Citizens State Bank in Perry, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Citizens State Bank in Perry, Florida (FL)
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Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 17880
    Status: Active
    Federal Reserve ID: 398631
    Bank Holding Company (Regulatory Top Holder): Perry Banking Company, Inc. (RSSDID: 2520584, Location: Perry, FL)
    Date Established: July 07, 1958
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 11819
    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: July 07, 1958
    Last Structure Change Effective Date: May 01, 2007
    Last Structure Change Process Date: May 01, 2007
    Last Data Update: May 01, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 2000 South Byron Butler Parkway, Perry, FL 32348
    County: Taylor
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $101.4 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $91.1 mil
    Return on assets (ROA): 0.55% ($0.6 mil)
    Quarterly return on assets: 0.63% ($0.6 mil)
    Return on Equity (ROE): 5.64% ($0.6 mil)
    Quarterly return on equity: 6.36% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.55% ($557.6 mil)
    Quarterly Pretax return on assets: 0.63% ($638.7 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
  • 40Total employees (full-time equivalent)
  • $101,380Total assets
  • $5,471Cash and due from depository institutions
  • $3,722Interest-bearing balances
  • $11,711Securities
  • $3,489Federal funds sold & reverse repurchase agreements
  • $71,325Net loans & leases
  • $900Loan loss allowance
  • $0Trading account assets
  • $6,001Bank premises and fixed assets
  • $2,207Other real estate owned
  • $0Goodwill and other intangibles
  • $101,380Life insurance assets
  • $1,176All other assets
  • $91,257Total liabilities and capital
  • $91,078Total liabilities
  • $75,908Total deposits
  • $91,078Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $65Trading liabilities
  • $0Other borrowed funds
  • $114Subordinated debt
  • $10,123All other liabilities
  • $10,123Total equity capital
  • $10,123Total bank equity capital
  • $0Perpetual preferred stock
  • $173Common stock
  • $6,817Surplus
  • $3,133Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,629Income earned, not collected on loans
  • $0Earning assets
  • $415Long-term assets (5+ years)
  • $90,247Average Assets, year-to-date
  • $40,779Average Assets, quarterly
  • $101,122Volatile liabilities
  • $101,516Insider loans
  • $74,823FHLB advances
  • $102,123Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,805Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,598Restructured Loans and leases
  • $434Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,778Total interest income
  • $1,065Total interest expense
  • $4,713Net interest income
  • $80Provision for loan and lease losses
  • $5Total noninterest income
  • $0Fiduciary activities
  • $396Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$391Additional noninterest income
  • $4,085Total noninterest expense
  • $1,819Salaries and employee benefits
  • $750Premises and equipment expense
  • $1,516Additional noninterest expense
  • $553Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $553Income before extraordinary items
  • $0Extraordinary gains - net
  • $553Net income attributable to bank
  • $0Net charge-offs
  • $553Cash dividends
  • $1,083Sale, conversion, retirement of capital stock, net
  • $285Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.39%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 5.21%Net interest margin
  • 0.01%Noninterest income to earning assets
  • 4.52%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 5.64%Return on equity (ROE)
  • 2.73%Retained earnings to average equity (YTD only)
  • 1.48%Net charge-offs to loans
  • 7.39%Credit loss provision to net charge-offs
  • 0.58%Efficiency ratio
  • 86,583Assets per employee
  • 2.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.54%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 34.23%Noncurrent assets plus other real estate owned to assets
  • 4.77%Noncurrent loans to loans
  • 3.64%Net loans and leases to deposits
  • 78.31%Net loans and leases to core deposits
  • 83.49%Equity capital to assets
  • 9.99%Core capital (leverage) ratio
  • 9.60%Tier 1 risk-based capital ratio
  • 13.10%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $101,122Average earning assets
  • $9,812Average equity
  • $90,411Average loans

List of branches

  • 3 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011819Citizens State Bank2000 South Byron Butler Parkway, Perry, FL 32348July 07, 1958Full Service Brick and Mortar
    1243085Steinhatchee Branch913 First Avenue, Southeast, Steinhatchee, FL 32359September 05, 1978Full Service Brick and Mortar
    3473721Madison Branch424 West Base Street, Madison, FL 32340March 31, 2008Full Service Brick and Mortar

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