How profitable a bank is affects its long-term survivability. Earnings may be retained by the bank, expanding its capital cushion, or be used to deal with problematic loans, potentially making the bank more resilient in times of trouble. However, banks that are losing money are less able to do those things.
Citizens Tri-County Bank scored 24 out of a possible 30 on Bankrate's earnings test, exceeding the national average of 16.52.
One widely used measure of a bank's earnings is return on equity, calculated by dividing net income (essentially profit) by total equity. The most recent annualized quarterly return on equity for Citizens Tri-County Bank was 15.35 percent, above the national average of 9.28 percent.
The bank earned net income of $6.3 million on total equity of $83.9 million for the twelve months ended June 30, 2017. The bank reported an annualized return on average assets, or ROA, of 1.55 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.14 percent.