CTBK (City Bank) Unearned Premiums

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is City Bank Unearned Premiums?

Unearned Premiums only applies to insurance companies.

City Bank Business Description

Address 5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank (CTBK) is a bank holding company that operates through its subsidiary, City Bank, providing commercial and retail banking services primarily in Washington state. The bank focuses on small and medium-sized businesses, offering commercial lending, construction financing for single-family residential projects, and home mortgage lending, alongside traditional deposit products such as checking and savings accounts, money market accounts, and certificates of deposit. It also provides consumer loans, lines of credit, and online and mobile banking services. Its customer base consists mainly of small businesses, real estate developers, and individual consumers in its local market areas, particularly the Puget Sound region. Revenue is generated primarily through net interest income from loans and investments, supplemented by fees from deposit services, mortgage banking, and other financial products.