Citizens National Bank of Wills Point in city_name, state_name

Citizens National Bank of Wills Point in Wills Point, Texas (TX)
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Citizens National Bank of Wills Point routing number info

Citizens National Bank of Wills Point - Overview

General
FDIC Certificate #: 23450
Status: Active
Federal Reserve ID: 302665
Bank Holding Company (Regulatory Top Holder): Wills Point Financial Corporation (RSSDID: 2622086, Location: Wills Point, TX)
Date Established: May 18, 1981
WWW: http://www.citizensnational.org
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: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 16433
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: May 18, 1981
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: 500 North Fourth Street, Wills Point, TX 75169
County: Van Zandt
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $97.5 mil
Equity capital: $11.7 mil
Deposits held in domestic offices: $85.4 mil
Return on assets (ROA): 2.03% ($2.0 mil)
Quarterly return on assets: 1.77% ($1.7 mil)
Return on Equity (ROE): 17.96% ($2.2 mil)
Quarterly return on equity: 15.11% ($1.8 mil)
Net income: $1.9 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 2.03% ($1,978.4 mil)
Quarterly Pretax return on assets: 1.77% ($1,725.0 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
23Total employees (full-time equivalent)
$97,458Total assets
$15,925Cash and due from depository institutions
$11,129Interest-bearing balances
$23,616Securities
$770Federal funds sold & reverse repurchase agreements
$54,450Net loans & leases
$747Loan loss allowance
$0Trading account assets
$808Bank premises and fixed assets
$45Other real estate owned
$0Goodwill and other intangibles
$97,458Life insurance assets
$1,844All other assets
$85,772Total liabilities and capital
$85,394Total liabilities
$69,755Total deposits
$85,394Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$378Subordinated debt
$11,686All other liabilities
$11,686Total equity capital
$11,686Total bank equity capital
$0Perpetual preferred stock
$625Common stock
$2,581Surplus
$8,480Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$571Long-term assets (5+ years)
$89,965Average Assets, year-to-date
$18,180Average Assets, quarterly
$94,977Volatile liabilities
$97,852Insider loans
$56,294FHLB advances
$98,407Loans and leases held for sale
$951Unused loan commitments
$951Tier 1 (core) risk-based capital
$10,923Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,976Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,304Total interest income
$568Total interest expense
$3,736Net interest income
$70Provision for loan and lease losses
$718Total noninterest income
$0Fiduciary activities
$570Service charges on deposit accounts
$0Trading account gains & fees
$148Additional noninterest income
$2,452Total noninterest expense
$1,178Salaries and employee benefits
$261Premises and equipment expense
$1,013Additional noninterest expense
$1,932Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,932Income before extraordinary items
$0Extraordinary gains - net
$1,932Net income attributable to bank
$0Net charge-offs
$1,932Cash dividends
$14Sale, conversion, retirement of capital stock, net
$1,212Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.93%Yield on earning assets
0.65%Cost of funding earning assets
4.28%Net interest margin
0.82%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
2.03%Net operating income to assets
2.03%Return on assets (ROA)
2.03%Pretax return on assets
17.96%Return on equity (ROE)
6.69%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
500.00%Credit loss provision to net charge-offs
143.00%Efficiency ratio
55,052Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.73%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.00%Net loans and leases to deposits
63.76%Net loans and leases to core deposits
70.62%Equity capital to assets
11.99%Core capital (leverage) ratio
11.10%Tier 1 risk-based capital ratio
19.40%Total risk-based capital ratio
Memoranda
$21Average assets
$94,977Average earning assets
$10,755Average equity
$87,377Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	16433	Citizens National Bank Of Wills Poin	500 North Fourth Street, Wills Point, TX 75169	May 18, 1981	Full Service Brick and Mortar
1	256342	Grand Saline Branch	Frank Street And Naiad Street, Grand Saline, TX 75140	May 05, 1994	Full Service Brick and Mortar

Citizens National Bank of Wills Point in Wills Point, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens National Bank of Wills Point - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Citizens National Bank of Wills Point in Wills Point, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens National Bank of Wills Point - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Citizens National Bank of Wills Point in Wills Point, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches