The Citizens Bank of Valley Head in Valley Head, Alabama (AL)



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The Citizens Bank of Valley Head routing number info

Table of contents:
The Citizens Bank of Valley Head
GeneralFDIC Certificate #: 15270
Status: Active
Federal Reserve ID: 290838
Bank Holding Company (Regulatory Top Holder): Citizens Bancorporation, Inc. (RSSDID: 1417191, Location: Valley Head, AL)
Date Established: August 12, 1935
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 9615
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: Consumer Lending Specialization
Date of Deposit Insurance: August 21, 1935
Last Structure Change Effective Date: Febuary 24, 2011
Last Structure Change Process Date: Febuary 24, 2011
Last Data Update: Febuary 24, 2011
Data Source Date: April 05, 2012
LocationAddress: 85 Winston Dr, Valley Head, AL 35989
County: De Kalb
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Fort Payne, AL (#22840)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal assets: $26.1 mil
Equity capital: $3.2 mil
Deposits held in domestic offices: $22.8 mil
Return on assets (ROA): -0.14% (-$0.0 mil)
Quarterly return on assets: 0.00% ($0.0 mil)
Return on Equity (ROE): -1.20% (-$0.0 mil)
Quarterly return on equity: 0.00% ($0.0 mil)
Net income: -$0.0 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: -0.14% (-$36.5 mil)
Quarterly Pretax return on assets: 0.00% ($0.0 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)14
Total assets$26,070
Cash and due from depository institutions$2,436
Interest-bearing balances$251
Securities$1,175
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$21,249
Loan loss allowance $126
Trading account assets$0
Bank premises and fixed assets$644
Other real estate owned$85
Goodwill and other intangibles$0
All other assets$481
Life insurance assets$26,070
Total liabilities and capital$22,832
Total liabilities$22,812
Total deposits$16,966
Interest-bearing deposits$22,812
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $20
All other liabilities $3,238
Total equity capital$3,238
Total bank equity capital$3,238
Perpetual preferred stock$0
Common stock$10
Surplus$190
Undivided profits $3,038
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 $866
Earning assets $0
Long-term assets (5+ years) $349
Average Assets, year-to-date $22,675
Average Assets, quarterly $875
Volatile liabilities $27,094
Insider loans $26,685
FHLB advances $16,973
Loans and leases held for sale $27,009
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,238
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $0
Derivatives$771
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,524
Total interest expense $160
Net interest income $1,364
Provision for loan and lease losses $148
Total noninterest income $152
Fiduciary activities $0
Service charges on deposit accounts $85
Trading account gains & fees $0
Additional noninterest income $67
Total noninterest expense $1,407
Salaries and employee benefits $997
Premises and equipment expense $192
Additional noninterest expense $218
Pre-tax net operating income -$39
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$39
Extraordinary gains - net $0
Net income attributable to bank -$39
Net charge-offs $0
Cash dividends -$39
Sale, conversion, retirement of capital stock, net $83
Net operating income $8
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.63%
Cost of funding earning assets 0.70%
Net interest margin 5.94%
Noninterest income to earning assets 0.66%
Noninterest expense to earning assets 6.12%
Net operating income to assets -0.14%
Return on assets (ROA) -0.14%
Pretax return on assets -0.14%
Return on equity (ROE) -1.20%
Retained earnings to average equity (YTD only) -1.45%
Net charge-offs to loans 0.38%
Credit loss provision to net charge-offs 178.31%
Efficiency ratio1.31%
Assets per employee$92,810
Cash dividends to net income (YTD only)1.86%
Condition Ratios (%)
Loss allowance to loans -20.51%
Loss allowance to noncurrent loans 0.59%
Noncurrent assets plus other real estate owned to assets 14.55%
Noncurrent loans to loans 3.65%
Net loans and leases to deposits4.05%
Net loans and leases to core deposits 93.15%
Equity capital to assets 98.97%
Core capital (leverage) ratio 12.42%
Tier 1 risk-based capital ratio 11.99%
Total risk-based capital ratio 19.08%
Memoranda
Average assets$20
Average earning assets$27,094
Average equity $3,242
Average loans $22,974
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3 Alabama Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09615The Citizens Bank Of Valley Head85 Winston Dr, Valley Head, AL 35989August 12, 1935Full Service Brick and Mortar
1233559Ider BranchHighway 75, Ider, AL 35981July 17, 1989Full Service Brick and Mortar
2493113Mentone Office BranchHighway 117, Mentone, AL 35984July 31, 2008Full Service Brick and Mortar
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