RALEIGH, N.C., June 4, 2024 /PRNewswire/ -- First Citizens BancShares Inc. (Nasdaq: FCNCA), parent company of First Citizens Bank, today was named for the first time to the Fortune 500™ list of the largest companies in the United States by revenue. First Citizens ranked #182 overall on the 2024 list, underscoring its status as one of the nation's premier banking and financial services institutions. In addition, the bank was listed at #24 on Fortune's 2024 list of fastestgrowing companies. "At First Citizens ...

Storm damage forced senior center to close, displacing clients who rely on critical services ST. PETERSBURG, Fla., June 4, 2024 /PRNewswire/ -- Duke Energy Florida, in collaboration with the Florida Council on Aging, today announced a $70,000 donation to the Jefferson Senior Citizens Center in Monticello, Fla. After severe storms blew through north Florida this spring, the facility sustained severe damage, displacing seniors who rely on its critical services. "During a heavy rain on April 10, water came fro ...

J. Michael Jones FCNCA reported 6.2% annualised loan growth and 10.4% annualised deposit growth, which significantly exceeds growth at most other regional banks. Loan growth was predominantly driven by the General and Commercial banking segments, but the SVB franchise also reported net loan growth for the first time since acquisition. On the liability side of things, deposit grew strongly in the General Bank due to growth in the branch network, which offset a decline in SVB deposits due to cash burn by inve ...

RALEIGH, N.C., May 29, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business provided $31.5 million in financing to national fashion retailer Jaclyn LLC for the purchase of a newly constructed industrial warehouse and distribution center in Southern California. The warehouse comprises more than 233,000 square feet and will serve as the new West Coast shipping and distribution center for Jaclyn and its affiliated companies of the Golden Touch Group, providers of mer ...

NEW YORK, May 28, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Commercial Real Estate business served as sole lender on a $74 million senior secured loan to Lonicera Partners on a 23-story, class A multifamily building in Downtown Brooklyn, New York. Located at 310 Livingston Street, the building features 160 luxury apartment units and over 8,600 square feet of ground floor retail and premier amenity space. "We're pleased to partner with First Citizens Commercial Real Estate on this fin ...

u or Life of HARLA HISTOR HBARL ungla Holly TCHEVAL The No. "D. BOL PROPER NBART "24","2" SCHOOL THE CASE f 1 NGCOL Hide # and and on and and and and sitox Citizens Community Bancorp, Inc. (NASDAQ:CZWI), incorporated in 2004 and headquartered in Eau Claire, Wisconsin, provides banking services to businesses, consumers, and agricultural operators in Wisconsin and Minnesota. While the current dividend yield may seem unattractive for many investors these days, a closer look reveals that this is a dividend grow ...

Capital Standards Under those guidelines, assets and off-balance sheet items are assigned to broad risk categories, each with appropriate weights. The resulting capital ratios represent capital as a percentage of total risk-weighted assets and off-balance sheet items. Under the current risk-based capital adequacy guidelines, we are required to maintain (1) a ratio of common equity Tier 1 capital ("CET1") to total risk-weighted assets of not less than 4.5%; (2) a minimum leverage capital ratio of 4%; (3) a m ...

PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (OTCQX:CIZN) announced today results of operations for the three and twelve months ended December 31, 2023. (in thousands, except share and per share data) Net loss for the three months ended December 31, 2023 was ($794), or ($0.14) per share-basic and diluted, a linked-quarter decrease of ($2,001), or (165.78%) from net income of $1,207, or $0.22 per share-basic and diluted, for the three months ended September 30, 2023. Net ...

PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (OTCQX:CIZN), the holding company for The Citizens Bank of Philadelphia (the “Bank”), today announced it has executed an agreement for sale-leaseback of 3 of its currently owned properties. The properties will be sold for an aggregate cash purchase price of approximately $11 million. The Company expects to realize a pre-tax gain of approximately $4.5 million (after transaction-related expenses). The transaction closed on January ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-15375 CITIZENS HOLDING COMPANY (Exact name of registrant as specified in its charter) Mississippi 64-0666512 (St ...