Citizens State Bank (12501) is headquartered in Buffalo and is the 66th largest bank in the state of Texas. It is also the 782nd largest bank in the nation. It was established in 1925 and as of June of 2020, it had grown to 110 employees at 12 locations. Citizens State Bank (12501)'s CD rates are 11% higher than the national average, and it boasts an A+ health rating.
Citizen State Bank Of Buffalo - Itasca Branch
Citizen State Bank of Buffalo - Itasca Branch
Started moving my savings to CD's there because of the great rates..... but found some of the friendliest people to deal with in years... Probably that way at all of the branches... rural Texas at it finest.. You can pretty much, once you have signed the original paperwork, deal with them over the phone or by mail.. so for me banking outside of DFW metromess has not been an issue.
Also opened IRA for my wife at an even better rate than the CD's...
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12501 |
| Year Established | 1925 |
| Employees | 110 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.6% |
| Return on Equity - YTD | 12.85% |
| Annual Interest Income | $17.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $1.18B$979.5MM |
| Loans | Q2 2020vs Q2 2019 | $190.9MM$177.9MM |
| Deposits | Q2 2020vs Q2 2019 | $1.02B$839.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $150.4MM$123.1MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $3.5MM$2.7MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.3MM$2.5MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$194.00K |