The Citizens State Bank of Cheney, Kansas - Overview
General
FDIC Certificate #: 9658 Status: Active Federal Reserve ID: 924254 Bank Holding Company (Regulatory Top Holder): Citizens State Bancshares, Inc. (RSSDID: 2146395, Location: Cheney, KS) Date Established: January 01, 1884 WWW:http://www.csbcheneyks.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6177 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: Yes 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: September 28, 2010 Last Data Update: September 28, 2010 Data Source Date: April 05, 2012
Location
Address: 306 North Main Street, Cheney, KS 67025 County: Sedgwick Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Wichita Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Wichita, KS (#9040) Combined Statistical Area (CSA): Wichita-Winfield, KS (#556) Core Based Statistical Area (CBSA): Wichita, KS (#48620) CBSA Metro Statistical Area: Wichita, KS (#48620)
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $51.2 mil Equity capital: $6.8 mil Deposits held in domestic offices: $44.4 mil Return on assets (ROA): 2.25% ($1.1 mil) Quarterly return on assets: 2.00% ($1.0 mil) Return on Equity (ROE): 16.96% ($1.2 mil) Quarterly return on equity: 15.16% ($1.1 mil) Net income: $1.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 2.33% ($1,193.7 mil) Quarterly Pretax return on assets: 2.07% ($1,060.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$51,231Total assets
$1,828Cash and due from depository institutions
$10Interest-bearing balances
$13,174Securities
$3,292Federal funds sold & reverse repurchase agreements
$31,914Net loans & leases
$639Loan loss allowance
$0Trading account assets
$326Bank premises and fixed assets
$0Other real estate owned
$73Goodwill and other intangibles
$51,231Life insurance assets
$624All other assets
$44,399Total liabilities and capital
$44,361Total liabilities
$33,340Total deposits
$44,361Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$38Subordinated debt
$6,832All other liabilities
$6,832Total equity capital
$6,832Total bank equity capital
$0Perpetual preferred stock
$250Common stock
$2,935Surplus
$3,647Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$36Income earned, not collected on loans
$0Earning assets
$368Long-term assets (5+ years)
$48,390Average Assets, year-to-date
$16,201Average Assets, quarterly
$50,148Volatile liabilities
$51,918Insider loans
$32,649FHLB advances
$52,528Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,399Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,408Restructured Loans and leases
$1,117Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,647Total interest income
$296Total interest expense
$2,351Net interest income
$180Provision for loan and lease losses
$340Total noninterest income
$0Fiduciary activities
$256Service charges on deposit accounts
$0Trading account gains & fees
$84Additional noninterest income
$1,357Total noninterest expense
$752Salaries and employee benefits
$131Premises and equipment expense
$474Additional noninterest expense
$1,154Pre-tax net operating income
$14Securities gains (losses)
$38Applicable income taxes
$1,130Income before extraordinary items
$0Extraordinary gains - net
$1,130Net income attributable to bank
$0Net charge-offs
$1,130Cash dividends
$18Sale, conversion, retirement of capital stock, net
$839Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.59%Yield on earning assets
0.63%Cost of funding earning assets
4.97%Net interest margin
0.72%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
2.23%Net operating income to assets
2.25%Return on assets (ROA)
2.33%Pretax return on assets
16.96%Return on equity (ROE)
4.37%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
1000.00%Credit loss provision to net charge-offs
74.11%Efficiency ratio
50,427Assets per employee
3.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.25%Loss allowance to loans
1.96%Loss allowance to noncurrent loans
1775.00%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.11%Net loans and leases to deposits
71.94%Net loans and leases to core deposits
80.80%Equity capital to assets
13.34%Core capital (leverage) ratio
12.18%Tier 1 risk-based capital ratio
19.60%Total risk-based capital ratio
Memoranda
$21Average assets
$50,148Average earning assets
$6,663Average equity
$47,314Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6177
The Citizens State Bank Of Cheney, Kansas
306 North Main Street, Cheney, KS 67025
January 01, 1884
Full 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 State Bank of Cheney, Kansas.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: