Citizens Savings Bank in Anamosa, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Citizens Savings Bank - Overview

  • General
  • FDIC Certificate #: 10125
    Status: Active
    Federal Reserve ID: 758842
    Bank Holding Company (Regulatory Top Holder): First Community Bancshares Corp. (RSSDID: 1990096, Location: Anamosa, IA)
    Date Established: November 08, 1906
    WWW: http://www.citizensbankia.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 12684
    FDIC's unique #: 6478
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    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: 215 East Main Street, Anamosa, IA 52205
    County: Jones
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $115.8 mil
    Equity capital: $10.7 mil
    Deposits held in domestic offices: $102.6 mil
    Return on assets (ROA): 1.81% ($2.1 mil)
    Quarterly return on assets: 1.91% ($2.2 mil)
    Return on Equity (ROE): 20.63% ($2.3 mil)
    Quarterly return on equity: 20.58% ($2.3 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.90% ($2,201.1 mil)
    Quarterly Pretax return on assets: 2.00% ($2,317.0 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
  • 30Total employees (full-time equivalent)
  • $115,849Total assets
  • $2,230Cash and due from depository institutions
  • $308Interest-bearing balances
  • $52,297Securities
  • $6,461Federal funds sold & reverse repurchase agreements
  • $50,966Net loans & leases
  • $721Loan loss allowance
  • $0Trading account assets
  • $766Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $115,849Life insurance assets
  • $3,129All other assets
  • $105,193Total liabilities and capital
  • $102,631Total liabilities
  • $93,007Total deposits
  • $102,631Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 2054.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $508Subordinated debt
  • $10,656All other liabilities
  • $10,656Total equity capital
  • $10,656Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $2,850Surplus
  • $7,406Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $332Income earned, not collected on loans
  • $0Earning assets
  • $746Long-term assets (5+ years)
  • $110,032Average Assets, year-to-date
  • $56,056Average Assets, quarterly
  • $113,171Volatile liabilities
  • $114,767Insider loans
  • $71,381FHLB advances
  • $114,512Loans and leases held for sale
  • $1,450Unused loan commitments
  • $716Tier 1 (core) risk-based capital
  • $8,688Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $734Total unused commitments
  • $13,930Restructured Loans and leases
  • $4,375Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,956Total interest income
  • $979Total interest expense
  • $3,977Net interest income
  • $0Provision for loan and lease losses
  • $333Total noninterest income
  • $1Fiduciary activities
  • $160Service charges on deposit accounts
  • $0Trading account gains & fees
  • $172Additional noninterest income
  • $2,269Total noninterest expense
  • $1,495Salaries and employee benefits
  • $277Premises and equipment expense
  • $497Additional noninterest expense
  • $2,041Pre-tax net operating income
  • $108Securities gains (losses)
  • $105Applicable income taxes
  • $2,044Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,044Net income attributable to bank
  • $0Net charge-offs
  • $2,044Cash dividends
  • $52Sale, conversion, retirement of capital stock, net
  • $1,771Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 3.71%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.12%Noninterest expense to earning assets
  • 1.72%Net operating income to assets
  • 1.81%Return on assets (ROA)
  • 1.90%Pretax return on assets
  • 20.63%Return on equity (ROE)
  • 2.76%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 39.25%Efficiency ratio
  • 52,645Assets per employee
  • 3.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 86.64%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 217.17%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 49.66%Net loans and leases to core deposits
  • 51.04%Equity capital to assets
  • 9.20%Core capital (leverage) ratio
  • 7.59%Tier 1 risk-based capital ratio
  • 12.17%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $113,171Average earning assets
  • $9,908Average equity
  • $107,093Average 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
  • $1,907Managed Assets
  • 1Number of Accounts
  • $1,710Personal trust and agency accounts
  • $1,710Employee 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
  • 30Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $197Other retirement accounts
  • $197Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06478Citizens Savings Bank215 East Main Street, Anamosa, IA 52205November 08, 1906Full Service Brick and Mortar
    110857Cedar Branch427 Cedar, Tipton, IA 52772November 05, 1948Full Service Brick and Mortar

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