Citizens Bank of Chatsworth
Chatsworth, Illinois · FDIC Cert #10843
Citizens Bank of Chatsworth is an FDIC-insured bank (Certificate #10843) with $40M in total assets and $33M in total deposits as of the Q2 2024 Call Report. Headquartered in Chatsworth, Illinois, the bank maintains a Tier 1 capital ratio of 20.63% (Well-Capitalized) and a nonperforming loan ratio of 4.71%. BankHealthData assigns a composite Health Grade of C (64/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Citizens Bank of Chatsworth (FDIC cert 10843) is a community bank — $40M in total assets, $33M in deposits, serving the Chatsworth, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 20.63% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 4.71% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is very high: 41.9% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is minimal: ROA of 0.15% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Citizens Bank of Chatsworth carries a composite BankHealth grade of C (64/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Citizens Bank of Chatsworth
- Total Assets
- $40M
- Total Deposits
- $33M
- Tier 1 Capital Ratio
- 20.63%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 4.71%
- Liquidity Ratio
- 41.90%
- Return on Assets
- 0.15%
- Headquarters
- Chatsworth, Illinois
- FDIC Certificate
- #10843
- Health Grade
- C (64/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Citizens Bank of Chatsworth holds a Tier 1 capital ratio of 20.63%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Citizens Bank of Chatsworth has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Citizens Bank of Chatsworth shows average financial health. While not alarming, its Health Score of 64/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Citizens Bank of Chatsworth Compares
Citizens Bank of Chatsworth’s Health Score of 64 is 8 points below the Illinois state average of 72 across 333 FDIC-insured banks. Its 20.63% Tier 1 capital ratio is 6.6 points above the US banking industry average near 14%. The 4.71% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.15% is below the national ROA benchmark of ~1.1%. Among 406 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, Citizens Bank of Chatsworth is 6 points below the portfolio average of 70.
Frequently Asked Questions
Citizens Bank of Chatsworth has a Bank Health Score of C (64/100), placing it in average financial health. It holds a Tier 1 capital ratio of 20.63%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Citizens Bank of Chatsworth's Tier 1 capital ratio of 20.63% and nonperforming loan ratio of 4.71% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Citizens Bank of Chatsworth is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #10843). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Citizens Bank of Chatsworth holds $40M in total assets and $33M in total deposits. It is headquartered in Chatsworth, Illinois (FDIC Certificate #10843).
Citizens Bank of Chatsworth has a Tier 1 capital ratio of 20.63%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 4.71%, and the return on assets is 0.15%.
Yes. Citizens Bank of Chatsworth is FDIC-insured (Certificate #10843). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Citizens Bank of Chatsworth's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.