# CITIZENS NATIONAL BANK
PUTNAM, CT · FDIC certificate 2521 · asset band $300M-1B · latest filing 2015-03 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $338.2M | |
| Deposits | $291.5M | |
| Loans and leases | $118.0M | |
| Total equity | $42.4M | |
| Loans / deposits | 39.77% (p4 of band) | 79.82% |
| Liquid assets / assets | 58.83% (p95 of band) | |
| Uninsured deposits / deposits | 14.99% (p32 of band) | 19.17% |
| Brokered deposits | 9.07% | |
| Wholesale funding | 9.07% (p66 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.81% (p77 of band) | 10.09% |
| Unrealized securities loss / equity | 6.50% (p89 of band) | 1.83% |
| AOCI / equity | 1.64% (p91 of band) | |
| ROA (annualized) | 0.59% (p25 of band) | 0.88% |
| Net interest margin | 2.90% (p13 of band) | 3.54% |
| Efficiency ratio | 77.51% (p72 of band) | |
| Noncurrent loans | 1.82% (p79 of band) | 0.85% |
| Net charge-offs (annualized) | 0.19% (p87 of band) | |
| Reserve coverage of noncurrent | 97.12% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 6.43% (p12 of band) | |
| Auto loans | $8.9M (7.52% of loans; DQ 0.45%, NCO 0.03%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 10.0% | |
| Employees | 55 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **reserve under noncurrent** (`aq_reserve`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 3 | reserve under noncurrent |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 2 |  | capital falling |
| 2012-09 | 1 |  | reserve under noncurrent |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | capital falling |  |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 | assets shrinking | wholesale funding >15% |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | reserve under noncurrent |  |
| 2015-03 | 3 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-11 [Theresa A. Piazza Obituary Jun 6, 2026 - legacy.com](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9UakU4dzExbVpzQ2V5NGxQSDhkd0RodHFrUHRFVC11SjVNWVhGbmNiWXNfbmZrMkx2VGRXVUpvMHBzVWZpWmNNQ1g5Q0lsQld4Mk5MZGFtUQ?oc=5) · legacy.com
- 2025-02-10 [Citizens National Bank relocates to Cedar Park, Leander border, celebrates 125 years - Community Impact](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOWGlaYzlkcEZXaFY0R3hPeE9zUDVTVC1kUEo5Z0xaMkktZ1ktNUp1bDQwRXdWbklWVlFTd3g0TDdXRHdQaEhkMFdBSFBhZnV2Q09IOTRhU3VNcGNvX0t0RDZjMk5VSjFmYllidnN0UkUxQWpQQl9XS1JXbVdlRnJJcmJ5R1FIQjNVbzZPeEpOeng2eGhSTERvcUk3bUo3WDJwb2ROQ0tMSDYxbmktT3VXcEFIOVAyUzdtVS1zaU13N0xWWmh0V2h2akdRd20zN3AzYXlLTGN4NENYMFYwQWtZclRYMkxrdw?oc=5) · Community Impact
- 2015-11-24 [On the move: Citizens National Bank - The Clarion-Ledger](https://news.google.com/rss/articles/CBMioAFBVV95cUxPeXJ5VWdKXzVZdDc2TldCdDNBeHlrRGpUa2RsSktHN1g5SDNqNzZxZHkxQjJ3bGN0Yy1UNUhNTnNnM0xCOElzTXk5VzNEN19TWnNUQXJGeERSVHQ2am1kd25Cam8tU2tyQTZVMEYxel83QXdsV3k1elpfeTEzVVZ3amlOelJ5bDVINVI4enZrd0ZzZURBcWczNmI0emlOVG9L?oc=5) · The Clarion-Ledger
- 2018-09-28 [First Citizen’s National Bank named among top banks in the country - columbiadailyherald.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQdEZLZExjVkpwQUlxXzRWUGY2ZUZRYVBpaTg3WDltZXVnNFE1eWZGa2dyUnNXdkZtWFlBZFZDN0NjLWs0WlZCNlNOQkJDbU1pNFBFZ2J5b3M0ajVjdkNMMlRER1VLcVkxUjNCbXd5N3FIcHJxUXJmc1gzOUpuUGZ3SUl2YVlmMmNEXzBoanlTRUNSVzNtOGlpT2MtV2lKU3RpOGFibEtGdUM?oc=5) · columbiadailyherald.com
- 2013-05-04 [Citizens National Bank gets new chairman, vice chairman - Norwich Bulletin](https://news.google.com/rss/articles/CBMipwFBVV95cUxOWTEzRWhmbDl3cW9YN3pwb0FSdUlNblIxdUkwTVdGczBld0dqN0p6RElDNzNBUkQ5cVBsT0NOZ2IydXJmUWh0X0hDbUJzRkpQTU43b0R4SDlXZkpkSVk4UHBPampjS25wZVc3N2FhTm5EalZ6Nzdma2hvV19yRy1sYVhSeHBxdTJUUWYyckM1RWlmRGxpcWxFZjVTd0FxVS1tRzFLMzVONA?oc=5) · Norwich Bulletin
- 2026-08-13 [John William Nutter Obituary (2026) - North Grosvenordale, CT - Gilman Funeral Home & Crematory - Putnam - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE5wXzFPZlFKLTBnQVl0cWZuaXdLeGRTQnJ3emRlRFd0b1JuUF90T3djOWgwdlB2T3M0bXduZDRZOENGZkJTNjZHZXEzcVBRUjNGeUszUDJKLUkxTlQ1WWtUZUdWUk1Hcm1STU5waFg3VU9VWUtkaTZMMUVfRHI0OG8?oc=5) · legacy.com
- 2014-10-29 [First Citizens grand opening today, more business notes - jacksonsun.com](https://news.google.com/rss/articles/CBMiugFBVV95cUxPWDhvR0FjU0lqaUNvNDZtTkdITmRDeTJrN1BYZVZIUlctS202QnlDck00VUV3eEdRWkhWODBNbnpNTXpYS1dtVXVhNm1zcF9nVjZfdmZFd2diQkExZlROV2xjMTlYUXRQbk40WE43LUhjeG5MbnZUUFlCYWR5NUdqRlFUTFVfQWN6NzRxb2R2d2w0dVpLa1R5enRYUFp1Qk1aVzJuLWR6eU1KdmhoZE9yTGVEemlfbVNaU1E?oc=5) · jacksonsun.com
- 2023-02-07 [Citizens National Bank now serving Round Rock customers in brand-new downtown building - Community Impact](https://news.google.com/rss/articles/CBMi0AFBVV95cUxQWjRUa0pOSXBkNFhxUEREV00wcjkxNVQ4aUFlYVl2bVNacmJKbklYWHRVbWZsT1JpS3FmX2I4cElsVGRzd0pMeDdSZW5UNDZaZWtFVnQ5ZTB5UDVPZ215eDFWaF82bG1lS2lla1dLVVk5MTFYSWdKanQxamRsZUdJRGZrcjlEVm12bmxnU1Nrb0JqQURXS29tS2V6c1ZUZjh6aHRKWmx5S0hrVGtZZnpDZDdKZG5MVnVHQzVEVmFEcmtSS3RtZzZfZ2d4aHRqV29p?oc=5) · Community Impact

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2521 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/25.json (key "2521", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide