Citizens Bank & Trust Co. of Jackson in Jackson, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Citizens Bank & Trust Co. of Jackson in Jackson, Kentucky (KY)
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Citizens Bank & Trust Co. of Jackson routing number info

Citizens Bank & Trust Co. of Jackson - Overview

  • General
  • FDIC Certificate #: 18620
    Status: Active
    Federal Reserve ID: 765318
    Bank Holding Company (Regulatory Top Holder): John R Turner Holding Company (RSSDID: 2753869, Location: Jackson, KY)
    Date Established: November 17, 1962
    WWW: http://www.citizensbankjackson.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 9139
    FDIC's unique #: 12505
    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: November 17, 1962
    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: 720 Hwy, 15 South, Jackson, KY 41339
    County: Breathitt
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $127.4 mil
    Equity capital: $13.8 mil
    Deposits held in domestic offices: $109.4 mil
    Return on assets (ROA): 0.66% ($0.8 mil)
    Quarterly return on assets: -0.34% (-$0.4 mil)
    Return on Equity (ROE): 5.66% ($0.8 mil)
    Quarterly return on equity: -3.01% (-$0.4 mil)
    Net income: $0.8 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.66% ($841.1 mil)
    Quarterly Pretax return on assets: -0.34% (-$433.3 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
  • 42Total employees (full-time equivalent)
  • $127,445Total assets
  • $3,195Cash and due from depository institutions
  • $334Interest-bearing balances
  • $10,078Securities
  • $7,178Federal funds sold & reverse repurchase agreements
  • $94,661Net loans & leases
  • $589Loan loss allowance
  • $0Trading account assets
  • $3,390Bank premises and fixed assets
  • $374Other real estate owned
  • $2,170Goodwill and other intangibles
  • $127,445Life insurance assets
  • $6,399All other assets
  • $113,640Total liabilities and capital
  • $109,381Total liabilities
  • $96,644Total deposits
  • $109,381Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,252Trading liabilities
  • $0Other borrowed funds
  • $1,007Subordinated debt
  • $13,805All other liabilities
  • $13,805Total equity capital
  • $13,805Total bank equity capital
  • $0Perpetual preferred stock
  • $310Common stock
  • $12,469Surplus
  • $1,026Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $479Income earned, not collected on loans
  • $0Earning assets
  • $531Long-term assets (5+ years)
  • $112,251Average Assets, year-to-date
  • $28,722Average Assets, quarterly
  • $121,429Volatile liabilities
  • $124,793Insider loans
  • $100,765FHLB advances
  • $124,823Loans and leases held for sale
  • $3,928Unused loan commitments
  • $1,544Tier 1 (core) risk-based capital
  • $11,632Tier 2 risk-based capital
  • $2,384Total risk weighted assets
  • $0Total unused commitments
  • $12,534Restructured Loans and leases
  • $4,700Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,201Total interest income
  • $1,363Total interest expense
  • $4,838Net interest income
  • $596Provision for loan and lease losses
  • $1,510Total noninterest income
  • $25Fiduciary activities
  • $888Service charges on deposit accounts
  • $0Trading account gains & fees
  • $597Additional noninterest income
  • $4,952Total noninterest expense
  • $2,585Salaries and employee benefits
  • $801Premises and equipment expense
  • $1,566Additional noninterest expense
  • $800Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $800Income before extraordinary items
  • $0Extraordinary gains - net
  • $800Net income attributable to bank
  • $0Net charge-offs
  • $800Cash dividends
  • $486Sale, conversion, retirement of capital stock, net
  • $1,400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.82%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.54%Net interest margin
  • 1.42%Noninterest income to earning assets
  • 4.65%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 5.66%Return on equity (ROE)
  • -4.25%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 122.63%Credit loss provision to net charge-offs
  • 2.87%Efficiency ratio
  • 77,867Assets per employee
  • 3.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 175.00%Loss allowance to loans
  • 0.62%Loss allowance to noncurrent loans
  • 122.96%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 86.54%Net loans and leases to core deposits
  • 97.82%Equity capital to assets
  • 10.83%Core capital (leverage) ratio
  • 9.32%Tier 1 risk-based capital ratio
  • 11.54%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $121,429Average earning assets
  • $14,129Average equity
  • $106,538Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7,228Managed Assets
  • 1Number of Accounts
  • $3,080Personal trust and agency accounts
  • $2,715Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $10Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $355Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 68Number of Accounts
  • $0Personal trust and agency accounts
  • $10Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,148Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $4,142Fiduciary accounts held in foreign offices

List of branches

  • 2 Kentucky Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    012505Citizens Bank & Trust Co. Of Jackson720 Hwy, 15 South, Jackson, KY 41339November 17, 1962Full Service Brick and Mortar
    12459101138 Main Street Branch1138 Main Street Branch, Jackson, KY 41339January 15, 1973Full Service Brick and Mortar

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