Citizens Security Bank in Tifton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 11, 2006

  • Citizens Security Bank in Tifton, Georgia (GA)
  • Show street view No street view available for this location

Citizens Security Bank - Overview

  • General
  • FDIC Certificate #: 16987
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Ameris Bank (#20504)
    Federal Reserve ID: 439833
    Date Established: July 02, 1945
    WWW: http://www.amerisbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 12467
    FDIC's unique #: 11060
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 23, 1951
    Last Structure Change Effective Date: Febuary 11, 2006
    Last Structure Change Process Date: Febuary 16, 2006
    Last Data Update: Febuary 16, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 735 West Second Street, Tifton, GA 31794
    County: Tift
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Tifton, GA (#45700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $183.6 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, 2005)

  • Dollar figures in thousands
  • 60Total employees (full-time equivalent)
  • $183,563Total assets
  • $7,157Cash and due from depository institutions
  • $1,782Interest-bearing balances
  • $33,928Securities
  • $3,250Federal funds sold & reverse repurchase agreements
  • $129,556Net loans & leases
  • $2,064Loan loss allowance
  • $0Trading account assets
  • $4,313Bank premises and fixed assets
  • $0Other real estate owned
  • $2,350Goodwill and other intangibles
  • $0Life insurance assets
  • $3,009All other assets
  • $183,563Total liabilities and capital
  • $166,744Total liabilities
  • $150,954Total deposits
  • $127,594Interest-bearing deposits
  • $150,954Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,443Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $13,400Other borrowed funds
  • $0Subordinated debt
  • $947All other liabilities
  • $16,819Total equity capital
  • $16,819Total bank equity capital
  • $16,819Perpetual preferred stock
  • $0Common stock
  • $825Surplus
  • $12,105Undivided profits
  • Memoranda
  • $3,889Noncurrent loans and leases
  • $18,802Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $318Earning assets
  • $0Long-term assets (5+ years)
  • $1,471Average Assets, year-to-date
  • $168,516Average Assets, quarterly
  • $14,386Volatile liabilities
  • $173,501Insider loans
  • $181,967FHLB advances
  • $35,903Loans and leases held for sale
  • $6,012Unused loan commitments
  • $13,400Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,802Total unused commitments
  • $0Restructured Loans and leases
  • $1,734Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $11,174Total interest income
  • $2,958Total interest expense
  • $8,216Net interest income
  • -$16Provision for loan and lease losses
  • $1,964Total noninterest income
  • $0Fiduciary activities
  • $1,652Service charges on deposit accounts
  • $0Trading account gains & fees
  • $312Additional noninterest income
  • $5,470Total noninterest expense
  • $2,585Salaries and employee benefits
  • $424Premises and equipment expense
  • $2,461Additional noninterest expense
  • $4,726Pre-tax net operating income
  • -$20Securities gains (losses)
  • $1,628Applicable income taxes
  • $3,078Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,078Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $37Sale, conversion, retirement of capital stock, net
  • $2,550Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.03%Yield on earning assets
  • 1.86%Cost of funding earning assets
  • 5.17%Net interest margin
  • 1.24%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 1.78%Net operating income to assets
  • 1.77%Return on assets (ROA)
  • 2.71%Pretax return on assets
  • 19.38%Return on equity (ROE)
  • 3.33%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • -43.24%Credit loss provision to net charge-offs
  • 127.30%Efficiency ratio
  • 53,733Assets per employee
  • 3.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.85%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 649.06%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 85.82%Net loans and leases to core deposits
  • 111.21%Equity capital to assets
  • 9.16%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 10.68%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $173,501Average earning assets
  • $15,879Average equity
  • $158,964Average loans

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