FDIC Certificate #: 31900 Status: Active Federal Reserve ID: 851172 Date Established: January 01, 1907 WWW:http://www.cblgreer.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 7583 FDIC's unique #: 44734 Numeric code: 38 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: December 01, 1977 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 229 Trade Street, Greer, SC 29651 County: Greenville Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Columbia Sc Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Greenville-Spartanburg-Anderson, SC (#3160) Combined Statistical Area (CSA): Greenville-Spartanburg-Anderson, SC (#273) Core Based Statistical Area (CBSA): Greenville-Mauldin-Easley, SC (#24860) CBSA Metro Statistical Area: Greenville-Mauldin-Easley, SC (#24860)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $119.5 mil Equity capital: $22.3 mil Deposits held in domestic offices: $95.2 mil Return on assets (ROA): 0.50% ($0.6 mil) Quarterly return on assets: 0.97% ($1.2 mil) Return on Equity (ROE): 2.72% ($0.6 mil) Quarterly return on equity: 5.22% ($1.1 mil) Net income: $0.6 mil Quarterly Net income: $0.3 mil Pretax return on assets: 0.81% ($967.8 mil) Quarterly Pretax return on assets: 1.42% ($1,696.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$119,484Total assets
$5,926Cash and due from depository institutions
$5,853Interest-bearing balances
$26,209Securities
$0Federal funds sold & reverse repurchase agreements
$76,549Net loans & leases
$1,211Loan loss allowance
$0Trading account assets
$1,545Bank premises and fixed assets
$537Other real estate owned
$0Goodwill and other intangibles
$119,484Life insurance assets
$8,718All other assets
$97,178Total liabilities and capital
$95,221Total liabilities
$95,221Total deposits
$95,221Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,957Subordinated debt
$22,306All other liabilities
$22,306Total equity capital
$22,306Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$22,306Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,385Income earned, not collected on loans
$0Earning assets
$424Long-term assets (5+ years)
$108,611Average Assets, year-to-date
$0Average Assets, quarterly
$118,862Volatile liabilities
$119,404Insider loans
$70,763FHLB advances
$119,481Loans and leases held for sale
$5,993Unused loan commitments
$0Tier 1 (core) risk-based capital
$22,302Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,288Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,594Total interest income
$1,834Total interest expense
$3,760Net interest income
$842Provision for loan and lease losses
$244Total noninterest income
$0Fiduciary activities
$2Service charges on deposit accounts
$0Trading account gains & fees
$242Additional noninterest income
$2,202Total noninterest expense
$1,363Salaries and employee benefits
$314Premises and equipment expense
$525Additional noninterest expense
$960Pre-tax net operating income
$0Securities gains (losses)
$361Applicable income taxes
$599Income before extraordinary items
$0Extraordinary gains - net
$599Net income attributable to bank
$0Net charge-offs
$599Cash dividends
$1,110Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.19%Yield on earning assets
1.70%Cost of funding earning assets
3.49%Net interest margin
0.23%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
0.50%Net operating income to assets
0.50%Return on assets (ROA)
0.81%Pretax return on assets
2.72%Return on equity (ROE)
2.72%Retained earnings to average equity (YTD only)
1.40%Net charge-offs to loans
75.86%Credit loss provision to net charge-offs
1.62%Efficiency ratio
54,995Assets per employee
11.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
50.78%Noncurrent assets plus other real estate owned to assets
2.45%Noncurrent loans to loans
3.07%Net loans and leases to deposits
80.39%Net loans and leases to core deposits
80.39%Equity capital to assets
18.67%Core capital (leverage) ratio
18.67%Tier 1 risk-based capital ratio
31.52%Total risk-based capital ratio
Memoranda
$33Average assets
$118,862Average earning assets
$21,994Average equity
$107,858Average loans
List of branches
1 South Carolina Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
44734
Citizens Building And Loan Associati
229 Trade Street, Greer, SC 29651
January 01, 1907
Full Service Brick and Mortar
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 Building and Loan Association.
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.
Comment about this bank, ask questions, or add new information about it: