About Us

Our History

Citizens National Bank was organized December 27, 1909 and was chartered as a State Bank under the name Paintsville Bank & Trust Co. on February 14, 1910. Initial Capital was $50,000.00

After 16 years of operation, and, as there was already a National Bank of Paintsville at the time, the bank became Second National Bank of Paintsville on December 18, 1926.

At a special stockholders meeting on June 30, 1959, the bank changed its name to Citizens National Bank and was approved by the OCC on July 15th, 1959. The bank’s capital was $100,000.

During 1969, Citizens raised its capital to $150,000 and then, in April 1977, did a 300% stock dividend raising the bank capital to $600,000.

On November 19, 1982, Citizens National Corporation was incorporated as a holding company owning Citizens National Bank. In the fall of 1997, Citizens National Corporation made its first acquisition when it purchased Bank Josephine, a state bank chartered on February 25, 1890.

During March 1999, Citizens established a “de novo” branch in Salyersville, opening with a mobile unit then constructing a new building in October 1999.

On May 25, 1999, Bank Josephine was merged into Citizens National Bank. On December 31, 1999, Citizens’ bank capital was $19,499,000 and assets were $254,787,000. With the merger of Bank Josephine and the new Salyersville branch, Citizens National added locations in Floyd and Magoffin counties to its Johnson county footprint.

On June 15, 2006, Citizens National Corporation purchased Heritage National Bank, Ashland with conversion completed June 24, 2006, which added branches in Ashland, Russell and Grayson. On June 30, 2006, the bank capital was $354,690,000 and assets were $451,349,000. Citizens National Bank’s growing footprint included Johnson, Floyd, Magoffin, Boyd, Greenup and Carter Counties.

The following year, on July 27, 2007, Citizens National Bank looked to the south and purchased Kentucky National Bank in Pikeville. The merger was completed on August 10, 2007 and added two additional branches and Pike County to Citizens National Bank’s service area. On September 30, 2007, Citizens Bank Capital was $40,370,000 and its assets were $527,386,000.

Citizens ended 2014 with the acquisition of Peoples Security Bank of Louisa, originated in 1903 as the Bank of Blaine. This acquisition added Lawrence County to the bank’s footprint. Year-end total capital was $77,816,000 and assets were $568,532,000. Citizens National Bank is the one of the largest independently owned and operated community banks in Eastern Kentucky, with 12 locations serving eight counties along US Route 23, the County Music Highway, spanning between the state’s borders from Virginia to Ohio.