Citizens State Bank in city_name, state_name - Detailed Financial Reports, Location

Citizens State Bank in Sheldon, Iowa (IA)
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Citizens State Bank routing number info

Citizens State Bank - Overview

General
FDIC Certificate #: 18356
Status: Active
Federal Reserve ID: 413543
Bank Holding Company (Regulatory Top Holder): Dixon Bancshares, Inc. (RSSDID: 1969485, Location: Rolfe, IA)
Date Established: March 15, 1961
WWW: http://www.csbsheldon.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 13998
FDIC's unique #: 12269
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: March 15, 1961
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 808 Third Avenue, Sheldon, IA 51201
County: O'brien
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $105.3 mil
Equity capital: $12.3 mil
Deposits held in domestic offices: $91.0 mil
Return on assets (ROA): 1.70% ($1.8 mil)
Quarterly return on assets: 1.91% ($2.0 mil)
Return on Equity (ROE): 14.47% ($1.7 mil)
Quarterly return on equity: 16.27% ($2.0 mil)
Net income: $1.7 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.78% ($1,874.3 mil)
Quarterly Pretax return on assets: 1.99% ($2,095.4 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
25Total employees (full-time equivalent)
$105,297Total assets
$4,009Cash and due from depository institutions
$78Interest-bearing balances
$23,947Securities
$0Federal funds sold & reverse repurchase agreements
$73,261Net loans & leases
$860Loan loss allowance
$0Trading account assets
$867Bank premises and fixed assets
$249Other real estate owned
$1,495Goodwill and other intangibles
$105,297Life insurance assets
$1,469All other assets
$93,018Total liabilities and capital
$91,042Total liabilities
$70,716Total deposits
$91,042Interest-bearing deposits
$96Deposits held in domestic offices
1048.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$768Trading liabilities
$0Other borrowed funds
$160Subordinated debt
$12,279All other liabilities
$12,279Total equity capital
$12,279Total bank equity capital
$0Perpetual preferred stock
$320Common stock
$4,942Surplus
$7,017Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4Income earned, not collected on loans
$0Earning assets
$857Long-term assets (5+ years)
$97,286Average Assets, year-to-date
$45,475Average Assets, quarterly
$100,887Volatile liabilities
$103,659Insider loans
$75,143FHLB advances
$101,705Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,337Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,209Restructured Loans and leases
$3,232Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,460Total interest income
$765Total interest expense
$3,695Net interest income
$72Provision for loan and lease losses
$463Total noninterest income
$4Fiduciary activities
$122Service charges on deposit accounts
$0Trading account gains & fees
$337Additional noninterest income
$2,286Total noninterest expense
$1,579Salaries and employee benefits
$186Premises and equipment expense
$521Additional noninterest expense
$1,800Pre-tax net operating income
$0Securities gains (losses)
$85Applicable income taxes
$1,715Income before extraordinary items
$0Extraordinary gains - net
$1,715Net income attributable to bank
$0Net charge-offs
$1,715Cash dividends
$62Sale, conversion, retirement of capital stock, net
$1,125Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.74%Yield on earning assets
0.81%Cost of funding earning assets
3.93%Net interest margin
0.49%Noninterest income to earning assets
2.43%Noninterest expense to earning assets
1.70%Net operating income to assets
1.70%Return on assets (ROA)
1.78%Pretax return on assets
14.47%Return on equity (ROE)
4.98%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
116.13%Credit loss provision to net charge-offs
30.19%Efficiency ratio
54,978Assets per employee
4.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.60%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
21500.00%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.01%Net loans and leases to deposits
80.47%Net loans and leases to core deposits
80.47%Equity capital to assets
11.66%Core capital (leverage) ratio
10.16%Tier 1 risk-based capital ratio
13.76%Total risk-based capital ratio
Memoranda
$15Average assets
$100,887Average earning assets
$11,855Average equity
$94,127Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,255Managed Assets
1Number of Accounts
$1,757Personal trust and agency accounts
$473Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,284Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
77Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$498Other retirement accounts
$498Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	12269	Citizens State Bank	808 Third Avenue, Sheldon, IA 51201	March 15, 1961	Full Service Brick and Mortar
2	8681	Boyden Branch	817 Main Street, Boyden, IA 51234	April 16, 1903	Full Service Brick and Mortar

Citizens State Bank in Sheldon, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Citizens State Bank in Sheldon, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Citizens State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Citizens State Bank in Sheldon, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches