Citizens Fidelity Bank
Bristol, TN · Owner: Citizens Bancshares Inc
$18.2M
total assets, September 30, 1984
$18.2M
total assets, September 30, 1984
Citizens Fidelity Bank was a state nonmember bank in Bristol, TN, owned by Citizens Bancshares Inc. It failed on Feb 1, 1985, and Energy Bank took over its deposits. At its last report it held $18.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1984
This bank failed
- Failed on
- Feb 1, 1985
- Assets
- $18.2M
- Deposits
- $17.6M
- Estimated cost
- $4.1M
- Deposits went to
- Energy Bank, Oak Ridge, TN
Total assets
$18.2M
vs a year before: - · -18.1% in a quarter
Deposits
$17.6M
vs a year before: - · -14.8% in a quarter
Loans
$12.3M
vs a year before: - · -14.2% in a quarter
Profit so far
-$1.1M
Jan 1 to Sep 30, 1984
Capital ratio
0.99%
Return on assets
-7.14%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- 1143 Volunteer Parkway, Bristol, TN, 37620
- County
- Sullivan
- Holding company
- Citizens Bancshares Inc
- Established
- Mar 5, 1979
- Failed
- Feb 1, 1985
- Employees
- 23
- Id
- b22822
Quarter by quarter
March 31, 1984 to September 30, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 3
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Citizens Fidelity Bank?
$18.2 million in total assets and $17.6 million in deposits as of September 30, 1984. Its loans were $12.3 million.
Is Citizens Fidelity Bank profitable?
No: it lost $1.14 million from January 1 to September 30, 1984. Its return on assets was -7.14% a year; about 1% is typical.
Who owns Citizens Fidelity Bank?
Citizens Fidelity Bank is owned by Citizens Bancshares Inc, its holding company.
When did Citizens Fidelity Bank fail?
Feb 1, 1985. Energy Bank of Oak Ridge, TN took over its deposits. The estimated cost of the failure was $4.06 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.