Citizens First State Bank of Walnut

Headquarters

105 North Main Street
Walnut, IL 61376
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Citizens First State Bank of Walnut is an FDIC insured institution located in Walnut, IL. It was founded in 1920 and has approximately $0.05 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 939
Date Established 1920
Assets $ 48.62 million
Loans $ 24.07 million
Deposits $ 44.02 million
Capital $ 4.55 million
 

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

Deposit Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

Checking Rates APY MIN FEE
eBlue 1.00% $0 $0.00 Learn MoreShow Less
 

Loan Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citizens First State Bank of Walnut

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
New American Funding
NMLS ID: 6606
2.617% 2.500% 0.88 $3,862 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to Citizens First State Bank of Walnut
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Branches

Citizens First State Bank of Walnut 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 First State Bank of Walnut Locations


Financial Details

Citizens First State Bank of Walnut Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens First State Bank of Walnut. 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 First State Bank of Walnut U.S. Bank Average
3.32% 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 First State Bank of Walnut had $60,000 in non-current loans and $100,000 in owned real estate. To cover these potential losses it had $4,545,000 in equity and $269,000 in loans loss reserves. That gives it a Texas Ratio of 3.32%.

Return on Equity
Citizens First State Bank of Walnut U.S. Bank Average
8.59% 7.80%

Citizens First State Bank of Walnut has a Return on Equity of 8.59% 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 First State Bank of Walnut U.S. Bank Average
9.35% 12.68%

Citizens First State Bank of Walnut has a Capitalization of 9.35% 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 First State Bank of Walnut Balance Sheet Analysis

As of March 31, 2020, Citizens First State Bank of Walnut had assets of $48,621,000, loans of $24,072,000, and deposits of $44,016,000. 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 $ 10.91 million
Interest-bearing balances $ 6.48 million
Total securities $ 12.71 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 24.07 million
Loan loss allowance $ 0.27 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles N.A.
All other assets $ 0.59 million
     Total Assets $ 44.08 million
LIABILITIES
Total deposits $ 44.02 million
      Interest-bearing deposits $ 34.78 million
      Deposits held in domestic offices $ 44.02 million
      % insured (estimated) 91.61%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.06 million
      Total Liabilities $ 44.08 million
      Shareholders’ Equity $ 4.55 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.42 million
Total Interest Expense $ 0.05 million
Net interest income $ 0.37 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.35 million
Pre-tax Net Operating Income $ 0.10 million

Bank Loan Profile?

The top three loan types in Citizens First State Bank of Walnut’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Farm Loans.

Compared to other banks, Citizens First State Bank of Walnut’s loan portfolio does not show any specific loan specialty.

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 47.01
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.89
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 6.51
Commercial and Industrial Loans 9.90
Farm Loans 9.45

Frequently Asked Questions About Citizens First State Bank Of Walnut

Branches and Savings

Is Citizens First State Bank Of Walnut FDIC insured?

Yes. It is covered under FDIC Certificate #939.

Why does Citizens First State Bank Of Walnut pay such low interest on savings accounts?

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

Why are Citizens First State Bank Of Walnut CD rates not competitive?

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

Is Citizens First State Bank Of Walnut a commercial bank?

Yes

Where are Citizens First State Bank Of Walnut locations?

See branch locations nearby.

Is Citizens First State Bank Of Walnut open on Saturdays?

Is Citizens First State Bank Of Walnut open on Sundays?

What time does Citizens First State Bank Of Walnut open?

What time does Citizens First State Bank Of Walnut close?

Are Citizens First State Bank Of Walnut ATMs Open 24/7?

Do Citizens First State Bank Of Walnut ATMs accept cash deposits?

Can Citizens First State Bank Of Walnut customers use other ATMs?

Do Citizens First State Bank Of Walnut branches have notaries?

Will Citizens First State Bank Of Walnut notarize my document?

What address for Citizens First State Bank Of Walnut should I put for incoming ACH transfers?

Will the Citizens First State Bank Of Walnut branch print checks?

Do Citizens First State Bank Of Walnut checks expire?

Does Citizens First State Bank Of Walnut require US citizenship to open account?

Can Citizens First State Bank Of Walnut close my account?

Does Citizens First State Bank Of Walnut Report to credit bureaus?

Does Citizens First State Bank Of Walnut Use Equifax?

What is Citizens First State Bank Of Walnut's ACH Routing Number?

What is Citizens First State Bank Of Walnut's SWIFT code?

Products

Does Citizens First State Bank Of Walnut offer mortgages?

Compare mortgage rates here.

Does Citizens First State Bank Of Walnut offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens First State Bank Of Walnut offer personal loans?

Compare personal loan rates here.

Does Citizens First State Bank Of Walnut offer student loans?

Will Citizens First State Bank Of Walnut cash a check?

Will Citizens First State Bank Of Walnut redeem a savings bond?

Does Citizens First State Bank Of Walnut cash savings bonds?

Will Citizens First State Bank Of Walnut cash money orders?

Can Citizens First State Bank Of Walnut issue a money order?

Does Citizens First State Bank Of Walnut do currency exchange?

Background on The Bank

Who owns Citizens First State Bank Of Walnut?

How long has Citizens First State Bank Of Walnut been around?

Can Citizens First State Bank Of Walnut transfer to other banks?

Does Citizens First State Bank Of Walnut have quick pay?

Does Citizens First State Bank Of Walnut accept rolled coins?

Will Citizens First State Bank Of Walnut accept loose change?

Where is Citizens First State Bank Of Walnut headquarters?

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