Citizens State Bank in Lena, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Citizens State Bank in Lena, Illinois (IL)
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Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 10474
    Status: Active
    Federal Reserve ID: 356239
    Bank Holding Company (Regulatory Top Holder): First Lena Corporation (RSSDID: 1208148, Location: Lena, IL)
    Date Established: January 01, 1880
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15402
    FDIC's unique #: 6701
    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: September 01, 2009
    Last Structure Change Process Date: October 02, 2009
    Last Data Update: October 02, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 West Main Street, Lena, IL 61048
    County: Stephenson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Freeport, IL (#23300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $217.4 mil
    Equity capital: $23.0 mil
    Deposits held in domestic offices: $187.0 mil
    Return on assets (ROA): 1.32% ($2.9 mil)
    Quarterly return on assets: 1.38% ($3.0 mil)
    Return on Equity (ROE): 12.84% ($3.0 mil)
    Quarterly return on equity: 12.99% ($3.0 mil)
    Net income: $2.8 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.33% ($2,891.4 mil)
    Quarterly Pretax return on assets: 1.40% ($3,043.5 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
  • 48Total employees (full-time equivalent)
  • $217,395Total assets
  • $5,800Cash and due from depository institutions
  • $433Interest-bearing balances
  • $66,459Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $131,788Net loans & leases
  • $1,897Loan loss allowance
  • $0Trading account assets
  • $4,894Bank premises and fixed assets
  • $1,688Other real estate owned
  • $2,321Goodwill and other intangibles
  • $217,395Life insurance assets
  • $4,445All other assets
  • $194,428Total liabilities and capital
  • $186,971Total liabilities
  • $162,804Total deposits
  • $186,971Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 6430.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,027Subordinated debt
  • $22,967All other liabilities
  • $22,967Total equity capital
  • $22,967Total bank equity capital
  • $0Perpetual preferred stock
  • $450Common stock
  • $3,550Surplus
  • $18,967Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,112Income earned, not collected on loans
  • $0Earning assets
  • $1,765Long-term assets (5+ years)
  • $198,680Average Assets, year-to-date
  • $51,750Average Assets, quarterly
  • $210,328Volatile liabilities
  • $213,893Insider loans
  • $150,832FHLB advances
  • $212,199Loans and leases held for sale
  • $1,425Unused loan commitments
  • $1,163Tier 1 (core) risk-based capital
  • $19,390Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $262Total unused commitments
  • $24,346Restructured Loans and leases
  • $3,308Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,729Total interest income
  • $2,424Total interest expense
  • $7,305Net interest income
  • $600Provision for loan and lease losses
  • $1,015Total noninterest income
  • $139Fiduciary activities
  • $237Service charges on deposit accounts
  • $0Trading account gains & fees
  • $639Additional noninterest income
  • $4,961Total noninterest expense
  • $2,881Salaries and employee benefits
  • $478Premises and equipment expense
  • $1,602Additional noninterest expense
  • $2,759Pre-tax net operating income
  • $46Securities gains (losses)
  • $35Applicable income taxes
  • $2,770Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,770Net income attributable to bank
  • $0Net charge-offs
  • $2,770Cash dividends
  • $404Sale, conversion, retirement of capital stock, net
  • $1,028Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.56%Noninterest expense to earning assets
  • 1.30%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 12.84%Return on equity (ROE)
  • 8.08%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 148.51%Credit loss provision to net charge-offs
  • 8.31%Efficiency ratio
  • 59,627Assets per employee
  • 4.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.11%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 170.59%Noncurrent assets plus other real estate owned to assets
  • 1.29%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 70.49%Net loans and leases to core deposits
  • 74.50%Equity capital to assets
  • 10.56%Core capital (leverage) ratio
  • 9.14%Tier 1 risk-based capital ratio
  • 12.86%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $210,328Average earning assets
  • $21,565Average equity
  • $194,080Average 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
  • $30,858Managed Assets
  • 1Number of Accounts
  • $25,001Personal trust and agency accounts
  • $14,504Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $779Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $9,437Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $281Non-managed Assets
  • 452Number of Accounts
  • $0Personal trust and agency accounts
  • $779Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,857Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $4,956Fiduciary accounts held in foreign offices

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06701Citizens State Bank102 West Main Street, Lena, IL 61048January 01, 1880Full Service Brick and Mortar
    22342Front Street Branch133 West Front Avenue, Stockton, IL 61085June 01, 1933Full Service Brick and Mortar
    3483216Freeport Branch1525 South Forest Road, Freeport, IL 61032December 01, 2008Full Service Brick and Mortar

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