Citizens Federal Savings Bank of Port St. Joe in Port Saint Joe, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 16, 2002

  • Citizens Federal Savings Bank of Port St. Joe in Port Saint Joe, Florida (FL)
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Citizens Federal Savings Bank of Port St. Joe - Overview

  • General
  • FDIC Certificate #: 30920
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: Superior Bank (#17750)
    Federal Reserve ID: 952976
    Date Established: December 18, 1956
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6115
    FDIC's unique #: 43754
    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: December 18, 1956
    Last Structure Change Effective Date: Febuary 16, 2002
    Last Structure Change Process Date: March 07, 2002
    Last Data Update: March 07, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 Fifth St, Port Saint Joe, FL 32456
    County: Gulf
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Merger - Without Assistance
    Change in Location
  • Financial Summary
  • Total assets: $101.9 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, 2001)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $101,903Total assets
  • $5,520Cash and due from depository institutions
  • $2,411Interest-bearing balances
  • $2,586Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $88,814Net loans & leases
  • $339Loan loss allowance
  • $0Trading account assets
  • $2,330Bank premises and fixed assets
  • $56Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,597All other assets
  • $101,903Total liabilities and capital
  • $93,919Total liabilities
  • $76,881Total deposits
  • $71,540Interest-bearing deposits
  • $76,881Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $16,250Other borrowed funds
  • $0Subordinated debt
  • $788All other liabilities
  • $7,984Total equity capital
  • $7,984Total bank equity capital
  • $7,984Perpetual preferred stock
  • $0Common stock
  • $2Surplus
  • $1,584Undivided profits
  • Memoranda
  • $6,398Noncurrent loans and leases
  • $9,030Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $608Earning assets
  • $0Long-term assets (5+ years)
  • $551Average Assets, year-to-date
  • $93,811Average Assets, quarterly
  • $0Volatile liabilities
  • $100,635Insider loans
  • $103,269FHLB advances
  • $38,022Loans and leases held for sale
  • $0Unused loan commitments
  • $16,250Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,030Total unused commitments
  • $157Restructured Loans and leases
  • $339Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $7,772Total interest income
  • $4,438Total interest expense
  • $3,334Net interest income
  • $203Provision for loan and lease losses
  • $707Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $707Additional noninterest income
  • $2,211Total noninterest expense
  • $1,156Salaries and employee benefits
  • $669Premises and equipment expense
  • $386Additional noninterest expense
  • $1,627Pre-tax net operating income
  • $0Securities gains (losses)
  • $607Applicable income taxes
  • $1,020Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,020Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $153Sale, conversion, retirement of capital stock, net
  • $254Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.38%Yield on earning assets
  • 4.79%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.38%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 13.56%Return on equity (ROE)
  • 10.18%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 132.68%Credit loss provision to net charge-offs
  • 11.96%Efficiency ratio
  • 54,714Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.90%Loss allowance to loans
  • 0.38%Loss allowance to noncurrent loans
  • 55.76%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.68%Net loans and leases to deposits
  • 115.52%Net loans and leases to core deposits
  • 161.16%Equity capital to assets
  • 7.83%Core capital (leverage) ratio
  • 7.83%Tier 1 risk-based capital ratio
  • 11.81%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $100,635Average earning assets
  • $7,522Average equity
  • $92,738Average loans

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