The Citizens Bank in Batesville, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Citizens Bank - Overview

  • General
  • FDIC Certificate #: 17211
    Status: Active
    Federal Reserve ID: 856748
    Bank Holding Company (Regulatory Top Holder): Citizens Bancshares Of Batesville, Inc. (RSSDID: 1131077, Location: Batesville, AR)
    Date Established: April 24, 1953
    WWW: http://www.thecitizensbank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Domestic: 10, Interstate: No)
    FDIC's unique #: 11240
    Numeric code: 13
    Regulator: FED
    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: April 24, 1953
    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: 3rd And College Streets, Batesville, AR 72501
    County: Independence
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Batesville, AR (#12900)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $538.2 mil
    Equity capital: $55.8 mil
    Deposits held in domestic offices: $435.6 mil
    Return on assets (ROA): 1.09% ($5.9 mil)
    Quarterly return on assets: 0.91% ($4.9 mil)
    Return on Equity (ROE): 10.88% ($6.1 mil)
    Quarterly return on equity: 8.65% ($4.8 mil)
    Net income: $5.8 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.60% ($8,610.5 mil)
    Quarterly Pretax return on assets: 1.32% ($7,103.6 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
  • 151Total employees (full-time equivalent)
  • $538,154Total assets
  • $9,919Cash and due from depository institutions
  • $178Interest-bearing balances
  • $179,468Securities
  • $15,900Federal funds sold & reverse repurchase agreements
  • $311,472Net loans & leases
  • $7,608Loan loss allowance
  • $0Trading account assets
  • $8,369Bank premises and fixed assets
  • $1,165Other real estate owned
  • $478Goodwill and other intangibles
  • $538,154Life insurance assets
  • $11,383All other assets
  • $482,321Total liabilities and capital
  • $435,559Total liabilities
  • $394,975Total deposits
  • $435,559Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 15993.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $29,417Trading liabilities
  • $0Other borrowed funds
  • $1,352Subordinated debt
  • $55,833All other liabilities
  • $55,833Total equity capital
  • $55,833Total bank equity capital
  • $0Perpetual preferred stock
  • $1,650Common stock
  • $17,237Surplus
  • $36,946Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $480Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,093Income earned, not collected on loans
  • $0Earning assets
  • $3,204Long-term assets (5+ years)
  • $507,018Average Assets, year-to-date
  • $196,154Average Assets, quarterly
  • $530,133Volatile liabilities
  • $534,403Insider loans
  • $312,351FHLB advances
  • $535,069Loans and leases held for sale
  • $297Unused loan commitments
  • $297Tier 1 (core) risk-based capital
  • $53,397Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $25,835Restructured Loans and leases
  • $11,755Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,589Total interest income
  • $6,313Total interest expense
  • $20,276Net interest income
  • $2,900Provision for loan and lease losses
  • $5,863Total noninterest income
  • $479Fiduciary activities
  • $1,803Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,581Additional noninterest income
  • $14,726Total noninterest expense
  • $8,062Salaries and employee benefits
  • $1,730Premises and equipment expense
  • $4,934Additional noninterest expense
  • $8,513Pre-tax net operating income
  • -$23Securities gains (losses)
  • $2,705Applicable income taxes
  • $5,785Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,785Net income attributable to bank
  • $0Net charge-offs
  • $5,785Cash dividends
  • $1,509Sale, conversion, retirement of capital stock, net
  • $2,180Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.36%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 4.09%Net interest margin
  • 1.18%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 1.09%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 10.88%Return on equity (ROE)
  • 6.78%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 192.18%Credit loss provision to net charge-offs
  • 7.56%Efficiency ratio
  • 56,211Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.68%Loss allowance to loans
  • 2.38%Loss allowance to noncurrent loans
  • 53.98%Noncurrent assets plus other real estate owned to assets
  • 2.86%Noncurrent loans to loans
  • 4.42%Net loans and leases to deposits
  • 71.51%Net loans and leases to core deposits
  • 78.26%Equity capital to assets
  • 10.37%Core capital (leverage) ratio
  • 9.98%Tier 1 risk-based capital ratio
  • 17.10%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $530,133Average earning assets
  • $53,184Average equity
  • $496,079Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $88,875Managed Assets
  • 1Number of Accounts
  • $71,433Personal trust and agency accounts
  • $40,025Employee benefit-defined contribution accounts
  • $6,923Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $9,736Investment management agency accounts
  • $14,749Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 325Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $17,442Other retirement accounts
  • $149Corporate trust and agency accounts
  • $1,132Other fiduciary accounts
  • $15,904Fiduciary accounts held in foreign offices

List of branches

  • 10 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011240The Citizens Bank3rd And College Streets, Batesville, AR 72501April 24, 1953Full Service Brick and Mortar
    1241035St Louis Street Branch480 St Louis Street, Batesville, AR 72501June 20, 1974Full Service Brick and Mortar
    3241037Airport Branch805 Batesville Blvd, Batesville, AR 72501October 10, 1984Full Service Brick and Mortar
    4241038Westside Branch903 North Central Ave, Batesville, AR 72501July 01, 1981Limited Service Facility
    5241039Eagle Mountain Branch2 Eagle Mountain Blvd, Batesville, AR 72501August 21, 1989Full Service Brick and Mortar
    6241040Motor Bank Branch345 East Boswell Street, Batesville, AR 72503August 21, 1989Limited Service Facility
    7241041Pleasant Plains Branch5736 Blackland Road, Pleasant Plains, AR 72568October 03, 1997Full Service Brick and Mortar
    8419424Imboden Branch1033 West Third Street, Imboden, AR 72434May 22, 2003Full Service Brick and Mortar
    9224210Cave City Branch201 South Main Street, Cave City, AR 72521July 29, 1997Full Service Brick and Mortar
    10453599Mountain View Branch411 Sylamore Avenue, Mountain View, AR 72560Febuary 10, 2006Full Service Brick and Mortar

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