Citizens State Bank in Morrison, Oklahoma (OK)



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Citizens State Bank routing number info

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Citizens State Bank
GeneralFDIC Certificate #: 2330
Status: Active
Federal Reserve ID: 843159
Bank Holding Company (Regulatory Top Holder): Citizens State Bancorp., Inc. (RSSDID: 1064371, Location: Morrison, OK)
Date Established: January 01, 1903
WWW: http://www.citizensstatebank.net
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 #: 1545
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 01, 1934
Last Structure Change Effective Date: June 01, 2010
Last Structure Change Process Date: June 01, 2010
Last Data Update: June 01, 2010
Data Source Date: April 05, 2012
LocationAddress: 301 Woolsey Avenue, Morrison, OK 73061
County: Noble
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of ChangesChange in Location
Financial SummaryTotal assets: $73.3 mil
Equity capital: $7.4 mil
Deposits held in domestic offices: $65.3 mil
Return on assets (ROA): 0.63% ($0.5 mil)
Quarterly return on assets: 1.31% ($1.0 mil)
Return on Equity (ROE): 6.70% ($0.5 mil)
Quarterly return on equity: 13.22% ($0.9 mil)
Net income: $0.5 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.63% ($461.9 mil)
Quarterly Pretax return on assets: 1.31% ($960.4 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)
Total employees (full-time equivalent)21
Total assets$73,315
Cash and due from depository institutions$2,082
Interest-bearing balances$0
Securities$18,084
Federal funds sold & reverse repurchase agreements$1,811
Net loans & leases$48,323
Loan loss allowance $527
Trading account assets$0
Bank premises and fixed assets$1,524
Other real estate owned$128
Goodwill and other intangibles$0
All other assets$1,363
Life insurance assets$73,315
Total liabilities and capital$65,926
Total liabilities$65,334
Total deposits$50,962
Interest-bearing deposits$65,334
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$500
Other borrowed funds $0
Subordinated debt $92
All other liabilities $7,389
Total equity capital$7,389
Total bank equity capital$7,389
Perpetual preferred stock$0
Common stock$150
Surplus$2,350
Undivided profits $4,889
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,884
Earning assets $0
Long-term assets (5+ years) $475
Average Assets, year-to-date $68,218
Average Assets, quarterly $23,613
Volatile liabilities $75,049
Insider loans $74,131
FHLB advances $47,406
Loans and leases held for sale $73,286
Unused loan commitments $270
Tier 1 (core) risk-based capital $270
Tier 2 risk-based capital $6,631
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,992
Derivatives$2,018
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,132
Total interest expense $736
Net interest income $3,396
Provision for loan and lease losses $702
Total noninterest income $403
Fiduciary activities $0
Service charges on deposit accounts $278
Trading account gains & fees $0
Additional noninterest income $125
Total noninterest expense $2,684
Salaries and employee benefits $1,155
Premises and equipment expense $573
Additional noninterest expense $956
Pre-tax net operating income $413
Securities gains (losses) $59
Applicable income taxes $0
Income before extraordinary items $472
Extraordinary gains - net $0
Net income attributable to bank $472
Net charge-offs $0
Cash dividends $472
Sale, conversion, retirement of capital stock, net $687
Net operating income $550
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.89%
Cost of funding earning assets 1.05%
Net interest margin 4.84%
Noninterest income to earning assets 0.57%
Noninterest expense to earning assets 3.83%
Net operating income to assets 0.55%
Return on assets (ROA) 0.63%
Pretax return on assets 0.63%
Return on equity (ROE) 6.70%
Retained earnings to average equity (YTD only) -1.11%
Net charge-offs to loans 1.29%
Credit loss provision to net charge-offs 102.18%
Efficiency ratio1.62%
Assets per employee$70,650
Cash dividends to net income (YTD only)3.49%
Condition Ratios (%)
Loss allowance to loans 116.53%
Loss allowance to noncurrent loans 1.08%
Noncurrent assets plus other real estate owned to assets 27.97%
Noncurrent loans to loans 2.74%
Net loans and leases to deposits3.86%
Net loans and leases to core deposits 73.96%
Equity capital to assets 84.24%
Core capital (leverage) ratio 10.08%
Tier 1 risk-based capital ratio 9.05%
Total risk-based capital ratio 13.99%
Memoranda
Average assets$15
Average earning assets$75,049
Average equity $7,046
Average loans $70,158
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3 Oklahoma Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01545Citizens State Bank301 Woolsey Avenue, Morrison, OK 73061January 01, 1903Full Service Brick and Mortar
1365752Stillwater Branch4611 West Sixth Avenue, Stillwater, OK 74074October 28, 2002Full Service Brick and Mortar
2510442Stillwater East Branch525 S Jardot, Stillwater, OK 74074May 24, 2010Full Service Brick and Mortar
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