The Citizens Bank
Dallas, GA · Owner: Northwest Ga Financial Corp
$60.6M
total assets, September 30, 1991
$60.6M
total assets, September 30, 1991
The Citizens Bank was a state nonmember bank in Dallas, GA, owned by Northwest Ga Financial Corp. It failed on Jan 10, 1992, and First NB Of Paulding Cou took over its deposits. At its last report it held $60.6 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Jan 10, 1992
- Assets
- $60.6M
- Deposits
- $59.1M
- Estimated cost
- $12.7M
- Deposits went to
- First NB Of Paulding Cou, Dallas, GA
Total assets
$60.6M
-19.7% in a year · -10.6% in a quarter
Deposits
$59.1M
-13.0% in a year · -10.1% in a quarter
Loans
$38.5M
-25.8% in a year · -8.8% in a quarter
Profit so far
-$1.1M
Jan 1 to Sep 30, 1991
Capital ratio
0.63%
-7.60 pts in a year
Return on assets
-2.16%
-2.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 120 Memorial Drive, Dallas, GA, 30132
- County
- Paulding
- Holding company
- Northwest Ga Financial Corp
- Established
- Mar 15, 1963
- Failed
- Jan 10, 1992
- Employees
- 53
- Id
- b18720
Quarter by quarter
March 31, 1984 to September 30, 1991
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Citizens Bank?
$60.6 million in total assets and $59.1 million in deposits as of September 30, 1991, with assets down 19.7% from a year before. Its loans were $38.5 million.
Is The Citizens Bank profitable?
No: it lost $1.12 million from January 1 to September 30, 1991. Its return on assets was -2.16% a year; about 1% is typical.
Who owns The Citizens Bank?
The Citizens Bank is owned by Northwest Ga Financial Corp, its holding company.
When did The Citizens Bank fail?
Jan 10, 1992. First NB Of Paulding Cou of Dallas, GA took over its deposits. The estimated cost of the failure was $12.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.