The Citizens Bank of Clovis in Clovis, New Mexico (NM)



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The Citizens Bank of Clovis routing number info

Table of contents:
The Citizens Bank of Clovis
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)58
Total assets$293,810
Cash and due from depository institutions$10,732
Interest-bearing balances$273
Securities$154,835
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$117,831
Loan loss allowance $1,480
Trading account assets$0
Bank premises and fixed assets$1,414
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$8,998
Life insurance assets$293,810
Total liabilities and capital$254,315
Total liabilities$244,145
Total deposits$192,956
Interest-bearing deposits$244,145
Deposits held in domestic offices$89
% insured (estimated)7982.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,144
Other borrowed funds $0
Subordinated debt $1,044
All other liabilities $39,495
Total equity capital$39,495
Total bank equity capital$39,495
Perpetual preferred stock$0
Common stock$2,000
Surplus$10,566
Undivided profits $26,929
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $56
Earning assets $0
Long-term assets (5+ years) $1,798
Average Assets, year-to-date $272,939
Average Assets, quarterly $123,986
Volatile liabilities $291,127
Insider loans $298,484
FHLB advances $121,569
Loans and leases held for sale $300,806
Unused loan commitments $4,688
Tier 1 (core) risk-based capital $4,688
Tier 2 risk-based capital $34,746
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $29,803
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $11,581
Total interest expense $2,087
Net interest income $9,494
Provision for loan and lease losses $0
Total noninterest income $858
Fiduciary activities $41
Service charges on deposit accounts $322
Trading account gains & fees $0
Additional noninterest income $495
Total noninterest expense $5,602
Salaries and employee benefits $3,114
Premises and equipment expense $712
Additional noninterest expense $1,776
Pre-tax net operating income $4,750
Securities gains (losses) $221
Applicable income taxes $0
Income before extraordinary items $4,971
Extraordinary gains - net $0
Net income attributable to bank $4,971
Net charge-offs $0
Cash dividends $4,971
Sale, conversion, retirement of capital stock, net -$36
Net operating income $4,432
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.24%
Cost of funding earning assets 0.76%
Net interest margin 3.48%
Noninterest income to earning assets 0.31%
Noninterest expense to earning assets 2.05%
Net operating income to assets 1.63%
Return on assets (ROA) 1.71%
Pretax return on assets 1.71%
Return on equity (ROE) 13.73%
Retained earnings to average equity (YTD only) 1.49%
Net charge-offs to loans -0.03%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$54,115
Cash dividends to net income (YTD only)5.07%
Condition Ratios (%)
Loss allowance to loans 89.16%
Loss allowance to noncurrent loans 1.24%
Noncurrent assets plus other real estate owned to assets 2642.86%
Noncurrent loans to loans 0.02%
Net loans and leases to deposits0.05%
Net loans and leases to core deposits 48.26%
Equity capital to assets 53.56%
Core capital (leverage) ratio 13.44%
Tier 1 risk-based capital ratio 11.55%
Total risk-based capital ratio 28.58%
Memoranda
Average assets$30
Average earning assets$291,127
Average equity $36,214
Average loans $272,902
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$10,432
Number of Accounts1
Personal trust and agency accounts$10,432
Employee benefit-defined contribution accounts$5,634
Employee benefit-defined benefit accounts$1,006
Other retirement accounts$3,792
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts12
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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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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