The Citizens National Bank of Quitman in Quitman, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Citizens National Bank of Quitman in Quitman, Georgia (GA)
  • Show street view No street view available for this location

The Citizens National Bank of Quitman - Overview

  • General
  • FDIC Certificate #: 14731
    Status: Active
    Federal Reserve ID: 774235
    Date Established: August 25, 1934
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 22Total employees (full-time equivalent)
  • $111,033Total assets
  • $16,342Cash and due from depository institutions
  • $8,244Interest-bearing balances
  • $11,791Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $74,811Net loans & leases
  • $1,579Loan loss allowance
  • $0Trading account assets
  • $648Bank premises and fixed assets
  • $963Other real estate owned
  • $0Goodwill and other intangibles
  • $111,033Life insurance assets
  • $6,478All other assets
  • $100,600Total liabilities and capital
  • $92,040Total liabilities
  • $80,477Total deposits
  • $92,040Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $1,560Subordinated debt
  • $10,433All other liabilities
  • $10,433Total equity capital
  • $10,433Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $2,694Surplus
  • $7,139Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,670Income earned, not collected on loans
  • $0Earning assets
  • $945Long-term assets (5+ years)
  • $94,846Average Assets, year-to-date
  • $25,763Average Assets, quarterly
  • $110,590Volatile liabilities
  • $107,875Insider loans
  • $76,181FHLB advances
  • $106,818Loans and leases held for sale
  • $3,694Unused loan commitments
  • $3,694Tier 1 (core) risk-based capital
  • $10,181Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,168Restructured Loans and leases
  • $4,348Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,744Total interest income
  • $1,828Total interest expense
  • $3,916Net interest income
  • $1,155Provision for loan and lease losses
  • $425Total noninterest income
  • $0Fiduciary activities
  • $232Service charges on deposit accounts
  • $0Trading account gains & fees
  • $193Additional noninterest income
  • $2,567Total noninterest expense
  • $1,367Salaries and employee benefits
  • $326Premises and equipment expense
  • $874Additional noninterest expense
  • $619Pre-tax net operating income
  • $21Securities gains (losses)
  • $113Applicable income taxes
  • $527Income before extraordinary items
  • $0Extraordinary gains - net
  • $527Net income attributable to bank
  • $0Net charge-offs
  • $527Cash dividends
  • $735Sale, conversion, retirement of capital stock, net
  • $90Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.29%Yield on earning assets
  • 2.00%Cost of funding earning assets
  • 4.29%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 5.23%Return on equity (ROE)
  • 4.34%Retained earnings to average equity (YTD only)
  • 0.94%Net charge-offs to loans
  • 157.14%Credit loss provision to net charge-offs
  • 2.41%Efficiency ratio
  • 59,134Assets per employee
  • 5.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.08%Loss allowance to loans
  • 2.07%Loss allowance to noncurrent loans
  • 94.55%Noncurrent assets plus other real estate owned to assets
  • 2.37%Noncurrent loans to loans
  • 2.19%Net loans and leases to deposits
  • 81.28%Net loans and leases to core deposits
  • 91.00%Equity capital to assets
  • 9.40%Core capital (leverage) ratio
  • 9.53%Tier 1 risk-based capital ratio
  • 13.36%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $110,590Average earning assets
  • $10,075Average equity
  • $91,258Average loans

List of branches

  • 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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Citizens National Bank of Quitman.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents