Citizens Bank of Washington County in Sandersville, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Citizens Bank of Washington County in Sandersville, Georgia (GA)
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Citizens Bank of Washington County routing number info

Citizens Bank of Washington County - Overview

  • General
  • FDIC Certificate #: 19420
    Status: Active
    Federal Reserve ID: 367431
    Date Established: May 03, 1965
    WWW: http://www.cbwc.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 13289
    FDIC's unique #: 13223
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 03, 1965
    Last Structure Change Effective Date: March 30, 2009
    Last Structure Change Process Date: April 02, 2009
    Last Data Update: April 02, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 132 South Harris Street, Sandersville, GA 31082
    County: Washington
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Savannah
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Change in Location
  • Financial Summary
  • Total assets: $228.8 mil
    Equity capital: $20.0 mil
    Deposits held in domestic offices: $191.2 mil
    Return on assets (ROA): 0.29% ($0.7 mil)
    Quarterly return on assets: 0.35% ($0.8 mil)
    Return on Equity (ROE): 3.48% ($0.7 mil)
    Quarterly return on equity: 4.12% ($0.8 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.50% ($1,144.1 mil)
    Quarterly Pretax return on assets: 0.80% ($1,830.5 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
  • 64Total employees (full-time equivalent)
  • $228,812Total assets
  • $25,927Cash and due from depository institutions
  • $22,625Interest-bearing balances
  • $40,167Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $151,189Net loans & leases
  • $1,724Loan loss allowance
  • $0Trading account assets
  • $8,599Bank premises and fixed assets
  • $303Other real estate owned
  • $0Goodwill and other intangibles
  • $228,812Life insurance assets
  • $2,627All other assets
  • $208,781Total liabilities and capital
  • $191,231Total liabilities
  • $168,546Total deposits
  • $191,231Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 17203.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $347Subordinated debt
  • $20,031All other liabilities
  • $20,031Total equity capital
  • $20,031Total bank equity capital
  • $0Perpetual preferred stock
  • $10,381Common stock
  • $7,180Surplus
  • $2,470Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,079Income earned, not collected on loans
  • $0Earning assets
  • $1,058Long-term assets (5+ years)
  • $213,981Average Assets, year-to-date
  • $16,769Average Assets, quarterly
  • $235,671Volatile liabilities
  • $235,190Insider loans
  • $150,453FHLB advances
  • $236,354Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,998Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,388Restructured Loans and leases
  • $4,819Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,219Total interest income
  • $3,196Total interest expense
  • $8,023Net interest income
  • $1,351Provision for loan and lease losses
  • $1,142Total noninterest income
  • $0Fiduciary activities
  • $777Service charges on deposit accounts
  • $0Trading account gains & fees
  • $365Additional noninterest income
  • $6,726Total noninterest expense
  • $3,568Salaries and employee benefits
  • $964Premises and equipment expense
  • $2,194Additional noninterest expense
  • $1,088Pre-tax net operating income
  • $95Securities gains (losses)
  • $497Applicable income taxes
  • $686Income before extraordinary items
  • $0Extraordinary gains - net
  • $686Net income attributable to bank
  • $0Net charge-offs
  • $686Cash dividends
  • $1,538Sale, conversion, retirement of capital stock, net
  • $104Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 1.45%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 3.06%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 3.48%Return on equity (ROE)
  • 2.95%Retained earnings to average equity (YTD only)
  • 0.99%Net charge-offs to loans
  • 87.84%Credit loss provision to net charge-offs
  • 1.59%Efficiency ratio
  • 73,388Assets per employee
  • 3.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.16%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 42.27%Noncurrent assets plus other real estate owned to assets
  • 1.92%Noncurrent loans to loans
  • 2.67%Net loans and leases to deposits
  • 79.06%Net loans and leases to core deposits
  • 83.78%Equity capital to assets
  • 8.75%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 13.29%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $235,671Average earning assets
  • $19,721Average equity
  • $219,961Average loans

List of branches

  • 3 Georgia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    013223Citizens Bank Of Washington County132 South Harris Street, Sandersville, GA 31082May 03, 1965Full Service Brick and Mortar
    1248233Southside Branch818 South Harris Street, Sandersville, GA 31082March 30, 1972Full Service Brick and Mortar
    2468311Citizens Bank Of Bulloch CountyCommerce Drive, Statesboro, GA 30461July 11, 2007Full Service Brick and Mortar

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