Citizens Community Bank
Ridgewood, NJ — Non-member Bank
Acquired May 2009
Vitals
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Total Assets40.7M -11.3 %
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Total Deposits40.7M -5.9 %
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Total Net Loans27.5M -17.1 %
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Net Income
-
Book Value
-
Book Value x2
-
Book Value x3
Balance Sheet Highlights
| Financial Highlights | Citizens Community Bank | All Insured Commercial Banks in New Jersey |
| Balance Sheet $(000) | ||
| Total Assets | 40,657 | 422,143 |
| Total Net Loans | 27,486 | 311,087 |
| Total Deposits | 40,664 | 343,364 |
| Total Equity | — | 49,396 |
| Profitability | ||
| Net Income | — | 1,617 |
| Return on Average Assets | — | .56 |
| Return on Average Equity | — | 5.761 |
| Net Interest Margin | 1.259 | 2.973 |
| Efficiency Ratio | 149.612 | 103.792 |
| Noninterest Income/Revenue | 56.446 | 20.36 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 67.593 | 82.614 |
| Securities/Assets | .074 | .367 |
| Total Equity/Total Assets | .117 | |
| Tangible Equity/Tangible Assets | -.067 | |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | — | 44,866 |
| Tier 2 Capital | — | 8,573 |
| Total Capital | — | 49,367 |
| Total Risk Weighted Assets | 28,690 | 301,706 |
| Leverage Ratio | — | 11.601 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | — | 15.838 |
| Total Capital Ratio | — | 16.999 |
Timeline for Citizens Community Bank
Connectone Bank
Citizens Community Bank was acquired by Connectone Bank 16 years
View Profile May 01 2009Citizens Community Bank
Citizens Community Bank was established 21 years ago and is currently headquartered in Ridgewood, NJ.
Oct 28 2004| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Connectone Bank | Buyer | 4,326,748 | Failure | 5/1/2009 |
| Relationships | Role | Relationship Start | Relationship End |
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