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



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The Citizens Bank of Swainsboro routing number info

Table of contents:
The Citizens Bank of Swainsboro
GeneralFDIC Certificate #: 11295
Status: Active
Federal Reserve ID: 268136
Bank Holding Company (Regulatory Top Holder): Swainsboro Bankshares, Inc. (RSSDID: 1976607, Location: Swainsboro, GA)
Date Established: January 01, 1900
WWW: http://www.cbs-lc.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 #: 7209
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: 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: 121 North Main Street, Swainsboro, GA 30401
County: Emanuel
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Savannah
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of ChangesChange in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $145.5 mil
Equity capital: $13.0 mil
Deposits held in domestic offices: $131.5 mil
Return on assets (ROA): 0.47% ($0.7 mil)
Quarterly return on assets: 0.25% ($0.4 mil)
Return on Equity (ROE): 5.22% ($0.7 mil)
Quarterly return on equity: 2.75% ($0.4 mil)
Net income: $0.7 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.64% ($931.1 mil)
Quarterly Pretax return on assets: 0.14% ($203.7 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)41
Total assets$145,486
Cash and due from depository institutions$16,641
Interest-bearing balances$10,920
Securities$18,178
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$102,750
Loan loss allowance $2,834
Trading account assets$0
Bank premises and fixed assets$2,206
Other real estate owned$424
Goodwill and other intangibles$0
All other assets$5,287
Life insurance assets$145,486
Total liabilities and capital$132,532
Total liabilities$131,474
Total deposits$112,737
Interest-bearing deposits$131,474
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,058
All other liabilities $12,954
Total equity capital$12,954
Total bank equity capital$12,954
Perpetual preferred stock$0
Common stock$650
Surplus$6,350
Undivided profits $5,954
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 $2,484
Earning assets $0
Long-term assets (5+ years) $1,017
Average Assets, year-to-date $131,848
Average Assets, quarterly $13,633
Volatile liabilities $141,375
Insider loans $142,885
FHLB advances $100,518
Loans and leases held for sale $140,447
Unused loan commitments $2,148
Tier 1 (core) risk-based capital $1,734
Tier 2 risk-based capital $12,734
Total risk weighted assets $0
Total unused commitments $414
Restructured Loans and leases $4,687
Derivatives$3,395
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,967
Total interest expense $1,238
Net interest income $5,729
Provision for loan and lease losses $1,787
Total noninterest income $1,249
Fiduciary activities $0
Service charges on deposit accounts $748
Trading account gains & fees $0
Additional noninterest income $501
Total noninterest expense $4,353
Salaries and employee benefits $2,108
Premises and equipment expense $492
Additional noninterest expense $1,753
Pre-tax net operating income $838
Securities gains (losses) $71
Applicable income taxes $251
Income before extraordinary items $658
Extraordinary gains - net $0
Net income attributable to bank $658
Net charge-offs $0
Cash dividends $658
Sale, conversion, retirement of capital stock, net $1,009
Net operating income $96
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.45%
Cost of funding earning assets 0.97%
Net interest margin 4.48%
Noninterest income to earning assets 0.98%
Noninterest expense to earning assets 3.40%
Net operating income to assets 0.43%
Return on assets (ROA) 0.47%
Pretax return on assets 0.64%
Return on equity (ROE) 5.22%
Retained earnings to average equity (YTD only) 4.46%
Net charge-offs to loans 0.95%
Credit loss provision to net charge-offs 177.11%
Efficiency ratio2.60%
Assets per employee$62,382
Cash dividends to net income (YTD only)3.55%
Condition Ratios (%)
Loss allowance to loans 14.59%
Loss allowance to noncurrent loans 2.68%
Noncurrent assets plus other real estate owned to assets 114.09%
Noncurrent loans to loans 2.00%
Net loans and leases to deposits2.35%
Net loans and leases to core deposits 78.15%
Equity capital to assets 80.80%
Core capital (leverage) ratio 8.90%
Tier 1 risk-based capital ratio 9.07%
Total risk-based capital ratio 12.67%
Memoranda
Average assets$14
Average earning assets$141,375
Average equity $12,593
Average loans $127,843
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2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07209The Citizens Bank Of Swainsboro121 North Main Street, Swainsboro, GA 30401January 01, 1900Full Service Brick and Mortar
2363457Dublin Branch1210 Hillcrest Parkway, Dublin, GA 31021March 29, 2002Full Service Brick and Mortar
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