Citizens National Bank of Wills Point

Headquarters

500 North Fourth Street
Wills Point, TX 75169
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.00% →
5-Year CD N.A. 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 of Wills Point is an FDIC insured institution located in Wills Point, TX. It was founded in 1981 and has approximately $0.15 billion in assets.

FDIC Insured Yes
FDIC Certificate # 23450
Date Established 1981
Assets $ 138.53 million
Loans $ 77.58 million
Deposits $ 122.74 million
Capital $ 15.38 million
 

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

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citizens National Bank of Wills Point

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
2.574% 2.500% 1.00 $2,445 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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
2.240 %
$0 Learn More
More Info

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Branches

Citizens National Bank of Wills Point 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 of Wills Point Locations


Financial Details

Citizens National Bank of Wills Point Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens National Bank of Wills Point. 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 of Wills Point U.S. Bank Average
0.56% 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 of Wills Point had $91,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $15,376,000 in equity and $775,000 in loans loss reserves. That gives it a Texas Ratio of 0.56%.

Return on Equity
Citizens National Bank of Wills Point U.S. Bank Average
15.08% 7.80%

Citizens National Bank of Wills Point has a Return on Equity of 15.08% 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 of Wills Point U.S. Bank Average
11.1% 12.68%

Citizens National Bank of Wills Point has a Capitalization of 11.1% 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 of Wills Point Balance Sheet Analysis

As of June 30, 2016, Citizens National Bank of Wills Point had assets of $152,093,000, loans of $77,577,000, and deposits of $122,739,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 77.58 million
Loan loss allowance $ 0.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 122.74 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 138.53 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Citizens National Bank of Wills Point’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Small Business Loans.

Compared to other banks in Texas, Citizens National Bank of Wills Point has a significantly higher percent of 1-4 Family Residential Loans, Small Business 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 52.13
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.92
Small Business Loans 14.30
Construction and Development Loans 14.83
Commercial Real Estate 14.30
Commercial and Industrial Loans 3.61
Farm Loans 2.82

Frequently Asked Questions About Citizens National Bank Of Wills Point

Branches and Savings

Is Citizens National Bank Of Wills Point FDIC insured?

Yes. It is covered under FDIC Certificate #23450.

Why does Citizens National Bank Of Wills Point 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 Of Wills Point CD rates not competitive?

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

Is Citizens National Bank Of Wills Point a commercial bank?

Yes

Where are Citizens National Bank Of Wills Point locations?

See branch locations nearby.

Is Citizens National Bank Of Wills Point open on Saturdays?

Is Citizens National Bank Of Wills Point open on Sundays?

What time does Citizens National Bank Of Wills Point open?

What time does Citizens National Bank Of Wills Point close?

Are Citizens National Bank Of Wills Point ATMs Open 24/7?

Do Citizens National Bank Of Wills Point ATMs accept cash deposits?

Can Citizens National Bank Of Wills Point customers use other ATMs?

Do Citizens National Bank Of Wills Point branches have notaries?

Will Citizens National Bank Of Wills Point notarize my document?

What address for Citizens National Bank Of Wills Point should I put for incoming ACH transfers?

Will the Citizens National Bank Of Wills Point branch print checks?

Do Citizens National Bank Of Wills Point checks expire?

Does Citizens National Bank Of Wills Point require US citizenship to open account?

Can Citizens National Bank Of Wills Point close my account?

Does Citizens National Bank Of Wills Point Report to credit bureaus?

Does Citizens National Bank Of Wills Point Use Equifax?

What is Citizens National Bank Of Wills Point's ACH Routing Number?

What is Citizens National Bank Of Wills Point's SWIFT code?

Products

Does Citizens National Bank Of Wills Point offer mortgages?

Compare mortgage rates here.

Does Citizens National Bank Of Wills Point offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens National Bank Of Wills Point offer personal loans?

Compare personal loan rates here.

Does Citizens National Bank Of Wills Point offer student loans?

Will Citizens National Bank Of Wills Point cash a check?

Will Citizens National Bank Of Wills Point redeem a savings bond?

Does Citizens National Bank Of Wills Point cash savings bonds?

Will Citizens National Bank Of Wills Point cash money orders?

Can Citizens National Bank Of Wills Point issue a money order?

Does Citizens National Bank Of Wills Point do currency exchange?

Background on The Bank

Who owns Citizens National Bank Of Wills Point?

How long has Citizens National Bank Of Wills Point been around?

Can Citizens National Bank Of Wills Point transfer to other banks?

Does Citizens National Bank Of Wills Point have quick pay?

Does Citizens National Bank Of Wills Point accept rolled coins?

Will Citizens National Bank Of Wills Point accept loose change?

Where is Citizens National Bank Of Wills Point headquarters?

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