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Citizens Bank & Trust Co. in city_name, state_name - Detailed Financial Reports, Location
FDIC Certificate #: 10218 Status: Active Federal Reserve ID: 56258 Bank Holding Company (Regulatory Top Holder): Citizens Bancshares Of Hutchinson, Inc. (RSSDID: 1121966, Location: Hutchinson, MN) Date Established: January 01, 1886 WWW:http://www.cbhutch.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Domestic: 3, Interstate: No) FDIC's unique #: 6555 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: Commercial Lending 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: 102 Main Street South, Hutchinson, MN 55350 County: Mcleod Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Mankato Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Hutchinson, MN (#26780) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $197.2 mil Equity capital: $17.3 mil Deposits held in domestic offices: $179.2 mil Return on assets (ROA): 1.18% ($2.3 mil) Quarterly return on assets: 0.87% ($1.7 mil) Return on Equity (ROE): 12.71% ($2.2 mil) Quarterly return on equity: 9.65% ($1.6 mil) Net income: $2.2 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.19% ($2,346.3 mil) Quarterly Pretax return on assets: 0.87% ($1,715.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
36Total employees (full-time equivalent)
$197,169Total assets
$5,953Cash and due from depository institutions
$100Interest-bearing balances
$57,175Securities
$8,000Federal funds sold & reverse repurchase agreements
$119,816Net loans & leases
$1,438Loan loss allowance
$0Trading account assets
$4,148Bank premises and fixed assets
$400Other real estate owned
$0Goodwill and other intangibles
$197,169Life insurance assets
$1,677All other assets
$179,827Total liabilities and capital
$179,158Total liabilities
$148,719Total deposits
$179,158Interest-bearing deposits
$75Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$500Trading liabilities
$0Other borrowed funds
$169Subordinated debt
$17,342All other liabilities
$17,342Total equity capital
$17,342Total bank equity capital
$0Perpetual preferred stock
$3,000Common stock
$13,000Surplus
$1,342Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,711Income earned, not collected on loans
$687Earning assets
$889Long-term assets (5+ years)
$185,091Average Assets, year-to-date
$39,683Average Assets, quarterly
$186,698Volatile liabilities
$194,640Insider loans
$129,073FHLB advances
$195,930Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,031Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$29,909Restructured Loans and leases
$4,839Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,508Total interest income
$784Total interest expense
$6,724Net interest income
$627Provision for loan and lease losses
$420Total noninterest income
$0Fiduciary activities
$189Service charges on deposit accounts
$0Trading account gains & fees
$231Additional noninterest income
$4,300Total noninterest expense
$2,300Salaries and employee benefits
$610Premises and equipment expense
$1,390Additional noninterest expense
$2,217Pre-tax net operating income
$0Securities gains (losses)
$5Applicable income taxes
$2,212Income before extraordinary items
$0Extraordinary gains - net
$2,212Net income attributable to bank
$0Net charge-offs
$2,212Cash dividends
$376Sale, conversion, retirement of capital stock, net
$2,272Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.28%Yield on earning assets
0.45%Cost of funding earning assets
3.83%Net interest margin
0.24%Noninterest income to earning assets
2.45%Noninterest expense to earning assets
1.18%Net operating income to assets
1.18%Return on assets (ROA)
1.19%Pretax return on assets
12.71%Return on equity (ROE)
-0.34%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
166.76%Credit loss provision to net charge-offs
7.56%Efficiency ratio
60,190Assets per employee
5.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
102.71%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
53.04%Noncurrent assets plus other real estate owned to assets
1.58%Noncurrent loans to loans
2.24%Net loans and leases to deposits
66.88%Net loans and leases to core deposits
67.58%Equity capital to assets
8.80%Core capital (leverage) ratio
8.69%Tier 1 risk-based capital ratio
13.19%Total risk-based capital ratio
Memoranda
$14Average assets
$186,698Average earning assets
$17,402Average equity
$175,520Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$87Managed Assets
1Number of Accounts
$87Personal trust and agency accounts
$87Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
3 Minnesota Branches as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6555
Citizens Bank & Trust Co.
102 Main Street South, Hutchinson, MN 55350
January 01, 1886
Full Service Brick and Mortar
1
222020
Drive-In Branch
133 Franklin Street, Hutchinson, MN 55350
December 14, 1962
Limited Service Facility
2
222021
South Office
1390 Hwy 15 South, Hutchinson, MN 55350
September 10, 1979
Limited Service Facility
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