The Citizens Bank of Valley Head in Valley Head, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

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

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total 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
  • 14Total employees (full-time equivalent)
  • $26,070Total assets
  • $2,436Cash and due from depository institutions
  • $251Interest-bearing balances
  • $1,175Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $21,249Net loans & leases
  • $126Loan loss allowance
  • $0Trading account assets
  • $644Bank premises and fixed assets
  • $85Other real estate owned
  • $0Goodwill and other intangibles
  • $26,070Life insurance assets
  • $481All other assets
  • $22,832Total liabilities and capital
  • $22,812Total liabilities
  • $16,966Total deposits
  • $22,812Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $20Subordinated debt
  • $3,238All other liabilities
  • $3,238Total equity capital
  • $3,238Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $190Surplus
  • $3,038Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $866Income earned, not collected on loans
  • $0Earning assets
  • $349Long-term assets (5+ years)
  • $22,675Average Assets, year-to-date
  • $875Average Assets, quarterly
  • $27,094Volatile liabilities
  • $26,685Insider loans
  • $16,973FHLB advances
  • $27,009Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,238Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $771Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,524Total interest income
  • $160Total interest expense
  • $1,364Net interest income
  • $148Provision for loan and lease losses
  • $152Total noninterest income
  • $0Fiduciary activities
  • $85Service charges on deposit accounts
  • $0Trading account gains & fees
  • $67Additional noninterest income
  • $1,407Total noninterest expense
  • $997Salaries and employee benefits
  • $192Premises and equipment expense
  • $218Additional noninterest expense
  • -$39Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$39Income before extraordinary items
  • $0Extraordinary gains - net
  • -$39Net income attributable to bank
  • $0Net charge-offs
  • -$39Cash dividends
  • $83Sale, conversion, retirement of capital stock, net
  • $8Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.63%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 5.94%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 6.12%Noninterest expense to earning assets
  • -0.14%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • -1.20%Return on equity (ROE)
  • -1.45%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 178.31%Credit loss provision to net charge-offs
  • 1.31%Efficiency ratio
  • 92,810Assets per employee
  • 1.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -20.51%Loss allowance to loans
  • 0.59%Loss allowance to noncurrent loans
  • 14.55%Noncurrent assets plus other real estate owned to assets
  • 3.65%Noncurrent loans to loans
  • 4.05%Net loans and leases to deposits
  • 93.15%Net loans and leases to core deposits
  • 98.97%Equity capital to assets
  • 12.42%Core capital (leverage) ratio
  • 11.99%Tier 1 risk-based capital ratio
  • 19.08%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $27,094Average earning assets
  • $3,242Average equity
  • $22,974Average loans

List of branches

  • 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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