The Citizens Bank of Clovis in Clovis, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Citizens Bank of Clovis - Overview

  • General
  • FDIC Certificate #: 11491
    Status: Active
    Federal Reserve ID: 710859
    Bank Holding Company (Regulatory Top Holder): Cbc, Inc. (RSSDID: 1106628, Location: Clovis, NM)
    Date Established: January 01, 1916
    WWW: http://www.citizensbankofclovis.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 7346
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 5th And Pile Streets, Clovis, NM 88101
    County: Curry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Clovis-Portales, NM (#188)
    Core Based Statistical Area (CBSA): Clovis, NM (#17580)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $293.8 mil
    Equity capital: $39.5 mil
    Deposits held in domestic offices: $244.1 mil
    Return on assets (ROA): 1.71% ($5.0 mil)
    Quarterly return on assets: 1.29% ($3.8 mil)
    Return on Equity (ROE): 13.73% ($5.4 mil)
    Quarterly return on equity: 9.82% ($3.8 mil)
    Net income: $5.0 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.71% ($5,024.2 mil)
    Quarterly Pretax return on assets: 1.29% ($3,790.1 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
  • 58Total employees (full-time equivalent)
  • $293,810Total assets
  • $10,732Cash and due from depository institutions
  • $273Interest-bearing balances
  • $154,835Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $117,831Net loans & leases
  • $1,480Loan loss allowance
  • $0Trading account assets
  • $1,414Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $293,810Life insurance assets
  • $8,998All other assets
  • $254,315Total liabilities and capital
  • $244,145Total liabilities
  • $192,956Total deposits
  • $244,145Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 7982.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,144Trading liabilities
  • $0Other borrowed funds
  • $1,044Subordinated debt
  • $39,495All other liabilities
  • $39,495Total equity capital
  • $39,495Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $10,566Surplus
  • $26,929Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $56Income earned, not collected on loans
  • $0Earning assets
  • $1,798Long-term assets (5+ years)
  • $272,939Average Assets, year-to-date
  • $123,986Average Assets, quarterly
  • $291,127Volatile liabilities
  • $298,484Insider loans
  • $121,569FHLB advances
  • $300,806Loans and leases held for sale
  • $4,688Unused loan commitments
  • $4,688Tier 1 (core) risk-based capital
  • $34,746Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,803Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,581Total interest income
  • $2,087Total interest expense
  • $9,494Net interest income
  • $0Provision for loan and lease losses
  • $858Total noninterest income
  • $41Fiduciary activities
  • $322Service charges on deposit accounts
  • $0Trading account gains & fees
  • $495Additional noninterest income
  • $5,602Total noninterest expense
  • $3,114Salaries and employee benefits
  • $712Premises and equipment expense
  • $1,776Additional noninterest expense
  • $4,750Pre-tax net operating income
  • $221Securities gains (losses)
  • $0Applicable income taxes
  • $4,971Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,971Net income attributable to bank
  • $0Net charge-offs
  • $4,971Cash dividends
  • -$36Sale, conversion, retirement of capital stock, net
  • $4,432Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.24%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.05%Noninterest expense to earning assets
  • 1.63%Net operating income to assets
  • 1.71%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 13.73%Return on equity (ROE)
  • 1.49%Retained earnings to average equity (YTD only)
  • -0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 54,115Assets per employee
  • 5.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.16%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 2642.86%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 48.26%Net loans and leases to core deposits
  • 53.56%Equity capital to assets
  • 13.44%Core capital (leverage) ratio
  • 11.55%Tier 1 risk-based capital ratio
  • 28.58%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $291,127Average earning assets
  • $36,214Average equity
  • $272,902Average 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
  • $10,432Managed Assets
  • 1Number of Accounts
  • $10,432Personal trust and agency accounts
  • $5,634Employee benefit-defined contribution accounts
  • $1,006Employee benefit-defined benefit accounts
  • $3,792Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 12Number 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

  • 5 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07346The Citizens Bank Of Clovis5th And Pile Streets, Clovis, NM 88101January 01, 1916Full Service Brick and Mortar
    1224689Clovis BranchMain Street And Commerce Way, Clovis, NM 88101August 10, 1960Full Service Brick and Mortar
    2224690Fort Sumner Branch105 E. Sumner Avenue, Fort Sumner, NM 88119April 14, 1935Full Service Brick and Mortar
    3224691Texico Branch420 Wheeler Avenue, Texico, NM 88135June 14, 1965Full Service Brick and Mortar
    4224692East 21st Street Branch800 East 21st Street, Clovis, NM 88101March 25, 1974Full Service Brick and Mortar

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