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 funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Citizens Bank of Rogersville had $1.13 million in non-current loans and owned real-estate with $6.66 million in equity and loan loss allowances on hand to cover it. This gives Citizens Bank of Rogersville a Texas Ratio of 16.91% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Citizens Bank of Rogersville decreased slightly from 21.95% as of December 31, 2012 to 16.91% as of December 31, 2013, resulting in a positive change of 22.96%.This indicates that the balance sheet and financial strength for Citizens Bank of Rogersville has improved slightly in recent periods.
In the past year, Citizens Bank of Rogersville has increased its total deposits by $1.63 million, resulting in 2.84% 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 above average.
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 $65.86 million in assets with $6.66 million in equity, resulting in a capitalization level of 10.12%, which is above average.