Citizens Bank of Edinburg

Headquarters

100 East Washington Street
Edinburg, IL 62531
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 of Edinburg is an FDIC insured institution located in Edinburg, IL. It was founded in 1971 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 20454
Date Established 1971
Assets $ 24.70 million
Loans $ 12.90 million
Deposits $ 22.19 million
Capital $ 2.48 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citizens Bank of Edinburg

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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4.114% 3.990% 1.00 $3,750 $1,193 Learn More
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Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Note to Citizens Bank of Edinburg
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Branches

Citizens Bank of Edinburg 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 of Edinburg Locations


Financial Details

Citizens Bank of Edinburg Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Bank of Edinburg. 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 of Edinburg U.S. Bank Average
8.16% 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 of Edinburg had $213,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,480,000 in equity and $130,000 in loans loss reserves. That gives it a Texas Ratio of 8.16%.

Return on Equity
Citizens Bank of Edinburg U.S. Bank Average
9.74% 7.80%

Citizens Bank of Edinburg has a Return on Equity of 9.74% 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 of Edinburg U.S. Bank Average
10.04% 12.68%

Citizens Bank of Edinburg has a Capitalization of 10.04% 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 of Edinburg Balance Sheet Analysis

As of March 31, 2020, Citizens Bank of Edinburg had assets of $24,703,000, loans of $12,901,000, and deposits of $22,190,000. 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 $ 6.40 million
Interest-bearing balances $ 3.48 million
Total securities $ 5.09 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 12.90 million
Loan loss allowance $ 0.13 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 $ 0.17 million
     Total Assets $ 22.22 million
LIABILITIES
Total deposits $ 22.19 million
      Interest-bearing deposits $ 18.45 million
      Deposits held in domestic offices $ 22.19 million
      % insured (estimated) 80.86%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.03 million
      Total Liabilities $ 22.22 million
      Shareholders’ Equity $ 2.48 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.21 million
Total Interest Expense $ 0.02 million
Net interest income $ 0.20 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.01 million
Total non interest expense $ 0.12 million
Pre-tax Net Operating Income $ 0.08 million

Bank Loan Profile?

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

Compared to other banks in Illinois, Citizens Bank of Edinburg has a significantly higher percent of Commercial Real Estate 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 22.69
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.57
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 57.50
Commercial and Industrial Loans 2.75
Farm Loans 6.53

Frequently Asked Questions About Citizens Bank Of Edinburg

Branches and Savings

Is Citizens Bank Of Edinburg FDIC insured?

Yes. It is covered under FDIC Certificate #20454.

Why does Citizens Bank Of Edinburg 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 Of Edinburg CD rates not competitive?

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

Is Citizens Bank Of Edinburg a commercial bank?

Yes

Where are Citizens Bank Of Edinburg locations?

See branch locations nearby.

Is Citizens Bank Of Edinburg open on Saturdays?

Is Citizens Bank Of Edinburg open on Sundays?

What time does Citizens Bank Of Edinburg open?

What time does Citizens Bank Of Edinburg close?

Are Citizens Bank Of Edinburg ATMs Open 24/7?

Do Citizens Bank Of Edinburg ATMs accept cash deposits?

Can Citizens Bank Of Edinburg customers use other ATMs?

Do Citizens Bank Of Edinburg branches have notaries?

Will Citizens Bank Of Edinburg notarize my document?

What address for Citizens Bank Of Edinburg should I put for incoming ACH transfers?

Will the Citizens Bank Of Edinburg branch print checks?

Do Citizens Bank Of Edinburg checks expire?

Does Citizens Bank Of Edinburg require US citizenship to open account?

Can Citizens Bank Of Edinburg close my account?

Does Citizens Bank Of Edinburg Report to credit bureaus?

Does Citizens Bank Of Edinburg Use Equifax?

What is Citizens Bank Of Edinburg's ACH Routing Number?

What is Citizens Bank Of Edinburg's SWIFT code?

Products

Does Citizens Bank Of Edinburg offer mortgages?

Compare mortgage rates here.

Does Citizens Bank Of Edinburg offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Bank Of Edinburg offer personal loans?

Compare personal loan rates here.

Does Citizens Bank Of Edinburg offer student loans?

Will Citizens Bank Of Edinburg cash a check?

Will Citizens Bank Of Edinburg redeem a savings bond?

Does Citizens Bank Of Edinburg cash savings bonds?

Will Citizens Bank Of Edinburg cash money orders?

Can Citizens Bank Of Edinburg issue a money order?

Does Citizens Bank Of Edinburg do currency exchange?

Background on The Bank

Who owns Citizens Bank Of Edinburg?

How long has Citizens Bank Of Edinburg been around?

Can Citizens Bank Of Edinburg transfer to other banks?

Does Citizens Bank Of Edinburg have quick pay?

Does Citizens Bank Of Edinburg accept rolled coins?

Will Citizens Bank Of Edinburg accept loose change?

Where is Citizens Bank Of Edinburg headquarters?

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