Citizens Bank (TN)

Citizens Bank (TN) is headquartered in Elizabethton and is the 25^th largest bank in the state of Tennessee. It is also the 1,117^st largest bank in the nation. It was established in 1934 and as of September of 2011, it had grown to 152 employees at 12 locations. Citizens Bank (TN) has a 3-star health rating.

Citizens Bank (TN) Checking Account Rates

Citizens Bank (TN) Savings Account Rates

Citizens Bank (TN) Money Market Rates

Citizens Bank (TN) CD Rates

Citizens Bank (TN) IRA Rates

Data for Q3 2011

Institution Statistics Citizens Bank FDIC Certificate # 14851 BankRate Report View Year Established 1934 Employees 152 Primary Regulator FDIC Assets and Liabilities Assets $595.80 million Loans $403.50 million Deposits $496.39 million Equity Capital $85.01 million Loan Loss Allowance $8.48 million Unbacked Noncurrent Loans $12.72 million Real Estate Owned $4.42 million Historic Data - September 2010 Assets $606.53 million Equity Capital $78.53 million Loan Loss Allowance $7.61 million Unbacked Noncurrent Loans $5.68 million Real Estate Owned $2.86 million Profit Margin - Quarterly Net Interest Margin 4.05% Return on Assets 1.62% Return on Equity 12.47% Interest Income $20.24 million

Institution Health Overall Score: 3 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 September 30, 2011 Citizens Bank (TN) had $17.14 million in non-current loans and owned real-estate with $93.49 million in equity and loan loss allowances on hand to cover it. This gives Citizens Bank (TN) a Texas Ratio of 18.33% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Citizens Bank (TN) increased slightly from 9.82% as of September 30, 2010 to 18.33% as of September 30, 2011, resulting in a negative change of 86.71%. This indicates that the balance sheet and financial strength for Citizens Bank (TN) has declined slightly in recent periods. Deposit Growth In the past year, Citizens Bank (TN) has increased its total deposits by $873,000, resulting in 0.18% 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 (TN) has shown is 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 (TN) has $595.8 million in assets with $93.49 million in equity, resulting in a capitalization level of 15.69%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.