The Citizens Bank of Forsyth County

The Citizens Bank of Forsyth County is headquartered in Cumming and is the 81^st largest bank in the state of Georgia. It is also the 2,873^rd largest bank in the nation. It was established in 1997 and as of March of 2012, it had grown to 45 employees at 4 locations. The Citizens Bank of Forsyth County has a 2-star health rating.

Data for Q1 2012

Institution Statistics The Citizens Bank of Forsyth County FDIC Certificate # 34229 BankRate Report View Year Established 1997 Employees 45 Primary Regulator FDIC Assets and Liabilities Assets $221.86 million Loans $146.63 million Deposits $190.38 million Equity Capital $18.14 million Loan Loss Allowance $5.15 million Unbacked Noncurrent Loans $5.69 million Real Estate Owned $3.33 million Historic Data - March 2011 Assets $236.76 million Equity Capital $16.88 million Loan Loss Allowance $5.23 million Unbacked Noncurrent Loans $4.70 million Real Estate Owned $2.68 million Profit Margin - Quarterly Net Interest Margin 4.2% Return on Assets 0.69% Return on Equity 8.56% Interest Income $2.45 million

Institution Health Overall Score: 2 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 Forsyth County had $9.02 million in non-current loans and owned real-estate with $23.29 million in equity and loan loss allowances on hand to cover it. This gives The Citizens Bank of Forsyth County a Texas Ratio of 38.73% 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 The Citizens Bank of Forsyth County increased slightly from 33.38% as of March 31, 2011 to 38.73% as of March 31, 2012, resulting in a negative change of 16.02%. This indicates that the balance sheet and financial strength for The Citizens Bank of Forsyth County has declined slightly in recent periods. Deposit Growth In the past year, The Citizens Bank of Forsyth County has decreased its total deposits by -$13.35 million, resulting in -6.55% 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 Forsyth County 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. The Citizens Bank of Forsyth County has $221.86 million in assets with $23.29 million in equity, resulting in a capitalization level of 10.50%, which is above average.

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