The Citizens Bank of Higginsport, Ohio in Higginsport, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 21, 2009

  • The Citizens Bank of Higginsport, Ohio in Higginsport, Ohio (OH)
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The Citizens Bank of Higginsport, Ohio - Overview

  • General
  • FDIC Certificate #: 12755
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: The Merchants National Bank (#6605)
    Federal Reserve ID: 891721
    Date Established: January 01, 1901
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 8081
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 21, 2009
    Last Structure Change Process Date: September 09, 2009
    Last Data Update: September 09, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 314 Washington Street, Higginsport, OH 45131
    County: Brown
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Cincinnati, OH-KY-IN (#1640)
    Consolidated Metropolitan Statistical Area (CMSA): Cincinnati-Hamilton, OH-KY-IN (#21)
    Combined Statistical Area (CSA): Cincinnati-Middletown-Wilmington, OH-KY-IN (#178)
    Core Based Statistical Area (CBSA): Cincinnati-Middletown, OH-KY-IN (#17140)
    CBSA Metro Statistical Area: Cincinnati-Middletown, OH-KY-IN (#17140)
  • Financial Summary
  • Total assets: $114.1 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, 2008)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $110,988Total assets
  • $4,352Cash and due from depository institutions
  • $0Interest-bearing balances
  • $20,819Securities
  • $6,253Federal funds sold & reverse repurchase agreements
  • $73,869Net loans & leases
  • $768Loan loss allowance
  • $0Trading account assets
  • $1,509Bank premises and fixed assets
  • $2,525Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,661All other assets
  • $110,988Total liabilities and capital
  • $100,221Total liabilities
  • $99,981Total deposits
  • $92,028Interest-bearing deposits
  • $99,981Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $240All other liabilities
  • $10,767Total equity capital
  • $10,767Total bank equity capital
  • $10,767Perpetual preferred stock
  • $0Common stock
  • $269Surplus
  • $905Undivided profits
  • Memoranda
  • $9,593Noncurrent loans and leases
  • $8,914Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,443Earning assets
  • $0Long-term assets (5+ years)
  • $599Average Assets, year-to-date
  • $100,941Average Assets, quarterly
  • $35,893Volatile liabilities
  • $112,237Insider loans
  • $110,565FHLB advances
  • $13,924Loans and leases held for sale
  • $1,168Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,914Total unused commitments
  • $1,481Restructured Loans and leases
  • $777Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $6,383Total interest income
  • $3,156Total interest expense
  • $3,227Net interest income
  • $120Provision for loan and lease losses
  • $464Total noninterest income
  • $0Fiduciary activities
  • $293Service charges on deposit accounts
  • $0Trading account gains & fees
  • $171Additional noninterest income
  • $2,964Total noninterest expense
  • $1,435Salaries and employee benefits
  • $411Premises and equipment expense
  • $1,118Additional noninterest expense
  • $607Pre-tax net operating income
  • $0Securities gains (losses)
  • $126Applicable income taxes
  • $481Income before extraordinary items
  • $0Extraordinary gains - net
  • $481Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $104Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.22%Yield on earning assets
  • 3.08%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.54%Pretax return on assets
  • 4.58%Return on equity (ROE)
  • 4.11%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 115.38%Credit loss provision to net charge-offs
  • 6.99%Efficiency ratio
  • 80,303Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 10.40%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 53.22%Noncurrent assets plus other real estate owned to assets
  • 3.58%Noncurrent loans to loans
  • 1.93%Net loans and leases to deposits
  • 73.88%Net loans and leases to core deposits
  • 85.84%Equity capital to assets
  • 9.70%Core capital (leverage) ratio
  • 9.66%Tier 1 risk-based capital ratio
  • 14.95%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $112,237Average earning assets
  • $10,499Average equity
  • $102,584Average loans

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