Citizens Bank Wakulla in Crawfordville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 08, 2006

Citizens Bank Wakulla in Crawfordville, Florida (FL)
Show street view No street view available for this location

Citizens Bank Wakulla - Overview

General
FDIC Certificate #: 27067
Status: Inactive
Closing history: Office Sold
Acquiring institution: Heritage Bank of the South (#50028)
Federal Reserve ID: 1156874
Date Established: October 13, 1987
WWW: http://www.amerisbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 38670
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: October 13, 1987
Last Structure Change Effective Date: August 08, 2006
Last Structure Change Process Date: October 27, 2006
Last Data Update: October 27, 2006
Data Source Date: April 05, 2012
Location
Address: 2628 Crawfordville Highway, Crawfordville, FL 32326
County: Wakulla
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Gainesville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
CBSA Metro Statistical Area: Tallahassee, FL (#45220)
History of Changes
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $82.8 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, 2005)

Dollar figures in thousands
23Total employees (full-time equivalent)
$72,758Total assets
$1,672Cash and due from depository institutions
$328Interest-bearing balances
$17,761Securities
$0Federal funds sold & reverse repurchase agreements
$43,011Net loans & leases
$793Loan loss allowance
$0Trading account assets
$2,226Bank premises and fixed assets
$0Other real estate owned
$6,856Goodwill and other intangibles
$0Life insurance assets
$1,232All other assets
$72,758Total liabilities and capital
$61,184Total liabilities
$56,668Total deposits
$51,608Interest-bearing deposits
$56,668Deposits held in domestic offices
0.00%% insured (estimated)
$3,290Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$726All other liabilities
$11,574Total equity capital
$11,574Total bank equity capital
$11,574Perpetual preferred stock
$0Common stock
$1,200Surplus
$9,963Undivided profits
Memoranda
$411Noncurrent loans and leases
$8,782Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$414Earning assets
$0Long-term assets (5+ years)
$350Average Assets, year-to-date
$61,100Average Assets, quarterly
$8,047Volatile liabilities
$70,462Insider loans
$73,601FHLB advances
$13,701Loans and leases held for sale
$922Unused loan commitments
$500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,782Total unused commitments
$0Restructured Loans and leases
$603Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$3,843Total interest income
$1,093Total interest expense
$2,750Net interest income
$260Provision for loan and lease losses
$746Total noninterest income
$0Fiduciary activities
$689Service charges on deposit accounts
$0Trading account gains & fees
$57Additional noninterest income
$1,963Total noninterest expense
$1,045Salaries and employee benefits
$262Premises and equipment expense
$656Additional noninterest expense
$1,273Pre-tax net operating income
$0Securities gains (losses)
$535Applicable income taxes
$738Income before extraordinary items
$0Extraordinary gains - net
$738Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$177Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.54%Yield on earning assets
1.86%Cost of funding earning assets
4.68%Net interest margin
1.27%Noninterest income to earning assets
3.34%Noninterest expense to earning assets
1.05%Net operating income to assets
1.05%Return on assets (ROA)
1.81%Pretax return on assets
6.55%Return on equity (ROE)
6.55%Retained earnings to average equity (YTD only)
0.51%Net charge-offs to loans
146.89%Credit loss provision to net charge-offs
8.66%Efficiency ratio
51,144Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.81%Loss allowance to noncurrent loans
191.55%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.95%Net loans and leases to deposits
75.90%Net loans and leases to core deposits
92.98%Equity capital to assets
15.91%Core capital (leverage) ratio
7.76%Tier 1 risk-based capital ratio
10.54%Total risk-based capital ratio
Memoranda
$12Average assets
$70,462Average earning assets
$11,266Average equity
$58,741Average loans

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 Citizens Bank Wakulla.
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.