Citizen's Bank

Headquarters

841 West Main Street
Ville Platte, LA 70586
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Citizen's Bank is an FDIC insured institution located in Ville Platte, LA. It was founded in 1975 and has approximately $0.25 billion in assets.

FDIC Insured Yes
FDIC Certificate # 21995
Date Established 1975
Assets $ 253.78 million
Loans $ 129.92 million
Deposits $ 212.17 million
Capital $ 35.80 million
 

For a more detailed analysis of Citizen's Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 19, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citizen's Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.574% 2.500% 1.00 $2,445 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Citizen's Bank
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Branches

Citizen's Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Citizen's Bank Locations


Financial Details

Citizen's Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizen's Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Citizen's Bank U.S. Bank Average
2.73% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Citizen's Bank had $601,000 in non-current loans and $429,000 in owned real estate. To cover these potential losses it had $35,795,000 in equity and $1,914,000 in loans loss reserves. That gives it a Texas Ratio of 2.73%.

Return on Equity
Citizen's Bank U.S. Bank Average
6.37% 7.80%

Citizen's Bank has a Return on Equity of 6.37% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Citizen's Bank U.S. Bank Average
14.1% 12.68%

Citizen's Bank has a Capitalization of 14.1% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Citizen's Bank Balance Sheet Analysis

As of June 30, 2017, Citizen's Bank had assets of $249,861,000, loans of $129,923,000, and deposits of $212,167,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 129.92 million
Loan loss allowance $ 1.91 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.43 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 212.17 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 253.78 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Citizen's Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Louisiana, Citizen's Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 49.89
Multifamily
Mortgages
3.56
Credit Card Loans 0.37
Consumer Auto Loans 1.99
Small Business Loans 9.30
Construction and Development Loans 5.22
Commercial Real Estate 18.13
Commercial and Industrial Loans 10.20
Farm Loans 2.79

Frequently Asked Questions About Citizen's Bank

Branches and Savings

Is Citizen's Bank FDIC insured?

Yes. It is covered under FDIC Certificate #21995.

Why does Citizen's Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Citizen's Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Citizen's Bank a commercial bank?

Yes

Where are Citizen's Bank locations?

See branch locations nearby.

Is Citizen's Bank open on Saturdays?

Is Citizen's Bank open on Sundays?

What time does Citizen's Bank open?

What time does Citizen's Bank close?

Are Citizen's Bank ATMs Open 24/7?

Do Citizen's Bank ATMs accept cash deposits?

Can Citizen's Bank customers use other ATMs?

Do Citizen's Bank branches have notaries?

Will Citizen's Bank notarize my document?

What address for Citizen's Bank should I put for incoming ACH transfers?

Will the Citizen's Bank branch print checks?

Do Citizen's Bank checks expire?

Does Citizen's Bank require US citizenship to open account?

Can Citizen's Bank close my account?

Does Citizen's Bank Report to credit bureaus?

Does Citizen's Bank Use Equifax?

What is Citizen's Bank's ACH Routing Number?

What is Citizen's Bank's SWIFT code?

Products

Does Citizen's Bank offer mortgages?

Compare mortgage rates here.

Does Citizen's Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizen's Bank offer personal loans?

Compare personal loan rates here.

Does Citizen's Bank offer student loans?

Will Citizen's Bank cash a check?

Will Citizen's Bank redeem a savings bond?

Does Citizen's Bank cash savings bonds?

Will Citizen's Bank cash money orders?

Can Citizen's Bank issue a money order?

Does Citizen's Bank do currency exchange?

Background on The Bank

Who owns Citizen's Bank?

How long has Citizen's Bank been around?

Can Citizen's Bank transfer to other banks?

Does Citizen's Bank have quick pay?

Does Citizen's Bank accept rolled coins?

Will Citizen's Bank accept loose change?

Where is Citizen's Bank headquarters?

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