The Citizens State Bank of Taylor County in Reynolds, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Citizens State Bank of Taylor County - Overview

  • General
  • FDIC Certificate #: 884
    Status: Active
    Federal Reserve ID: 960533
    Bank Holding Company (Regulatory Top Holder): Georgia Community Bancorp, Incorporated (RSSDID: 1245581, Location: Reynolds, GA)
    Date Established: September 08, 1922
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 565
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 22, 2011
    Last Structure Change Process Date: June 13, 2011
    Last Data Update: June 13, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: Winston And Montague Streets, Reynolds, GA 31076
    County: Taylor
    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
  • Financial Summary
  • Total assets: $40.9 mil
    Equity capital: $5.6 mil
    Deposits held in domestic offices: $35.2 mil
    Return on assets (ROA): 0.06% ($0.0 mil)
    Quarterly return on assets: -0.64% (-$0.3 mil)
    Return on Equity (ROE): 0.48% ($0.0 mil)
    Quarterly return on equity: -4.73% (-$0.3 mil)
    Net income: $0.0 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.06% ($24.6 mil)
    Quarterly Pretax return on assets: -0.64% (-$262.0 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
  • 12Total employees (full-time equivalent)
  • $40,936Total assets
  • $4,680Cash and due from depository institutions
  • $0Interest-bearing balances
  • $10,569Securities
  • $3,255Federal funds sold & reverse repurchase agreements
  • $21,331Net loans & leases
  • $581Loan loss allowance
  • $0Trading account assets
  • $289Bank premises and fixed assets
  • $370Other real estate owned
  • $0Goodwill and other intangibles
  • $40,936Life insurance assets
  • $442All other assets
  • $35,376Total liabilities and capital
  • $35,189Total liabilities
  • $28,438Total deposits
  • $35,189Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $187Subordinated debt
  • $5,560All other liabilities
  • $5,560Total equity capital
  • $5,560Total bank equity capital
  • $0Perpetual preferred stock
  • $87Common stock
  • $3,113Surplus
  • $2,360Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $548Income earned, not collected on loans
  • $0Earning assets
  • $309Long-term assets (5+ years)
  • $35,155Average Assets, year-to-date
  • $13,055Average Assets, quarterly
  • $42,379Volatile liabilities
  • $41,229Insider loans
  • $24,634FHLB advances
  • $41,533Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,283Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $515Restructured Loans and leases
  • $219Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,204Total interest income
  • $410Total interest expense
  • $1,794Net interest income
  • $362Provision for loan and lease losses
  • $110Total noninterest income
  • $0Fiduciary activities
  • $214Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$104Additional noninterest income
  • $1,589Total noninterest expense
  • $851Salaries and employee benefits
  • $207Premises and equipment expense
  • $531Additional noninterest expense
  • -$47Pre-tax net operating income
  • $74Securities gains (losses)
  • $1Applicable income taxes
  • $26Income before extraordinary items
  • $0Extraordinary gains - net
  • $26Net income attributable to bank
  • $0Net charge-offs
  • $26Cash dividends
  • $434Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.98%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 4.87%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 4.31%Noninterest expense to earning assets
  • -0.11%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.06%Pretax return on assets
  • 0.48%Return on equity (ROE)
  • 0.48%Retained earnings to average equity (YTD only)
  • 1.94%Net charge-offs to loans
  • 83.41%Credit loss provision to net charge-offs
  • 0.73%Efficiency ratio
  • 83,456Assets per employee
  • 3.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.65%Loss allowance to noncurrent loans
  • 106.02%Noncurrent assets plus other real estate owned to assets
  • 2.24%Noncurrent loans to loans
  • 2.50%Net loans and leases to deposits
  • 60.62%Net loans and leases to core deposits
  • 61.27%Equity capital to assets
  • 13.58%Core capital (leverage) ratio
  • 12.72%Tier 1 risk-based capital ratio
  • 21.45%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $42,379Average earning assets
  • $5,399Average equity
  • $36,872Average loans

List of branches

  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0565The Citizens State Bank Of Taylor CoWinston And Montague Streets, Reynolds, GA 31076September 08, 1922Full Service Brick and Mortar

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