Citizens Bank and Trust Company of Ardmore

Headquarters

1100 North Commerce
Ardmore, OK 73401
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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

Citizens Bank and Trust Company of Ardmore is an FDIC insured institution located in Ardmore, OK. It was founded in 1978 and has approximately $0.23 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 22717
Date Established 1978
Assets $ 233.69 million
Loans $ 151.21 million
Deposits $ 184.87 million
Capital $ 21.54 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citizens Bank and Trust Company of Ardmore

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

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3.872% 3.750% 1.00 $3,750 $1,158 Learn More
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License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Third Federal Savings and Loans
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2.990 %
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4.000 %
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Note to Citizens Bank and Trust Company of Ardmore
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Branches

Citizens Bank and Trust Company of Ardmore 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


Citizens Bank and Trust Company of Ardmore Locations


Financial Details

Citizens Bank and Trust Company of Ardmore Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Bank and Trust Company of Ardmore. 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
Citizens Bank and Trust Company of Ardmore U.S. Bank Average
0% 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, Citizens Bank and Trust Company of Ardmore had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $21,539,000 in equity and $1,544,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Citizens Bank and Trust Company of Ardmore U.S. Bank Average
12.83% 7.80%

Citizens Bank and Trust Company of Ardmore has a Return on Equity of 12.83% 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
Citizens Bank and Trust Company of Ardmore U.S. Bank Average
9.22% 12.68%

Citizens Bank and Trust Company of Ardmore has a Capitalization of 9.22% 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.

Citizens Bank and Trust Company of Ardmore Balance Sheet Analysis

As of March 31, 2020, Citizens Bank and Trust Company of Ardmore had assets of $233,688,000, loans of $151,213,000, and deposits of $184,873,000. 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 $ 14.89 million
Interest-bearing balances $ 11.80 million
Total securities $ 50.31 million
Federal funds sold and reverse repurchase $ 6.13 million
Net loans and leases $ 151.21 million
Loan loss allowance $ 1.54 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 9.14 million
     Total Assets $ 212.15 million
LIABILITIES
Total deposits $ 184.87 million
      Interest-bearing deposits $ 133.35 million
      Deposits held in domestic offices $ 184.87 million
      % insured (estimated) 74.62%
Federal funds purchased and repurchase agreements $ 3.75 million
Trading liabilities N.A.
Other borrowed funds $ 19.21 million
Subordinated debt N.A.
All other liabilities $ 4.32 million
      Total Liabilities $ 212.15 million
      Shareholders’ Equity $ 21.54 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.36 million
Total Interest Expense $ 0.37 million
Net interest income $ 1.99 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.43 million
Total non interest expense $ 1.74 million
Pre-tax Net Operating Income $ 0.69 million

Bank Loan Profile?

The top three loan types in Citizens Bank and Trust Company of Ardmore’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Oklahoma, Citizens Bank and Trust Company of Ardmore has a significantly higher percent of 1-4 Family Residential 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 46.80
Multifamily
Mortgages
1.16
Credit Card Loans 0.00
Consumer Auto Loans 1.40
Small Business Loans 0.00
Construction and Development Loans 7.49
Commercial Real Estate 30.51
Commercial and Industrial Loans 7.84
Farm Loans 0.59

Frequently Asked Questions About Citizens Bank And Trust Company Of Ardmore

Branches and Savings

Is Citizens Bank And Trust Company Of Ardmore FDIC insured?

Yes. It is covered under FDIC Certificate #22717.

Why does Citizens Bank And Trust Company Of Ardmore pay such low interest on savings accounts?

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

Why are Citizens Bank And Trust Company Of Ardmore CD rates not competitive?

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

Is Citizens Bank And Trust Company Of Ardmore a commercial bank?

Yes

Where are Citizens Bank And Trust Company Of Ardmore locations?

See branch locations nearby.

Is Citizens Bank And Trust Company Of Ardmore open on Saturdays?

Is Citizens Bank And Trust Company Of Ardmore open on Sundays?

What time does Citizens Bank And Trust Company Of Ardmore open?

What time does Citizens Bank And Trust Company Of Ardmore close?

Are Citizens Bank And Trust Company Of Ardmore ATMs Open 24/7?

Do Citizens Bank And Trust Company Of Ardmore ATMs accept cash deposits?

Can Citizens Bank And Trust Company Of Ardmore customers use other ATMs?

Do Citizens Bank And Trust Company Of Ardmore branches have notaries?

Will Citizens Bank And Trust Company Of Ardmore notarize my document?

What address for Citizens Bank And Trust Company Of Ardmore should I put for incoming ACH transfers?

Will the Citizens Bank And Trust Company Of Ardmore branch print checks?

Do Citizens Bank And Trust Company Of Ardmore checks expire?

Does Citizens Bank And Trust Company Of Ardmore require US citizenship to open account?

Can Citizens Bank And Trust Company Of Ardmore close my account?

Does Citizens Bank And Trust Company Of Ardmore Report to credit bureaus?

Does Citizens Bank And Trust Company Of Ardmore Use Equifax?

What is Citizens Bank And Trust Company Of Ardmore's ACH Routing Number?

What is Citizens Bank And Trust Company Of Ardmore's SWIFT code?

Products

Does Citizens Bank And Trust Company Of Ardmore offer mortgages?

Compare mortgage rates here.

Does Citizens Bank And Trust Company Of Ardmore offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Bank And Trust Company Of Ardmore offer personal loans?

Compare personal loan rates here.

Does Citizens Bank And Trust Company Of Ardmore offer student loans?

Will Citizens Bank And Trust Company Of Ardmore cash a check?

Will Citizens Bank And Trust Company Of Ardmore redeem a savings bond?

Does Citizens Bank And Trust Company Of Ardmore cash savings bonds?

Will Citizens Bank And Trust Company Of Ardmore cash money orders?

Can Citizens Bank And Trust Company Of Ardmore issue a money order?

Does Citizens Bank And Trust Company Of Ardmore do currency exchange?

Background on The Bank

Who owns Citizens Bank And Trust Company Of Ardmore?

How long has Citizens Bank And Trust Company Of Ardmore been around?

Can Citizens Bank And Trust Company Of Ardmore transfer to other banks?

Does Citizens Bank And Trust Company Of Ardmore have quick pay?

Does Citizens Bank And Trust Company Of Ardmore accept rolled coins?

Will Citizens Bank And Trust Company Of Ardmore accept loose change?

Where is Citizens Bank And Trust Company Of Ardmore headquarters?

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