Citizens National Bank at Brownwood

Headquarters

1 Carnegie
Brownwood, TX 76801
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 0.40% 0.95% →
2-Year CD 0.50% 1.05% →
5-Year CD 0.90% 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Citizens National Bank at Brownwood is an FDIC insured institution located in Brownwood, TX. It was founded in 1934 and has approximately $0.22 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 14779
Date Established 1934
Assets $ 218.24 million
Loans $ 105.08 million
Deposits $ 188.14 million
Capital $ 28.97 million
 

For a more detailed analysis of Citizens National Bank at Brownwood's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.70% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citizens National Bank at Brownwood

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Citizens National Bank at Brownwood
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Branches

Citizens National Bank at Brownwood branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Citizens National Bank at Brownwood Locations


Financial Details

Citizens National Bank at Brownwood Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens National Bank at Brownwood. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Citizens National Bank at Brownwood U.S. Bank Average
2.52% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Citizens National Bank at Brownwood had $296,000 in non-current loans and $479,000 in owned real estate. To cover these potential losses it had $28,973,000 in equity and $1,833,000 in loans loss reserves. That gives it a Texas Ratio of 2.52%.

Return on Equity
Citizens National Bank at Brownwood U.S. Bank Average
15.62% 7.80%

Citizens National Bank at Brownwood has a Return on Equity of 15.62% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Citizens National Bank at Brownwood U.S. Bank Average
13.28% 12.68%

Citizens National Bank at Brownwood has a Capitalization of 13.28% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Citizens National Bank at Brownwood Balance Sheet Analysis

As of March 31, 2020, Citizens National Bank at Brownwood had assets of $218,240,000, loans of $105,077,000, and deposits of $188,136,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 8.82 million
Interest-bearing balances $ 4.89 million
Total securities $ 96.04 million
Federal funds sold and reverse repurchase $ 1.00 million
Net loans and leases $ 105.08 million
Loan loss allowance $ 1.83 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.48 million
Goodwill and other intangibles $ 0.25 million
All other assets $ 5.61 million
     Total Assets $ 189.27 million
LIABILITIES
Total deposits $ 188.14 million
      Interest-bearing deposits $ 100.98 million
      Deposits held in domestic offices $ 188.14 million
      % insured (estimated) 81.59%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.13 million
      Total Liabilities $ 189.27 million
      Shareholders’ Equity $ 28.97 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.21 million
Total Interest Expense $ 0.13 million
Net interest income $ 2.08 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.41 million
Total non interest expense $ 1.37 million
Pre-tax Net Operating Income $ 1.11 million

Bank Loan Profile?

The top three loan types in Citizens National Bank at Brownwood’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Texas, Citizens National Bank at Brownwood has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 29.82
Multifamily
Mortgages
0.93
Credit Card Loans 0.00
Consumer Auto Loans 7.52
Small Business Loans 0.00
Construction and Development Loans 6.08
Commercial Real Estate 11.23
Commercial and Industrial Loans 17.16
Farm Loans 8.93

Frequently Asked Questions About Citizens National Bank At Brownwood

Branches and Savings

Is Citizens National Bank At Brownwood FDIC insured?

Yes. It is covered under FDIC Certificate #14779.

Why does Citizens National Bank At Brownwood pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Citizens National Bank At Brownwood CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Citizens National Bank At Brownwood a commercial bank?

Yes

Where are Citizens National Bank At Brownwood locations?

See branch locations nearby.

Is Citizens National Bank At Brownwood open on Saturdays?

Is Citizens National Bank At Brownwood open on Sundays?

What time does Citizens National Bank At Brownwood open?

What time does Citizens National Bank At Brownwood close?

Are Citizens National Bank At Brownwood ATMs Open 24/7?

Do Citizens National Bank At Brownwood ATMs accept cash deposits?

Can Citizens National Bank At Brownwood customers use other ATMs?

Do Citizens National Bank At Brownwood branches have notaries?

Will Citizens National Bank At Brownwood notarize my document?

What address for Citizens National Bank At Brownwood should I put for incoming ACH transfers?

Will the Citizens National Bank At Brownwood branch print checks?

Do Citizens National Bank At Brownwood checks expire?

Does Citizens National Bank At Brownwood require US citizenship to open account?

Can Citizens National Bank At Brownwood close my account?

Does Citizens National Bank At Brownwood Report to credit bureaus?

Does Citizens National Bank At Brownwood Use Equifax?

What is Citizens National Bank At Brownwood's ACH Routing Number?

What is Citizens National Bank At Brownwood's SWIFT code?

Products

Does Citizens National Bank At Brownwood offer mortgages?

Compare mortgage rates here.

Does Citizens National Bank At Brownwood offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens National Bank At Brownwood offer personal loans?

Compare personal loan rates here.

Does Citizens National Bank At Brownwood offer student loans?

Will Citizens National Bank At Brownwood cash a check?

Will Citizens National Bank At Brownwood redeem a savings bond?

Does Citizens National Bank At Brownwood cash savings bonds?

Will Citizens National Bank At Brownwood cash money orders?

Can Citizens National Bank At Brownwood issue a money order?

Does Citizens National Bank At Brownwood do currency exchange?

Background on The Bank

Who owns Citizens National Bank At Brownwood?

How long has Citizens National Bank At Brownwood been around?

Can Citizens National Bank At Brownwood transfer to other banks?

Does Citizens National Bank At Brownwood have quick pay?

Does Citizens National Bank At Brownwood accept rolled coins?

Will Citizens National Bank At Brownwood accept loose change?

Where is Citizens National Bank At Brownwood headquarters?

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