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


The Citizens Bank - Overview

  • General
  • FDIC Certificate #: 22358
    Status: Active
    Federal Reserve ID: 571135
    Bank Holding Company (Regulatory Top Holder): Citizens Bancshares, Inc. (RSSDID: 1086382, Location: Greensboro, AL)
    Date Established: November 01, 1976
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 14223
    FDIC's unique #: 15565
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: November 01, 1976
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1301 State Street, Greensboro, AL 36744
    County: Hale
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Tuscaloosa, AL (#46220)
    CBSA Metro Statistical Area: Tuscaloosa, AL (#46220)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $104.0 mil
    Equity capital: $11.0 mil
    Deposits held in domestic offices: $87.8 mil
    Return on assets (ROA): 1.26% ($1.3 mil)
    Quarterly return on assets: 0.81% ($0.8 mil)
    Return on Equity (ROE): 11.62% ($1.3 mil)
    Quarterly return on equity: 7.37% ($0.8 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.66% ($1,726.2 mil)
    Quarterly Pretax return on assets: 1.22% ($1,268.6 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
  • 16Total employees (full-time equivalent)
  • $103,987Total assets
  • $11,788Cash and due from depository institutions
  • $0Interest-bearing balances
  • $41,006Securities
  • $1,035Federal funds sold & reverse repurchase agreements
  • $47,970Net loans & leases
  • $459Loan loss allowance
  • $0Trading account assets
  • $428Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $103,987Life insurance assets
  • $1,760All other assets
  • $93,027Total liabilities and capital
  • $87,829Total liabilities
  • $71,033Total deposits
  • $87,829Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,326Trading liabilities
  • $0Other borrowed funds
  • $872Subordinated debt
  • $10,960All other liabilities
  • $10,960Total equity capital
  • $10,960Total bank equity capital
  • $0Perpetual preferred stock
  • $35Common stock
  • $515Surplus
  • $10,410Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $457Income earned, not collected on loans
  • $0Earning assets
  • $850Long-term assets (5+ years)
  • $90,011Average Assets, year-to-date
  • $37,707Average Assets, quarterly
  • $97,716Volatile liabilities
  • $102,772Insider loans
  • $57,960FHLB advances
  • $102,158Loans and leases held for sale
  • $373Unused loan commitments
  • $373Tier 1 (core) risk-based capital
  • $9,987Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,894Restructured Loans and leases
  • $1,994Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,190Total interest income
  • $1,241Total interest expense
  • $2,949Net interest income
  • $144Provision for loan and lease losses
  • $290Total noninterest income
  • $0Fiduciary activities
  • $207Service charges on deposit accounts
  • $0Trading account gains & fees
  • $83Additional noninterest income
  • $1,499Total noninterest expense
  • $874Salaries and employee benefits
  • $189Premises and equipment expense
  • $436Additional noninterest expense
  • $1,596Pre-tax net operating income
  • $27Securities gains (losses)
  • $392Applicable income taxes
  • $1,231Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,231Net income attributable to bank
  • $0Net charge-offs
  • $1,231Cash dividends
  • $143Sale, conversion, retirement of capital stock, net
  • $645Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.95%Yield on earning assets
  • 1.47%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 1.77%Noninterest expense to earning assets
  • 1.24%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 11.62%Return on equity (ROE)
  • 5.53%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 100.70%Credit loss provision to net charge-offs
  • 12.17%Efficiency ratio
  • 46,280Assets per employee
  • 6.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 52.40%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 100.44%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.94%Net loans and leases to deposits
  • 54.62%Net loans and leases to core deposits
  • 60.11%Equity capital to assets
  • 10.54%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 17.23%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $97,716Average earning assets
  • $10,592Average equity
  • $84,622Average loans

List of branches

  • 1 Alabama Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015565The Citizens Bank1301 State Street, Greensboro, AL 36744November 01, 1976Full Service Brick and Mortar

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