Citizens National Bank (VA)

Citizens National Bank (VA) is headquartered in Windsor and is the 105^th largest bank in the state of Virginia. It is also the 6,223^rd largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 16 employees at 1 location. Citizens National Bank (VA) has a 4-star health rating.

Data for Q1 2012

Institution Statistics Citizens National Bank FDIC Certificate # 57320 BankRate Report View Year Established 2003 Employees 16 Primary Regulator OCC Assets and Liabilities Assets $54.65 million Loans $40.56 million Deposits $47.68 million Equity Capital $6.86 million Loan Loss Allowance $588,000 Unbacked Noncurrent Loans $1.22 million Real Estate Owned $640,000 Historic Data - March 2011 Assets $51.32 million Equity Capital $6.50 million Loan Loss Allowance $572,000 Unbacked Noncurrent Loans $1.84 million Real Estate Owned $302,000 Profit Margin - Quarterly Net Interest Margin 4.14% Return on Assets 0.32% Return on Equity 2.53% Interest Income $723,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Citizens National Bank (VA) had $1.86 million in non-current loans and owned real-estate with $7.45 million in equity and loan loss allowances on hand to cover it. This gives Citizens National Bank (VA) a Texas Ratio of 24.91% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Citizens National Bank (VA) decreased slightly from 30.29% as of March 31, 2011 to 24.91% as of March 31, 2012, resulting in a positive change of 17.78%.This indicates that the balance sheet and financial strength for Citizens National Bank (VA) has improved slightly in recent periods. Deposit Growth In the past year, Citizens National Bank (VA) has increased its total deposits by $3.04 million, resulting in 6.81% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Citizens National Bank (VA) has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Citizens National Bank (VA) has $54.65 million in assets with $7.45 million in equity, resulting in a capitalization level of 13.63%, which is excellent.

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