Citizens National Bank in Pascagoula, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 24, 1995

  • Citizens National Bank in Pascagoula, Mississippi (MS)
  • Show street view No street view available for this location

Citizens National Bank - Overview

  • General
  • FDIC Certificate #: 20964
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank of South Mississippi (#22449)
    Federal Reserve ID: 554530
    Date Established: Febuary 15, 1973
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 10342
    FDIC's unique #: 14478
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 15, 1973
    Last Structure Change Effective Date: May 24, 1995
    Last Structure Change Process Date: June 02, 1995
    Last Data Update: June 02, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1114 Jackson Avenue, Pascagoula, MS 39567
    County: Jackson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Biloxi-Gulfport-Pascagoula, MS (#920)
    Combined Statistical Area (CSA): Gulfport-Biloxi-Pascagoula, MS (#274)
    Core Based Statistical Area (CBSA): Pascagoula, MS (#37700)
    CBSA Metro Statistical Area: Pascagoula, MS (#37700)
  • Financial Summary
  • Total assets: $80.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $49Total assets
  • $74,862Cash and due from depository institutions
  • $3,195Interest-bearing balances
  • $194Securities
  • $26,655Federal funds sold & reverse repurchase agreements
  • $1,000Net loans & leases
  • $40,008Loan loss allowance
  • $700Trading account assets
  • $0Bank premises and fixed assets
  • $1,719Other real estate owned
  • $259Goodwill and other intangibles
  • $2,026Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $74,862Total liabilities
  • $68,318Total deposits
  • $61,229Interest-bearing deposits
  • $48,938Deposits held in domestic offices
  • 61229.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $6,437Subordinated debt
  • $0All other liabilities
  • $652Total equity capital
  • $652Total bank equity capital
  • $6,544Perpetual preferred stock
  • $0Common stock
  • $900Surplus
  • $1,920Undivided profits
  • Memoranda
  • $3,724Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $123Income earned, not collected on loans
  • $221Earning assets
  • $67,857Long-term assets (5+ years)
  • $12,979Average Assets, year-to-date
  • $75,616Average Assets, quarterly
  • $77,190Volatile liabilities
  • $10,044Insider loans
  • $702FHLB advances
  • $0Loans and leases held for sale
  • $3,090Unused loan commitments
  • $3,927Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,575Total risk weighted assets
  • $39,066Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,261Total interest expense
  • $2,182Net interest income
  • $3,079Provision for loan and lease losses
  • -$35Total noninterest income
  • $688Fiduciary activities
  • $0Service charges on deposit accounts
  • $441Trading account gains & fees
  • $0Additional noninterest income
  • $247Total noninterest expense
  • $2,709Salaries and employee benefits
  • $1,370Premises and equipment expense
  • $358Additional noninterest expense
  • $981Pre-tax net operating income
  • $1,093Securities gains (losses)
  • $0Applicable income taxes
  • $305Income before extraordinary items
  • $788Extraordinary gains - net
  • $0Net income attributable to bank
  • $788Net charge-offs
  • $15Cash dividends
  • $200Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.81%Cost of funding earning assets
  • 3.24%Net interest margin
  • 4.57%Noninterest income to earning assets
  • 1.02%Noninterest expense to earning assets
  • 4.02%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 1.45%Return on equity (ROE)
  • 12.46%Retained earnings to average equity (YTD only)
  • 9.30%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • -233.33%Efficiency ratio
  • 71,914Assets per employee
  • 1.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.38%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 569.11%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 65.34%Net loans and leases to core deposits
  • 78.16%Equity capital to assets
  • 8.74%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 16.83%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $75,616Average earning assets
  • $6,322Average equity
  • $67,383Average loans

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