Citizens National Bank
Macomb, IL · Owner: Citizens Central Bcorp Inc
$439M
total assets, March 31, 2009
$439M
total assets, March 31, 2009
Citizens National Bank was a national bank in Macomb, IL, owned by Citizens Central Bcorp Inc. It failed on May 22, 2009, and Morton Community Bank took over its deposits. At its last report it held $438.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2009
This bank failed
- Failed on
- May 22, 2009
- Assets
- $439M
- Deposits
- $394M
- Estimated cost
- $30.3M
- Deposits went to
- Morton Community Bank, Effingham, IL
Total assets
$439M
-8.8% in a year · -1.6% in a quarter
Deposits
$394M
+0.9% in a year · +0.2% in a quarter
Loans
$188M
-7.1% in a year · -4.2% in a quarter
Profit so far
-$4.3M
Jan 1 to Mar 31, 2009 · -526.3% in a year
Capital ratio
2.21%
-3.40 pts in a year
Return on assets
-3.90%
-4.76 pts in a year
Facts
- Type
- National bank
- Head office
- 127 South Side Square, Macomb, IL, 61455
- County
- Mcdonough
- Holding company
- Citizens Central Bcorp Inc
- Established
- Jan 1, 1890
- Failed
- May 22, 2009
- Employees
- 71
- Branches
- 8
- Id
- b5757
Quarter by quarter
March 31, 1984 to March 31, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Citizens National Bank?
$438.6 million in total assets and $393.6 million in deposits as of March 31, 2009, with assets down 8.8% from a year before. Its loans were $188.0 million.
How many branches does Citizens National Bank have?
8 branches in Illinois as of June 30, 2026.
Is Citizens National Bank profitable?
No: it lost $4.31 million from January 1 to March 31, 2009. Its return on assets was -3.90% a year; about 1% is typical.
Who owns Citizens National Bank?
Citizens National Bank is owned by Citizens Central Bcorp Inc, its holding company.
When did Citizens National Bank fail?
May 22, 2009. Morton Community Bank of Effingham, IL took over its deposits. The estimated cost of the failure was $30.3 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.