Citizens Federal Savings Bank in Rockwood, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 29, 1994

Citizens Federal Savings Bank in Rockwood, Tennessee (TN)
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Citizens Federal Savings Bank - Overview

General
FDIC Certificate #: 29131
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Trans Financial Bank, FSB (#30772)
Federal Reserve ID: 819574
Date Established: September 01, 1934
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 2963
FDIC's unique #: 41965
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: October 11, 1934
Last Structure Change Effective Date: July 29, 1994
Last Structure Change Process Date: November 14, 1994
Last Data Update: November 14, 1994
Data Source Date: April 05, 2012
Location
Address: 134 North Gateway Ave, Rockwood, TN 37854
County: Roane
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Combined Statistical Area (CSA): Knoxville-Sevierville-La Follette, TN (#314)
Core Based Statistical Area (CBSA): Harriman, TN (#25340)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $50.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$24Total assets
$50,770Cash and due from depository institutions
$3,812Interest-bearing balances
$3,689Securities
$16,524Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$28,017Loan loss allowance
$358Trading account assets
$0Bank premises and fixed assets
$673Other real estate owned
$905Goodwill and other intangibles
$839Life insurance assets
$0All other assets
$0Total liabilities and capital
$50,770Total liabilities
$47,275Total deposits
$47,027Interest-bearing deposits
$47,027Deposits held in domestic offices
47027.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$248Total equity capital
$248Total bank equity capital
$3,495Perpetual preferred stock
$0Common stock
$1Surplus
$893Undivided profits
Memoranda
$2,601Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$215Income earned, not collected on loans
$163Earning assets
$48,230Long-term assets (5+ years)
$0Average Assets, year-to-date
$49,166Average Assets, quarterly
$50,274Volatile liabilities
$2,465Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,109Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,495Total risk weighted assets
$23,354Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,478Total interest expense
$1,978Net interest income
$1,500Provision for loan and lease losses
$41Total noninterest income
$562Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$562Total noninterest expense
$1,402Salaries and employee benefits
$621Premises and equipment expense
$322Additional noninterest expense
$459Pre-tax net operating income
$619Securities gains (losses)
-$2Applicable income taxes
$233Income before extraordinary items
$384Extraordinary gains - net
$0Net income attributable to bank
$384Net charge-offs
$22Cash dividends
$0Sale, conversion, retirement of capital stock, net
$894Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.49%Cost of funding earning assets
4.26%Net interest margin
3.23%Noninterest income to earning assets
1.21%Noninterest expense to earning assets
3.02%Net operating income to assets
0.78%Return on assets (ROA)
0.78%Pretax return on assets
1.25%Return on equity (ROE)
13.30%Retained earnings to average equity (YTD only)
13.30%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
186.36%Efficiency ratio
67,992Assets per employee
2.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
166.51%Noncurrent assets plus other real estate owned to assets
2.21%Noncurrent loans to loans
0.76%Net loans and leases to deposits
59.58%Net loans and leases to core deposits
62.87%Equity capital to assets
6.88%Core capital (leverage) ratio
6.88%Tier 1 risk-based capital ratio
14.97%Total risk-based capital ratio
Memoranda
$16Average assets
$49,166Average earning assets
$2,887Average equity
$46,429Average loans

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