Citizens Fs&La
Covington, Kentucky · FDIC Cert #27841
This is the FDIC profile for Citizens Fs&La, an FDIC-insured bank (Certificate #27841) with $41M in total assets and $27M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Covington, Kentucky, the bank maintains a Tier 1 capital ratio of 57.44% (Well-Capitalized) and a nonperforming loan ratio of 0.11%. BankHealthData assigns a composite Health Grade of A (83/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Citizens Fs&La (FDIC cert 27841) is a community bank — $41M in total assets, $27M in deposits, serving the Covington, Kentucky 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 57.44% 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 clean: non-performing loan ratio of 0.11% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 21.6% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is negative: ROA of -0.08% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. 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 Fs&La carries a composite BankHealth grade of A (83/100) 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 Fs&La
- Total Assets
- $41M
- Total Deposits
- $27M
- Tier 1 Capital Ratio
- 57.44%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.11%
- Liquidity Ratio
- 21.64%
- Return on Assets
- -0.08%
- Headquarters
- Covington, Kentucky
- FDIC Certificate
- #27841
- Health Grade
- A (83/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Citizens Fs&La files quarterly Call Reports with the FDIC under Certificate #27841. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Citizens Fs&La holds a Tier 1 capital ratio of 57.44%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Citizens Fs&La has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Citizens Fs&La shows strong financial health indicators. With $41M in assets and a Health Score of 83/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
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 Fs&La Compares
Citizens Fs&La’s Health Score of 83 is 2 points above the Kentucky state average of 81 across 103 FDIC-insured banks. Its 57.44% Tier 1 capital ratio is 43.4 points above the US banking industry average near 14%. The 0.11% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.08% is below the national ROA benchmark of ~1.1%. Among 437 similarly-sized banks, the average Health Score is 84, meaning this bank ranks below its size cohort. Site-wide, Citizens Fs&La is 3 points above the portfolio average of 80.
Frequently Asked Questions
Citizens Fs&La has a Bank Health Score of A (83/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 57.44%, 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 Fs&La's Tier 1 capital ratio of 57.44% and nonperforming loan ratio of 0.11% indicate a low 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 Fs&La is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27841). 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 Fs&La holds $41M in total assets and $27M in total deposits. It is headquartered in Covington, Kentucky (FDIC Certificate #27841).
Citizens Fs&La's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #27841 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Citizens Fs&La has a Tier 1 capital ratio of 57.44%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.11%, and the return on assets is -0.08%.
Yes. Citizens Fs&La is FDIC-insured (Certificate #27841). 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 A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Citizens Fs&La's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.