Citizens Progressive Bank in Columbia, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Citizens Progressive Bank - Overview

  • General
  • FDIC Certificate #: 10531
    Status: Active
    Federal Reserve ID: 732253
    Bank Holding Company (Regulatory Top Holder): Caldwell Holding Company (RSSDID: 1108985, Location: Columbia, LA)
    Date Established: January 01, 1918
    WWW: http://www.cpbonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14432
    FDIC's unique #: 6744
    Numeric code: 21
    Regulator: FDIC
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 2008
    Last Structure Change Process Date: Febuary 29, 2008
    Last Data Update: Febuary 29, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Main Street, Columbia, LA 71418
    County: Caldwell
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Participated in Reorganization
  • Financial Summary
  • Total assets: $78.0 mil
    Equity capital: $10.8 mil
    Deposits held in domestic offices: $67.0 mil
    Return on assets (ROA): 1.54% ($1.2 mil)
    Quarterly return on assets: 1.54% ($1.2 mil)
    Return on Equity (ROE): 11.08% ($1.2 mil)
    Quarterly return on equity: 11.07% ($1.2 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.54% ($1,201.8 mil)
    Quarterly Pretax return on assets: 1.54% ($1,201.8 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
  • 28Total employees (full-time equivalent)
  • $78,039Total assets
  • $2,026Cash and due from depository institutions
  • $622Interest-bearing balances
  • $6,967Securities
  • $5,475Federal funds sold & reverse repurchase agreements
  • $53,597Net loans & leases
  • $582Loan loss allowance
  • $0Trading account assets
  • $2,996Bank premises and fixed assets
  • $210Other real estate owned
  • $4,538Goodwill and other intangibles
  • $78,039Life insurance assets
  • $2,230All other assets
  • $67,192Total liabilities and capital
  • $67,050Total liabilities
  • $55,183Total deposits
  • $67,050Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $142Subordinated debt
  • $10,847All other liabilities
  • $10,847Total equity capital
  • $10,847Total bank equity capital
  • $0Perpetual preferred stock
  • $7,459Common stock
  • $1,500Surplus
  • $1,888Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $890Income earned, not collected on loans
  • $0Earning assets
  • $836Long-term assets (5+ years)
  • $66,661Average Assets, year-to-date
  • $9,131Average Assets, quarterly
  • $74,902Volatile liabilities
  • $78,000Insider loans
  • $61,484FHLB advances
  • $73,654Loans and leases held for sale
  • $572Unused loan commitments
  • $572Tier 1 (core) risk-based capital
  • $5,966Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,478Restructured Loans and leases
  • $519Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,606Total interest income
  • $842Total interest expense
  • $3,764Net interest income
  • $145Provision for loan and lease losses
  • $596Total noninterest income
  • $0Fiduciary activities
  • $463Service charges on deposit accounts
  • $0Trading account gains & fees
  • $133Additional noninterest income
  • $3,146Total noninterest expense
  • $1,508Salaries and employee benefits
  • $453Premises and equipment expense
  • $1,185Additional noninterest expense
  • $1,069Pre-tax net operating income
  • $85Securities gains (losses)
  • $0Applicable income taxes
  • $1,154Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,154Net income attributable to bank
  • $0Net charge-offs
  • $1,154Cash dividends
  • $229Sale, conversion, retirement of capital stock, net
  • $464Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.48%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 6.11%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 5.11%Noninterest expense to earning assets
  • 1.43%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 11.08%Return on equity (ROE)
  • 6.62%Retained earnings to average equity (YTD only)
  • 0.44%Net charge-offs to loans
  • 63.32%Credit loss provision to net charge-offs
  • 5.30%Efficiency ratio
  • 72,156Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.21%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 65.39%Noncurrent assets plus other real estate owned to assets
  • 1.41%Noncurrent loans to loans
  • 1.64%Net loans and leases to deposits
  • 79.94%Net loans and leases to core deposits
  • 89.47%Equity capital to assets
  • 13.90%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 9.70%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $74,902Average earning assets
  • $10,418Average equity
  • $61,605Average loans

List of branches

  • 3 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06744Citizens Progressive Bank301 Main Street, Columbia, LA 71418January 01, 1918Full Service Brick and Mortar
    1222566Grayson Branch103 Hines Street, Grayson, LA 71435July 31, 1975Full Service Brick and Mortar
    3493357Winnsboro Branch North Branch3540 Front Street, Winnsboro, LA 71295December 22, 2008Full Service Brick and Mortar

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