Citizens State Bank of Loyal

Headquarters

400 North Main Street
Loyal, WI 54446
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.50% 0.95% →
2-Year CD 0.60% 1.05% →
5-Year CD 1.21% 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 State Bank of Loyal is an FDIC insured institution located in Loyal, WI. It was founded in 1909 and has approximately $0.21 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 6186
Date Established 1909
Assets $ 207.57 million
Loans $ 126.85 million
Deposits $ 171.04 million
Capital $ 28.46 million
 

For a more detailed analysis of Citizens State Bank of Loyal'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

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.05% $1 $9,999 Learn More
Money Market
0.05% $10,000 $24,999 Learn More
Money Market
0.10% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 - Learn More
6 Mo CD
0.20% $10,000 $24,999 Learn More
6 Mo CD
0.35% $50,000 - Learn More
Special: 9 Mo CD
0.50% $10,000 - Learn More
12 Mo CD
0.25% $10,000 $24,999 Learn More
12 Mo CD
0.50% $50,000 - Learn More
24 Mo CD
0.35% $10,000 $24,999 Learn More
24 Mo CD
0.60% $50,000 - Learn More
36 Mo CD
0.50% $10,000 $24,999 Learn More
36 Mo CD
0.80% $50,000 - Learn More
48 Mo CD
0.70% $10,000 $24,999 Learn More
48 Mo CD
1.00% $50,000 - Learn More
Special: 59 Mo CD
1.26% $10,000 - Learn More
60 Mo CD
0.90% $10,000 $24,999 Learn More
60 Mo CD
1.21% $50,000 - Learn More

Fixed IRA Rates APY MIN MAX
Special: 15 Mo FIRA
0.50% $5,000 - Learn MoreShow Less
Special: 55 Mo FIRA
1.31% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

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

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Citizens State Bank of Loyal
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Citizens State Bank of Loyal 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 State Bank of Loyal Locations


Financial Details

Citizens State Bank of Loyal Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens State Bank of Loyal. 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 State Bank of Loyal U.S. Bank Average
2.32% 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 State Bank of Loyal had $704,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $28,461,000 in equity and $1,909,000 in loans loss reserves. That gives it a Texas Ratio of 2.32%.

Return on Equity
Citizens State Bank of Loyal U.S. Bank Average
7.54% 7.80%

Citizens State Bank of Loyal has a Return on Equity of 7.54% 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 State Bank of Loyal U.S. Bank Average
13.71% 12.68%

Citizens State Bank of Loyal has a Capitalization of 13.71% 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 State Bank of Loyal Balance Sheet Analysis

As of March 31, 2020, Citizens State Bank of Loyal had assets of $207,566,000, loans of $126,847,000, and deposits of $171,037,000. 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 $ 15.34 million
Interest-bearing balances $ 12.93 million
Total securities $ 47.89 million
Federal funds sold and reverse repurchase $ 5.27 million
Net loans and leases $ 126.85 million
Loan loss allowance $ 1.91 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 $ 8.88 million
     Total Assets $ 179.11 million
LIABILITIES
Total deposits $ 171.04 million
      Interest-bearing deposits $ 144.29 million
      Deposits held in domestic offices $ 171.04 million
      % insured (estimated) 79.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.00 million
Subordinated debt N.A.
All other liabilities $ 3.07 million
      Total Liabilities $ 179.11 million
      Shareholders’ Equity $ 28.46 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.02 million
Total Interest Expense $ 0.37 million
Net interest income $ 1.65 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.32 million
Total non interest expense $ 1.36 million
Pre-tax Net Operating Income $ 0.59 million

Bank Loan Profile?

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

Compared to other banks in Wisconsin, Citizens State Bank of Loyal has a significantly higher percent of Farm 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 13.12
Multifamily
Mortgages
0.07
Credit Card Loans 0.00
Consumer Auto Loans 0.15
Small Business Loans 0.00
Construction and Development Loans 5.65
Commercial Real Estate 11.07
Commercial and Industrial Loans 4.74
Farm Loans 12.29

Frequently Asked Questions About Citizens State Bank Of Loyal

Branches and Savings

Is Citizens State Bank Of Loyal FDIC insured?

Yes. It is covered under FDIC Certificate #6186.

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

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

Why are Citizens State Bank Of Loyal CD rates not competitive?

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

Is Citizens State Bank Of Loyal a commercial bank?

Yes

Where are Citizens State Bank Of Loyal locations?

See branch locations nearby.

Is Citizens State Bank Of Loyal open on Saturdays?

Is Citizens State Bank Of Loyal open on Sundays?

What time does Citizens State Bank Of Loyal open?

What time does Citizens State Bank Of Loyal close?

Are Citizens State Bank Of Loyal ATMs Open 24/7?

Do Citizens State Bank Of Loyal ATMs accept cash deposits?

Can Citizens State Bank Of Loyal customers use other ATMs?

Do Citizens State Bank Of Loyal branches have notaries?

Will Citizens State Bank Of Loyal notarize my document?

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

Will the Citizens State Bank Of Loyal branch print checks?

Do Citizens State Bank Of Loyal checks expire?

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

Can Citizens State Bank Of Loyal close my account?

Does Citizens State Bank Of Loyal Report to credit bureaus?

Does Citizens State Bank Of Loyal Use Equifax?

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

What is Citizens State Bank Of Loyal's SWIFT code?

Products

Does Citizens State Bank Of Loyal offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Citizens State Bank Of Loyal offer personal loans?

Compare personal loan rates here.

Does Citizens State Bank Of Loyal offer student loans?

Will Citizens State Bank Of Loyal cash a check?

Will Citizens State Bank Of Loyal redeem a savings bond?

Does Citizens State Bank Of Loyal cash savings bonds?

Will Citizens State Bank Of Loyal cash money orders?

Can Citizens State Bank Of Loyal issue a money order?

Does Citizens State Bank Of Loyal do currency exchange?

Background on The Bank

Who owns Citizens State Bank Of Loyal?

How long has Citizens State Bank Of Loyal been around?

Can Citizens State Bank Of Loyal transfer to other banks?

Does Citizens State Bank Of Loyal have quick pay?

Does Citizens State Bank Of Loyal accept rolled coins?

Will Citizens State Bank Of Loyal accept loose change?

Where is Citizens State Bank Of Loyal headquarters?

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