First Citizens National Bank (TN)

First Citizens National Bank (TN) is headquartered in Dyersburg and is the 8^th largest bank in the state of Tennessee. It is also the 611^st largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 262 employees at 19 locations. First Citizens National Bank (TN) has a 4-star health rating.

Data for Q1 2012

Institution Statistics First Citizens National Bank FDIC Certificate # 4972 BankRate Report View Year Established 1889 Employees 262 Primary Regulator OCC Assets and Liabilities Assets $1.07 billion Loans $528.05 million Deposits $876.21 million Equity Capital $113.99 million Loan Loss Allowance $8.44 million Unbacked Noncurrent Loans $8.28 million Real Estate Owned $10.83 million Historic Data - March 2011 Assets $1.00 billion Equity Capital $100.48 million Loan Loss Allowance $8.31 million Unbacked Noncurrent Loans $5.13 million Real Estate Owned $13.21 million Profit Margin - Quarterly Net Interest Margin 3.78% Return on Assets 1.36% Return on Equity 12.87% Interest Income $11.02 million

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 First Citizens National Bank (TN) had $19.11 million in non-current loans and owned real-estate with $122.43 million in equity and loan loss allowances on hand to cover it. This gives First Citizens National Bank (TN) a Texas Ratio of 15.61% 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 First Citizens National Bank (TN) held steady from 16.83% as of March 31, 2011 to 15.61% as of March 31, 2012, resulting in a positive change of 7.24%.This indicates that the balance sheet and financial strength for First Citizens National Bank (TN) has held steady in recent periods. Deposit Growth In the past year, First Citizens National Bank (TN) has increased its total deposits by $52.13 million, resulting in 6.33% 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 First Citizens National Bank (TN) 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. First Citizens National Bank (TN) has $1.07 billion in assets with $122.43 million in equity, resulting in a capitalization level of 11.41%, which is above average.

No reviews have been left for this bank yet. Be the first to review.