The Citizens National Bank of Somerset
Also written as CNB of Somerset
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Data as of · sourced from FFIEC call reports. How we update
The Citizens National Bank of Somerset is an FDIC-insured commercial bank headquartered in Somerset, KY, supervised by the OCC, with $700.9M in total assets at Q2 2026, up 0.9% from Q2 2025, the 26th largest of 120 banks headquartered in Kentucky. It was established in 1919 and holds FDIC certificate 2725. Its CET1 capital ratio was 14.73% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 2725
- Headquarters
- Somerset, KY
- Established
- 1919
- Total assets, Q2 2026
- $700.9M
- Assets vs Q2 2025
- +0.9%
- CET1 ratio, Q2 2026
- 14.73%
- Domestic offices
- 12 · The Citizens National Bank of Somerset branches FDIC institution directory, current count
- Routing number
- 042101446
- Safety and soundness
- Is The Citizens National Bank of Somerset safe?
- Latest call report
- Q2 2026, FFIEC 051 · The Citizens National Bank of Somerset Q3 2026 call report, filed October 16, 2026 (preliminary)
- Holding company
- CITIZENS BANCSHARES, INC.
- Asset rank in state
- 26th of 120 in Kentucky
The Citizens National Bank of Somerset is one of the more profitable banks of its size. Based in Somerset, Kentucky, it had $701 million in assets at June 30, 2026. It returns 31.0% a year on shareholders' equity, 2.5 times the median of 12.6% for the 2,627 banks with $100 million to $1 billion in assets. On the other hand, it funds 9.02% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 10.99%).
Paper losses on its bond portfolio are shrinking: unrealized losses of $25 million equal 38% of Tier 1 capital, down from 50% a year earlier. Loans are outrunning deposits: over the year loans rose 11.0% and deposits rose 2.8%. Its margin is thin by comparison: it keeps 3.38 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.96 cents).
As of June 30, 2026, The Citizens National Bank of Somerset reported a CET1 capital ratio of 14.73%, a return on assets of 1.73%, a nonperforming-loan ratio of 0.18% and a Texas ratio of 1.54%. The figures come from its call report filed with the FFIEC.
The Citizens National Bank of Somerset ranks as the 26th largest of the 120 banks based in Kentucky, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 0.8% to $700.9M, loans rose 4.2% and deposits rose 0.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 52.6% of total loans, followed by non-owner-occupied commercial real estate loans at 12.3%. The FDIC Summary of Deposits lists 11 offices for it, in 7 cities in KY; its Somerset 5 offices book 80% of its branch deposits. On its Q2 2026 call report, The Citizens National Bank of Somerset meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 44 Public Sq, Somerset, KY 42501
- County
- Pulaski
- Metro Area
- Somerset, KY
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1919
- Domestic offices
- 12 FDIC institution directory, current count
- Employees (FTE)
- 121
- Domestic deposits
- $569.0M
- Allowance for credit losses
- $5.7M
- Net charge-offs (YTD)
- $17K
- Average total assets
- $729.5M
- Average total loans
- $375.8M
- Average interest-bearing deposits
- $380.6M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2725
- Fed RSSD
- 410917
- Website
- www.cnbsomerset.com →
- Parent Holding Company
- CITIZENS BANCSHARES, INC. (RSSD 1070484)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, The Citizens National Bank of Somerset's total assets ran between $607.0M (Q2 2024) and $706.5M (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
$700.9M total assets against $694.4M; $659.8M total liabilities against $664.1M.
$378.5M net loans and leases against $340.7M; $569.0M total deposits against $553.4M.
$285.6M securities against $277.2M; $24.7M cash and balances due against $65.7M.
$8.7M total interest income against $8.1M; $2.8M total interest expense against $3.0M.
$6.0M net interest income against $5.1M.
$1.2M total noninterest income against $1.2M; $4.0M total noninterest expense against $3.7M.
$75K provision for credit losses against $75K.
$3.2M net income against $2.6M.
1.73% return on assets against 1.46%; 3.38% net interest margin against 3.00%.
14.73% CET1 capital ratio against 15.00%; 9.02% tier 1 leverage ratio against 8.70%.
Inside the full The Citizens National Bank of Somerset terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Citizens National Bank of Somerset rankings
Its closest position to the top of a national ranking is 848 of 3,611, for ROA; its furthest is 2,448 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.07% (Q3 2024) to 1.81% (Q4 2025) and its net interest margin ran from 2.61% (Q3 2024) to 3.38% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.73% | 1.73% | 0.18% | 1.54% | 3.38% |
| Q1 2026 | 14.84% | 1.59% | 0.13% | 1.01% | 3.21% |
| Q4 2025 | 14.82% | 1.81% | 0.06% | 0.51% | 3.21% |
| Q3 2025 | 14.90% | 1.49% | 0.15% | 1.18% | 3.02% |
| Q2 2025 | 15.00% | 1.46% | 0.15% | 1.85% | 3.00% |
| Q1 2025 | 15.79% | 1.25% | 0.26% | 2.93% | 2.82% |
| Q4 2024 | 15.53% | 1.30% | 0.33% | 3.68% | 2.74% |
| Q3 2024 | 16.29% | 1.07% | 0.32% | 3.08% | 2.61% |
Swipe the table sideways to see every column.
Branch Network
View all 11 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 |
|---|---|---|---|
| The Citizens National Bank of Somerset | Somerset , KY | 42501 | $268.8M |
| Waitsboro Branch | Somerset , KY | 42501 | $81.3M |
| Plaza Branch | Somerset , KY | 42503 | $64.0M |
| Nancy Branch | Nancy , KY | 42544 | $32.9M |
| Burnside Branch | Somerset , KY | 42501 | $29.3M |
| Science Hill Branch | Science Hill , KY | 42553 | $23.3M |
| Monticello Branch | Monticello , KY | 42633 | $21.6M |
| Russell County Branch | Russell Springs , KY | 42642 | $18.9M |
| Nicholasville Branch | Nicholasville , KY | 40356 | $17.6M |
| Citizens 27 Branch | Somerset , KY | 42501 | $11.2M |
| Richmond Branch | Richmond , KY | 40475 | $50K |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC)
- December 13, 2007, OCC: Formal Agreement: The Citizens National Bank of Somerset
- Period: Most recent institution action December 13, 2007. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.5% of deposits in KY, rank 42 of 152 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 282 applications, 228 loans originated, $57.2M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $2.5M approved, $2.5M average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2011 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 The Citizens National Bank of Somerset
What are The Citizens National Bank of Somerset's total assets?
As of the Q2 2026 filing, The Citizens National Bank of Somerset reported total assets of $700.9 million in its FFIEC call report.
Where is The Citizens National Bank of Somerset headquartered?
It is headquartered in Somerset, KY, United States.
When was The Citizens National Bank of Somerset founded?
It was established in 1919, per the FDIC institution directory.
Is The Citizens National Bank of Somerset FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2725). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Citizens National Bank of Somerset?
The Citizens National Bank of Somerset's primary federal regulator is the OCC.
What is The Citizens National Bank of Somerset's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.73% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Citizens National Bank of Somerset operate?
It operates 12 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Citizens National Bank of Somerset's Texas Ratio?
Its Texas Ratio is 1.54% 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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