Citizens Deposit Bank & Trust in Vanceburg, Kentucky (KY), OH
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens Deposit Bank & Trust - Overview

  • General
  • FDIC Certificate #: 12165
    Status: Active
    Federal Reserve ID: 344816
    Bank Holding Company (Regulatory Top Holder): Premier Financial Bancorp, Inc. (RSSDID: 2007647, Location: Huntington, WV)
    Date Established: October 21, 1930
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: Yes)
    OTS Docket #: 12981
    FDIC's unique #: 7726
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 10, 2010
    Last Structure Change Process Date: September 27, 2010
    Last Data Update: September 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: Second & Main Street, Vanceburg, KY 41179
    County: Lewis
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Maysville, KY (#32500)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
    Change in Location
    Office Purchased
  • Financial Summary
  • Total assets: $212.9 mil
    Equity capital: $21.1 mil
    Deposits held in domestic offices: $183.5 mil
    Return on assets (ROA): 1.16% ($2.5 mil)
    Quarterly return on assets: 1.31% ($2.8 mil)
    Return on Equity (ROE): 11.89% ($2.5 mil)
    Quarterly return on equity: 13.08% ($2.7 mil)
    Net income: $2.4 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.75% ($3,726.5 mil)
    Quarterly Pretax return on assets: 1.97% ($4,195.0 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
  • 69Total employees (full-time equivalent)
  • $212,945Total assets
  • $9,340Cash and due from depository institutions
  • $4,850Interest-bearing balances
  • $64,676Securities
  • $4,589Federal funds sold & reverse repurchase agreements
  • $126,514Net loans & leases
  • $1,304Loan loss allowance
  • $0Trading account assets
  • $2,394Bank premises and fixed assets
  • $215Other real estate owned
  • $2,706Goodwill and other intangibles
  • $212,945Life insurance assets
  • $2,511All other assets
  • $191,819Total liabilities and capital
  • $183,523Total liabilities
  • $141,909Total deposits
  • $183,523Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 6885.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,411Subordinated debt
  • $21,126All other liabilities
  • $21,126Total equity capital
  • $21,126Total bank equity capital
  • $0Perpetual preferred stock
  • $560Common stock
  • $12,356Surplus
  • $8,210Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $70Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,927Income earned, not collected on loans
  • $0Earning assets
  • $708Long-term assets (5+ years)
  • $200,629Average Assets, year-to-date
  • $94,964Average Assets, quarterly
  • $207,548Volatile liabilities
  • $212,283Insider loans
  • $125,168FHLB advances
  • $209,385Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,375Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,191Restructured Loans and leases
  • $5,788Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,347Total interest income
  • $1,351Total interest expense
  • $7,996Net interest income
  • $393Provision for loan and lease losses
  • $2,211Total noninterest income
  • $0Fiduciary activities
  • $1,304Service charges on deposit accounts
  • $0Trading account gains & fees
  • $907Additional noninterest income
  • $6,206Total noninterest expense
  • $2,610Salaries and employee benefits
  • $602Premises and equipment expense
  • $2,994Additional noninterest expense
  • $3,608Pre-tax net operating income
  • $18Securities gains (losses)
  • $1,227Applicable income taxes
  • $2,399Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,399Net income attributable to bank
  • $0Net charge-offs
  • $2,399Cash dividends
  • $225Sale, conversion, retirement of capital stock, net
  • $1,775Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 4.12%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 11.89%Return on equity (ROE)
  • 3.09%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 174.67%Credit loss provision to net charge-offs
  • 17.78%Efficiency ratio
  • 57,284Assets per employee
  • 3.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.99%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 33.21%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 3.07%Net loans and leases to deposits
  • 68.94%Net loans and leases to core deposits
  • 72.60%Equity capital to assets
  • 9.92%Core capital (leverage) ratio
  • 8.30%Tier 1 risk-based capital ratio
  • 13.88%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $207,548Average earning assets
  • $20,183Average equity
  • $193,968Average loans

List of branches

  • 7 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07726Citizens Deposit Bank & TrustSecond & Main Street, Vanceburg, KY 41179October 21, 1930Full Service Brick and Mortar
    1226387Tollesboro BranchState Highway 10, Tollesboro, KY 41189November 27, 1967Full Service Brick and Mortar
    2226388Garrison BranchHighway 10, Garrison, KY 41141January 09, 1976Full Service Brick and Mortar
    5226391Aa BranchAa Hwy & Shelton Drive, Vanceburg, KY 41179Febuary 23, 1998Full Service Brick and Mortar
    7229233Brooksville Branch111 Powell Street, Brooksville, KY 41004July 26, 1999Full Service Brick and Mortar
    94480Maysville Branch1201 Ushwy 68, Maysville, KY 41056January 01, 1847Full Service Brick and Mortar
    12243113Mount Olivet Branch300 South Main St, Mount Olivet, KY 41064September 11, 1978Full Service Brick and Mortar
  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    10211874Aberdeen Branch130 Stivers Rd, Aberdeen, OH 45101August 03, 1970Full Service Brick and Mortar
    116734Ripley Branch104 East Main Street, Ripley, OH 45167January 01, 1907Full Service Brick and Mortar

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