First Citizens Bank

Headquarters

425 West Dixie Avenue
Elizabethtown, KY 42701
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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

First Citizens Bank is an FDIC insured institution located in Elizabethtown, KY. It was founded in 1964 and has approximately $0.3 billion in assets.

FDIC Insured Yes
FDIC Certificate # 19304
Date Established 1964
Assets $ 292.44 million
Loans $ 180.56 million
Deposits $ 248.48 million
Capital $ 27.81 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Citizens 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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 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
2.990 %
$0 Learn More
More Info

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

Branches

First Citizens 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


First Citizens Bank Locations


Financial Details

First Citizens Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Citizens 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
First Citizens Bank U.S. Bank Average
3.85% 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, First Citizens Bank had $108,000 in non-current loans and $1,011,000 in owned real estate. To cover these potential losses it had $27,814,000 in equity and $1,266,000 in loans loss reserves. That gives it a Texas Ratio of 3.85%.

Return on Equity
First Citizens Bank U.S. Bank Average
18.44% 7.80%

First Citizens Bank has a Return on Equity of 18.44% 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
First Citizens Bank U.S. Bank Average
9.51% 12.68%

First Citizens Bank has a Capitalization of 9.51% 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.

First Citizens Bank Balance Sheet Analysis

As of December 31, 2016, First Citizens Bank had assets of $295,948,000, loans of $180,563,000, and deposits of $248,481,000. 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 $ 180.56 million
Loan loss allowance $ 1.27 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.01 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 248.48 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 $ 292.44 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 First Citizens Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Kentucky, First Citizens Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 40.33
Multifamily
Mortgages
1.12
Credit Card Loans 0.00
Consumer Auto Loans 0.12
Small Business Loans 9.29
Construction and Development Loans 11.90
Commercial Real Estate 36.13
Commercial and Industrial Loans 2.97
Farm Loans 0.13

Frequently Asked Questions About First Citizens Bank

Branches and Savings

Is First Citizens Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19304.

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

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

Why are First Citizens Bank CD rates not competitive?

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

Is First Citizens Bank a commercial bank?

Yes

Where are First Citizens Bank locations?

See branch locations nearby.

Is First Citizens Bank open on Saturdays?

Is First Citizens Bank open on Sundays?

What time does First Citizens Bank open?

What time does First Citizens Bank close?

Are First Citizens Bank ATMs Open 24/7?

Do First Citizens Bank ATMs accept cash deposits?

Can First Citizens Bank customers use other ATMs?

Do First Citizens Bank branches have notaries?

Will First Citizens Bank notarize my document?

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

Will the First Citizens Bank branch print checks?

Do First Citizens Bank checks expire?

Does First Citizens Bank require US citizenship to open account?

Can First Citizens Bank close my account?

Does First Citizens Bank Report to credit bureaus?

Does First Citizens Bank Use Equifax?

What is First Citizens Bank's ACH Routing Number?

What is First Citizens Bank's SWIFT code?

Products

Does First Citizens Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Citizens Bank offer personal loans?

Compare personal loan rates here.

Does First Citizens Bank offer student loans?

Will First Citizens Bank cash a check?

Will First Citizens Bank redeem a savings bond?

Does First Citizens Bank cash savings bonds?

Will First Citizens Bank cash money orders?

Can First Citizens Bank issue a money order?

Does First Citizens Bank do currency exchange?

Background on The Bank

Who owns First Citizens Bank?

How long has First Citizens Bank been around?

Can First Citizens Bank transfer to other banks?

Does First Citizens Bank have quick pay?

Does First Citizens Bank accept rolled coins?

Will First Citizens Bank accept loose change?

Where is First Citizens Bank headquarters?

Customer Reviews for First Citizens Bank

There are currently no comments for First Citizens Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →