Citizens Bank & Trust Company


Citizens Bank & Trust Company is an FDIC insured institution headquartered at 222 N New Hampshire St, Covington, LA 70433.
It was founded in 1945 and has approximately $0 billion in assets. Customers can open an account at one of its 5 branches.

Deposit Rates - April 28, 2024

SAVINGS RATES APY MIN
Savings
0.40% $10 Compare
CD RATES APY MIN
6 Mo CD
0.50% $1,000 Compare
12 Mo CD
0.60% $1,000 Compare
18 Mo CD
0.70% $500 Compare
24 Mo CD
0.75% $1,000 Compare
36 Mo CD
0.90% $1,000 Compare
48 Mo CD
0.95% $1,000 Compare
60 Mo CD
1.00% $1,000 Compare
MM RATES APY MIN
Money Market
0.25% $1 Compare
Money Market
0.30% $10,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.15% $1,000

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16417
Date Established 1945
Assets $ 180.45 million
Loans $ 140.85 million
Deposits $ 148.92 million
Capital $ 15.21 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 9.93 million
Interest-bearing balances $ 8.17 million
Total securities $ 23.92 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 140.85 million
Loan loss allowance $ 1.16 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.50 million
Goodwill and other intangibles N.A.
All other assets $ 2.70 million
     Total Assets $ 165.24 million

LIABILITIES
Total deposits $ 148.92 million
      Interest-bearing deposits $ 101.07 million
      Deposits held in domestic offices $ 148.92 million
      % insured (estimated) 83.23%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.49 millionn
      Total Liabilities $ 165.24 million
      Shareholders’ Equity $ 15.21 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 8.93 million
Total Interest Expense $ 2.47 million
Net interest income $ 6.46 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.59 million
Total non interest expense $ 5.14 million
Pre-tax Net Operating Income $ 1.20 million

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Branches

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Citizens Bank & Trust Company Locations