Citizens Bank And Trust Company
Hudson, IA — Domestic Branch of a Domestic Bank
Acquired Jun 2003
Vitals
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Total Assets71.8M
-
Total Deposits61.1M
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Total Net Loans59.6M
-
Net Income
-
Book Value5.8M
-
Book Value x211.7M
-
Book Value x317.5M
Balance Sheet Highlights
| Financial Highlights | Citizens Bank And Trust Company | All Insured Commercial Banks in Iowa |
| Balance Sheet $(000) | ||
| Total Assets | 71,768 | 81,008 |
| Total Net Loans | 59,624 | 49,850 |
| Total Deposits | 61,052 | 66,459 |
| Total Equity | 5,835 | 8,325 |
| Profitability | ||
| Net Income | — | 319 |
| Return on Average Assets | — | 1.289 |
| Return on Average Equity | — | 12.386 |
| Net Interest Margin | 3.279 | 3.897 |
| Efficiency Ratio | 102.512 | 60.143 |
| Noninterest Income/Revenue | 7.062 | 10.063 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 97.661 | 73.052 |
| Securities/Assets | .462 | |
| Total Equity/Total Assets | .081 | .103 |
| Tangible Equity/Tangible Assets | .081 | .049 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 5,835 | 7,561 |
| Tier 2 Capital | 604 | 609 |
| Total Capital | 6,439 | 8,168 |
| Total Risk Weighted Assets | 57,604 | 54,587 |
| Leverage Ratio | 7.94 | 9.71 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 10.13 | 14.647 |
| Total Capital Ratio | 11.18 | 15.751 |
Timeline for Citizens Bank And Trust Company
Midwestone Bank
Citizens Bank And Trust Company was acquired by Midwestone Bank 20 years
View Profile Jun 16 2003
Belle Plaine Service Corp.
Belle Plaine Service Corp. became a new parent organization for Citizens Bank And Trust Company.
View Profile Sep 15 1981
Citizens Bank And Trust Company
Citizens Bank And Trust Company was established 155 years ago and is currently headquartered in Hudson, IA.
Jan 01 1869| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Midwestone Bank | Buyer | 789,190 | Pooling of Interests | Discontinued | 6/16/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Belle Plaine Service Corp. | Parent | 1/1/1996 | 6/15/2003 |
| Belle Plaine Service Corp. | Parent | 9/15/1981 | 12/31/1995 |
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