Citizens Bank & Trust in Evans, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1994

Citizens Bank & Trust in Evans, Georgia (GA)
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Citizens Bank & Trust - Overview

General
FDIC Certificate #: 27353
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Allied Bank of Georgia (#163)
Federal Reserve ID: 1218455
Date Established: October 07, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 39627
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: October 07, 1988
Last Structure Change Effective Date: October 01, 1994
Last Structure Change Process Date: October 19, 1994
Last Data Update: October 19, 1994
Data Source Date: April 05, 2012
Location
Address: 4385 Washington Road, Evans, GA 30809
County: Columbia
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Atlanta
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Augusta-Aiken, GA-SC (#600)
Core Based Statistical Area (CBSA): Augusta-Richmond County, GA-SC (#12260)
CBSA Metro Statistical Area: Augusta-Richmond County, GA-SC (#12260)
Financial Summary
Total assets: $67.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$26Total assets
$75,334Cash and due from depository institutions
$2,956Interest-bearing balances
$0Securities
$12,423Federal funds sold & reverse repurchase agreements
$3,540Net loans & leases
$53,308Loan loss allowance
$549Trading account assets
$0Bank premises and fixed assets
$2,293Other real estate owned
$0Goodwill and other intangibles
$814Life insurance assets
$0All other assets
$0Total liabilities and capital
$75,334Total liabilities
$67,764Total deposits
$63,213Interest-bearing deposits
$55,510Deposits held in domestic offices
63213.00%% insured (estimated)
$81Federal funds purchased & repurchase agreements
$3,877Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$674Total equity capital
$674Total bank equity capital
$7,570Perpetual preferred stock
$0Common stock
$3,303Surplus
$2,518Undivided profits
Memoranda
$1,749Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$525Income earned, not collected on loans
$534Earning assets
$69,271Long-term assets (5+ years)
$4,596Average Assets, year-to-date
$61,984Average Assets, quarterly
$70,650Volatile liabilities
$20,021Insider loans
$1,316FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,278Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,570Total risk weighted assets
$53,226Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,575Total interest expense
$1,850Net interest income
$2,725Provision for loan and lease losses
$334Total noninterest income
$302Fiduciary activities
$0Service charges on deposit accounts
$243Trading account gains & fees
$0Additional noninterest income
$59Total noninterest expense
$1,473Salaries and employee benefits
$726Premises and equipment expense
$208Additional noninterest expense
$539Pre-tax net operating income
$1,220Securities gains (losses)
$18Applicable income taxes
$421Income before extraordinary items
$817Extraordinary gains - net
$0Net income attributable to bank
$817Net charge-offs
$171Cash dividends
$330Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.02%Cost of funding earning assets
3.24%Net interest margin
4.78%Noninterest income to earning assets
0.53%Noninterest expense to earning assets
2.58%Net operating income to assets
1.30%Return on assets (ROA)
1.32%Pretax return on assets
2.00%Return on equity (ROE)
11.22%Retained earnings to average equity (YTD only)
6.69%Net charge-offs to loans
0.38%Credit loss provision to net charge-offs
195.32%Efficiency ratio
48,662Assets per employee
2.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.39%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
104.57%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.97%Net loans and leases to deposits
84.33%Net loans and leases to core deposits
113.26%Equity capital to assets
10.05%Core capital (leverage) ratio
10.66%Tier 1 risk-based capital ratio
14.22%Total risk-based capital ratio
Memoranda
$15Average assets
$61,984Average earning assets
$7,282Average equity
$57,045Average loans

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