Citizens Building and Loan Association

Citizens Building and Loan Association is headquartered in Greer and is the 52^nd largest bank in the state of South Carolina. It is also the 4,460^th largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 10 employees at 1 location. Citizens Building and Loan Association has a 3-star health rating.

Citizens Building and Loan Association CD Rates

Data for Q1 2012

Institution Statistics Citizens Building and Loan Association OTS # 07583 FDIC Certificate # 31900 BankRate Report View Year Established 1907 Employees 10 Primary Regulator OCC Assets and Liabilities Assets $120.30 million Loans $77.86 million Deposits $95.79 million Equity Capital $22.51 million Loan Loss Allowance $1.18 million Unbacked Noncurrent Loans $6.31 million Real Estate Owned $1.67 million Historic Data - March 2011 Assets $119.43 million Equity Capital $21.86 million Loan Loss Allowance $1.57 million Unbacked Noncurrent Loans $3.96 million Real Estate Owned $379,000 Profit Margin - Quarterly Net Interest Margin 3.17% Return on Assets 0.71% Return on Equity 3.8% Interest Income $1.26 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 March 31, 2012 Citizens Building and Loan Association had $7.97 million in non-current loans and owned real-estate with $23.7 million in equity and loan loss allowances on hand to cover it. This gives Citizens Building and Loan Association a Texas Ratio of 33.65% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Citizens Building and Loan Association increased slightly from 18.52% as of March 31, 2011 to 33.65% as of March 31, 2012, resulting in a negative change of 81.68%. This indicates that the balance sheet and financial strength for Citizens Building and Loan Association has declined slightly in recent periods. Deposit Growth In the past year, Citizens Building and Loan Association has increased its total deposits by $28,000, resulting in 0.03% 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 Building and Loan Association 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 Building and Loan Association has $120.3 million in assets with $23.7 million in equity, resulting in a capitalization level of 19.70%, which is excellent.

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