The Citizens State Bank, Corrigan, Texas

The Citizens State Bank, Corrigan, Texas is headquartered in Corrigan and is the 385^th largest bank in the state of Texas. It is also the 4,748^th largest bank in the nation. It was established in 1919 and as of March of 2012, it had grown to 29 employees at 2 locations. The Citizens State Bank, Corrigan, Texas has a 4-star health rating.

Data for Q1 2012

Institution Statistics Citizens State Bank FDIC Certificate # 11905 BankRate Report View Year Established 1919 Employees 29 Primary Regulator FDIC Assets and Liabilities Assets $108.65 million Loans $58.37 million Deposits $96.54 million Equity Capital $11.70 million Loan Loss Allowance $696,000 Unbacked Noncurrent Loans $1.80 million Real Estate Owned $48,000 Historic Data - March 2011 Assets $101.17 million Equity Capital $11.06 million Loan Loss Allowance $674,000 Unbacked Noncurrent Loans $1.07 million Real Estate Owned $36,000 Profit Margin - Quarterly Net Interest Margin 4.79% Return on Assets 2.24% Return on Equity 20.86% Interest Income $1.40 million

Institution Health Overall Score: 4 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 State Bank, Corrigan, Texas had $1.84 million in non-current loans and owned real-estate with $12.39 million in equity and loan loss allowances on hand to cover it. This gives The Citizens State Bank, Corrigan, Texas a Texas Ratio of 14.88% which is above 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 State Bank, Corrigan, Texas increased slightly from 9.40% as of March 31, 2011 to 14.88% as of March 31, 2012, resulting in a negative change of 58.37%. This indicates that the balance sheet and financial strength for The Citizens State Bank, Corrigan, Texas has declined slightly in recent periods. Deposit Growth In the past year, The Citizens State Bank, Corrigan, Texas has increased its total deposits by $6.75 million, resulting in 7.52% 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 State Bank, Corrigan, Texas has shown is excellent. 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 State Bank, Corrigan, Texas has $108.65 million in assets with $12.39 million in equity, resulting in a capitalization level of 11.40%, which is above average.

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