Other real estate owned
  • $0Goodwill and other intangibles
  • $73,545Life insurance assets
  • $1,388All other assets
  • $65,651Total liabilities and capital
  • $60,796Total liabilities
  • $53,107Total deposits
  • $60,796Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 392.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,219Trading liabilities
  • $0Other borrowed funds
  • $244Subordinated debt
  • $7,894All other liabilities
  • $7,894Total equity capital
  • $7,894Total bank equity capital
  • $0Perpetual preferred stock
  • $2,150Common stock
  • $3,350Surplus
  • $2,394Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $983Income earned, not collected on loans
  • $0Earning assets
  • $489Long-term assets (5+ years)
  • $69,512Average Assets, year-to-date
  • $23,584Average Assets, quarterly
  • $75,636Volatile liabilities
  • $74,430Insider loans
  • $53,090FHLB advances
  • $74,456Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,829Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,419Restructured Loans and leases
  • $779Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,954Total interest income
  • $912Total interest expense
  • $3,042Net interest income
  • $539Provision for loan and lease losses
  • $298Total noninterest income
  • $0Fiduciary activities
  • $291Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7Additional noninterest income
  • $1,955Total noninterest expense
  • $921Salaries and employee benefits
  • $161Premises and equipment expense
  • $873Additional noninterest expense
  • $846Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $846Income before extraordinary items
  • $0Extraordinary gains - net
  • $846Net income attributable to bank
  • $0Net charge-offs
  • $846Cash dividends
  • $945Sale, conversion, retirement of capital stock, net
  • $685Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.54%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 10.88%Return on equity (ROE)
  • 2.07%Retained earnings to average equity (YTD only)
  • 1.55%Net charge-offs to loans
  • 57.04%Credit loss provision to net charge-offs
  • 1.47%Efficiency ratio
  • 58,533Assets per employee
  • 3.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.97%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 78.33%Noncurrent assets plus other real estate owned to assets
  • 1.72%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 95.02%Net loans and leases to core deposits
  • 99.69%Equity capital to assets
  • 10.73%Core capital (leverage) ratio
  • 10.51%Tier 1 risk-based capital ratio
  • 14.75%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $75,636Average earning assets
  • $7,773Average equity
  • $71,313Average loans

List of branches

  • 1 Kentucky Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    080041Citizens Bank Of Cumberland County, Inc.209 Keen Street, Burkesville, KY 42717July 01, 2000Full Service Brick and Mortar

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