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

Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 16934
    Status: Active
    Federal Reserve ID: 317650
    Bank Holding Company (Regulatory Top Holder): Ganado Bancshares, Inc. (RSSDID: 1133222, Location: Ganado, TX)
    Date Established: January 01, 1908
    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 #: 11016
    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: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 29, 1950
    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: 201 South Third Street, Ganado, TX 77962
    County: Jackson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    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: $60.6 mil
    Equity capital: $5.0 mil
    Deposits held in domestic offices: $54.7 mil
    Return on assets (ROA): 0.82% ($0.5 mil)
    Quarterly return on assets: 0.81% ($0.5 mil)
    Return on Equity (ROE): 10.39% ($0.5 mil)
    Quarterly return on equity: 9.73% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.23% ($745.8 mil)
    Quarterly Pretax return on assets: 1.21% ($733.7 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
  • 13Total employees (full-time equivalent)
  • $60,636Total assets
  • $1,792Cash and due from depository institutions
  • $243Interest-bearing balances
  • $44,449Securities
  • $5,980Federal funds sold & reverse repurchase agreements
  • $6,223Net loans & leases
  • $136Loan loss allowance
  • $0Trading account assets
  • $1,813Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $60,636Life insurance assets
  • $379All other assets
  • $55,684Total liabilities and capital
  • $54,745Total liabilities
  • $37,779Total deposits
  • $54,745Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $939Subordinated debt
  • $4,952All other liabilities
  • $4,952Total equity capital
  • $4,952Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $1,801Surplus
  • $2,751Undivided 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
  • $179Long-term assets (5+ years)
  • $56,895Average Assets, year-to-date
  • $34,247Average Assets, quarterly
  • $59,804Volatile liabilities
  • $60,361Insider loans
  • $13,065FHLB advances
  • $58,770Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,127Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $260Restructured Loans and leases
  • $368Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,850Total interest income
  • $315Total interest expense
  • $1,535Net interest income
  • $0Provision for loan and lease losses
  • $565Total noninterest income
  • $0Fiduciary activities
  • $126Service charges on deposit accounts
  • $0Trading account gains & fees
  • $439Additional noninterest income
  • $1,541Total noninterest expense
  • $563Salaries and employee benefits
  • $327Premises and equipment expense
  • $651Additional noninterest expense
  • $559Pre-tax net operating income
  • $178Securities gains (losses)
  • $244Applicable income taxes
  • $493Income before extraordinary items
  • $0Extraordinary gains - net
  • $493Net income attributable to bank
  • $0Net charge-offs
  • $493Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $70Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.27%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 2.71%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 2.72%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 10.39%Return on equity (ROE)
  • 8.92%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 73,381Assets per employee
  • 4.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.20%Loss allowance to loans
  • 2.14%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 11.37%Net loans and leases to core deposits
  • 11.70%Equity capital to assets
  • 8.17%Core capital (leverage) ratio
  • 7.02%Tier 1 risk-based capital ratio
  • 31.59%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $59,804Average earning assets
  • $4,743Average equity
  • $56,607Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011016Citizens State Bank201 South Third Street, Ganado, TX 77962January 01, 1908Full Service Brick and Mortar
    1239558Edna Branch701 North Wells Street, Edna, TX 77957June 04, 1987Full Service Brick and Mortar

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