First Citrus Bank

10824 N. Dale Mabry Highway
Tampa, FL 33618
813-926-2848
www.firstcitrus.com

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First Citrus Bank is headquartered in Tampa and is the 117^st largest bank in the state of Florida. It is also the 3,036^th largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 40 employees at 5 locations. First Citrus Bank has a 3-star health rating.

First Citrus Bank Routing Number: 063114577

3.50% 12-Month CD at First Citrus Bank in Florida - 1/27/2009

First Citrus Bank is offering a 3.50% APY CD with terms of 11 and 12 months. Also competitive are its 3% APY 9-month CD and its 3.25% APY 18-month CD. These rates are listed in the bank's rate table as of 1/27/2009.It appears a branch visit may be...

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See Rates for: Checking | Savings | Money Market | CD

First Citrus Bank Checking Account Rates

Apy	Min	Max	Product
0.15%	-	-	Personal Interest Checking Account
0.15%	-	-	Business Interest Checking Account

First Citrus Bank Savings Account Rates

Apy	Min	Max	Product
0.20%	-	-	Savings Account
0.15%	-	-	Citrus Gold Account

First Citrus Bank Money Market Rates

Apy	Min	Max	Product
0.50%	$50k	-	Business Premier Money Market
0.50%	$50k	-	Personal Premier Money Market
0.35%	$50k	-	Personal Money Market
0.35%	$100k	-	Business Money Market

First Citrus Bank CD Rates

Apy	Min	Max	Product
1.50%	-	-	60 Month CD
1.20%	-	-	48 Month CD
1.00%	-	-	36 Month CD
0.75%	-	-	24 Month CD
0.60%	-	-	18 Month CD
0.50%	-	-	11 Month CD
0.50%	-	-	12 Month CD
0.40%	-	-	9 Month CD
0.30%	-	-	6 Month CD
0.10%	-	-	3 Month CD

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

First Citrus Bank
FDIC Certificate #	34899
BankRate Report	View
Year Established	1999
Employees	40
Primary Regulator	FDIC
Assets and Liabilities
Assets	$206.76 million
Loans	$159.51 million
Deposits	$164.06 million
Equity Capital	$22.53 million
Loan Loss Allowance	$1.95 million
Unbacked Noncurrent Loans	$2.33 million
Real Estate Owned	$4.26 million
Historic Data - March 2011
Assets	$242.74 million
Equity Capital	$22.00 million
Loan Loss Allowance	$2.73 million
Unbacked Noncurrent Loans	$4.55 million
Real Estate Owned	$6.68 million
Profit Margin - Quarterly
Net Interest Margin	4.27%
Return on Assets	0.47%
Return on Equity	4.39%
Interest Income	$2.39 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 First Citrus Bank had $6.59 million in non-current loans and owned real-estate with $24.48 million in equity and loan loss allowances on hand to cover it. This gives First Citrus Bank a Texas Ratio of 26.92% 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 First Citrus Bank decreased significantly from 45.38% as of March 31, 2011 to 26.92% as of March 31, 2012, resulting in a positive change of 40.68%.This indicates that the balance sheet and financial strength for First Citrus Bank has improved significantly in recent periods.
Deposit Growth
In the past year, First Citrus Bank has decreased its total deposits by -$26.47 million, resulting in -13.89% 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 First Citrus Bank has shown is poor.
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. First Citrus Bank has $206.76 million in assets with $24.48 million in equity, resulting in a capitalization level of 11.84%, which is above average.