Citizens Bank (MI)

Citizens Bank (MI) is headquartered in Flint and is the 2^nd largest bank in the state of Michigan. It is also the 115^st largest bank in the nation. It was established in 1871 and as of March of 2012, it had grown to 1,965 employees at 220 locations. Citizens Bank (MI) has a 5-star health rating.

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Data for Q1 2012

Institution Statistics Citizens Bank FDIC Certificate # 986 BankRate Report View Year Established 1871 Employees 1965 Primary Regulator FED Assets and Liabilities Assets $9.33 billion Loans $5.39 billion Deposits $7.55 billion Equity Capital $883.80 million Loan Loss Allowance $153.01 million Unbacked Noncurrent Loans $58.41 million Real Estate Owned $9.82 million Historic Data - March 2011 Assets $9.47 billion Equity Capital $744.45 million Loan Loss Allowance $224.12 million Unbacked Noncurrent Loans $124.71 million Real Estate Owned $20.18 million Profit Margin - Quarterly Net Interest Margin 3.7% Return on Assets 1.18% Return on Equity 12.56% Interest Income $96.75 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Citizens Bank (MI) had $68.23 million in non-current loans and owned real-estate with $1.04 billion in equity and loan loss allowances on hand to cover it. This gives Citizens Bank (MI) a Texas Ratio of 6.58% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Citizens Bank (MI) decreased significantly from 15.62% as of March 31, 2011 to 6.58% as of March 31, 2012, resulting in a positive change of 57.88%.This indicates that the balance sheet and financial strength for Citizens Bank (MI) has improved significantly in recent periods. Deposit Growth In the past year, Citizens Bank (MI) has decreased its total deposits by -$207.85 million, resulting in -2.68% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Citizens Bank (MI) has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Citizens Bank (MI) has $9.33 billion in assets with $1.04 billion in equity, resulting in a capitalization level of 11.12%, which is above average.

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