The Citizens Bank in Enterprise, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Citizens Bank - Overview

  • General
  • FDIC Certificate #: 16369
    Status: Active
    Federal Reserve ID: 374130
    Bank Holding Company (Regulatory Top Holder): Enterprise Capital Corporation, Inc. (RSSDID: 1080737, Location: Enterprise, AL)
    Date Established: Febuary 05, 1946
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11094
    FDIC's unique #: 10551
    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: Febuary 05, 1946
    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
  • Location
  • Address: 301 South Edwards Street, Enterprise, AL 36330
    County: Coffee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Dothan-Enterprise-Ozark, AL (#222)
    Core Based Statistical Area (CBSA): Enterprise-Ozark, AL (#21460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $85.1 mil
    Equity capital: $8.4 mil
    Deposits held in domestic offices: $76.5 mil
    Return on assets (ROA): -0.02% (-$0.0 mil)
    Quarterly return on assets: -1.54% (-$1.3 mil)
    Return on Equity (ROE): -0.21% (-$0.0 mil)
    Quarterly return on equity: -15.00% (-$1.2 mil)
    Net income: -$0.0 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.02% (-$17.0 mil)
    Quarterly Pretax return on assets: -1.54% (-$1,310.3 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
  • 28Total employees (full-time equivalent)
  • $85,087Total assets
  • $10,561Cash and due from depository institutions
  • $8,067Interest-bearing balances
  • $33,141Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $35,839Net loans & leases
  • $1,028Loan loss allowance
  • $0Trading account assets
  • $814Bank premises and fixed assets
  • $537Other real estate owned
  • $0Goodwill and other intangibles
  • $85,087Life insurance assets
  • $4,195All other assets
  • $76,718Total liabilities and capital
  • $76,533Total liabilities
  • $44,884Total deposits
  • $76,533Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $123Trading liabilities
  • $0Other borrowed funds
  • $62Subordinated debt
  • $8,369All other liabilities
  • $8,369Total equity capital
  • $8,369Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,600Surplus
  • $6,669Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $607Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25Income earned, not collected on loans
  • $0Earning assets
  • $321Long-term assets (5+ years)
  • $77,047Average Assets, year-to-date
  • $29,033Average Assets, quarterly
  • $84,581Volatile liabilities
  • $83,597Insider loans
  • $43,592FHLB advances
  • $85,325Loans and leases held for sale
  • $3,308Unused loan commitments
  • $2,062Tier 1 (core) risk-based capital
  • $8,392Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,246Total unused commitments
  • $8,536Restructured Loans and leases
  • $2,147Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,048Total interest income
  • $334Total interest expense
  • $2,714Net interest income
  • $303Provision for loan and lease losses
  • $1,035Total noninterest income
  • $10Fiduciary activities
  • $226Service charges on deposit accounts
  • $0Trading account gains & fees
  • $799Additional noninterest income
  • $3,222Total noninterest expense
  • $1,677Salaries and employee benefits
  • $435Premises and equipment expense
  • $1,110Additional noninterest expense
  • $224Pre-tax net operating income
  • -$245Securities gains (losses)
  • $0Applicable income taxes
  • -$21Income before extraordinary items
  • $0Extraordinary gains - net
  • -$21Net income attributable to bank
  • $0Net charge-offs
  • -$21Cash dividends
  • $271Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.02%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 3.58%Net interest margin
  • 1.36%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 0.26%Net operating income to assets
  • -0.02%Return on assets (ROA)
  • -0.02%Pretax return on assets
  • -0.21%Return on equity (ROE)
  • -0.21%Retained earnings to average equity (YTD only)
  • 0.63%Net charge-offs to loans
  • 111.81%Credit loss provision to net charge-offs
  • 1.94%Efficiency ratio
  • 85,943Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.79%Loss allowance to noncurrent loans
  • 4112.00%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 46.83%Net loans and leases to core deposits
  • 47.17%Equity capital to assets
  • 9.84%Core capital (leverage) ratio
  • 9.84%Tier 1 risk-based capital ratio
  • 19.25%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $84,581Average earning assets
  • $9,800Average equity
  • $75,912Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,524Managed Assets
  • 1Number of Accounts
  • $2,524Personal trust and agency accounts
  • $2,524Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010551The Citizens Bank301 South Edwards Street, Enterprise, AL 36330Febuary 05, 1946Full Service Brick and Mortar
    1237959East Side Branch1905 Glover Avenue, Enterprise, AL 36330May 31, 1968Full Service Brick and Mortar
    3237961Drive-In Facility301 South Main Street, Enterprise, AL 36330July 10, 1989Limited Service Facility

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