Citizens Bank of Northern California in Nevada City, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 23, 2011

Citizens Bank of Northern California - Overview

  • General
  • FDIC Certificate #: 33983
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Tri Counties Bank (#21943)
    Federal Reserve ID: 2269847
    Date Established: Febuary 08, 1995
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 55561
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 08, 1995
    Last Structure Change Effective Date: September 23, 2011
    Last Structure Change Process Date: September 26, 2011
    Last Data Update: September 26, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 305 Railroad Avenue, Suite #1, Nevada City, CA 95959
    County: Nevada
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Sacramento
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
    Core Based Statistical Area (CBSA): Truckee-Grass Valley, CA (#46020)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $288.8 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, 2010)

  • Dollar figures in thousands
  • 76Total employees (full-time equivalent)
  • $328,170Total assets
  • $47,434Cash and due from depository institutions
  • $38,832Interest-bearing balances
  • $10,123Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $248,209Net loans & leases
  • $15,238Loan loss allowance
  • $0Trading account assets
  • $1,085Bank premises and fixed assets
  • $10,290Other real estate owned
  • $0Goodwill and other intangibles
  • $6,029Life insurance assets
  • $11,029All other assets
  • $328,170Total liabilities and capital
  • $309,918Total liabilities
  • $275,350Total deposits
  • $255,906Interest-bearing deposits
  • $275,350Deposits held in domestic offices
  • 91.42%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $30,567Other borrowed funds
  • $0Subordinated debt
  • $4,001All other liabilities
  • $18,252Total equity capital
  • $18,252Total bank equity capital
  • $18,252Perpetual preferred stock
  • $0Common stock
  • $6,149Surplus
  • $23,684Undivided profits
  • Memoranda
  • $-11,581Noncurrent loans and leases
  • $13,027Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $34,813Earning assets
  • $120Long-term assets (5+ years)
  • $1,961Average Assets, year-to-date
  • $297,164Average Assets, quarterly
  • $107,478Volatile liabilities
  • $343,892Insider loans
  • $342,499FHLB advances
  • $63,488Loans and leases held for sale
  • $15,711Unused loan commitments
  • $30,567Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,837Total risk weighted assets
  • $13,027Total unused commitments
  • $21,434Restructured Loans and leases
  • $3,508Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $16,649Total interest income
  • $1,979Total interest expense
  • $14,670Net interest income
  • $10,250Provision for loan and lease losses
  • $1,067Total noninterest income
  • $0Fiduciary activities
  • $1,079Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$12Additional noninterest income
  • $10,924Total noninterest expense
  • $5,405Salaries and employee benefits
  • $1,474Premises and equipment expense
  • $4,045Additional noninterest expense
  • -$5,437Pre-tax net operating income
  • $120Securities gains (losses)
  • $0Applicable income taxes
  • -$5,317Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,317Net income attributable to bank
  • $0Net charge-offs
  • -$5,317Cash dividends
  • $9,399Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 4.60%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.42%Noninterest expense to earning assets
  • -1.58%Net operating income to assets
  • -1.55%Return on assets (ROA)
  • -1.55%Pretax return on assets
  • -25.32%Return on equity (ROE)
  • -25.32%Retained earnings to average equity (YTD only)
  • 3.27%Net charge-offs to loans
  • 109.05%Credit loss provision to net charge-offs
  • 0.51%Efficiency ratio
  • 69,416Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.78%Loss allowance to noncurrent loans
  • 43.77%Noncurrent assets plus other real estate owned to assets
  • 13.74%Noncurrent loans to loans
  • 13.21%Net loans and leases to deposits
  • 90.14%Net loans and leases to core deposits
  • 104.54%Equity capital to assets
  • 5.56%Core capital (leverage) ratio
  • 5.40%Tier 1 risk-based capital ratio
  • 6.81%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $343,892Average earning assets
  • $20,997Average equity
  • $319,129Average loans

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