Citizens Federal Savings Bank in Birmingham, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 2003

  • Citizens Federal Savings Bank in Birmingham, Alabama (AL)
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Citizens Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 30926
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Trust Bank (#8033)
    Federal Reserve ID: 768775
    Date Established: January 01, 1956
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6125
    FDIC's unique #: 43760
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 07, 1957
    Last Structure Change Effective Date: March 01, 2003
    Last Structure Change Process Date: March 12, 2003
    Last Data Update: March 12, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 1700 Third Avenue North, Birmingham, AL 35203
    County: Jefferson
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Birmingham, AL (#1000)
    Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
    Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820)
    CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
  • Financial Summary
  • Total assets: $108.5 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, 2002)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $108,540Total assets
  • $5,041Cash and due from depository institutions
  • $957Interest-bearing balances
  • $62,712Securities
  • $1,288Federal funds sold & reverse repurchase agreements
  • $33,862Net loans & leases
  • $260Loan loss allowance
  • $0Trading account assets
  • $3,195Bank premises and fixed assets
  • $635Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,807All other assets
  • $108,540Total liabilities and capital
  • $97,893Total liabilities
  • $77,703Total deposits
  • $77,703Interest-bearing deposits
  • $77,703Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $18,998Other borrowed funds
  • $0Subordinated debt
  • $1,192All other liabilities
  • $10,647Total equity capital
  • $10,647Total bank equity capital
  • $10,647Perpetual preferred stock
  • $0Common stock
  • $130Surplus
  • $1,194Undivided profits
  • Memoranda
  • $9,323Noncurrent loans and leases
  • $1,669Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $472Earning assets
  • $0Long-term assets (5+ years)
  • $337Average Assets, year-to-date
  • $98,819Average Assets, quarterly
  • $0Volatile liabilities
  • $107,566Insider loans
  • $107,700FHLB advances
  • $60,074Loans and leases held for sale
  • $0Unused loan commitments
  • $18,950Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,669Total unused commitments
  • $0Restructured Loans and leases
  • $260Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $5,805Total interest income
  • $2,541Total interest expense
  • $3,264Net interest income
  • $0Provision for loan and lease losses
  • $583Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $583Additional noninterest income
  • $2,924Total noninterest expense
  • $1,150Salaries and employee benefits
  • $539Premises and equipment expense
  • $1,235Additional noninterest expense
  • $923Pre-tax net operating income
  • $82Securities gains (losses)
  • $362Applicable income taxes
  • $643Income before extraordinary items
  • $0Extraordinary gains - net
  • $643Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$34Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.91%Yield on earning assets
  • 2.59%Cost of funding earning assets
  • 3.32%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 6.44%Return on equity (ROE)
  • 6.44%Retained earnings to average equity (YTD only)
  • -0.09%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 76,007Assets per employee
  • 3.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 55.08%Noncurrent assets plus other real estate owned to assets
  • 0.92%Noncurrent loans to loans
  • 1.38%Net loans and leases to deposits
  • 43.58%Net loans and leases to core deposits
  • 92.45%Equity capital to assets
  • 9.81%Core capital (leverage) ratio
  • 9.20%Tier 1 risk-based capital ratio
  • 22.10%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $107,566Average earning assets
  • $9,977Average equity
  • $98,214Average loans

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