Vitals
  • Total Assets
    429.7M 8.0 %
  • Total Deposits
    379.6M 9.3 %
  • Total Net Loans
    252.5M 6.3 %
  • Net Income
    3.0M 10.0 %
  • Book Value
    42.3M 1.6 %
  • Book Value x2
    84.5M 1.6 %
  • Book Value x3
    126.8M 1.6 %
ROAA

.725

ROAE

7.025

Efficiency Ratio

74.286

Net Interest Margin

3.785

Balance Sheet Highlights
Financial Highlights The Citizens Bank All Insured Commercial Banks in South Carolina
Balance Sheet $(000)
Total Assets 429,706 396,146
Total Net Loans 252,488 246,095
Total Deposits 379,627 337,242
Total Equity 42,259 39,753
Profitability
Net Income 3,002 2,936
Return on Average Assets .725 .658
Return on Average Equity 7.025 6.043
Net Interest Margin 3.785 3.683
Efficiency Ratio 74.286 77.076
Noninterest Income/Revenue 22.127 19.526
Balance Sheet Ratios
Loan-to-Deposit 66.51 72.161
Securities/Assets .156 .198
Total Equity/Total Assets .098 .1
Tangible Equity/Tangible Assets .09 .099
Capital Adequacy
Tier 1 Common Capital 40,440 39,215
Tier 1 Capital 40,440 39,215
Tier 2 Capital 3,235 2,972
Total Capital 43,675 42,275
Total Risk Weighted Assets 257,810 268,714
Leverage Ratio 9.54 10.143
Common Equity Tier 1 Capital Ratio 15.69 15.311
Tier 1 Capital Ratio 15.69 15.311
Total Capital Ratio 16.94 16.421

Timeline for The Citizens Bank

Johnsonville State Bank

Acquisition: The Citizens Bank acquired a new subsidiary, Johnsonville State Bank, 16 years

View Profile Jun 09 2007

Pamplico Bank And Trust Company

Acquisition: The Citizens Bank acquired a new subsidiary, Pamplico Bank And Trust Company, 16 years

View Profile Jun 09 2007

Citizens Bancshares Corporation

Citizens Bancshares Corporation became a new parent organization for The Citizens Bank.

View Profile Dec 12 1988

The Citizens Bank

The Citizens Bank was established 85 years ago and is currently headquartered in Olanta, SC.

Sep 24 1938
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Johnsonville State Bank Seller 22,288 Acquisition Discontinued 6/9/2007
Pamplico Bank And Trust Company Seller 20,291 Acquisition Discontinued 6/9/2007
Relationships Role Relationship Start Relationship End
Citizens Bancshares Corporation Parent 12/12/1988
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