Citizens State Bank in Jasper, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 20100
    Status: Active
    Federal Reserve ID: 989730
    Bank Holding Company (Regulatory Top Holder): General Bancshares, Inc. (RSSDID: 1139514, Location: Jasper, TN)
    Date Established: January 02, 1970
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 13809
    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: January 02, 1970
    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: 4564 Main Street, Jasper, TN 37347
    County: Marion
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Chattanooga, TN-GA (#1560)
    Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
    Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
    CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $67.8 mil
    Equity capital: $5.3 mil
    Deposits held in domestic offices: $59.7 mil
    Return on assets (ROA): 0.69% ($0.5 mil)
    Quarterly return on assets: 0.93% ($0.6 mil)
    Return on Equity (ROE): 8.80% ($0.4 mil)
    Quarterly return on equity: 11.69% ($0.6 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.69% ($467.8 mil)
    Quarterly Pretax return on assets: 0.93% ($630.5 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
  • 39Total employees (full-time equivalent)
  • $67,795Total assets
  • $5,234Cash and due from depository institutions
  • $1,572Interest-bearing balances
  • $5,121Securities
  • $290Federal funds sold & reverse repurchase agreements
  • $49,968Net loans & leases
  • $414Loan loss allowance
  • $0Trading account assets
  • $4,094Bank premises and fixed assets
  • $428Other real estate owned
  • $0Goodwill and other intangibles
  • $67,795Life insurance assets
  • $2,660All other assets
  • $62,446Total liabilities and capital
  • $59,727Total liabilities
  • $48,042Total deposits
  • $59,727Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,481Trading liabilities
  • $0Other borrowed funds
  • $238Subordinated debt
  • $5,349All other liabilities
  • $5,349Total equity capital
  • $5,349Total bank equity capital
  • $0Perpetual preferred stock
  • $330Common stock
  • $330Surplus
  • $4,689Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $631Income earned, not collected on loans
  • $0Earning assets
  • $322Long-term assets (5+ years)
  • $56,951Average Assets, year-to-date
  • $11,472Average Assets, quarterly
  • $67,072Volatile liabilities
  • $66,857Insider loans
  • $50,948FHLB advances
  • $67,062Loans and leases held for sale
  • $1,491Unused loan commitments
  • $1,491Tier 1 (core) risk-based capital
  • $5,337Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,114Restructured Loans and leases
  • $1,149Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,908Total interest income
  • $603Total interest expense
  • $3,305Net interest income
  • $109Provision for loan and lease losses
  • $1,158Total noninterest income
  • $0Fiduciary activities
  • $826Service charges on deposit accounts
  • $0Trading account gains & fees
  • $332Additional noninterest income
  • $3,926Total noninterest expense
  • $2,029Salaries and employee benefits
  • $443Premises and equipment expense
  • $1,454Additional noninterest expense
  • $428Pre-tax net operating income
  • $33Securities gains (losses)
  • $0Applicable income taxes
  • $461Income before extraordinary items
  • $0Extraordinary gains - net
  • $461Net income attributable to bank
  • $0Net charge-offs
  • $461Cash dividends
  • $95Sale, conversion, retirement of capital stock, net
  • $370Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.80%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 5.75%Net interest margin
  • 2.02%Noninterest income to earning assets
  • 6.83%Noninterest expense to earning assets
  • 0.64%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 8.80%Return on equity (ROE)
  • 1.74%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 114.74%Credit loss provision to net charge-offs
  • 5.65%Efficiency ratio
  • 87,968Assets per employee
  • 1.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.26%Loss allowance to loans
  • 0.82%Loss allowance to noncurrent loans
  • 65.61%Noncurrent assets plus other real estate owned to assets
  • 1.56%Noncurrent loans to loans
  • 1.25%Net loans and leases to deposits
  • 83.66%Net loans and leases to core deposits
  • 94.93%Equity capital to assets
  • 7.89%Core capital (leverage) ratio
  • 7.96%Tier 1 risk-based capital ratio
  • 10.48%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $67,072Average earning assets
  • $5,238Average equity
  • $57,442Average loans

List of branches

  • 7 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013809Citizens State Bank4564 Main Street, Jasper, TN 37347January 02, 1970Full Service Brick and Mortar
    2250293Cedar Avenue Branch404 Cedar Avenue, South Pittsburg, TN 37380September 25, 1987Full Service Brick and Mortar
    3250294Kimball Branch865 Main Street, Kimball, TN 37347January 02, 1997Full Service Brick and Mortar
    4366099Monteagle Branch209b West Main Street, Monteagle, TN 37356December 07, 2002Full Service Brick and Mortar
    5366100Highway 41 Branch102b Highway 41, Tracy City, TN 37387December 07, 2002Full Service Brick and Mortar
    6418934Whitwell Branch12500 Highway 28, Whitwell, TN 37397April 21, 2003Full Service Brick and Mortar
    7479849Coalmont-Junction Branch9933 State Highway 56, Coalmont, TN 37313January 14, 2008Full Service Brick and Mortar

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