Citizens Bank in Coldwater, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1993

Citizens Bank in Coldwater, Mississippi (MS)
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Citizens Bank - Overview

General
FDIC Certificate #: 11433
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Sycamore Bank (#11423)
Federal Reserve ID: 671642
Date Established: May 02, 1927
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 7302
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 1993
Last Structure Change Process Date: January 07, 1993
Last Data Update: January 07, 1993
Data Source Date: April 05, 2012
Location
Address: Main Street, Coldwater, MS 38618
County: Tate
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Memphis, TN-MS-AR (#32820)
CBSA Metro Statistical Area: Memphis, TN-MS-AR (#32820)
Financial Summary
Total assets: $25.6 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$25,609Cash and due from depository institutions
$1,941Interest-bearing balances
$0Securities
$13,293Federal funds sold & reverse repurchase agreements
$4,150Net loans & leases
$5,614Loan loss allowance
$192Trading account assets
$0Bank premises and fixed assets
$213Other real estate owned
$78Goodwill and other intangibles
$320Life insurance assets
$0All other assets
$0Total liabilities and capital
$25,609Total liabilities
$23,742Total deposits
$23,614Interest-bearing deposits
$21,456Deposits held in domestic offices
23614.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$128Total equity capital
$128Total bank equity capital
$1,867Perpetual preferred stock
$0Common stock
$180Surplus
$1,430Undivided profits
Memoranda
$257Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$95Income earned, not collected on loans
$158Earning assets
$23,057Long-term assets (5+ years)
$4,343Average Assets, year-to-date
$24,797Average Assets, quarterly
$25,304Volatile liabilities
$2,608Insider loans
$40FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,867Total risk weighted assets
$8,327Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,649Total interest expense
$879Net interest income
$770Provision for loan and lease losses
$90Total noninterest income
$160Fiduciary activities
$0Service charges on deposit accounts
$141Trading account gains & fees
$0Additional noninterest income
$19Total noninterest expense
$713Salaries and employee benefits
$402Premises and equipment expense
$70Additional noninterest expense
$241Pre-tax net operating income
$127Securities gains (losses)
$2Applicable income taxes
$0Income before extraordinary items
$129Extraordinary gains - net
$0Net income attributable to bank
$129Net charge-offs
$43Cash dividends
$63Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.45%Cost of funding earning assets
3.97%Net interest margin
3.48%Noninterest income to earning assets
0.72%Noninterest expense to earning assets
3.22%Net operating income to assets
0.51%Return on assets (ROA)
0.52%Pretax return on assets
0.52%Return on equity (ROE)
6.88%Retained earnings to average equity (YTD only)
3.52%Net charge-offs to loans
0.65%Credit loss provision to net charge-offs
209.30%Efficiency ratio
76,667Assets per employee
1.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.84%Loss allowance to loans
3.31%Loss allowance to noncurrent loans
202.11%Noncurrent assets plus other real estate owned to assets
0.77%Noncurrent loans to loans
1.64%Net loans and leases to deposits
23.77%Net loans and leases to core deposits
26.73%Equity capital to assets
7.29%Core capital (leverage) ratio
7.42%Tier 1 risk-based capital ratio
22.42%Total risk-based capital ratio
Memoranda
$24Average assets
$24,797Average earning assets
$1,875Average equity
$22,134Average loans

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