FDIC Certificate #: 3158 Status: Active Federal Reserve ID: 901451 Bank Holding Company (Regulatory Top Holder): Citizens Bancshares, Inc. (RSSDID: 1102161, Location: Crosbyton, TX) Date Established: January 01, 1907 WWW:http://www.cnbcrosbyton.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2025 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 01, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 202 West Main Street, Crosbyton, TX 79322 County: Crosby Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Lubbock-Levelland, TX (#352) Core Based Statistical Area (CBSA): Lubbock, TX (#31180) CBSA Metro Statistical Area: Lubbock, TX (#31180)
History of Changes
Change in Location
Financial Summary
Total assets: $46.3 mil Equity capital: $6.2 mil Deposits held in domestic offices: $40.0 mil Return on assets (ROA): 0.67% ($0.3 mil) Quarterly return on assets: 0.42% ($0.2 mil) Return on Equity (ROE): 4.80% ($0.3 mil) Quarterly return on equity: 3.16% ($0.2 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.67% ($310.4 mil) Quarterly Pretax return on assets: 0.42% ($194.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$46,335Total assets
$27,063Cash and due from depository institutions
$23,625Interest-bearing balances
$2,531Securities
$3,300Federal funds sold & reverse repurchase agreements
$13,122Net loans & leases
$160Loan loss allowance
$0Trading account assets
$19Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$46,335Life insurance assets
$300All other assets
$40,131Total liabilities and capital
$40,005Total liabilities
$30,880Total deposits
$40,005Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$126Subordinated debt
$6,204All other liabilities
$6,204Total equity capital
$6,204Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$100Surplus
$6,004Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1Income earned, not collected on loans
$0Earning assets
$208Long-term assets (5+ years)
$42,578Average Assets, year-to-date
$297Average Assets, quarterly
$44,423Volatile liabilities
$46,176Insider loans
$19,008FHLB advances
$39,680Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,182Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,661Restructured Loans and leases
$71Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$987Total interest income
$215Total interest expense
$772Net interest income
$0Provision for loan and lease losses
$232Total noninterest income
$0Fiduciary activities
$216Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$708Total noninterest expense
$428Salaries and employee benefits
$31Premises and equipment expense
$249Additional noninterest expense
$296Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$296Income before extraordinary items
$0Extraordinary gains - net
$296Net income attributable to bank
$0Net charge-offs
$296Cash dividends
$1Sale, conversion, retirement of capital stock, net
$232Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.34%Yield on earning assets
0.51%Cost of funding earning assets
1.83%Net interest margin
0.55%Noninterest income to earning assets
1.68%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
0.67%Pretax return on assets
4.80%Return on equity (ROE)
1.04%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
296.00%Efficiency ratio
70,518Assets per employee
4.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.38%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
16000.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.01%Net loans and leases to deposits
32.80%Net loans and leases to core deposits
34.74%Equity capital to assets
13.39%Core capital (leverage) ratio
15.58%Tier 1 risk-based capital ratio
32.52%Total risk-based capital ratio
Memoranda
$34Average assets
$44,423Average earning assets
$6,165Average equity
$42,186Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2025
Citizens National Bank Of Crosbyton
202 West Main Street, Crosbyton, TX 79322
January 01, 1907
Full Service Brick and Mortar
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