The Citizens National Bank of Quitman in Quitman, Georgia (GA)



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The Citizens National Bank of Quitman routing number info

Table of contents:
The Citizens National Bank of Quitman
GeneralFDIC Certificate #: 14731
Status: Active
Federal Reserve ID: 774235
Date Established: August 25, 1934
WWW: http://www.cnbquitman.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 9214
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: August 25, 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: 100 East Stevens Street, Quitman, GA 31643
County: Brooks
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
Core Based Statistical Area (CBSA): Valdosta, GA (#46660)
CBSA Metro Statistical Area: Valdosta, GA (#46660)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $111.0 mil
Equity capital: $10.4 mil
Deposits held in domestic offices: $92.0 mil
Return on assets (ROA): 0.48% ($0.5 mil)
Quarterly return on assets: 0.42% ($0.5 mil)
Return on Equity (ROE): 5.23% ($0.5 mil)
Quarterly return on equity: 4.35% ($0.4 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.58% ($644.0 mil)
Quarterly Pretax return on assets: 0.46% ($510.8 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)22
Total assets$111,033
Cash and due from depository institutions$16,342
Interest-bearing balances$8,244
Securities$11,791
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$74,811
Loan loss allowance $1,579
Trading account assets$0
Bank premises and fixed assets$648
Other real estate owned$963
Goodwill and other intangibles$0
All other assets$6,478
Life insurance assets$111,033
Total liabilities and capital$100,600
Total liabilities$92,040
Total deposits$80,477
Interest-bearing deposits$92,040
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$7,000
Other borrowed funds $0
Subordinated debt $1,560
All other liabilities $10,433
Total equity capital$10,433
Total bank equity capital$10,433
Perpetual preferred stock$0
Common stock$600
Surplus$2,694
Undivided profits $7,139
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 $1,670
Earning assets $0
Long-term assets (5+ years) $945
Average Assets, year-to-date $94,846
Average Assets, quarterly $25,763
Volatile liabilities $110,590
Insider loans $107,875
FHLB advances $76,181
Loans and leases held for sale $106,818
Unused loan commitments $3,694
Tier 1 (core) risk-based capital $3,694
Tier 2 risk-based capital $10,181
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,168
Derivatives$4,348
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,744
Total interest expense $1,828
Net interest income $3,916
Provision for loan and lease losses $1,155
Total noninterest income $425
Fiduciary activities $0
Service charges on deposit accounts $232
Trading account gains & fees $0
Additional noninterest income $193
Total noninterest expense $2,567
Salaries and employee benefits $1,367
Premises and equipment expense $326
Additional noninterest expense $874
Pre-tax net operating income $619
Securities gains (losses) $21
Applicable income taxes $113
Income before extraordinary items $527
Extraordinary gains - net $0
Net income attributable to bank $527
Net charge-offs $0
Cash dividends $527
Sale, conversion, retirement of capital stock, net $735
Net operating income $90
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.29%
Cost of funding earning assets 2.00%
Net interest margin 4.29%
Noninterest income to earning assets 0.47%
Noninterest expense to earning assets 2.81%
Net operating income to assets 0.46%
Return on assets (ROA) 0.48%
Pretax return on assets 0.58%
Return on equity (ROE) 5.23%
Retained earnings to average equity (YTD only) 4.34%
Net charge-offs to loans 0.94%
Credit loss provision to net charge-offs 157.14%
Efficiency ratio2.41%
Assets per employee$59,134
Cash dividends to net income (YTD only)5.05%
Condition Ratios (%)
Loss allowance to loans 17.08%
Loss allowance to noncurrent loans 2.07%
Noncurrent assets plus other real estate owned to assets 94.55%
Noncurrent loans to loans 2.37%
Net loans and leases to deposits2.19%
Net loans and leases to core deposits 81.28%
Equity capital to assets 91.00%
Core capital (leverage) ratio 9.40%
Tier 1 risk-based capital ratio 9.53%
Total risk-based capital ratio 13.36%
Memoranda
Average assets$15
Average earning assets$110,590
Average equity $10,075
Average loans $91,258
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1 Georgia Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09214The Citizens National Bank Of Quitma100 East Stevens Street, Quitman, GA 31643August 25, 1934Full Service Brick and Mortar
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