FDIC Certificate #: 52 Status: Active Federal Reserve ID: 293437 Bank Holding Company (Regulatory Top Holder): Citizens Bancorp Of Winfield, Inc. (RSSDID: 1833616, Location: Winfield, AL) Date Established: May 22, 1920 WWW:http://www.cbwinfield.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12748 FDIC's unique #: 33 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: Febuary 24, 2011 Last Structure Change Process Date: Febuary 24, 2011 Last Data Update: Febuary 24, 2011 Data Source Date: April 05, 2012
Location
Address: 108-110 East First Avenue, Winfield, AL 35594 County: Marion 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
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $214.9 mil Equity capital: $43.9 mil Deposits held in domestic offices: $127.7 mil Return on assets (ROA): 1.53% ($3.3 mil) Quarterly return on assets: 1.35% ($2.9 mil) Return on Equity (ROE): 8.21% ($3.6 mil) Quarterly return on equity: 6.54% ($2.9 mil) Net income: $3.3 mil Quarterly Net income: $0.7 mil Pretax return on assets: 1.91% ($4,103.9 mil) Quarterly Pretax return on assets: 1.36% ($2,922.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
28Total employees (full-time equivalent)
$214,866Total assets
$12,264Cash and due from depository institutions
$10,368Interest-bearing balances
$151,292Securities
$0Federal funds sold & reverse repurchase agreements
$36,806Net loans & leases
$1,900Loan loss allowance
$0Trading account assets
$1,429Bank premises and fixed assets
$231Other real estate owned
$0Goodwill and other intangibles
$214,866Life insurance assets
$12,844All other assets
$170,943Total liabilities and capital
$127,659Total liabilities
$115,822Total deposits
$127,659Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$40,971Trading liabilities
$0Other borrowed funds
$2,313Subordinated debt
$43,923All other liabilities
$43,923Total equity capital
$43,923Total bank equity capital
$0Perpetual preferred stock
$3Common stock
$597Surplus
$43,323Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,089Income earned, not collected on loans
$0Earning assets
$2,418Long-term assets (5+ years)
$198,466Average Assets, year-to-date
$153,155Average Assets, quarterly
$212,482Volatile liabilities
$214,944Insider loans
$88,473FHLB advances
$214,317Loans and leases held for sale
$7,114Unused loan commitments
$1,233Tier 1 (core) risk-based capital
$38,748Tier 2 risk-based capital
$5,097Total risk weighted assets
$784Total unused commitments
$3,260Restructured Loans and leases
$358Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$10,460Total interest income
$3,094Total interest expense
$7,366Net interest income
$814Provision for loan and lease losses
$556Total noninterest income
$0Fiduciary activities
$352Service charges on deposit accounts
$0Trading account gains & fees
$204Additional noninterest income
$3,151Total noninterest expense
$1,722Salaries and employee benefits
$353Premises and equipment expense
$1,076Additional noninterest expense
$3,957Pre-tax net operating income
$98Securities gains (losses)
$800Applicable income taxes
$3,255Income before extraordinary items
$0Extraordinary gains - net
$3,255Net income attributable to bank
$0Net charge-offs
$3,255Cash dividends
$475Sale, conversion, retirement of capital stock, net
$1,020Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.36%Yield on earning assets
1.59%Cost of funding earning assets
3.78%Net interest margin
0.29%Noninterest income to earning assets
1.62%Noninterest expense to earning assets
1.49%Net operating income to assets
1.53%Return on assets (ROA)
1.91%Pretax return on assets
8.21%Return on equity (ROE)
5.64%Retained earnings to average equity (YTD only)
1.16%Net charge-offs to loans
171.37%Credit loss provision to net charge-offs
10.04%Efficiency ratio
39,775Assets per employee
7.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.34%Loss allowance to loans
4.91%Loss allowance to noncurrent loans
90.95%Noncurrent assets plus other real estate owned to assets
1.08%Noncurrent loans to loans
5.40%Net loans and leases to deposits
28.83%Net loans and leases to core deposits
30.97%Equity capital to assets
20.44%Core capital (leverage) ratio
18.08%Tier 1 risk-based capital ratio
43.80%Total risk-based capital ratio
Memoranda
$45Average assets
$212,482Average earning assets
$39,662Average equity
$195,076Average loans
List of branches
1 Alabama Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
33
The Citizens Bank Of Winfield
108-110 East First Avenue, Winfield, AL 35594
May 22, 1920
Full Service Brick and Mortar
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