Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Citizens Bank of Rogersville has a relatively low asset base.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Citizens Bank of Rogersville had $1.71 million in non-current loans and owned real-estate with $7 million in equity and loan loss allowances on hand to cover it. This gives Citizens Bank of Rogersville a Texas Ratio of 24.40% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Citizens Bank of Rogersville experienced no significant changes from 21.65% as of March 31, 2013 to 24.40% as of March 31, 2014, resulting in a negative change of 12.70%. This indicates that the balance sheet and financial strength for Citizens Bank of Rogersville has had no significant changes in recent periods.
In the past year, Citizens Bank of Rogersville has increased its total deposits by $11.51 million, resulting in 18.39% 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 of Rogersville has shown is excellent.
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 of Rogersville has $81.18 million in assets with $7 million in equity, resulting in a capitalization level of 8.62%, which is average.