The Citizens Bank of Cochran in Cochran, Georgia (GA)



Show street view No street view available for this location

The Citizens Bank of Cochran routing number info

Table of contents:
The Citizens Bank of Cochran
GeneralFDIC Certificate #: 16275
Status: Active
Federal Reserve ID: 278733
Bank Holding Company (Regulatory Top Holder): Putnam-Greene Financial Corporation (RSSDID: 1246252, Location: Eatonton, GA)
Date Established: January 01, 1934
WWW: http://www.citizensbankcochran.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 10464
Numeric code: 21
Regulator: FDIC
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: Commercial Lending Specialization
Date of Deposit Insurance: June 12, 1945
Last Structure Change Effective Date: March 14, 2007
Last Structure Change Process Date: March 23, 2007
Last Data Update: March 23, 2007
Data Source Date: April 05, 2012
LocationAddress: 124 East Dykes Street, Cochran, GA 31014
County: Bleckley
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Albany Ga
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Withdraws from FRS (Federal Reserve System)
Financial SummaryTotal assets: $61.4 mil
Equity capital: $8.8 mil
Deposits held in domestic offices: $52.0 mil
Return on assets (ROA): -0.44% (-$0.3 mil)
Quarterly return on assets: -0.29% (-$0.2 mil)
Return on Equity (ROE): -3.08% (-$0.3 mil)
Quarterly return on equity: -2.00% (-$0.2 mil)
Net income: -$0.3 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -0.83% (-$509.5 mil)
Quarterly Pretax return on assets: -0.54% (-$331.5 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)17
Total assets$61,382
Cash and due from depository institutions$1,028
Interest-bearing balances$55
Securities$22,039
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$32,952
Loan loss allowance $2,731
Trading account assets$0
Bank premises and fixed assets$1,099
Other real estate owned$2,204
Goodwill and other intangibles$0
All other assets$2,060
Life insurance assets$61,382
Total liabilities and capital$52,585
Total liabilities$51,959
Total deposits$45,509
Interest-bearing deposits$51,959
Deposits held in domestic offices$90
% insured (estimated)325.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $301
All other liabilities $8,797
Total equity capital$8,797
Total bank equity capital$8,797
Perpetual preferred stock$0
Common stock$200
Surplus$9,995
Undivided profits $-1,398
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 $3,118
Earning assets $0
Long-term assets (5+ years) $331
Average Assets, year-to-date $55,046
Average Assets, quarterly $25,652
Volatile liabilities $62,858
Insider loans $61,030
FHLB advances $41,007
Loans and leases held for sale $60,105
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,015
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,760
Derivatives$738
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,001
Total interest expense $810
Net interest income $2,191
Provision for loan and lease losses $1,500
Total noninterest income $494
Fiduciary activities $0
Service charges on deposit accounts $158
Trading account gains & fees $0
Additional noninterest income $336
Total noninterest expense $2,084
Salaries and employee benefits $1,020
Premises and equipment expense $269
Additional noninterest expense $795
Pre-tax net operating income -$899
Securities gains (losses) $375
Applicable income taxes -$250
Income before extraordinary items -$274
Extraordinary gains - net $0
Net income attributable to bank -$274
Net charge-offs $0
Cash dividends -$274
Sale, conversion, retirement of capital stock, net $577
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.28%
Cost of funding earning assets 1.43%
Net interest margin 3.86%
Noninterest income to earning assets 0.87%
Noninterest expense to earning assets 3.67%
Net operating income to assets -0.82%
Return on assets (ROA) -0.44%
Pretax return on assets -0.83%
Return on equity (ROE) -3.08%
Retained earnings to average equity (YTD only) -3.08%
Net charge-offs to loans 1.47%
Credit loss provision to net charge-offs 259.97%
Efficiency ratio1.04%
Assets per employee$77,616
Cash dividends to net income (YTD only)3.61%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 7.65%
Noncurrent assets plus other real estate owned to assets 87.59%
Noncurrent loans to loans 8.67%
Net loans and leases to deposits8.74%
Net loans and leases to core deposits 63.42%
Equity capital to assets 73.77%
Core capital (leverage) ratio 14.33%
Tier 1 risk-based capital ratio 13.33%
Total risk-based capital ratio 19.55%
Memoranda
Average assets$21
Average earning assets$62,858
Average equity $8,893
Average loans $56,812
Back to page top, Back to table top

2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010464The Citizens Bank Of Cochran124 East Dykes Street, Cochran, GA 31014January 01, 1934Full Service Brick and Mortar
3464804Dublin Branch1303 Bellevue Avenue, Dublin, GA 31021May 11, 2007Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Citizens Bank of Cochran.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.