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Citizens Bank and Trust, Financial Information

AboutCitizens Bank and Trust

 Address:
2 East Wall Street
Frostproof,FL
Polk County,Florida
 Established:
May 1920
 Number of domestic offices:
15
Total assets$886M
Net income$12M
Net income,quarterly$3M
Total deposits$780M
Domestic deposits$780M
Equity capital$75M
ROA1.49%
ROAQ,quarterly1.22%
ROA,pretax1.22%
ROAQ,quarterly,pretax1.22%
ROE17.87%
ROEQ,quarterly14.62%
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 is a full service financial institution. In addition to Business Checking and Savings plans, the bank also offers a wide range of Loan products, as well as Trust and Investment services.

Founded in 1920 by Latt Maxcy and a group of local businessmen, Citizens Bank & Trust has always been a family owned bank. John Maxcy, Latt’s brother, managed Citizens for nearly five decades and today Latt’s grandchildren continue the family tradition of careful decision making to carry the bank securely into the future.

Citizens continues to provide customers with high quality financial products and superior customer service. Stability, commitment, and conservative values are a few of the reasons Citizens Bank and Trust has thrived for over 90 years.

Lobby: Monday-Thursday 8:30 am – 4 pm
Friday: 8:30 am – 6 pm

Drive-Thru: Monday-Thursday 8 am – 5:30 pm
Friday 8 am – 6 pm
Saturday: 8:30 am – 12 noon

Historical Data