The Citizens Bank of Leeds in Leeds, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 02, 1996

The Citizens Bank of Leeds in Leeds, Alabama (AL)
Show street view No street view available for this location

The Citizens Bank of Leeds - Overview

General
FDIC Certificate #: 17349
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Highland Bank (#27403)
Federal Reserve ID: 538932
Date Established: August 20, 1954
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 11359
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: August 20, 1954
Last Structure Change Effective Date: January 02, 1996
Last Structure Change Process Date: Febuary 12, 1996
Last Data Update: Febuary 12, 1996
Data Source Date: April 05, 2012
Location
Address: 2600 Second Avenue, Leeds, AL 35094
County: Jefferson
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Birmingham, AL (#1000)
Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820)
CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $61.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$20Total assets
$61,047Cash and due from depository institutions
$2,485Interest-bearing balances
$0Securities
$26,310Federal funds sold & reverse repurchase agreements
$100Net loans & leases
$30,968Loan loss allowance
$319Trading account assets
$0Bank premises and fixed assets
$661Other real estate owned
$0Goodwill and other intangibles
$523Life insurance assets
$0All other assets
$0Total liabilities and capital
$61,047Total liabilities
$56,807Total deposits
$55,747Interest-bearing deposits
$48,429Deposits held in domestic offices
55747.00%% insured (estimated)
$81Federal funds purchased & repurchase agreements
$510Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$550Total equity capital
$550Total bank equity capital
$4,240Perpetual preferred stock
$0Common stock
$300Surplus
$200Undivided profits
Memoranda
$3,740Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$469Income earned, not collected on loans
$216Earning assets
$57,378Long-term assets (5+ years)
$16,047Average Assets, year-to-date
$59,478Average Assets, quarterly
$61,318Volatile liabilities
$12,700Insider loans
$280FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,988Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,123Total risk weighted assets
$33,704Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$4,461Total interest expense
$2,334Net interest income
$2,127Provision for loan and lease losses
$96Total noninterest income
$504Fiduciary activities
$0Service charges on deposit accounts
$446Trading account gains & fees
$0Additional noninterest income
$58Total noninterest expense
$1,550Salaries and employee benefits
$628Premises and equipment expense
$130Additional noninterest expense
$792Pre-tax net operating income
$985Securities gains (losses)
$2Applicable income taxes
$289Income before extraordinary items
$698Extraordinary gains - net
$0Net income attributable to bank
$698Net charge-offs
$244Cash dividends
$450Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.11%Cost of funding earning assets
4.24%Net interest margin
3.87%Noninterest income to earning assets
0.92%Noninterest expense to earning assets
2.82%Net operating income to assets
1.17%Return on assets (ROA)
1.17%Pretax return on assets
1.66%Return on equity (ROE)
17.49%Retained earnings to average equity (YTD only)
6.21%Net charge-offs to loans
0.83%Credit loss provision to net charge-offs
39.34%Efficiency ratio
58,913Assets per employee
3.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.47%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
68.02%Noncurrent assets plus other real estate owned to assets
0.77%Noncurrent loans to loans
1.50%Net loans and leases to deposits
55.55%Net loans and leases to core deposits
71.10%Equity capital to assets
6.95%Core capital (leverage) ratio
6.64%Tier 1 risk-based capital ratio
12.23%Total risk-based capital ratio
Memoranda
$13Average assets
$59,478Average earning assets
$3,992Average equity
$55,022Average loans

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 The Citizens Bank of Leeds.
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.