Citizens Bank & Trust Co. in Marks, Mississippi (MS)
| Citizens Bank & Trust Co. | |
|---|---|
| General | FDIC Certificate #: 9777 Status: Active Federal Reserve ID: 729945 Bank Holding Company (Regulatory Top Holder): Cb&T Bancshares, Inc. (RSSDID: 2605249, Location: Marks, MS) Date Established: August 17, 1917 WWW: http://www.cbt-co.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Domestic: 3, Interstate: No) OTS Docket #: 16066 FDIC's unique #: 6260 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: January 01, 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: 239 East Main St, Marks, MS 38646 County: Quitman Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West |
| History of Changes | Change in Location Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $124.1 mil Equity capital: $12.3 mil Deposits held in domestic offices: $104.8 mil Return on assets (ROA): 0.23% ($0.3 mil) Quarterly return on assets: 0.69% ($0.9 mil) Return on Equity (ROE): 2.27% ($0.3 mil) Quarterly return on equity: 6.83% ($0.8 mil) Net income: $0.3 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.23% ($285.4 mil) Quarterly Pretax return on assets: 0.69% ($856.2 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 37 |
| Total assets | $124,083 |
| Cash and due from depository institutions | $1,957 |
| Interest-bearing balances | $118 |
| Securities | $24,935 |
| Federal funds sold & reverse repurchase agreements | $19,100 |
| Net loans & leases | $66,664 |
| Loan loss allowance | $800 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,640 |
| Other real estate owned | $2,475 |
| Goodwill and other intangibles | $0 |
| All other assets | $7,312 |
| Life insurance assets | $124,083 |
| Total liabilities and capital | $111,760 |
| Total liabilities | $104,795 |
| Total deposits | $79,649 |
| Interest-bearing deposits | $104,795 |
| Deposits held in domestic offices | $88 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $5,502 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,463 |
| All other liabilities | $12,323 |
| Total equity capital | $12,323 |
| Total bank equity capital | $12,323 |
| Perpetual preferred stock | $0 |
| Common stock | $513 |
| Surplus | $9,748 |
| Undivided profits | $2,062 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $1,371 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,264 |
| Average Assets, year-to-date | $110,817 |
| Average Assets, quarterly | $23,693 |
| Volatile liabilities | $120,464 |
| Insider loans | $121,358 |
| FHLB advances | $105,688 |
| Loans and leases held for sale | $121,383 |
| Unused loan commitments | $4,654 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $12,173 |
| Total risk weighted assets | $4,654 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $13,679 |
| Derivatives | $8,625 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $5,117 |
| Total interest expense | $932 |
| Net interest income | $4,185 |
| Provision for loan and lease losses | $313 |
| Total noninterest income | $877 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $852 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $25 |
| Total noninterest expense | $4,005 |
| Salaries and employee benefits | $2,061 |
| Premises and equipment expense | $587 |
| Additional noninterest expense | $1,357 |
| Pre-tax net operating income | $744 |
| Securities gains (losses) | -$468 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $276 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $276 |
| Net charge-offs | $0 |
| Cash dividends | $276 |
| Sale, conversion, retirement of capital stock, net | $276 |
| Net operating income | $250 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.83% |
| Cost of funding earning assets | 0.88% |
| Net interest margin | 3.95% |
| Noninterest income to earning assets | 0.83% |
| Noninterest expense to earning assets | 3.78% |
| Net operating income to assets | 0.62% |
| Return on assets (ROA) | 0.23% |
| Pretax return on assets | 0.23% |
| Return on equity (ROE) | 2.27% |
| Retained earnings to average equity (YTD only) | 0.21% |
| Net charge-offs to loans | 0.38% |
| Credit loss provision to net charge-offs | 113.41% |
| Efficiency ratio | 3.83% |
| Assets per employee | $79,119 |
| Cash dividends to net income (YTD only) | 3.35% |
| Condition Ratios (%) | |
| Loss allowance to loans | 90.58% |
| Loss allowance to noncurrent loans | 1.19% |
| Noncurrent assets plus other real estate owned to assets | 58.35% |
| Noncurrent loans to loans | 7.36% |
| Net loans and leases to deposits | 2.03% |
| Net loans and leases to core deposits | 63.61% |
| Equity capital to assets | 69.99% |
| Core capital (leverage) ratio | 9.93% |
| Tier 1 risk-based capital ratio | 10.03% |
| Total risk-based capital ratio | 11.52% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $120,464 |
| Average equity | $12,155 |
| Average loans | $105,949 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $1,492 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $217 |
| Employee benefit-defined contribution accounts | $217 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 5 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $1,275 |
| Corporate trust and agency accounts | $1,275 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| 3 Mississippi Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 6260 | Citizens Bank & Trust Co. | 239 East Main St, Marks, MS 38646 | August 17, 1917 | Full Service Brick and Mortar |  |
| 3 | 12349 | Tunica Branch | Main Street, Tunica, MS 38676 | November 01, 1961 | Full Service Brick and Mortar |  |
| 5 | 445620 | Walls Branch | 6851 Highway 301, Walls, MS 38680 | October 03, 2005 | Full Service Brick and Mortar | |
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