Citizens Bank of Cumberland County, Inc. - Overview
General
FDIC Certificate #: 35442 Status: Active Federal Reserve ID: 2921622 Bank Holding Company (Regulatory Top Holder): Citizens Cumberland Bancshares, Inc. (RSSDID: 3110012, Location: Burkesville, KY) Date Established: July 01, 2000 WWW:http://www.cbcconline.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 #: 80041 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: July 01, 2000 Last Structure Change Effective Date: August 12, 2009 Last Structure Change Process Date: August 12, 2009 Last Data Update: August 12, 2009 Data Source Date: April 05, 2012
Location
Address: 209 Keen Street, Burkesville, KY 42717 County: Cumberland Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Elizabethtown Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $73.5 mil Equity capital: $7.9 mil Deposits held in domestic offices: $60.8 mil Return on assets (ROA): 1.12% ($0.8 mil) Quarterly return on assets: 1.33% ($1.0 mil) Return on Equity (ROE): 10.88% ($0.9 mil) Quarterly return on equity: 12.67% ($1.0 mil) Net income: $0.8 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.12% ($823.7 mil) Quarterly Pretax return on assets: 1.33% ($978.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$73,545Total assets
$1,774Cash and due from depository institutions
$124Interest-bearing balances
$6,917Securities
$4,700Federal funds sold & reverse repurchase agreements
$57,771Net loans & leases
$770Loan loss allowance
$0Trading account assets
$714Bank premises and fixed assets
$281Other real estate owned
$0Goodwill and other intangibles
$73,545Life insurance assets
$1,388All other assets
$65,651Total liabilities and capital
$60,796Total liabilities
$53,107Total deposits
$60,796Interest-bearing deposits
$97Deposits held in domestic offices
392.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,219Trading liabilities
$0Other borrowed funds
$244Subordinated debt
$7,894All other liabilities
$7,894Total equity capital
$7,894Total bank equity capital
$0Perpetual preferred stock
$2,150Common stock
$3,350Surplus
$2,394Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$983Income earned, not collected on loans
$0Earning assets
$489Long-term assets (5+ years)
$69,512Average Assets, year-to-date
$23,584Average Assets, quarterly
$75,636Volatile liabilities
$74,430Insider loans
$53,090FHLB advances
$74,456Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,829Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,419Restructured Loans and leases
$779Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,954Total interest income
$912Total interest expense
$3,042Net interest income
$539Provision for loan and lease losses
$298Total noninterest income
$0Fiduciary activities
$291Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$1,955Total noninterest expense
$921Salaries and employee benefits
$161Premises and equipment expense
$873Additional noninterest expense
$846Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$846Income before extraordinary items
$0Extraordinary gains - net
$846Net income attributable to bank
$0Net charge-offs
$846Cash dividends
$945Sale, conversion, retirement of capital stock, net
$685Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.54%Yield on earning assets
1.28%Cost of funding earning assets
4.27%Net interest margin
0.42%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
1.12%Net operating income to assets
1.12%Return on assets (ROA)
1.12%Pretax return on assets
10.88%Return on equity (ROE)
2.07%Retained earnings to average equity (YTD only)
1.55%Net charge-offs to loans
57.04%Credit loss provision to net charge-offs
1.47%Efficiency ratio
58,533Assets per employee
3.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.97%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
78.33%Noncurrent assets plus other real estate owned to assets
1.72%Noncurrent loans to loans
1.68%Net loans and leases to deposits
95.02%Net loans and leases to core deposits
99.69%Equity capital to assets
10.73%Core capital (leverage) ratio
10.51%Tier 1 risk-based capital ratio
14.75%Total risk-based capital ratio
Memoranda
$16Average assets
$75,636Average earning assets
$7,773Average equity
$71,313Average loans
List of branches
1 Kentucky Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
80041
Citizens Bank Of Cumberland County, Inc.
209 Keen Street, Burkesville, KY 42717
July 01, 2000
Full Service Brick and Mortar
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