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


Citizens Savings Bank - Overview

  • General
  • FDIC Certificate #: 14785
    Status: Active
    Federal Reserve ID: 474544
    Bank Holding Company (Regulatory Top Holder): Gilman Investment Co. (RSSDID: 1202913, Location: Oskaloosa, IA)
    Date Established: January 01, 1907
    WWW: http://www.citizenssavingsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 9248
    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: October 03, 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: 110 West Southridge Road, Marshalltown, IA 50158
    County: Marshall
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Marshalltown, IA (#32260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $53.0 mil
    Equity capital: $4.2 mil
    Deposits held in domestic offices: $48.6 mil
    Return on assets (ROA): 1.12% ($0.6 mil)
    Quarterly return on assets: 0.26% ($0.1 mil)
    Return on Equity (ROE): 13.26% ($0.5 mil)
    Quarterly return on equity: 3.06% ($0.1 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.19% ($630.5 mil)
    Quarterly Pretax return on assets: 0.31% ($164.3 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
  • 17Total employees (full-time equivalent)
  • $52,984Total assets
  • $1,122Cash and due from depository institutions
  • $9Interest-bearing balances
  • $460Securities
  • $13,362Federal funds sold & reverse repurchase agreements
  • $36,497Net loans & leases
  • $205Loan loss allowance
  • $0Trading account assets
  • $685Bank premises and fixed assets
  • $197Other real estate owned
  • $0Goodwill and other intangibles
  • $52,984Life insurance assets
  • $661All other assets
  • $48,776Total liabilities and capital
  • $48,594Total liabilities
  • $35,297Total deposits
  • $48,594Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $182Subordinated debt
  • $4,208All other liabilities
  • $4,208Total equity capital
  • $4,208Total bank equity capital
  • $0Perpetual preferred stock
  • $195Common stock
  • $1,550Surplus
  • $2,463Undivided 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
  • $373Long-term assets (5+ years)
  • $50,328Average Assets, year-to-date
  • $1,556Average Assets, quarterly
  • $50,298Volatile liabilities
  • $51,722Insider loans
  • $35,475FHLB advances
  • $52,261Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,208Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,913Restructured Loans and leases
  • $72Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,302Total interest income
  • $389Total interest expense
  • $1,913Net interest income
  • $17Provision for loan and lease losses
  • $265Total noninterest income
  • $0Fiduciary activities
  • $140Service charges on deposit accounts
  • $0Trading account gains & fees
  • $125Additional noninterest income
  • $1,563Total noninterest expense
  • $990Salaries and employee benefits
  • $129Premises and equipment expense
  • $444Additional noninterest expense
  • $598Pre-tax net operating income
  • $0Securities gains (losses)
  • $35Applicable income taxes
  • $563Income before extraordinary items
  • $0Extraordinary gains - net
  • $563Net income attributable to bank
  • $0Net charge-offs
  • $563Cash dividends
  • $17Sale, conversion, retirement of capital stock, net
  • $487Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 13.26%Return on equity (ROE)
  • 1.79%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 36.18%Efficiency ratio
  • 71,763Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 86.50%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 75.11%Net loans and leases to core deposits
  • 75.89%Equity capital to assets
  • 7.94%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 11.86%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $50,298Average earning assets
  • $4,246Average equity
  • $47,850Average 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
  • $616Managed Assets
  • 1Number of Accounts
  • $616Personal trust and agency accounts
  • $616Employee 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
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09248Citizens Savings Bank110 West Southridge Road, Marshalltown, IA 50158January 01, 1907Full Service Brick and Mortar
    1232098Le Grand Branch104 East Main Street, Le Grand, IA 50142January 10, 1975Full Service Brick and Mortar
    2360181Gilman Branch103 South Elm Street, Gilman, IA 50106April 09, 2001Full Service Brick and Mortar

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