FDIC Certificate #: 14731 Status: Active Federal Reserve ID: 774235 Date Established: August 25, 1934 WWW:http://www.cnbquitman.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9214 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: August 25, 1934 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: 100 East Stevens Street, Quitman, GA 31643 County: Brooks 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): Valdosta, GA (#46660) CBSA Metro Statistical Area: Valdosta, GA (#46660)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $111.0 mil Equity capital: $10.4 mil Deposits held in domestic offices: $92.0 mil Return on assets (ROA): 0.48% ($0.5 mil) Quarterly return on assets: 0.42% ($0.5 mil) Return on Equity (ROE): 5.23% ($0.5 mil) Quarterly return on equity: 4.35% ($0.4 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.58% ($644.0 mil) Quarterly Pretax return on assets: 0.46% ($510.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
22Total employees (full-time equivalent)
$111,033Total assets
$16,342Cash and due from depository institutions
$8,244Interest-bearing balances
$11,791Securities
$0Federal funds sold & reverse repurchase agreements
$74,811Net loans & leases
$1,579Loan loss allowance
$0Trading account assets
$648Bank premises and fixed assets
$963Other real estate owned
$0Goodwill and other intangibles
$111,033Life insurance assets
$6,478All other assets
$100,600Total liabilities and capital
$92,040Total liabilities
$80,477Total deposits
$92,040Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,000Trading liabilities
$0Other borrowed funds
$1,560Subordinated debt
$10,433All other liabilities
$10,433Total equity capital
$10,433Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$2,694Surplus
$7,139Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,670Income earned, not collected on loans
$0Earning assets
$945Long-term assets (5+ years)
$94,846Average Assets, year-to-date
$25,763Average Assets, quarterly
$110,590Volatile liabilities
$107,875Insider loans
$76,181FHLB advances
$106,818Loans and leases held for sale
$3,694Unused loan commitments
$3,694Tier 1 (core) risk-based capital
$10,181Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,168Restructured Loans and leases
$4,348Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,744Total interest income
$1,828Total interest expense
$3,916Net interest income
$1,155Provision for loan and lease losses
$425Total noninterest income
$0Fiduciary activities
$232Service charges on deposit accounts
$0Trading account gains & fees
$193Additional noninterest income
$2,567Total noninterest expense
$1,367Salaries and employee benefits
$326Premises and equipment expense
$874Additional noninterest expense
$619Pre-tax net operating income
$21Securities gains (losses)
$113Applicable income taxes
$527Income before extraordinary items
$0Extraordinary gains - net
$527Net income attributable to bank
$0Net charge-offs
$527Cash dividends
$735Sale, conversion, retirement of capital stock, net
$90Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.29%Yield on earning assets
2.00%Cost of funding earning assets
4.29%Net interest margin
0.47%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
0.46%Net operating income to assets
0.48%Return on assets (ROA)
0.58%Pretax return on assets
5.23%Return on equity (ROE)
4.34%Retained earnings to average equity (YTD only)
0.94%Net charge-offs to loans
157.14%Credit loss provision to net charge-offs
2.41%Efficiency ratio
59,134Assets per employee
5.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.08%Loss allowance to loans
2.07%Loss allowance to noncurrent loans
94.55%Noncurrent assets plus other real estate owned to assets
2.37%Noncurrent loans to loans
2.19%Net loans and leases to deposits
81.28%Net loans and leases to core deposits
91.00%Equity capital to assets
9.40%Core capital (leverage) ratio
9.53%Tier 1 risk-based capital ratio
13.36%Total risk-based capital ratio
Memoranda
$15Average assets
$110,590Average earning assets
$10,075Average equity
$91,258Average loans
List of branches
1 Georgia Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9214
The Citizens National Bank Of Quitma
100 East Stevens Street, Quitman, GA 31643
August 25, 1934
Full Service Brick and Mortar
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