Citizens National Bank of Texas
Citizens National Bank of Texas is headquartered in WAXAHACHIE and is the 59th largest bank in the state of Texas. It is also the 609th largest bank in the nation. It was established in 1868 and as of March of 2025, it had grown to 159 employees at 12 locations. Citizens National Bank of Texas has an A+ health rating.
Must Do Branch Visit
You cannot join online. Branch visit required. AND funds must be in your account to open CD. Cannot do online funding.
40-Day Wait For New Customers
For potential new customers to Citizens National Bank of Texas, the 5.65% 12-month CD special offering is very deceiving. Before being considered eligible to open this account, you must first have an actively used checking account with this bank for 40 calendar days. During this 40-day period, you have to convince them that you are using their bank as your primary bank. If you pass all these qualification tests, they then require you to open your CD account in-person at one of their bank branches. Also, they do not state any of these requirements and restrictions anywhere in writing on their website. Overall, this clearly is a bank you should not do business with. They have far too many unwritten tricks and schemes associated with their deposit accounts.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5574 |
| Year Established | 1868 |
| Employees | 159 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.91% |
| Return on Equity - YTD | 16.36% |
| Annual Interest Income | $29.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.92B$1.79B |
| Loans | Q1 2025vs Q1 2024 | $1.64B$1.45B |
| Deposits | Q1 2025vs Q1 2024 | $1.67B$1.57B |
| Equity Capital | Q1 2025vs Q1 2024 | $226.8MM$210.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $18MM$15.8MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.8MM$3.9MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $9.4MM$9.2MM |
