The Citizens National Bank of Meridian

The Citizens National Bank of Meridian is headquartered in Meridian and is the 7^th largest bank in the state of Mississippi. It is also the 584^th largest bank in the nation. It was established in 1888 and as of March of 2012, it had grown to 308 employees at 29 locations. The Citizens National Bank of Meridian has a 4-star health rating.

Data for Q1 2012

Institution Statistics The Citizens National Bank of Meridian FDIC Certificate # 4993 BankRate Report View Year Established 1888 Employees 308 Primary Regulator OCC Assets and Liabilities Assets $1.13 billion Loans $662.07 million Deposits $960.33 million Equity Capital $116.37 million Loan Loss Allowance $11.98 million Unbacked Noncurrent Loans $14.63 million Real Estate Owned $11.68 million Historic Data - March 2011 Assets $1.16 billion Equity Capital $112.04 million Loan Loss Allowance $13.82 million Unbacked Noncurrent Loans $15.51 million Real Estate Owned $14.94 million Profit Margin - Quarterly Net Interest Margin 3.55% Return on Assets 0.47% Return on Equity 4.52% Interest Income $11.09 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 The Citizens National Bank of Meridian had $26.31 million in non-current loans and owned real-estate with $128.35 million in equity and loan loss allowances on hand to cover it. This gives The Citizens National Bank of Meridian a Texas Ratio of 20.50% 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 The Citizens National Bank of Meridian decreased slightly from 24.19% as of March 31, 2011 to 20.50% as of March 31, 2012, resulting in a positive change of 15.25%.This indicates that the balance sheet and financial strength for The Citizens National Bank of Meridian has improved slightly in recent periods. Deposit Growth In the past year, The Citizens National Bank of Meridian has decreased its total deposits by -$2.41 million, resulting in -0.25% 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 The Citizens National Bank of Meridian has shown is average. 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. The Citizens National Bank of Meridian has $1.13 billion in assets with $128.35 million in equity, resulting in a capitalization level of 11.40%, which is above average.

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