Citizens Bank & Trust Co. of Jackson

Citizens Bank & Trust Co. of Jackson is headquartered in Jackson and is the 113^st largest bank in the state of Kentucky. It is also the 4,255^th largest bank in the nation. It was established in 1962 and as of March of 2012, it had grown to 42 employees at 2 locations. Citizens Bank & Trust Co. of Jackson has a 5-star health rating.

Data for Q1 2012

Institution Statistics Citizens Bank & Trust Co. of Jackson FDIC Certificate # 18620 BankRate Report View Year Established 1962 Employees 42 Primary Regulator FDIC Assets and Liabilities Assets $129.82 million Loans $92.25 million Deposits $111.66 million Equity Capital $13.95 million Loan Loss Allowance $743,000 Unbacked Noncurrent Loans $795,000 Real Estate Owned $279,000 Historic Data - March 2011 Assets $121.86 million Equity Capital $14.16 million Loan Loss Allowance $516,000 Unbacked Noncurrent Loans $55,000 Real Estate Owned $652,000 Profit Margin - Quarterly Net Interest Margin 4.62% Return on Assets 0.97% Return on Equity 8.96% Interest Income $1.60 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 & Trust Co. of Jackson had $1.07 million in non-current loans and owned real-estate with $14.69 million in equity and loan loss allowances on hand to cover it. This gives Citizens Bank & Trust Co. of Jackson a Texas Ratio of 7.31% 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 & Trust Co. of Jackson held steady from 4.82% as of March 31, 2011 to 7.31% as of March 31, 2012, resulting in a negative change of 51.72%. This indicates that the balance sheet and financial strength for Citizens Bank & Trust Co. of Jackson has held steady in recent periods. Deposit Growth In the past year, Citizens Bank & Trust Co. of Jackson has increased its total deposits by $9.88 million, resulting in 9.7% 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 & Trust Co. of Jackson has shown is excellent. 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 & Trust Co. of Jackson has $129.82 million in assets with $14.69 million in equity, resulting in a capitalization level of 11.32%, which is above average.

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