Citizens State Bank in Morrison, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens State Bank - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Change in Location
  • Financial Summary
  • Total 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
  • 21Total employees (full-time equivalent)
  • $73,315Total assets
  • $2,082Cash and due from depository institutions
  • $0Interest-bearing balances
  • $18,084Securities
  • $1,811Federal funds sold & reverse repurchase agreements
  • $48,323Net loans & leases
  • $527Loan loss allowance
  • $0Trading account assets
  • $1,524Bank premises and fixed assets
  • $128Other real estate owned
  • $0Goodwill and other intangibles
  • $73,315Life insurance assets
  • $1,363All other assets
  • $65,926Total liabilities and capital
  • $65,334Total liabilities
  • $50,962Total deposits
  • $65,334Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $92Subordinated debt
  • $7,389All other liabilities
  • $7,389Total equity capital
  • $7,389Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $2,350Surplus
  • $4,889Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,884Income earned, not collected on loans
  • $0Earning assets
  • $475Long-term assets (5+ years)
  • $68,218Average Assets, year-to-date
  • $23,613Average Assets, quarterly
  • $75,049Volatile liabilities
  • $74,131Insider loans
  • $47,406FHLB advances
  • $73,286Loans and leases held for sale
  • $270Unused loan commitments
  • $270Tier 1 (core) risk-based capital
  • $6,631Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,992Restructured Loans and leases
  • $2,018Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,132Total interest income
  • $736Total interest expense
  • $3,396Net interest income
  • $702Provision for loan and lease losses
  • $403Total noninterest income
  • $0Fiduciary activities
  • $278Service charges on deposit accounts
  • $0Trading account gains & fees
  • $125Additional noninterest income
  • $2,684Total noninterest expense
  • $1,155Salaries and employee benefits
  • $573Premises and equipment expense
  • $956Additional noninterest expense
  • $413Pre-tax net operating income
  • $59Securities gains (losses)
  • $0Applicable income taxes
  • $472Income before extraordinary items
  • $0Extraordinary gains - net
  • $472Net income attributable to bank
  • $0Net charge-offs
  • $472Cash dividends
  • $687Sale, conversion, retirement of capital stock, net
  • $550Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.89%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.84%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 3.83%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 6.70%Return on equity (ROE)
  • -1.11%Retained earnings to average equity (YTD only)
  • 1.29%Net charge-offs to loans
  • 102.18%Credit loss provision to net charge-offs
  • 1.62%Efficiency ratio
  • 70,650Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 116.53%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 27.97%Noncurrent assets plus other real estate owned to assets
  • 2.74%Noncurrent loans to loans
  • 3.86%Net loans and leases to deposits
  • 73.96%Net loans and leases to core deposits
  • 84.24%Equity capital to assets
  • 10.08%Core capital (leverage) ratio
  • 9.05%Tier 1 risk-based capital ratio
  • 13.99%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $75,049Average earning assets
  • $7,046Average equity
  • $70,158Average loans

List of branches

  • 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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