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Wright Reports > Sales Analysis Report > C > Citizens South Banking Corporation

Citizens South Banking Corporation - Sales Analysis Snapshot

Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Citizens South Banking Corporation Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.

Citizens South Banking Corporation. The Group's principal activity is to provide FDIC-insured deposits to local customers through its 15 branch offices. It invests the deposits, together with funds generated from operations and borrowings, in residential and nonresidential real estate loans, construction loans, commercial business loans, consumer loans, investment securities, and mortgage-backed securities. The Group also acts as a broker in both the origination of loans secured by one-to-four family dwellings and in the sale of uninsured financial products. As of 31-Dec-2008, it has 15 full-service branch offices in the North Carolina Counties of Gaston, Union, Rowan, and Iredell and two loan production offices located in Mecklenburg County, North Carolina, and York County, South Carolina.

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