Citizens Bank Sac City, Iowa
Citizens Bank Sac City, Iowa Citizens Bank Sac City, Iowa

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ASSETS:
Cash & Exchange
3,708,309.99
U.S. Bonds & Agencies
$14,767,571.66
Other Securities/Investments
$7,876,820.35
Loans & Discounts (Less Reserves)
$20,644,032.20
Banking House
$184,715.94
Furniture & Fixtures
$78,342.69
Interest Earned Not Collected
$457,125.03
Prepaid Expenses
$54,293.50
 
TOTAL
$47,771,211.36
 
LIABILITIES:
Capital Stock
$187,300.00
Surplus
$1,262,700.00
Undivided Profits
$2,328,040.23
Accrued Interest Payable
$25,114.33
Deposits
$38,459,262.32
Borrowings
$4,950,000.00
Other Liabilities
$49,424.93
Other Comprehensive Income
$509,369.55
 
TOTAL
$47,771,211.36


OFFICERS
Thomas J. Lange President/CEO/Chairman of the Board
Devi McBride Vice-President / Cashier
Gene Von Ahn Vice-President
James C. Holt Vice-President
Jean W. Lange Vice-President
Gale Blass Assistant Cashier
Cheryl Campbell Assistant Vice-President
   

DIRECTORS
Thomas J. Lange Mike Green Russell Pickhinke

Russell Spearman Darvin Saddoris
   
   

 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE COVERAGE
FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS.

By operation of federal law, beginning January 1, 2013 funds deposited in a noninterest-bearing transaction account (including an interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositorís accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of Noninterest-bearing transaction accounts visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.

FDIC
FDIC
Citizens Bank Sac City, Iowa
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