Citizens First State Bank of Walnut in Walnut, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Citizens First State Bank of Walnut in Walnut, Illinois (IL)
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Citizens First State Bank of Walnut routing number info

Citizens First State Bank of Walnut - Overview

  • General
  • FDIC Certificate #: 939
    Status: Active
    Federal Reserve ID: 476342
    Bank Holding Company (Regulatory Top Holder): Citizens Bancshares, Inc. (RSSDID: 1131385, Location: Walnut, IL)
    Date Established: January 01, 1920
    WWW: http://www.citizensfirststatebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9735
    FDIC's unique #: 611
    Numeric code: 13
    Regulator: FED
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 North Main Street, Walnut, IL 61376
    County: Bureau
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Ottawa-Streator, IL (#36860)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $58.6 mil
    Equity capital: $4.1 mil
    Deposits held in domestic offices: $52.9 mil
    Return on assets (ROA): -1.76% (-$1.0 mil)
    Quarterly return on assets: -2.12% (-$1.3 mil)
    Return on Equity (ROE): -23.62% (-$0.9 mil)
    Quarterly return on equity: -29.00% (-$1.2 mil)
    Net income: -$1.1 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -1.76% (-$1,032.1 mil)
    Quarterly Pretax return on assets: -2.12% (-$1,243.2 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
  • 16Total employees (full-time equivalent)
  • $58,643Total assets
  • $10,321Cash and due from depository institutions
  • $3,254Interest-bearing balances
  • $15,143Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $29,706Net loans & leases
  • $1,034Loan loss allowance
  • $0Trading account assets
  • $607Bank premises and fixed assets
  • $827Other real estate owned
  • $395Goodwill and other intangibles
  • $58,643Life insurance assets
  • $1,644All other assets
  • $54,543Total liabilities and capital
  • $52,928Total liabilities
  • $45,014Total deposits
  • $52,928Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,250Trading liabilities
  • $0Other borrowed funds
  • $365Subordinated debt
  • $4,100All other liabilities
  • $4,100Total equity capital
  • $4,100Total bank equity capital
  • $0Perpetual preferred stock
  • $800Common stock
  • $2,455Surplus
  • $845Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,630Income earned, not collected on loans
  • $0Earning assets
  • $271Long-term assets (5+ years)
  • $48,103Average Assets, year-to-date
  • $18,305Average Assets, quarterly
  • $59,731Volatile liabilities
  • $58,389Insider loans
  • $30,621FHLB advances
  • $57,142Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,522Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,216Restructured Loans and leases
  • $1,008Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,318Total interest income
  • $627Total interest expense
  • $1,691Net interest income
  • $978Provision for loan and lease losses
  • $182Total noninterest income
  • $1Fiduciary activities
  • $128Service charges on deposit accounts
  • $0Trading account gains & fees
  • $53Additional noninterest income
  • $1,947Total noninterest expense
  • $772Salaries and employee benefits
  • $321Premises and equipment expense
  • $854Additional noninterest expense
  • -$1,052Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,052Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,052Net income attributable to bank
  • $0Net charge-offs
  • -$1,052Cash dividends
  • $662Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.45%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 3.25%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 3.74%Noninterest expense to earning assets
  • -1.76%Net operating income to assets
  • -1.76%Return on assets (ROA)
  • -1.76%Pretax return on assets
  • -23.62%Return on equity (ROE)
  • -23.62%Retained earnings to average equity (YTD only)
  • 1.92%Net charge-offs to loans
  • 147.73%Credit loss provision to net charge-offs
  • -0.11%Efficiency ratio
  • 101,762Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.36%Loss allowance to noncurrent loans
  • 63.44%Noncurrent assets plus other real estate owned to assets
  • 4.19%Noncurrent loans to loans
  • 5.30%Net loans and leases to deposits
  • 56.13%Net loans and leases to core deposits
  • 56.70%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 6.16%Tier 1 risk-based capital ratio
  • 11.50%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $59,731Average earning assets
  • $4,454Average equity
  • $52,106Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $536Managed Assets
  • 1Number of Accounts
  • $74Personal trust and agency accounts
  • $74Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 7Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $462Other retirement accounts
  • $0Corporate trust and agency accounts
  • $462Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0611Citizens First State Bank Of Walnut105 North Main Street, Walnut, IL 61376January 01, 1920Full Service Brick and Mortar
    1186696Ohio, Illinois Facility113 North Main, Ohio, IL 61349July 01, 1982Full Service Brick and Mortar
    32421Main Street Branch135 Main Street, Wyanet, IL 61379October 08, 1908Full Service Brick and Mortar

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