Citizens Trust Company in Coudersport, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 2007

  • Citizens Trust Company in Coudersport, Pennsylvania (PA)
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Citizens Trust Company - Overview

  • General
  • FDIC Certificate #: 11871
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens & Northern Bank (#7799)
    Federal Reserve ID: 343314
    Date Established: June 06, 1903
    WWW: http://www.citizenstrustcompany.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 13052
    FDIC's unique #: 7585
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 01, 2007
    Last Structure Change Process Date: June 06, 2007
    Last Data Update: June 06, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 North Main Street, Coudersport, PA 16915
    County: Potter
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
  • Financial Summary
  • Total assets: $143.8 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, 2006)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $144,144Total assets
  • $12,238Cash and due from depository institutions
  • $9,532Interest-bearing balances
  • $61,363Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $60,444Net loans & leases
  • $587Loan loss allowance
  • $0Trading account assets
  • $2,587Bank premises and fixed assets
  • $180Other real estate owned
  • $0Goodwill and other intangibles
  • $4,378Life insurance assets
  • $7,332All other assets
  • $144,144Total liabilities and capital
  • $125,723Total liabilities
  • $101,137Total deposits
  • $89,263Interest-bearing deposits
  • $101,137Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,073Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $23,000Other borrowed funds
  • $0Subordinated debt
  • $513All other liabilities
  • $18,421Total equity capital
  • $18,421Total bank equity capital
  • $18,421Perpetual preferred stock
  • $0Common stock
  • $381Surplus
  • $1,549Undivided profits
  • Memoranda
  • $16,491Noncurrent loans and leases
  • $7,119Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $135Earning assets
  • $0Long-term assets (5+ years)
  • $745Average Assets, year-to-date
  • $131,339Average Assets, quarterly
  • $47,449Volatile liabilities
  • $142,193Insider loans
  • $143,282FHLB advances
  • $9,270Loans and leases held for sale
  • $1,964Unused loan commitments
  • $23,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,119Total unused commitments
  • $0Restructured Loans and leases
  • $587Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $7,714Total interest income
  • $4,115Total interest expense
  • $3,599Net interest income
  • $6Provision for loan and lease losses
  • $1,569Total noninterest income
  • $631Fiduciary activities
  • $576Service charges on deposit accounts
  • $0Trading account gains & fees
  • $362Additional noninterest income
  • $3,466Total noninterest expense
  • $1,789Salaries and employee benefits
  • $695Premises and equipment expense
  • $982Additional noninterest expense
  • $1,696Pre-tax net operating income
  • $0Securities gains (losses)
  • $249Applicable income taxes
  • $1,447Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,447Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $836Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.97%Yield on earning assets
  • 3.19%Cost of funding earning assets
  • 2.79%Net interest margin
  • 1.22%Noninterest income to earning assets
  • 2.68%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 8.15%Return on equity (ROE)
  • 3.44%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 16.67%Credit loss provision to net charge-offs
  • 47.28%Efficiency ratio
  • 67,067Assets per employee
  • 3.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.77%Loss allowance to loans
  • 0.96%Loss allowance to noncurrent loans
  • 434.81%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 59.76%Net loans and leases to core deposits
  • 64.34%Equity capital to assets
  • 12.78%Core capital (leverage) ratio
  • 12.96%Tier 1 risk-based capital ratio
  • 28.11%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $142,193Average earning assets
  • $17,749Average equity
  • $129,130Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $96,698Managed Assets
  • 1Number of Accounts
  • $95,857Personal trust and agency accounts
  • $37,203Employee benefit-defined contribution accounts
  • $13,581Employee benefit-defined benefit accounts
  • $5,150Other retirement accounts
  • $18,009Corporate trust and agency accounts
  • $2,924Investment management agency accounts
  • $18,990Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 326Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $841Other retirement accounts
  • $0Corporate trust and agency accounts
  • $841Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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