Citizens Bank of Northern Kentucky, Inc.

Headquarters

103 Churchill Drive
Newport, KY 41071
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 1.01% →
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

Citizens Bank of Northern Kentucky, Inc. is an FDIC insured institution located in Newport, KY. It was founded in 1993 and has approximately $0.23 billion in assets.

FDIC Insured Yes
FDIC Certificate # 33846
Date Established 1993
Assets $ 241.18 million
Loans $ 142.39 million
Deposits $ 204.29 million
Capital $ 24.12 million
 

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

Deposit Rates - October 31, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 31, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citizens Bank of Northern Kentucky, Inc.

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.558% 2.500% 0.75 $1,908 $988 Learn More

Featured - Virginia 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

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Branches

Citizens Bank of Northern Kentucky, Inc. 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:
Ashburn,Virginia


Citizens Bank of Northern Kentucky, Inc. Locations


Financial Details

Citizens Bank of Northern Kentucky, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Bank of Northern Kentucky, Inc.. 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 Northern Kentucky, Inc. U.S. Bank Average
5.56% 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 Northern Kentucky, Inc. had $1,212,000 in non-current loans and $233,000 in owned real estate. To cover these potential losses it had $24,123,000 in equity and $1,873,000 in loans loss reserves. That gives it a Texas Ratio of 5.56%.

Return on Equity
Citizens Bank of Northern Kentucky, Inc. U.S. Bank Average
4.95% 7.80%

Citizens Bank of Northern Kentucky, Inc. has a Return on Equity of 4.95% 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 Northern Kentucky, Inc. U.S. Bank Average
10% 12.68%

Citizens Bank of Northern Kentucky, Inc. has a Capitalization of 10% 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 Northern Kentucky, Inc. Balance Sheet Analysis

As of December 31, 2016, Citizens Bank of Northern Kentucky, Inc. had assets of $234,565,000, loans of $142,390,000, and deposits of $204,291,000. 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 $ 142.39 million
Loan loss allowance $ 1.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.23 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 204.29 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 $ 241.18 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 Citizens Bank of Northern Kentucky, Inc.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Kentucky, Citizens Bank of Northern Kentucky, Inc. has a significantly higher percent of Multifamily Mortgages, Credit Card Loans, 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 41.36
Multifamily
Mortgages
8.22
Credit Card Loans 0.62
Consumer Auto Loans 0.57
Small Business Loans 13.57
Construction and Development Loans 9.38
Commercial Real Estate 30.91
Commercial and Industrial Loans 5.77
Farm Loans 0.00

Frequently Asked Questions About Citizens Bank Of Northern Kentucky, Inc.

Branches and Savings

Is Citizens Bank Of Northern Kentucky, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #33846.

Why does Citizens Bank Of Northern Kentucky, Inc. 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 Northern Kentucky, Inc. CD rates not competitive?

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

Is Citizens Bank Of Northern Kentucky, Inc. a commercial bank?

Yes

Where are Citizens Bank Of Northern Kentucky, Inc. locations?

See branch locations nearby.

Is Citizens Bank Of Northern Kentucky, Inc. open on Saturdays?

Is Citizens Bank Of Northern Kentucky, Inc. open on Sundays?

What time does Citizens Bank Of Northern Kentucky, Inc. open?

What time does Citizens Bank Of Northern Kentucky, Inc. close?

Are Citizens Bank Of Northern Kentucky, Inc. ATMs Open 24/7?

Do Citizens Bank Of Northern Kentucky, Inc. ATMs accept cash deposits?

Can Citizens Bank Of Northern Kentucky, Inc. customers use other ATMs?

Do Citizens Bank Of Northern Kentucky, Inc. branches have notaries?

Will Citizens Bank Of Northern Kentucky, Inc. notarize my document?

What address for Citizens Bank Of Northern Kentucky, Inc. should I put for incoming ACH transfers?

Will the Citizens Bank Of Northern Kentucky, Inc. branch print checks?

Do Citizens Bank Of Northern Kentucky, Inc. checks expire?

Does Citizens Bank Of Northern Kentucky, Inc. require US citizenship to open account?

Can Citizens Bank Of Northern Kentucky, Inc. close my account?

Does Citizens Bank Of Northern Kentucky, Inc. Report to credit bureaus?

Does Citizens Bank Of Northern Kentucky, Inc. Use Equifax?

What is Citizens Bank Of Northern Kentucky, Inc.'s ACH Routing Number?

What is Citizens Bank Of Northern Kentucky, Inc.'s SWIFT code?

Products

Does Citizens Bank Of Northern Kentucky, Inc. offer mortgages?

Compare mortgage rates here.

Does Citizens Bank Of Northern Kentucky, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Bank Of Northern Kentucky, Inc. offer personal loans?

Compare personal loan rates here.

Does Citizens Bank Of Northern Kentucky, Inc. offer student loans?

Will Citizens Bank Of Northern Kentucky, Inc. cash a check?

Will Citizens Bank Of Northern Kentucky, Inc. redeem a savings bond?

Does Citizens Bank Of Northern Kentucky, Inc. cash savings bonds?

Will Citizens Bank Of Northern Kentucky, Inc. cash money orders?

Can Citizens Bank Of Northern Kentucky, Inc. issue a money order?

Does Citizens Bank Of Northern Kentucky, Inc. do currency exchange?

Background on The Bank

Who owns Citizens Bank Of Northern Kentucky, Inc.?

How long has Citizens Bank Of Northern Kentucky, Inc. been around?

Can Citizens Bank Of Northern Kentucky, Inc. transfer to other banks?

Does Citizens Bank Of Northern Kentucky, Inc. have quick pay?

Does Citizens Bank Of Northern Kentucky, Inc. accept rolled coins?

Will Citizens Bank Of Northern Kentucky, Inc. accept loose change?

Where is Citizens Bank Of Northern Kentucky, Inc. headquarters?

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