The Citizens Bank of Cochran

Headquarters

124 E Dykes St
Cochran, GA 31014
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

The Citizens Bank of Cochran is an FDIC insured institution located in Cochran, GA. It was founded in 1934 and has approximately $0.18 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 16275
Date Established 1934
Assets $ 176.68 million
Loans $ 140.77 million
Deposits $ 154.13 million
Capital $ 20.73 million
 

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

Deposit Rates - November 4, 2024

Your Current Location: Virginia, VA 20146


Loan Rates - November 4, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Citizens Bank of Cochran

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 2024

Lender APR Rate (%) Monthly
Payment
Learn More
CrossCountry Mortgage
NMLS ID: 3029
6.640% 6.500%
1.00 points
$4,832 fees
$2,023 Learn More
DECO Mortgage
NMLS ID: 2561451
6.690% 6.625%
0.63 points
$2,241 fees
$2,049 Learn More
PenFed Credit Union
NMLS ID: 401822
6.818% 6.625%
1.00 points
$6,400 fees
$2,049 Learn More
Strong Home Mortgage, LLC
NMLS ID: 1675638
6.859% 6.750%
0.75 points
$3,578 fees
$2,076 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

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

Branches

The Citizens Bank of Cochran 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


The Citizens Bank of Cochran Locations around zip code 20146


BranchDistance Map View Lobby Hours

Dublin Branch

533.68 A View Lobby Hours

The Citizens Bank Of Cochran

554.86 B View Lobby Hours


Climate Policy and Initiatives

The Citizens Bank of Cochran is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


Add Your Review


or use your BestCashCow account

or

Financial Details

The Citizens Bank of Cochran Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Citizens Bank of Cochran. 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
The Citizens Bank of Cochran U.S. Bank Average
1.34% 4.48%

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 June 30, 2024, The Citizens Bank of Cochran had $137,000 in non-current loans and $165,000 in owned real estate. To cover these potential losses it had $20,732,000 in equity and $1,864,000 in loans loss reserves. That gives it a Texas Ratio of 1.34%.

Return on Equity
The Citizens Bank of Cochran U.S. Bank Average
15.33% 10.46%

The Citizens Bank of Cochran has a Return on Equity of 15.33% versus the BestCashCow average of 10.46%. 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
The Citizens Bank of Cochran U.S. Bank Average
11.73% 10.84%

The Citizens Bank of Cochran has a Capitalization of 11.73% versus the BestCashCow average of 10.84. 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.

The Citizens Bank of Cochran Balance Sheet Analysis

As of June 30, 2024, The Citizens Bank of Cochran had assets of $176,677,000, loans of $140,769,000, and deposits of $154,133,000. 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

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 18.55 million
Interest-bearing balances $ 16.13 million
Total securities $ 12.35 million
Federal funds sold and reverse repurchase $ 0.41 million
Net loans and leases $ 140.77 million
Loan loss allowance $ 1.86 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.17 million
Goodwill and other intangibles N.A.
All other assets $ 1.34 million
     Total Assets $ 155.95 million
LIABILITIES
Total deposits $ 154.13 million
      Interest-bearing deposits $ 132.71 million
      Deposits held in domestic offices $ 154.13 million
      % insured (estimated) 81.95%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.06 million
      Total Liabilities $ 155.95 million
      Shareholders’ Equity $ 20.73 million

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 6.00 million
Total Interest Expense $ 1.88 million
Net interest income $ 4.12 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.25 million
Total non interest expense $ 2.27 million
Pre-tax Net Operating Income $ 1.36 million

Bank Loan Profile?

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

Compared to other banks, The Citizens Bank of Cochran’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 32.61
Multifamily
Mortgages
0.78
Credit Card Loans 0.00
Consumer Auto Loans 1.12
Small Business Loans 10.09
Construction and Development Loans 14.78
Commercial Real Estate 14.86
Commercial and Industrial Loans 5.80
Farm Loans 0.46

Customer Reviews for The Citizens Bank of Cochran

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


Add Your Review


or use your BestCashCow account

or