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Citizens Bank

Cairo, GA · Cert 5712

FDIC · 1 branch

Q3 2016

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2016, the quarter ended September 30, 2016, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Citizens Bank

Cairo, GA · Cert 5712

FDIC · 1 branch

Q3 2016

$31.5MAssets
$18.9MLoans
$27.1MDeposits
$4.3MEquity
Loan mix
65%RE $10.6M25%C&I $4.0M10%Consumer $1.6MQ3 2015Q3 2016
Deposit mix
81%Interest-bearing $21.8M19%Noninterest $5.3MQ3 2015Q3 2016

NIM

3.02%Q3 ’143.61%Q3 ’153.79%Q3 ’16+21%+5%

Non-interest income vs. expense

3.32%Q3 ’143.92%Q3 ’155.10%Q3 ’16+17%+34%

Executive Summary

  • Earnings: ROA of -1.09%, down 101 bps year over year; NIM at 3.53%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.06%.
  • Capital: tier 1 leverage ratio of 13.61%, up 44 bps from a year ago.
  • Funding: loans stand at 69.80% of deposits as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

-1.09%-101 bps YoY

Net Interest Margin (YTD, annualized)

3.53%+16 bps YoY

Efficiency Ratio (YTD, annualized)

127.88%+2,568 bps YoY

Tier 1 Leverage Ratio

13.61%+44 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets-0.08%-0.14%-0.31%-0.42%-1.09%-101 bps
Return on Equity-0.64%-1.14%-2.29%-3.05%-7.86%-723 bps
Net Interest Margin3.37%3.41%3.57%3.53%3.53%+16 bps
Efficiency Ratio102.20%103.87%108.15%110.90%127.88%+2,568 bps
Non-Interest Burden3.45%3.56%3.90%3.96%4.64%+119 bps
Growth
Asset Growth (YoY)-13.20%-22.55%-8.42%-9.21%-5.46%+774 bps
Loan Growth (YoY)11.02%4.04%0.51%-5.09%-8.68%-1,969 bps
Deposit Growth (YoY)-15.06%-25.13%-9.42%-10.48%-5.42%+964 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.00%2.95%1.58%1.06%+105 bps
Allowance / Loans2.09%2.14%1.47%1.46%1.51%-58 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio13.17%13.19%14.11%14.08%13.61%+44 bps
Total Risk-Based Capital23.28%23.94%24.02%24.42%23.98%+70 bps
Equity / Assets13.81%13.48%14.00%14.19%13.69%-12 bps
Liquidity & Funding
Loans / Deposits72.29%69.82%71.05%71.29%69.80%-249 bps
Liquid Assets / Assets7.79%11.86%6.62%6.73%5.06%-272 bps
CRE / Total Capitaln/an/an/an/an/an/an/a