Citizens Bank and Trust Company
Overview / Commentary
Citizens Bank and Trust Company is headquartered in Blackstone and is the 39th largest bank in the state of Virginia. It is also the 1,588th largest bank in the nation. It was established in 1873 and as of March of 2022, it had grown to 80 employees at 12 locations. Citizens Bank and Trust Company has an A health rating.
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 823 |
| Year Established | 1873 |
| Employees | 80 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 10.56% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $569.8MM$526.3MM |
| Loans | Q1 2022vs Q1 2021 | $204.3MM$226.3MM |
| Deposits | Q1 2022vs Q1 2021 | $505.0MM$454.6MM |
| Equity Capital | Q1 2022vs Q1 2021 | $54.4MM$57.5MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $2.6MM$3.0MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $97.00K$360.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $1.9MM$2.6MM |
