Citizens State Bank of New Castle, Indiana in New Castle, Indiana (IN)



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Citizens State Bank of New Castle, Indiana routing number info

Table of contents:
Citizens State Bank of New Castle, Indiana
GeneralFDIC Certificate #: 13107
Status: Active
Federal Reserve ID: 1000641
Bank Holding Company (Regulatory Top Holder): Town Financial Corporation (RSSDID: 1200405, Location: Hartford City, IN)
Date Established: July 03, 1873
WWW: http://www.csb-nc.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 11537
FDIC's unique #: 8290
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
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
LocationAddress: 1238 Broad Street, New Castle, IN 47362
County: Henry
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Indianapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
Core Based Statistical Area (CBSA): New Castle, IN (#35220)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $259.3 mil
Equity capital: $25.4 mil
Deposits held in domestic offices: $232.0 mil
Return on assets (ROA): 0.35% ($0.9 mil)
Quarterly return on assets: 0.71% ($1.8 mil)
Return on Equity (ROE): 3.59% ($0.9 mil)
Quarterly return on equity: 7.36% ($1.8 mil)
Net income: $0.9 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 0.36% ($933.5 mil)
Quarterly Pretax return on assets: 0.93% ($2,411.6 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)79
Total assets$259,311
Cash and due from depository institutions$13,802
Interest-bearing balances$8,176
Securities$117,016
Federal funds sold & reverse repurchase agreements$1,023
Net loans & leases$112,890
Loan loss allowance $3,286
Trading account assets$0
Bank premises and fixed assets$2,336
Other real estate owned$601
Goodwill and other intangibles$0
All other assets$11,643
Life insurance assets$259,311
Total liabilities and capital$233,885
Total liabilities$231,962
Total deposits$221,792
Interest-bearing deposits$231,962
Deposits held in domestic offices$80
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,017
Other borrowed funds $0
Subordinated debt $906
All other liabilities $25,426
Total equity capital$25,426
Total bank equity capital$25,426
Perpetual preferred stock$0
Common stock$1,800
Surplus$3,000
Undivided profits $20,626
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $60
Income earned, not collected on loans $3,017
Earning assets $0
Long-term assets (5+ years) $1,218
Average Assets, year-to-date $239,105
Average Assets, quarterly $117,931
Volatile liabilities $253,742
Insider loans $258,847
FHLB advances $137,507
Loans and leases held for sale $264,574
Unused loan commitments $7,800
Tier 1 (core) risk-based capital $7,800
Tier 2 risk-based capital $23,797
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $21,787
Derivatives$1,169
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $10,221
Total interest expense $1,164
Net interest income $9,057
Provision for loan and lease losses $2,673
Total noninterest income $2,656
Fiduciary activities $195
Service charges on deposit accounts $1,375
Trading account gains & fees $0
Additional noninterest income $1,086
Total noninterest expense $8,213
Salaries and employee benefits $4,167
Premises and equipment expense $909
Additional noninterest expense $3,137
Pre-tax net operating income $827
Securities gains (losses) $75
Applicable income taxes $17
Income before extraordinary items $885
Extraordinary gains - net $0
Net income attributable to bank $885
Net charge-offs $0
Cash dividends $885
Sale, conversion, retirement of capital stock, net $3,454
Net operating income $1,386
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.40%
Cost of funding earning assets 0.50%
Net interest margin 3.90%
Noninterest income to earning assets 1.14%
Noninterest expense to earning assets 3.54%
Net operating income to assets 0.32%
Return on assets (ROA) 0.35%
Pretax return on assets 0.36%
Return on equity (ROE) 3.59%
Retained earnings to average equity (YTD only) -2.03%
Net charge-offs to loans 2.89%
Credit loss provision to net charge-offs 77.39%
Efficiency ratio1.01%
Assets per employee$70,119
Cash dividends to net income (YTD only)3.28%
Condition Ratios (%)
Loss allowance to loans 156.61%
Loss allowance to noncurrent loans 2.83%
Noncurrent assets plus other real estate owned to assets 108.92%
Noncurrent loans to loans 1.40%
Net loans and leases to deposits2.60%
Net loans and leases to core deposits 48.67%
Equity capital to assets 52.47%
Core capital (leverage) ratio 9.81%
Tier 1 risk-based capital ratio 8.99%
Total risk-based capital ratio 17.31%
Memoranda
Average assets$19
Average earning assets$253,742
Average equity $24,649
Average loans $232,076
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$47,338
Number of Accounts1
Personal trust and agency accounts$33,490
Employee benefit-defined contribution accounts$17,514
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$12,713
Other fiduciary accounts$3,210
Fiduciary accounts held in foreign offices$0
Non-managed Assets$53
Number of Accounts207
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$13,848
Corporate trust and agency accounts$2,436
Other fiduciary accounts$457
Fiduciary accounts held in foreign offices$5,326
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9 Indiana Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08290Citizens State Bank Of New Castle, Indiana1238 Broad Street, New Castle, IN 47362July 03, 1873Full Service Brick and Mortar
1229116Lewisville Branch118 W Main Street, Lewisville, IN 47352August 01, 1933Full Service Brick and Mortar
3229118Spiceland Branch121 E Main Street, Spiceland, IN 47385January 01, 1935Full Service Brick and Mortar
4229119Raintree Branch1726 South Memorial Drive, New Castle, IN 47362June 16, 1967Full Service Brick and Mortar
6229121Drive-In Branch1302 Broad Street, New Castle, IN 47362April 23, 1973Limited Service Facility
8229123Trojan Plaza120-D South Memorial Drive, New Castle, IN 47362April 19, 1982Full Service Brick and Mortar
10229125Rushville Branch1802 North Main Street, Rushville, IN 46173November 07, 1988Full Service Brick and Mortar
11229126Knightstown Branch475 North Mccullum Street, Knightstown, IN 46148January 04, 1990Full Service Brick and Mortar
13477883Pendleton Branch129 South Pendleton Avenue, Pendleton, IN 46064July 03, 2008Full Service Brick and Mortar
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