Citizens Building and Loan Association in Greer, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Citizens Building and Loan Association in Greer, South Carolina (SC)
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Citizens Building and Loan Association - Overview

  • General
  • FDIC Certificate #: 31900
    Status: Active
    Federal Reserve ID: 851172
    Date Established: January 01, 1907
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 7583
    FDIC's unique #: 44734
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: December 01, 1977
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 229 Trade Street, Greer, SC 29651
    County: Greenville
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Columbia Sc
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greenville-Spartanburg-Anderson, SC (#3160)
    Combined Statistical Area (CSA): Greenville-Spartanburg-Anderson, SC (#273)
    Core Based Statistical Area (CBSA): Greenville-Mauldin-Easley, SC (#24860)
    CBSA Metro Statistical Area: Greenville-Mauldin-Easley, SC (#24860)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $119.5 mil
    Equity capital: $22.3 mil
    Deposits held in domestic offices: $95.2 mil
    Return on assets (ROA): 0.50% ($0.6 mil)
    Quarterly return on assets: 0.97% ($1.2 mil)
    Return on Equity (ROE): 2.72% ($0.6 mil)
    Quarterly return on equity: 5.22% ($1.1 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.81% ($967.8 mil)
    Quarterly Pretax return on assets: 1.42% ($1,696.7 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
  • 10Total employees (full-time equivalent)
  • $119,484Total assets
  • $5,926Cash and due from depository institutions
  • $5,853Interest-bearing balances
  • $26,209Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,549Net loans & leases
  • $1,211Loan loss allowance
  • $0Trading account assets
  • $1,545Bank premises and fixed assets
  • $537Other real estate owned
  • $0Goodwill and other intangibles
  • $119,484Life insurance assets
  • $8,718All other assets
  • $97,178Total liabilities and capital
  • $95,221Total liabilities
  • $95,221Total deposits
  • $95,221Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,957Subordinated debt
  • $22,306All other liabilities
  • $22,306Total equity capital
  • $22,306Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $22,306Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,385Income earned, not collected on loans
  • $0Earning assets
  • $424Long-term assets (5+ years)
  • $108,611Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $118,862Volatile liabilities
  • $119,404Insider loans
  • $70,763FHLB advances
  • $119,481Loans and leases held for sale
  • $5,993Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,302Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,288Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,594Total interest income
  • $1,834Total interest expense
  • $3,760Net interest income
  • $842Provision for loan and lease losses
  • $244Total noninterest income
  • $0Fiduciary activities
  • $2Service charges on deposit accounts
  • $0Trading account gains & fees
  • $242Additional noninterest income
  • $2,202Total noninterest expense
  • $1,363Salaries and employee benefits
  • $314Premises and equipment expense
  • $525Additional noninterest expense
  • $960Pre-tax net operating income
  • $0Securities gains (losses)
  • $361Applicable income taxes
  • $599Income before extraordinary items
  • $0Extraordinary gains - net
  • $599Net income attributable to bank
  • $0Net charge-offs
  • $599Cash dividends
  • $1,110Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.70%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.04%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 2.72%Return on equity (ROE)
  • 2.72%Retained earnings to average equity (YTD only)
  • 1.40%Net charge-offs to loans
  • 75.86%Credit loss provision to net charge-offs
  • 1.62%Efficiency ratio
  • 54,995Assets per employee
  • 11.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 50.78%Noncurrent assets plus other real estate owned to assets
  • 2.45%Noncurrent loans to loans
  • 3.07%Net loans and leases to deposits
  • 80.39%Net loans and leases to core deposits
  • 80.39%Equity capital to assets
  • 18.67%Core capital (leverage) ratio
  • 18.67%Tier 1 risk-based capital ratio
  • 31.52%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $118,862Average earning assets
  • $21,994Average equity
  • $107,858Average loans

List of branches

  • 1 South Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    044734Citizens Building And Loan Associati229 Trade Street, Greer, SC 29651January 01, 1907Full Service Brick and Mortar

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