Citizens Bank & Trust Company

Headquarters

201 East Main Street
Campbellsville, KY 42718
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.65% →
1-Year CD 0.50% 0.70% →
2-Year CD 0.75% 0.75% →
5-Year CD 1.40% 1.15% →
30-Year Mortgage 3.94% 2.72% →
15-Year Mortgage 3.49% 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Citizens Bank & Trust Company is an FDIC insured institution located in Campbellsville, KY. It was founded in 1939 and has approximately $0.29 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 15675
Date Established 1939
Assets $ 289.68 million
Loans $ 155.18 million
Deposits $ 247.72 million
Capital $ 40.18 million
 

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

Deposit Rates - July 29, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.20% $10,000 $14,999 Learn More
36 Mo CD
1.20% $100,000 $199,999 Learn More
48 Mo CD
1.35% $10,000 $14,999 Learn More
48 Mo CD
1.35% $100,000 $199,999 Learn More
60 Mo CD
1.40% $10,000 $14,999 Learn More
60 Mo CD
1.40% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - July 29, 2021

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Citizens Bank & Trust Company 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 & Trust Company Locations


Financial Details

Citizens Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Bank & Trust Company. 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 & Trust Company U.S. Bank Average
1.85% 5.29%

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, 2021, Citizens Bank & Trust Company had $802,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $40,176,000 in equity and $3,076,000 in loans loss reserves. That gives it a Texas Ratio of 1.85%.

Return on Equity
Citizens Bank & Trust Company U.S. Bank Average
7.22% 11.43%

Citizens Bank & Trust Company has a Return on Equity of 7.22% versus the BestCashCow average of 11.43%. 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 & Trust Company U.S. Bank Average
13.87% 11.51%

Citizens Bank & Trust Company has a Capitalization of 13.87% versus the BestCashCow average of 11.51. 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 & Trust Company Balance Sheet Analysis

As of March 31, 2021, Citizens Bank & Trust Company had assets of $289,675,000, loans of $155,184,000, and deposits of $247,721,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 27.15 million
Interest-bearing balances $ 18.83 million
Total securities $ 103.01 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 155.18 million
Loan loss allowance $ 3.08 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.43 million
All other assets $ 2.75 million
     Total Assets $ 249.50 million
LIABILITIES
Total deposits $ 247.72 million
      Interest-bearing deposits $ 185.21 million
      Deposits held in domestic offices $ 247.72 million
      % insured (estimated) 83.60%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.78 million
      Total Liabilities $ 249.50 million
      Shareholders’ Equity $ 40.18 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 2.24 million
Total Interest Expense $ 0.29 million
Net interest income $ 1.96 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.58 million
Total non interest expense $ 1.55 million
Pre-tax Net Operating Income $ 0.92 million

Bank Loan Profile?

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

Compared to other banks in Kentucky, Citizens Bank & Trust Company has a significantly higher percent of Commercial and Industrial 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 35.54
Multifamily
Mortgages
1.75
Credit Card Loans 0.00
Consumer Auto Loans 2.82
Small Business Loans 0.00
Construction and Development Loans 2.07
Commercial Real Estate 15.71
Commercial and Industrial Loans 32.51
Farm Loans 1.38

Frequently Asked Questions About Citizens Bank & Trust Company

Branches and Savings

Is Citizens Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #15675.

Why does Citizens Bank & Trust Company 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 & Trust Company CD rates not competitive?

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

Is Citizens Bank & Trust Company a commercial bank?

Yes

Where are Citizens Bank & Trust Company locations?

See branch locations nearby.

Is Citizens Bank & Trust Company open on Saturdays?

Is Citizens Bank & Trust Company open on Sundays?

What time does Citizens Bank & Trust Company open?

What time does Citizens Bank & Trust Company close?

Are Citizens Bank & Trust Company ATMs Open 24/7?

Do Citizens Bank & Trust Company ATMs accept cash deposits?

Can Citizens Bank & Trust Company customers use other ATMs?

Do Citizens Bank & Trust Company branches have notaries?

Will Citizens Bank & Trust Company notarize my document?

What address for Citizens Bank & Trust Company should I put for incoming ACH transfers?

Will the Citizens Bank & Trust Company branch print checks?

Do Citizens Bank & Trust Company checks expire?

Does Citizens Bank & Trust Company require US citizenship to open account?

Can Citizens Bank & Trust Company close my account?

Does Citizens Bank & Trust Company Report to credit bureaus?

Does Citizens Bank & Trust Company Use Equifax?

What is Citizens Bank & Trust Company's ACH Routing Number?

What is Citizens Bank & Trust Company's SWIFT code?

Products

Does Citizens Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Citizens Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Citizens Bank & Trust Company offer student loans?

Will Citizens Bank & Trust Company cash a check?

Will Citizens Bank & Trust Company redeem a savings bond?

Does Citizens Bank & Trust Company cash savings bonds?

Will Citizens Bank & Trust Company cash money orders?

Can Citizens Bank & Trust Company issue a money order?

Does Citizens Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Citizens Bank & Trust Company?

How long has Citizens Bank & Trust Company been around?

Can Citizens Bank & Trust Company transfer to other banks?

Does Citizens Bank & Trust Company have quick pay?

Does Citizens Bank & Trust Company accept rolled coins?

Will Citizens Bank & Trust Company accept loose change?

Where is Citizens Bank & Trust Company headquarters?

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