Vitals
  • Total Assets
    9.3B -0.2 %
  • Total Deposits
    7.2B -4.3 %
  • Total Net Loans
    5.0B -6.6 %
  • Net Income
    15.0M -44.8 %
  • Book Value
    1.2B 34.8 %
  • Book Value x2
    2.4B 34.8 %
  • Book Value x3
    3.6B 34.8 %
ROAA

.65

ROAE

5.078

Efficiency Ratio

69.261

Net Interest Margin

3.427

Balance Sheet Highlights
Financial Highlights Citizens Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 9,309,422 272,556
Total Net Loans 5,032,873 173,844
Total Deposits 7,218,613 232,372
Total Equity 1,190,924 27,623
Profitability
Net Income 15,042 606
Return on Average Assets .65 .767
Return on Average Equity 5.078 7.348
Net Interest Margin 3.427 3.837
Efficiency Ratio 69.261 73.988
Noninterest Income/Revenue 20.245 22.315
Balance Sheet Ratios
Loan-to-Deposit 69.721 72.248
Securities/Assets .316 .18
Total Equity/Total Assets .128 .101
Tangible Equity/Tangible Assets .119 .098
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 915,566 25,757
Tier 2 Capital 70,092 2,291
Total Capital 985,658 28,036
Total Risk Weighted Assets 5,571,739 183,346
Leverage Ratio 10.21 10.185
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 16.43 16.023
Total Capital Ratio 17.69 17.258

Timeline for Citizens Bank

Firstmerit Bank, National Association

Citizens Bank was acquired by Firstmerit Bank, National Association 11 years

View Profile Apr 13 2013

Citizens Bank Wealth Management, National Association

Acquisition: Citizens Bank acquired a new subsidiary, Citizens Bank Wealth Management, National Association , 12 years

View Profile Jul 01 2011

Republic Bank

Acquisition: Citizens Bank acquired a new subsidiary, Republic Bank, 17 years

View Profile Apr 28 2007

Quincy Investment Services Inc.

Quincy Investment Services Inc. became a new subsidiary organization for Citizens Bank.

View Profile Apr 28 2007

Republic Bank Real Estate Finance, Llc

Republic Bank Real Estate Finance, Llc became a new subsidiary organization for Citizens Bank.

View Profile Apr 28 2007

Want to see more?

Complete timeline for Citizens Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Firstmerit Bank, National Association Buyer 26,155,280 Acquisition Discontinued 4/13/2013
Citizens Bank Wealth Management, National Association Seller Pooling of Interests Discontinued 7/1/2011
Republic Bank Seller 5,185,804 Pooling of Interests Discontinued 4/28/2007
American Bank Of Wisconsin Seller 87,157 Pooling of Interests Discontinued 4/25/2005
City Bank And Trust Company Seller 486,579 Pooling of Interests Discontinued 7/1/1997
Cb North Seller 212,408 Pooling of Interests Discontinued 7/1/1997
City Bank Seller 211,119 Pooling of Interests Discontinued 7/1/1997
Second National Bank Of Saginaw Seller 711,800 Pooling of Interests Discontinued 6/1/1996
Grayling State Bank Seller 111,919 Pooling of Interests Discontinued 6/1/1996
State Bank Of Standish Seller 106,928 Pooling of Interests Discontinued 6/1/1996
Second National Bank Of Bay City Seller 166,944 Pooling of Interests Discontinued 6/1/1996
National Bank Of Royal Oak Seller 188,830 Pooling of Interests Discontinued 6/1/1996
Bank One, Ypsilanti, National Association Seller 151,157 Pooling of Interests Discontinued 3/1/1995
Bank One, East Lansing Seller 193,076 Pooling of Interests Discontinued 3/1/1995
Bank One, Fenton, National Association Seller 163,847 Pooling of Interests Discontinued 3/1/1995
Bank One, Sturgis Seller 167,335 Pooling of Interests Discontinued 3/1/1995
Relationships Role Relationship Start Relationship End
Citizens Republic Bancorp, Inc. Parent 1/1/1982 4/12/2013
Cb Financial Services, Inc. Subsidary 6/30/2007 7/15/2012
Pulaski Capital Corporation Subsidary 6/30/2007 12/31/2009
Citizens Bank Mortgage Company, Llc Subsidary 2/1/2002 8/1/2008
Citizens Service Company, Inc. Subsidary 6/30/2007 8/1/2008
Citizens Title Services, Inc. Subsidary 6/30/2007 6/3/2008
Quincy Investment Services Inc. Subsidary 6/30/2007 7/15/2007
Pulaski Capital Corporation Subsidary 4/25/2005 6/29/2007
Citizens Title Services, Inc. Subsidary 11/1/1997 6/29/2007
Cb Financial Services, Inc. Subsidary 7/1/1997 6/29/2007
Quincy Investment Services Inc. Subsidary 4/28/2007 6/29/2007
Citizens Service Company, Inc. Subsidary 12/31/2000 6/29/2007
Republic Bank Real Estate Finance, Llc Subsidary 4/28/2007 5/18/2007
Republic Management Company, Inc. Subsidary 4/28/2007 5/18/2007
Citizens Bank Consumer Finance, Llc Subsidary 10/1/2000 12/31/2005
Citizens Commercial Leasing Corporation Subsidary 1/31/1991 9/30/2005
Cb Capital Management, Inc. Subsidary 5/1/2001 9/30/2005
Citizens Card Company Subsidary 6/26/2001 8/29/2002
Citizens Bank Mortgage Corporation Subsidary 11/1/1997 2/1/2002
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