Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
457 East Main Street
Richmond, KY 40475

Citizens Guaranty Bank is headquartered in Richmond and is the 106th largest bank in the state of Kentucky. It is also the 3,962nd largest bank in the nation. It was established in 1972 and as of March of 2014, it had grown to 46 employees at 6 locations. Citizens Guaranty Bank has a B+ health rating.

Related Posts

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


Data for Q1 2014

Institution Health


Texas Ratio


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 Guaranty Bank had $1.14 million in non-current loans and owned real-estate with $13.14 million in equity and loan loss allowances on hand to cover it. This gives Citizens Guaranty Bank a Texas Ratio of 8.69% 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 Guaranty Bank decreased dramatically from 15.97% as of March 31, 2013 to 8.69% as of March 31, 2014, resulting in a positive change of 45.60%.This indicates that the balance sheet and financial strength for Citizens Guaranty Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Citizens Guaranty Bank has increased its total deposits by $2.65 million, resulting in 2.48% 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 Guaranty Bank 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 Guaranty Bank has $136.27 million in assets with $13.14 million in equity, resulting in a capitalization level of 9.65%, which is above average.

Institution Statistics

FDIC Certificate #20872
Year Established1972
Primary RegulatorFDIC
Assets and Liabilities
Assets$136.27 million
Loans$108.87 million
Deposits$109.69 million
Equity Capital$11.67 million
Loan Loss Allowance$1.47 million
Unbacked Noncurrent Loans$719,000
Real Estate Owned$423,000
Historic Data - March 2013
Assets$124.96 million
Equity Capital$11.56 million
Loan Loss Allowance$1.48 million
Unbacked Noncurrent Loans$719,000
Real Estate Owned$841,000
Profit Margin - Quarterly
Net Interest Margin4.29%
Return on Assets0.5%
Return on Equity5.83%
Interest Income$1.52 million

Sorry, we do not have rate data for Citizens Guaranty Bank


Citizens Guaranty Bank Locations
London Ky1105 West 5th Street, Suite 2London, KY 40744
West Irvine Branch1282 Richmond RoadIrvine, KY 40336
Berea Branch214 Richmond Road NorthBerea, KY 40403
Irvine Branch25 River DriveIrvine, KY 40336
Citizens Guaranty Bank457 East Main StreetRichmond, KY 40475
Four Mile Branch979 Four Mile RoadRichmond, KY 40475