Citizens Bank (Carthage, TN)
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Data as of · sourced from FFIEC call reports. How we update
Citizens Bank is an FDIC-insured commercial bank headquartered in Carthage, TN, established in 1929 (FDIC certificate 893), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $832.5M, up 4.0% from Q2 2025, the 39th largest of 109 banks headquartered in Tennessee. It reports no CET1 ratio; its Tier 1 leverage ratio was 16.29% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 893
- Headquarters
- Carthage, TN
- Established
- 1929
- Total assets, Q2 2026
- $832.5M
- Assets vs Q2 2025
- +4.0%
- Tier 1 leverage ratio, Q2 2026
- 16.29%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 064107729
- Asset rank in state
- 39th of 109 in Tennessee
Citizens Bank runs leaner than most banks of its size. Based in Carthage, Tennessee, it had $832 million in assets at June 30, 2026, up 4.0% from a year earlier. It spends about 27 cents to bring in each dollar of revenue, about half the median of 61 cents for the 2,660 banks with $100 million to $1 billion in assets. It also funds 16.29% of its assets with Tier 1 capital, higher than about 9 in 10 banks its size (median 10.99%).
Paper losses on its bond portfolio are shrinking: unrealized losses of $39 million equal 28% of Tier 1 capital, down from 42% a year earlier. Loans are outrunning deposits: over the year loans rose 6.7% and deposits rose 1.9%.
As of June 30, 2026, Citizens Bank reported a return on assets of 2.00%, a nonperforming-loan ratio of 0.62% and a Texas ratio of 2.46%. The figures come from its call report filed with the FFIEC.
Citizens Bank ranks as the 39th largest of the 109 banks based in Tennessee, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.2% to $832.5M, loans rose 2.9% and deposits fell 1.2%. Non-owner-occupied commercial real estate loans made up 27.1% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 20.2%. Its 7 offices in the FDIC Summary of Deposits are in 4 cities in TN; its Carthage 3 offices book 55% of its branch deposits. By the capital ratios in its Q2 2026 call report, Citizens Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 407 Main St N, Carthage, TN 37030
- County
- Smith
- Metro Area
- Nashville-Davidson-Murfreesboro-Franklin, TN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- October 26, 1929
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 69
- Domestic deposits
- $716.0M
- Allowance for credit losses
- $5.7M
- Net charge-offs (YTD)
- $22K
- Average total assets
- $863.9M
- Average total loans
- $458.5M
- Average interest-bearing deposits
- $558.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 893
- Fed RSSD
- 126834
- Website
- www.citzcar.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Citizens Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Citizens Bank's total assets ran between $740.0M (Q3 2023) and $834.4M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$832.5M total assets against $800.3M; $720.6M total liabilities against $707.3M.
$461.4M net loans and leases against $432.5M; $716.0M total deposits against $702.7M.
$329.5M securities against $304.4M; $20.7M cash and balances due against $37.7M.
$11.4M total interest income against $11.0M; $3.8M total interest expense against $4.0M.
$7.6M net interest income against $7.0M.
$464K total noninterest income against $424K; $2.3M total noninterest expense against $2.2M.
$160K provision for credit losses against $161K.
$4.3M net income against $3.8M.
2.00% return on assets against 1.82%; 3.95% net interest margin against 3.86%.
16.29% tier 1 leverage ratio against 16.15%.
Inside the full Citizens Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeCitizens Bank rankings
Its closest position to the top of a national ranking is 27 of 3,606, for efficiency ratio; its furthest is 2,065 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.40% (Q3 2024) to 2.00% (Q2 2026) and its net interest margin ran from 3.10% (Q3 2024) to 3.95% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.29% | 2.00% | 0.62% | 2.46% | 3.95% |
| Q1 2026 | 15.89% | 1.97% | 0.54% | 2.21% | 3.82% |
| Q4 2025 | 16.67% | 1.85% | 0.51% | 1.94% | 3.87% |
| Q3 2025 | 16.49% | 1.97% | 0.50% | 2.06% | 3.89% |
| Q2 2025 | 16.15% | 1.82% | 0.57% | 2.53% | 3.86% |
| Q1 2025 | 15.84% | 1.57% | 0.59% | 2.52% | 3.33% |
| Q4 2024 | 16.79% | 1.48% | 0.43% | 1.76% | 3.25% |
| Q3 2024 | 16.58% | 1.40% | 0.44% | 1.66% | 3.10% |
Swipe the table sideways to see every column.
Branch Network
View all 7 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Citizens Bank (main office) | Carthage , TN | 37030 | $321.5M |
| West Bockman Way Branch | Sparta , TN | 38583 | $191.9M |
| Cookeville Branch | Cookeville , TN | 38501 | $74.5M |
| Gordonsville Branch | Gordonsville , TN | 38563 | $43.7M |
| South Carthage Branch | Carthage , TN | 37030 | $39.4M |
| Carthage Branch | Carthage , TN | 37030 | $35.1M |
| North Spring Street Branch | Sparta , TN | 38583 | $10.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 1984 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 1984 | Structure Change | Acquired White County Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in TN, rank 57 of 165 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Citizens Bank
What are Citizens Bank's total assets?
As of the Q2 2026 filing, Citizens Bank reported total assets of $832.5 million in its FFIEC call report.
Where is Citizens Bank headquartered?
It is headquartered in Carthage, TN, United States.
When was Citizens Bank founded?
It was established in 1929, per the FDIC institution directory.
Is Citizens Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #893). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Citizens Bank?
Citizens Bank's primary federal regulator is the FDIC.
How many branches does Citizens Bank operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Citizens Bank's Texas Ratio?
Its Texas Ratio is 2.46% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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