Citizens Tri-County Bank

Headquarters

15699 Rankin Avenue
Dunlap, TN 37327
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.62% →
1-Year CD 0.25% 1.55% →
2-Year CD 0.35% 1.45% →
5-Year CD 0.50% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Citizens Tri-County Bank is an FDIC insured institution located in Dunlap, TN. It was founded in 1972 and has approximately $0.93 billion in assets. Customers can open an account at one of its 26 branches.

FDIC Insured Yes
FDIC Certificate # 20818
Date Established 1972
Assets $ 927.62 million
Loans $ 565.30 million
Deposits $ 828.69 million
Capital $ 91.83 million
 

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

Deposit Rates - May 29, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.25% $2,500 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $500 - Learn More
6 Mo CD
0.15% $500 - Learn More
12 Mo CD
0.25% $500 - Learn More
18 Mo CD
0.30% $500 - Learn More
24 Mo CD
0.35% $500 - Learn More
36 Mo CD
0.40% $500 - Learn More
48 Mo CD
0.45% $500 - Learn More
60 Mo CD
0.50% $500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $900 $2,499 Learn MoreShow Less
Int Ckg
0.25% $2,500 - Learn MoreShow Less

Loan Rates - May 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citizens Tri-County Bank

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

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.952% 2.875% 1.00 $2,485 $1,038 Learn More

Note to Citizens Tri-County Bank
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Branches

Citizens Tri-County Bank 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 Tri-County Bank Locations


Financial Details

Citizens Tri-County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Tri-County Bank. 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
Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
Citizens Tri-County Bank U.S. Bank Average
11.34% 6.51%

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 December 31, 2019, Citizens Tri-County Bank had $9,815,000 in non-current loans and $1,593,000 in owned real estate. To cover these potential losses it had $91,825,000 in equity and $8,776,000 in loans loss reserves. That gives it a Texas Ratio of 11.34%.

Return on Equity
Citizens Tri-County Bank U.S. Bank Average
17.71% 9.41%

Citizens Tri-County Bank has a Return on Equity of 17.71% versus the BestCashCow average of 9.41%. 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 Tri-County Bank U.S. Bank Average
9.9% 12.82%

Citizens Tri-County Bank has a Capitalization of 9.9% versus the BestCashCow average of 12.82. 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 Tri-County Bank Balance Sheet Analysis

As of December 31, 2019, Citizens Tri-County Bank had assets of $927,615,000, loans of $565,296,000, and deposits of $828,691,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 110.39 million
Interest-bearing balances $ 67.27 million
Total securities $ 204.24 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 565.30 million
Loan loss allowance $ 8.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.59 million
Goodwill and other intangibles $ 5.94 million
All other assets $ 25.38 million
     Total Assets $ 835.79 million
LIABILITIES
Total deposits $ 828.69 million
      Interest-bearing deposits $ 660.47 million
      Deposits held in domestic offices $ 828.69 million
      % insured (estimated) 78.61%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 7.10 million
      Total Liabilities $ 835.79 million
      Shareholders’ Equity $ 91.83 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 43.27 million
Total Interest Expense $ 9.15 million
Net interest income $ 34.12 million
Provision for loan and lease losses $ 1.35 million
Total non interest income $ 8.92 million
Total non interest expense $ 24.88 million
Pre-tax Net Operating Income $ 16.81 million

Bank Loan Profile?

The top three loan types in Citizens Tri-County Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.

Compared to other banks in Tennessee, Citizens Tri-County Bank has a significantly higher percent of Construction and Development 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 38.33
Multifamily
Mortgages
0.42
Credit Card Loans 0.13
Consumer Auto Loans 3.13
Small Business Loans 10.87
Construction and Development Loans 18.70
Commercial Real Estate 18.58
Commercial and Industrial Loans 3.46
Farm Loans 0.09

Frequently Asked Questions About Citizens Tri-county Bank

Branches and Savings

Is Citizens Tri-county Bank FDIC insured?

Yes. It is covered under FDIC Certificate #20818.

Why does Citizens Tri-county Bank pay such low interest on savings accounts?

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

Why are Citizens Tri-county Bank CD rates not competitive?

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

Is Citizens Tri-county Bank a commercial bank?

Yes

Where are Citizens Tri-county Bank locations?

See branch locations nearby.

Is Citizens Tri-county Bank open on Saturdays?

Is Citizens Tri-county Bank open on Sundays?

What time does Citizens Tri-county Bank open?

What time does Citizens Tri-county Bank close?

Are Citizens Tri-county Bank ATMs Open 24/7?

Do Citizens Tri-county Bank ATMs accept cash deposits?

Can Citizens Tri-county Bank customers use other ATMs?

Do Citizens Tri-county Bank branches have notaries?

Will Citizens Tri-county Bank notarize my document?

What address for Citizens Tri-county Bank should I put for incoming ACH transfers?

Will the Citizens Tri-county Bank branch print checks?

Do Citizens Tri-county Bank checks expire?

Does Citizens Tri-county Bank require US citizenship to open account?

Can Citizens Tri-county Bank close my account?

Does Citizens Tri-county Bank Report to credit bureaus?

Does Citizens Tri-county Bank Use Equifax?

What is Citizens Tri-county Bank's ACH Routing Number?

What is Citizens Tri-county Bank's SWIFT code?

Products

Does Citizens Tri-county Bank offer mortgages?

Compare mortgage rates here.

Does Citizens Tri-county Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Tri-county Bank offer personal loans?

Compare personal loan rates here.

Does Citizens Tri-county Bank offer student loans?

Will Citizens Tri-county Bank cash a check?

Will Citizens Tri-county Bank redeem a savings bond?

Does Citizens Tri-county Bank cash savings bonds?

Will Citizens Tri-county Bank cash money orders?

Can Citizens Tri-county Bank issue a money order?

Does Citizens Tri-county Bank do currency exchange?

Background on The Bank

Who owns Citizens Tri-county Bank?

How long has Citizens Tri-county Bank been around?

Can Citizens Tri-county Bank transfer to other banks?

Does Citizens Tri-county Bank have quick pay?

Does Citizens Tri-county Bank accept rolled coins?

Will Citizens Tri-county Bank accept loose change?

Where is Citizens Tri-county Bank headquarters?

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