Citizens' Bank, Inc.

Established in 1981

About Citizens' Bank, Inc.

Citizens' Bank, Inc. was established on 1981. The bank's headquarters are located at 21980 Palmer Street in Robertsdale, Alabama.

Citizens' Bank, Inc. is an FDIC insured bank with FDIC number 23523 managing assets to the value of $130,270 as of 12/31/2020.

Citizens' Bank, Inc. has a Texas ratio of 4.10%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

4.10%
Texas Ratio
FDIC Certificate #

23523

Active Insured Since #

8/9/1981

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $130,270
Equity Capital $14,553
Total Deposits $106,570
Total Liabilities $115,717
Total Securities $37,892
Net Loans And Leases $80,213
Loan Loss Allowance $1,182
Total Loans And Leases $81,395
YTD (as of 12/31/2020)
Return On Assets 0.51%
Return On Equity 4.44%
Total Interest Income $4,464
Total Interest Expense $296
Total Non Interest Income $540
Total Non Interest Expense $3,827

Headquarters

21980 Palmer Street 36567, Robertsdale

Citizens' Bank, Inc. branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $81,395 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Citizens' Bank, Inc. Mortgage Loans Profile

Classic Bank

77.50%

Application Approval Rate

Classic Bank

$225,000

Average Mortgage Loan Amount

Classic Bank

40

Number of Loan Applications

Classic Bank

$178,385

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Baldwin

Number of Loan Applications
38
Average Loan Amount
$228,000
Approval Rate
78.95%
Average Income of Approved Loans’ Applicants
$181,800

2 Elmore

Number of Loan Applications
1
Average Loan Amount
$0
Approval Rate
0.00%
Average Income of Approved Loans’ Applicants
$0

3 Mobile

Number of Loan Applications
1
Average Loan Amount
$135,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$93,000

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
40
Average Loan Amount
$225,000
Approval Rate
77.50%
Average Income of Approved Loans’ Applicants
$178,385