Citizens Bank and Trust Company, Financial Information

AboutCitizens Bank and Trust Company

 Address:
126 South Main Street
Blackstone,VA
Nottoway County,Virginia
 Established:
Jul 1873
 Number of domestic offices:
12
Total assets$493M
Net income$5M
Net income,quarterly$1M
Total deposits$420M
Domestic deposits$420M
Equity capital$58M
ROA1.22%
ROAQ,quarterly1.1%
ROA,pretax1.1%
ROAQ,quarterly,pretax1.36%
ROE9.62%
ROEQ,quarterly9.15%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Citizens Bank and Trust Company is the second oldest independent community bank in the State of Virginia. In 1921 Citizens Bank and Trust Company moved into the building where the Main Office and Corporate Headquarters still operate today. Located on the corner of South Main and Elm Streets the building was a two story, grey-brick, stone-trimmed facility with the landmark clock over the entrance way.

In 1973 Citizens Bank and Trust Company opened the second office in Nottoway County in the town of Crewe, Virginia. The third office was opened in Burkeville, Virginia in 1985. With three offices in Nottoway County, Citizens Bank expanded into Amelia County in 1988. The fourth office was opened in 1991 when Citizens purchased the office of First Colonial Savings and Loan, located in the Blackstone Shopping Center on Route 40. The success of Citizens Bank and Trust in Nottoway and Amelia County prompted interest in the Prince Edward market and the first office located in Farmville was opened in 1993. The second office in Prince Edward was opened in 1996.

The Chesterfield office was opened in May 2004 and Colonial Heights was opened in April 2005. In November 2006, Citizens Bank and Trust Company expanded into Mecklenburg County with an office in South Hill. With eleven locations in Southside Virginia, Citizens Bank and Trust Company is still committed to serve the communities with the same policy as when the doors opened in 1873. service.

Blackstone Main Office
126 South Main Street
Blackstone, Va. 23824
434-292-8100
800-550-1873
434-292-1906 (fax)

Blackstone Drive up Facility
101 North Main Street
Blackstone, Va. 23824
434-292-8100
434-292-1906 (fax)

Amelia
P.O. Box 620
9060 N. Five Forks Road
Amelia, Va. 23002
804-561-3939
804-561-3935 (fax)