The Citizens National Bank of Somerset

Somerset, KY
IDRSSD: 410917
Total Assets
$702.61M
Latest filing
Total Deposits
$556.12M
Latest filing
Net Interest Margin
3.15%
Profitability

Locations

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Main Office
The Citizens National Bank of Somerset
44 Public Sq
Somerset, KY 42501
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1919FDIC Certificate 1767

Branches (10)

Page 1 of 2
NameAddressCity / State
The Citizens National Bank of Somerset (Main)44 Public SqSomerset, KY
PLAZA BRANCH293 N Highway 27Somerset, KY
BURNSIDE BRANCH6385 S Highway 27Somerset, KY
CITIZENS 27 BRANCH800 S Highway 27Somerset, KY
COFFMAN BUILDING BRANCH107 E Mount Vernon StSomerset, KY
WAITSBORO BRANCH4145 S Highway 27Somerset, KY
NANCY BRANCH9140 W Highway 80Nancy, KY
SCIENCE HILL BRANCH105 W Highway 635Science Hill, KY
Showing 7 of 10

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date01/01/1919
Community BankYes
Ownership TypeNot Mutual
ZIP42501
State and County Number21199
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number04
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameSomerset, KY

Operational Info

Number of Employees119
Domestic Offices11
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.cnbsomerset.com
Data Updated11/14/2025
CERT2725
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$702.61M
Total Deposits$556.12M
Total Liabilities$664.66M
Total Equity Capital$37.95M
Net Income$2.71M
Net Loans and Leases$346.83M
Assets Per Employee ($Millions)$5.95M
Bank Premises and Fixed Assets$6.54M
Cash and Balances due from Depository Institutions$55.23M
Deposits Held in Domestic Offices$556.12M

Key Performance Ratios

Return on Assets (ROA)1.55%
Return on Equity (ROE)31.78%
Net Interest Margin3.15%
Efficiency Ratio57.69%
Tier 1 Risk-Based Capital Ratio14.896%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets5.401%
Earning Assets to total Assets97.48%

Income and Expense

Total Interest Income$8.52M
Total Noninterest Income$1.23M
Total Interest Expense$3.17M
Total Noninterest Expense$3.80M
Net Interest Income$5.35M
Pre-tax Net Operating Income$2.71M
Provision for Credit Losses$75.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$105.49M
All Other Liabilities$3.05M
Total Liabilities and Capital$702.61M

Securities

Securities$289.96M
Available-for-sale debt securities$289.96M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Citizens National Bank of Somerset?
$702.61M as of the latest filing.
How much are The Citizens National Bank of Somerset's total deposits?
$556.12M in total deposits.
Where is The Citizens National Bank of Somerset located?
Somerset, KY.
What is the Net Interest Margin?
3.15%.
How many domestic offices does it operate?
11.
When was it established?
01/01/1919.
What is the Return on Assets (ROA)?
1.55%.
How much are total loans and leases?
$346.83M (latest filing).
What is the total interest income (latest filing)?
$8.52M.