The Citizens Bank of East Tennessee

The Citizens Bank of East Tennessee is headquartered in Rogersville and is the 139^th largest bank in the state of Tennessee. It is also the 4,220^th largest bank in the nation. It was established in 1906 and as of March of 2012, it had grown to 42 employees at 4 locations. The Citizens Bank of East Tennessee's money market rates are 14% higher than the national average, but it has a 1-star health rating.

The Citizens Bank of East Tennessee Routing Number: 064202967

The Citizens Bank of East Tennessee Checking Account Rates

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The Citizens Bank of East Tennessee Money Market Rates

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Data for Q1 2012

Institution Statistics The Citizens Bank of East Tennessee FDIC Certificate # 9499 BankRate Report View Year Established 1906 Employees 42 Primary Regulator FDIC Assets and Liabilities Assets $131.16 million Loans $82.36 million Deposits $116.65 million Equity Capital $5.55 million Loan Loss Allowance $2.56 million Unbacked Noncurrent Loans $7.61 million Real Estate Owned $6.59 million Historic Data - March 2011 Assets $135.15 million Equity Capital $7.73 million Loan Loss Allowance $1.98 million Unbacked Noncurrent Loans $10.63 million Real Estate Owned $5.77 million Profit Margin - Quarterly Net Interest Margin 3.53% Return on Assets 0.19% Return on Equity 4.57% Interest Income $1.24 million

Institution Health Overall Score: 1 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 The Citizens Bank of East Tennessee had $14.19 million in non-current loans and owned real-estate with $8.12 million in equity and loan loss allowances on hand to cover it. This gives The Citizens Bank of East Tennessee a Texas Ratio of 174.86% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Citizens Bank of East Tennessee held steady from 168.88% as of March 31, 2011 to 174.86% as of March 31, 2012, resulting in a negative change of 3.54%. This indicates that the balance sheet and financial strength for The Citizens Bank of East Tennessee has held steady in recent periods. Deposit Growth In the past year, The Citizens Bank of East Tennessee has decreased its total deposits by -$1.4 million, resulting in -1.19% 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 The Citizens Bank of East Tennessee has shown is below 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. The Citizens Bank of East Tennessee has $131.16 million in assets with $8.12 million in equity, resulting in a capitalization level of 6.19%, which is below average.

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