The Citizens Bank in Collierville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 1998

  • The Citizens Bank in Collierville, Tennessee (TN)
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The Citizens Bank - Overview

  • General
  • FDIC Certificate #: 1709
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Bank of Commerce (#4978)
    Federal Reserve ID: 115557
    Date Established: September 17, 1917
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 9736
    FDIC's unique #: 1125
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 18, 1998
    Last Structure Change Process Date: October 05, 1998
    Last Data Update: October 05, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 185 North Main Street, Collierville, TN 38017
    County: Shelby
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Memphis, TN-AR-MS (#4920)
    Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
    CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
  • Financial Summary
  • Total assets: $40.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $38,651Total assets
  • $2,647Cash and due from depository institutions
  • $0Interest-bearing balances
  • $10,091Securities
  • $3,594Federal funds sold & reverse repurchase agreements
  • $20,758Net loans & leases
  • $379Loan loss allowance
  • $0Trading account assets
  • $1,084Bank premises and fixed assets
  • $42Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $435All other assets
  • $38,651Total liabilities and capital
  • $35,538Total liabilities
  • $34,635Total deposits
  • $25,344Interest-bearing deposits
  • $34,635Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $469Other borrowed funds
  • $0Subordinated debt
  • $434All other liabilities
  • $3,113Total equity capital
  • $3,113Total bank equity capital
  • $3,113Perpetual preferred stock
  • $0Common stock
  • $440Surplus
  • $570Undivided profits
  • Memoranda
  • $2,103Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $18Earning assets
  • $0Long-term assets (5+ years)
  • $123Average Assets, year-to-date
  • $34,443Average Assets, quarterly
  • $9,673Volatile liabilities
  • $37,197Insider loans
  • $38,575FHLB advances
  • $4,555Loans and leases held for sale
  • $216Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,021Total risk weighted assets
  • $2,472Total unused commitments
  • $0Restructured Loans and leases
  • $22,419Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $2,805Total interest income
  • $1,189Total interest expense
  • $1,616Net interest income
  • $51Provision for loan and lease losses
  • $751Total noninterest income
  • $0Fiduciary activities
  • $198Service charges on deposit accounts
  • $0Trading account gains & fees
  • $553Additional noninterest income
  • $1,495Total noninterest expense
  • $921Salaries and employee benefits
  • $221Premises and equipment expense
  • $353Additional noninterest expense
  • $821Pre-tax net operating income
  • $0Securities gains (losses)
  • $276Applicable income taxes
  • $545Income before extraordinary items
  • $0Extraordinary gains - net
  • $545Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $46Sale, conversion, retirement of capital stock, net
  • $55Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.48%Yield on earning assets
  • 3.59%Cost of funding earning assets
  • 4.88%Net interest margin
  • 2.27%Noninterest income to earning assets
  • 4.52%Noninterest expense to earning assets
  • 1.47%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 2.21%Pretax return on assets
  • 19.15%Return on equity (ROE)
  • 17.22%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 110.87%Credit loss provision to net charge-offs
  • 18.96%Efficiency ratio
  • 63,160Assets per employee
  • 1.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 10.09%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 2105.56%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 59.93%Net loans and leases to core deposits
  • 67.95%Equity capital to assets
  • 8.05%Core capital (leverage) ratio
  • 8.17%Tier 1 risk-based capital ratio
  • 13.77%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $37,197Average earning assets
  • $2,846Average equity
  • $33,097Average loans

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