The Citizens Bank of Fayette

Headquarters

100 Temple Avenue South
Fayette, AL 35555
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.60% →
1-Year CD 0.65% 1.55% →
2-Year CD 0.95% 1.45% →
5-Year CD 1.00% 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

The Citizens Bank of Fayette is an FDIC insured institution located in Fayette, AL. It was founded in 1913 and has approximately $0.19 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 5600
Date Established 1913
Assets $ 190.44 million
Loans $ 38.63 million
Deposits $ 145.41 million
Capital $ 40.15 million
 

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

Deposit Rates - May 31, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $100 - Learn More
Money Market
0.10% $2,500 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn More
6 Mo CD
0.35% $1,000 - Learn More
12 Mo CD
0.65% $1,000 - Learn More
18 Mo CD
0.85% $1,000 - Learn More
24 Mo CD
0.95% $1,000 - Learn More
30 Mo CD
1.00% $1,000 - Learn More
36 Mo CD
1.00% $1,000 - Learn More
48 Mo CD
1.00% $1,000 - Learn More
60 Mo CD
1.00% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 - Learn MoreShow Less

Loan Rates - May 31, 2020

Your Current Location: Virginia, VA 20146

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

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
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 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
2.952% 2.875% 1.00 $2,485 $1,038 Learn More

Note to The Citizens Bank of Fayette
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Branches

The Citizens Bank of Fayette 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 Fayette Locations


Financial Details

The Citizens Bank of Fayette Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Citizens Bank of Fayette. 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
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
The Citizens Bank of Fayette U.S. Bank Average
3.25% 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, The Citizens Bank of Fayette had $1,294,000 in non-current loans and $28,000 in owned real estate. To cover these potential losses it had $40,153,000 in equity and $516,000 in loans loss reserves. That gives it a Texas Ratio of 3.25%.

Return on Equity
The Citizens Bank of Fayette U.S. Bank Average
4.37% 9.41%

The Citizens Bank of Fayette has a Return on Equity of 4.37% 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
The Citizens Bank of Fayette U.S. Bank Average
21.08% 12.82%

The Citizens Bank of Fayette has a Capitalization of 21.08% 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.

The Citizens Bank of Fayette Balance Sheet Analysis

As of December 31, 2019, The Citizens Bank of Fayette had assets of $190,437,000, loans of $38,627,000, and deposits of $145,406,000. 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 $ 6.85 million
Interest-bearing balances $ 5.49 million
Total securities $ 131.46 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 38.63 million
Loan loss allowance $ 0.52 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles N.A.
All other assets $ 13.07 million
     Total Assets $ 150.28 million
LIABILITIES
Total deposits $ 145.41 million
      Interest-bearing deposits $ 115.17 million
      Deposits held in domestic offices $ 145.41 million
      % insured (estimated) 83.70%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 4.88 million
      Total Liabilities $ 150.28 million
      Shareholders’ Equity $ 40.15 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 6.36 million
Total Interest Expense $ 1.26 million
Net interest income $ 5.10 million
Provision for loan and lease losses $ 0.09 million
Total non interest income $ 0.52 million
Total non interest expense $ 3.41 million
Pre-tax Net Operating Income $ 2.11 million

Bank Loan Profile?

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

Compared to other banks in Alabama, The Citizens Bank of Fayette has a significantly higher percent of Consumer Auto Loans, Commercial and Industrial 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 16.36
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 6.37
Small Business Loans 15.72
Construction and Development Loans 13.55
Commercial Real Estate 17.80
Commercial and Industrial Loans 26.50
Farm Loans 5.90

Frequently Asked Questions About The Citizens Bank Of Fayette

Branches and Savings

Is The Citizens Bank Of Fayette FDIC insured?

Yes. It is covered under FDIC Certificate #5600.

Why does The Citizens Bank Of Fayette pay such low interest on savings accounts?

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

Why are The Citizens Bank Of Fayette CD rates not competitive?

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

Is The Citizens Bank Of Fayette a commercial bank?

Yes

Where are The Citizens Bank Of Fayette locations?

See branch locations nearby.

Is The Citizens Bank Of Fayette open on Saturdays?

Is The Citizens Bank Of Fayette open on Sundays?

What time does The Citizens Bank Of Fayette open?

What time does The Citizens Bank Of Fayette close?

Are The Citizens Bank Of Fayette ATMs Open 24/7?

Do The Citizens Bank Of Fayette ATMs accept cash deposits?

Can The Citizens Bank Of Fayette customers use other ATMs?

Do The Citizens Bank Of Fayette branches have notaries?

Will The Citizens Bank Of Fayette notarize my document?

What address for The Citizens Bank Of Fayette should I put for incoming ACH transfers?

Will the The Citizens Bank Of Fayette branch print checks?

Do The Citizens Bank Of Fayette checks expire?

Does The Citizens Bank Of Fayette require US citizenship to open account?

Can The Citizens Bank Of Fayette close my account?

Does The Citizens Bank Of Fayette Report to credit bureaus?

Does The Citizens Bank Of Fayette Use Equifax?

What is The Citizens Bank Of Fayette's ACH Routing Number?

What is The Citizens Bank Of Fayette's SWIFT code?

Products

Does The Citizens Bank Of Fayette offer mortgages?

Compare mortgage rates here.

Does The Citizens Bank Of Fayette offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Citizens Bank Of Fayette offer personal loans?

Compare personal loan rates here.

Does The Citizens Bank Of Fayette offer student loans?

Will The Citizens Bank Of Fayette cash a check?

Will The Citizens Bank Of Fayette redeem a savings bond?

Does The Citizens Bank Of Fayette cash savings bonds?

Will The Citizens Bank Of Fayette cash money orders?

Can The Citizens Bank Of Fayette issue a money order?

Does The Citizens Bank Of Fayette do currency exchange?

Background on The Bank

Who owns The Citizens Bank Of Fayette?

How long has The Citizens Bank Of Fayette been around?

Can The Citizens Bank Of Fayette transfer to other banks?

Does The Citizens Bank Of Fayette have quick pay?

Does The Citizens Bank Of Fayette accept rolled coins?

Will The Citizens Bank Of Fayette accept loose change?

Where is The Citizens Bank Of Fayette headquarters?

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