First Citizens Bank in Glennville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Citizens Bank in Glennville, Georgia (GA)
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First Citizens Bank - Overview

  • General
  • FDIC Certificate #: 15926
    Status: Active
    Federal Reserve ID: 376433
    Bank Holding Company (Regulatory Top Holder): Citizens Investors, Llc (RSSDID: 3813443, Location: Savannah, GA)
    Date Established: July 01, 1937
    WWW: http://www.firstcitizens.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)
    OTS Docket #: 13310
    FDIC's unique #: 10158
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 04, 1943
    Last Structure Change Effective Date: October 01, 2009
    Last Structure Change Process Date: March 31, 2011
    Last Data Update: March 31, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 205 South Veterans Blvd, Glennville, GA 30427
    County: Tattnall
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $99.0 mil
    Equity capital: $10.0 mil
    Deposits held in domestic offices: $87.8 mil
    Return on assets (ROA): -5.08% (-$5.0 mil)
    Quarterly return on assets: -14.31% (-$14.2 mil)
    Return on Equity (ROE): -50.45% (-$5.0 mil)
    Quarterly return on equity: -142.94% (-$14.3 mil)
    Net income: -$5.5 mil
    Quarterly Net income: -$3.6 mil
    Pretax return on assets: -5.08% (-$5,031.4 mil)
    Quarterly Pretax return on assets: -14.31% (-$14,173.2 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
  • 29Total employees (full-time equivalent)
  • $99,044Total assets
  • $10,682Cash and due from depository institutions
  • $8,576Interest-bearing balances
  • $17,850Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $58,318Net loans & leases
  • $1,291Loan loss allowance
  • $0Trading account assets
  • $5,286Bank premises and fixed assets
  • $832Other real estate owned
  • $0Goodwill and other intangibles
  • $99,044Life insurance assets
  • $6,076All other assets
  • $89,064Total liabilities and capital
  • $87,807Total liabilities
  • $76,854Total deposits
  • $87,807Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,257Subordinated debt
  • $9,980All other liabilities
  • $9,980Total equity capital
  • $9,980Total bank equity capital
  • $0Perpetual preferred stock
  • $203Common stock
  • $16,434Surplus
  • $-6,657Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $292Income earned, not collected on loans
  • $0Earning assets
  • $460Long-term assets (5+ years)
  • $84,744Average Assets, year-to-date
  • $13,888Average Assets, quarterly
  • $108,135Volatile liabilities
  • $100,969Insider loans
  • $67,758FHLB advances
  • $98,543Loans and leases held for sale
  • $2,805Unused loan commitments
  • $133Tier 1 (core) risk-based capital
  • $8,072Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,672Total unused commitments
  • $1,858Restructured Loans and leases
  • $3,062Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,545Total interest income
  • $1,329Total interest expense
  • $3,216Net interest income
  • $2,597Provision for loan and lease losses
  • -$1,853Total noninterest income
  • $0Fiduciary activities
  • $632Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,485Additional noninterest income
  • $4,294Total noninterest expense
  • $2,024Salaries and employee benefits
  • $546Premises and equipment expense
  • $1,724Additional noninterest expense
  • -$5,528Pre-tax net operating income
  • $31Securities gains (losses)
  • $0Applicable income taxes
  • -$5,497Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,497Net income attributable to bank
  • $0Net charge-offs
  • -$5,497Cash dividends
  • $2,842Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.46%Cost of funding earning assets
  • 3.54%Net interest margin
  • -2.04%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • -5.11%Net operating income to assets
  • -5.08%Return on assets (ROA)
  • -5.08%Pretax return on assets
  • -50.45%Return on equity (ROE)
  • -50.45%Retained earnings to average equity (YTD only)
  • 4.40%Net charge-offs to loans
  • 91.38%Credit loss provision to net charge-offs
  • -1.03%Efficiency ratio
  • 315,040Assets per employee
  • 3.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.17%Loss allowance to noncurrent loans
  • 442.12%Noncurrent assets plus other real estate owned to assets
  • 1.64%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 66.42%Net loans and leases to core deposits
  • 68.57%Equity capital to assets
  • 10.08%Core capital (leverage) ratio
  • 8.19%Tier 1 risk-based capital ratio
  • 11.91%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $108,135Average earning assets
  • $10,897Average equity
  • $90,949Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010158First Citizens Bank205 South Veterans Blvd, Glennville, GA 30427July 01, 1937Full Service Brick and Mortar
    1235943Reidsville Branch176 S Main Street, Reidsville, GA 30453December 17, 1973Full Service Brick and Mortar
    2235944Liberty County Branch119 East General Screven Way, Hinesville, GA 31313December 04, 1996Full Service Brick and Mortar

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