The Citizens National Bank of Somerset

The Citizens National Bank of Somerset is headquartered in Somerset and is the 44^th largest bank in the state of Kentucky. It is also the 1,941^st largest bank in the nation. It was established in 1919 and as of March of 2012, it had grown to 122 employees at 10 locations. The Citizens National Bank of Somerset has a 4-star health rating.

The Citizens National Bank of Somerset CD Rates

The Citizens National Bank of Somerset IRA Rates

Data for Q1 2012

Institution Statistics The Citizens National Bank of Somerset FDIC Certificate # 2725 BankRate Report View Year Established 1919 Employees 122 Primary Regulator OCC Assets and Liabilities Assets $337.25 million Loans $193.13 million Deposits $274.98 million Equity Capital $38.81 million Loan Loss Allowance $3.43 million Unbacked Noncurrent Loans $4.37 million Real Estate Owned $6.95 million Historic Data - March 2011 Assets $332.93 million Equity Capital $36.28 million Loan Loss Allowance $3.08 million Unbacked Noncurrent Loans $3.23 million Real Estate Owned $5.93 million Profit Margin - Quarterly Net Interest Margin 3.97% Return on Assets 2.02% Return on Equity 17.41% Interest Income $3.51 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 Somerset had $11.32 million in non-current loans and owned real-estate with $42.24 million in equity and loan loss allowances on hand to cover it. This gives The Citizens National Bank of Somerset a Texas Ratio of 26.80% 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 Somerset held steady from 23.28% as of March 31, 2011 to 26.80% as of March 31, 2012, resulting in a negative change of 15.13%. This indicates that the balance sheet and financial strength for The Citizens National Bank of Somerset has held steady in recent periods. Deposit Growth In the past year, The Citizens National Bank of Somerset has increased its total deposits by $6.36 million, resulting in 2.37% 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 Somerset has shown is above 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 Somerset has $337.25 million in assets with $42.24 million in equity, resulting in a capitalization level of 12.53%, which is excellent.

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