Citizens Bank of Kentucky, Inc.
Paintsville, Kentucky, Johnson County
$670M in total assets, the 1,443rd largest of 4,309 US banks and 27th of 120 headquartered in Kentucky.
- FDIC certificate
- 2718
- Established
- 1910
- Owned by
- Citizens National Corp
- Primary regulator
- FED
- Website
- http://www.wercitizens.bank
At a glance
Compared with 87 banks headquartered in Kentucky with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $670M | 90% | $286M | |
| Loans | $347M | 71% | $206M | |
| Deposits | $571M | 91% | $251M | |
| Return on assets | 1.00% | 23% | 1.34% | |
| Net interest margin | 3.57% | 28% | 4.02% | |
| Efficiency ratio | 66.7% | 68% | 59.5% | |
| Equity to assets | 13.42% | 92% | 9.40% | |
| Loans to deposits | 61% | 6% | 83% |
Growth
Total assets grew -3.0% a year over the last 5 years and 1.0% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2016 | Alliance Banking Company Winchester, KY | $50M |
| Dec 2014 | Peoples Security Bank Louisa, KY | $47M |
| Jul 2007 | Kentucky National Bank of Pikeville Pikeville, KY | $76M |
| Jun 2006 | Heritage Bank of Ashland, Inc. Ashland, KY | $83M |
| May 1999 | The Bank Josephine Prestonsburg, KY, an affiliate under the same holding company | $108M |
Where they operate
12 branches in 8 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Johnson County, KY | $218M | 42.9% | 1 of 5 |
| Floyd County, KY | $116M | 17.7% | 4 of 4 |
| Pike County, KY | $56M | 3.6% | 4 of 7 |
| Lawrence County, KY | $51M | 30.5% | 3 of 4 |
| Boyd County, KY | $51M | 4.6% | 7 of 8 |
| Magoffin County, KY | $49M | 23.2% | 2 of 3 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (12 branches then and now). 0 opened, 1 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 12 | |||
| 2016 | Acquired Alliance Banking Company | 1 | 0 | +1 | 13 |
| 2018 | Closed Russell | 0 | 1 | −1 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 44% | 22% | |
| 1-4 family residential | 36% | 41% | |
| Business (C&I) | 9% | 8% | |
| Construction and land | 5% | 8% | |
| Multifamily | 3% | 4% | |
| Consumer | 3% | 5% | |
| Farmland | 0% | 8% | |
| Agricultural | 0% | 2% | |
| Other | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 42% | 40% | |
| Noninterest-bearing | 30% | 24% | |
| Time deposits | 28% | 36% |
Brokered deposits are 0.0% of deposits (peers 2.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.85% | 0.52% |
| Net charge-offs, annualized | 0.03% | 0.02% |
| Reserves to loans | 1.43% | 1.14% |
| Leverage ratio | 13.51% | 10.52% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Kentucky
Largest competitors in Johnson County, KY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/citizens-kentucky