Citizens State Bank in Miles, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 15519
    Status: Active
    Federal Reserve ID: 296755
    Bank Holding Company (Regulatory Top Holder): Csb Financial Corporation (RSSDID: 3647572, Location: Miles, TX)
    Date Established: August 02, 1937
    WWW: http://www.citizensstatebk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 9817
    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: August 02, 1937
    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: 111 South Robinson, Miles, TX 76861
    County: Runnels
    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: $80.1 mil
    Equity capital: $7.2 mil
    Deposits held in domestic offices: $72.8 mil
    Return on assets (ROA): 2.05% ($1.6 mil)
    Quarterly return on assets: 1.84% ($1.5 mil)
    Return on Equity (ROE): 24.57% ($1.7 mil)
    Quarterly return on equity: 21.07% ($1.5 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 2.05% ($1,642.6 mil)
    Quarterly Pretax return on assets: 1.84% ($1,474.3 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
  • 19Total employees (full-time equivalent)
  • $80,127Total assets
  • $21,647Cash and due from depository institutions
  • $20,544Interest-bearing balances
  • $1,989Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $53,440Net loans & leases
  • $714Loan loss allowance
  • $0Trading account assets
  • $1,628Bank premises and fixed assets
  • $515Other real estate owned
  • $0Goodwill and other intangibles
  • $80,127Life insurance assets
  • $908All other assets
  • $72,880Total liabilities and capital
  • $72,798Total liabilities
  • $57,054Total deposits
  • $72,798Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $82Subordinated debt
  • $7,247All other liabilities
  • $7,247Total equity capital
  • $7,247Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $1,900Surplus
  • $4,847Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $23Income earned, not collected on loans
  • $0Earning assets
  • $435Long-term assets (5+ years)
  • $75,973Average Assets, year-to-date
  • $21,641Average Assets, quarterly
  • $81,429Volatile liabilities
  • $82,035Insider loans
  • $53,391FHLB advances
  • $82,366Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,114Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,305Restructured Loans and leases
  • $557Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,099Total interest income
  • $551Total interest expense
  • $3,548Net interest income
  • $240Provision for loan and lease losses
  • $509Total noninterest income
  • $0Fiduciary activities
  • $194Service charges on deposit accounts
  • $0Trading account gains & fees
  • $315Additional noninterest income
  • $2,149Total noninterest expense
  • $1,066Salaries and employee benefits
  • $201Premises and equipment expense
  • $882Additional noninterest expense
  • $1,668Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,668Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,668Net income attributable to bank
  • $0Net charge-offs
  • $1,668Cash dividends
  • $174Sale, conversion, retirement of capital stock, net
  • $657Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.49%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.75%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 2.05%Net operating income to assets
  • 2.05%Return on assets (ROA)
  • 2.05%Pretax return on assets
  • 24.57%Return on equity (ROE)
  • 14.89%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 137.93%Credit loss provision to net charge-offs
  • 10.97%Efficiency ratio
  • 52,970Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.39%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 3104.35%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 73.41%Net loans and leases to core deposits
  • 79.18%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.64%Tier 1 risk-based capital ratio
  • 13.32%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $81,429Average earning assets
  • $6,790Average equity
  • $74,659Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09817Citizens State Bank111 South Robinson, Miles, TX 76861August 02, 1937Full Service Brick and Mortar
    1340853329 West Harris Branch329 West Harris, San Angelo, TX 76903August 16, 1999Full Service Brick and Mortar

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Citizens State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents