401k Plan data: CITIZENS BANK EMPLOYEES' PENSION PLAN plan

CITIZENS BANK EMPLOYEES' PENSION PLAN 401k Plan overview

Plan Name	CITIZENS BANK EMPLOYEES' PENSION PLAN
Plan identification number	002

CITIZENS BANK EMPLOYEES' PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

CITIZENS BANK has sponsored the creation of one or more 401k plans.

Company Name: CITIZENS BANK

Employer identification number (EIN): 350227210

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITIZENS BANK EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 PENNIE STANCOMBE
002 2013-01-01 PENNIE STANCOMBE
002 2012-01-01 RITA TIMMONS
002 2011-01-01 RITA TIMMONS
002 2010-01-01 RITA TIMMONS RITA TIMMONS 2011-07-27
002 2009-01-01 RITA TIMMONS

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2014-01-01	PENNIE STANCOMBE
002	2013-01-01	PENNIE STANCOMBE
002	2012-01-01	RITA TIMMONS
002	2011-01-01	RITA TIMMONS
002	2010-01-01	RITA TIMMONS	RITA TIMMONS	2011-07-27
002	2009-01-01	RITA TIMMONS

Plan Statistics for CITIZENS BANK EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for CITIZENS BANK EMPLOYEES' PENSION PLAN

Measure Date Value
2014: CITIZENS BANK EMPLOYEES' PENSION PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: CITIZENS BANK EMPLOYEES' PENSION PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 162
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 95
Number of retired or separated participants receiving benefits 2013-01-01 32
Number of other retired or separated participants entitled to future benefits 2013-01-01 24
Total of all active and inactive participants 2013-01-01 151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 2
Total participants 2013-01-01 153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 1
2012: CITIZENS BANK EMPLOYEES' PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 168
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 101
Number of retired or separated participants receiving benefits 2012-01-01 34
Number of other retired or separated participants entitled to future benefits 2012-01-01 25
Total of all active and inactive participants 2012-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 2
Total participants 2012-01-01 162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 4
2011: CITIZENS BANK EMPLOYEES' PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 176
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 120
Number of retired or separated participants receiving benefits 2011-01-01 28
Number of other retired or separated participants entitled to future benefits 2011-01-01 18
Total of all active and inactive participants 2011-01-01 166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 2
Total participants 2011-01-01 168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 5
2010: CITIZENS BANK EMPLOYEES' PENSION PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 188
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 133
Number of retired or separated participants receiving benefits 2010-01-01 22
Number of other retired or separated participants entitled to future benefits 2010-01-01 20
Total of all active and inactive participants 2010-01-01 175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 1
Total participants 2010-01-01 176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 10
2009: CITIZENS BANK EMPLOYEES' PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 182
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 135
Number of retired or separated participants receiving benefits 2009-01-01 19
Number of other retired or separated participants entitled to future benefits 2009-01-01 14
Total of all active and inactive participants 2009-01-01 168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 10

Measure	Date	Value
2014: CITIZENS BANK EMPLOYEES' PENSION PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: CITIZENS BANK EMPLOYEES' PENSION PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	162
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	95
Number of retired or separated participants receiving benefits	2013-01-01	32
Number of other retired or separated participants entitled to future benefits	2013-01-01	24
Total of all active and inactive participants	2013-01-01	151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	2
Total participants	2013-01-01	153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	1
2012: CITIZENS BANK EMPLOYEES' PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	168
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	101
Number of retired or separated participants receiving benefits	2012-01-01	34
Number of other retired or separated participants entitled to future benefits	2012-01-01	25
Total of all active and inactive participants	2012-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	2
Total participants	2012-01-01	162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	4
2011: CITIZENS BANK EMPLOYEES' PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	176
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	120
Number of retired or separated participants receiving benefits	2011-01-01	28
Number of other retired or separated participants entitled to future benefits	2011-01-01	18
Total of all active and inactive participants	2011-01-01	166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	2
Total participants	2011-01-01	168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	5
2010: CITIZENS BANK EMPLOYEES' PENSION PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	188
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	133
Number of retired or separated participants receiving benefits	2010-01-01	22
Number of other retired or separated participants entitled to future benefits	2010-01-01	20
Total of all active and inactive participants	2010-01-01	175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	1
Total participants	2010-01-01	176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	10
2009: CITIZENS BANK EMPLOYEES' PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	182
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	135
Number of retired or separated participants receiving benefits	2009-01-01	19
Number of other retired or separated participants entitled to future benefits	2009-01-01	14
Total of all active and inactive participants	2009-01-01	168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	10

Financial Data on CITIZENS BANK EMPLOYEES' PENSION PLAN

Measure	Date	Value
2014 : CITIZENS BANK EMPLOYEES' PENSION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-16	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-16	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-16	$0
Total income from all sources (including contributions)	2014-12-16	$508,780
Total loss/gain on sale of assets	2014-12-16	$71,806
Total of all expenses incurred	2014-12-16	$6,029,554
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-16	$5,993,033
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-16	$271,943
Value of total assets at end of year	2014-12-16	$0
Value of total assets at beginning of year	2014-12-16	$5,520,774
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-16	$36,521
Total interest from all sources	2014-12-16	$721
Total dividends received (eg from common stock, registered investment company shares)	2014-12-16	$61,865
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-16	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2014-12-16	$0
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-16	$32,119
Was this plan covered by a fidelity bond	2014-12-16	Yes
Value of fidelity bond cover	2014-12-16	$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-16	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-16	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-16	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-16	$1,683
Administrative expenses (other) incurred	2014-12-16	$36,521
Total non interest bearing cash at end of year	2014-12-16	$0
Total non interest bearing cash at beginning of year	2014-12-16	$2
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-16	No
Value of net income/loss	2014-12-16	$-5,520,774
Value of net assets at end of year (total assets less liabilities)	2014-12-16	$0
Value of net assets at beginning of year (total assets less liabilities)	2014-12-16	$5,520,774
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-16	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-16	No
Were any leases to which the plan was party in default or uncollectible	2014-12-16	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-16	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-16	$3,308,451
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-16	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-16	$282,337
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-16	$282,337
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-16	$721
Expenses. Payments to insurance carriers foe the provision of benefits	2014-12-16	$3,811,691
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-16	$102,445
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-16	Yes
Was there a failure to transmit to the plan any participant contributions	2014-12-16	No
Has the plan failed to provide any benefit when due under the plan	2014-12-16	No
Contributions received in cash from employer	2014-12-16	$271,943
Income. Dividends from common stock	2014-12-16	$29,746
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-16	$2,181,342
Assets. Corporate common stocks other than exployer securities at end of year	2014-12-16	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2014-12-16	$1,928,301
Did the plan have assets held for investment	2014-12-16	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-16	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-16	Yes
Aggregate proceeds on sale of assets	2014-12-16	$8,303,500
Aggregate carrying amount (costs) on sale of assets	2014-12-16	$8,231,694
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-16	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-16	Disclaimer
Accountancy firm name	2014-12-16	BKD, LLP
Accountancy firm EIN	2014-12-16	440160260
2013 : CITIZENS BANK EMPLOYEES' PENSION PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$245,001
Total unrealized appreciation/depreciation of assets	2013-12-31	$245,001
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,092,718
Total loss/gain on sale of assets	2013-12-31	$185,796
Total of all expenses incurred	2013-12-31	$368,212
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$334,598
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$400,000
Value of total assets at end of year	2013-12-31	$5,520,774
Value of total assets at beginning of year	2013-12-31	$4,796,268
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$33,614
Total interest from all sources	2013-12-31	$96
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$124,824
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$81,504
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$1,683
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$1,841
Administrative expenses (other) incurred	2013-12-31	$31,744
Total non interest bearing cash at end of year	2013-12-31	$2
Total non interest bearing cash at beginning of year	2013-12-31	$-190
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$724,506
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$5,520,774
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$4,796,268
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$1,870
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$3,308,451
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$3,113,111
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$282,337
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$193,409
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$193,409
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$96
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$137,001
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$400,000
Income. Dividends from common stock	2013-12-31	$43,320
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$334,598
Assets. Corporate common stocks other than exployer securities at end of year	2013-12-31	$1,928,301
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-12-31	$1,488,097
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$2,280,239
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$2,094,443
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BKD, LLP
Accountancy firm EIN	2013-12-31	440160260
2012 : CITIZENS BANK EMPLOYEES' PENSION PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$143,010
Total unrealized appreciation/depreciation of assets	2012-12-31	$143,010
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$900,808
Total loss/gain on sale of assets	2012-12-31	$29,509
Total of all expenses incurred	2012-12-31	$521,500
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$491,015
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$400,000
Value of total assets at end of year	2012-12-31	$4,796,268
Value of total assets at beginning of year	2012-12-31	$4,416,960
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$30,485
Total interest from all sources	2012-12-31	$181
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$135,628
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$93,961
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$4,500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$1,841
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$2,247
Administrative expenses (other) incurred	2012-12-31	$28,865
Total non interest bearing cash at end of year	2012-12-31	$-190
Total non interest bearing cash at beginning of year	2012-12-31	$-127,812
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$379,308
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$4,796,268
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$4,416,960
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$1,620
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$3,113,111
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$3,141,236
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$193,409
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$120,818
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$120,818
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$181
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$192,480
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$400,000
Income. Dividends from common stock	2012-12-31	$41,667
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$491,015
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$1,488,097
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$1,280,471
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$1,159,701
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$1,130,192
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	BKD, LLP
Accountancy firm EIN	2012-12-31	440160260
2011 : CITIZENS BANK EMPLOYEES' PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-98,825
Total unrealized appreciation/depreciation of assets	2011-12-31	$-98,825
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$213,793
Total loss/gain on sale of assets	2011-12-31	$-45,656
Total of all expenses incurred	2011-12-31	$430,342
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$399,267
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$195,000
Value of total assets at end of year	2011-12-31	$4,416,960
Value of total assets at beginning of year	2011-12-31	$4,633,509
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$31,075
Total interest from all sources	2011-12-31	$127
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$145,410
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$108,473
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$4,500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$2,247
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$1,645
Administrative expenses (other) incurred	2011-12-31	$29,351
Total non interest bearing cash at end of year	2011-12-31	$-127,812
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-216,549
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$4,416,960
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$4,633,509
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$1,724
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$3,141,236
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$2,798,324
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$120,818
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$409,064
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$409,064
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$127
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$17,737
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$195,000
Income. Dividends from common stock	2011-12-31	$36,937
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$399,267
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$1,280,471
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$1,424,476
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$1,224,836
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$1,270,492
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	BKD, LLP
Accountancy firm EIN	2011-12-31	440160260
2010 : CITIZENS BANK EMPLOYEES' PENSION PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$153,585
Total unrealized appreciation/depreciation of assets	2010-12-31	$153,585
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$810,414
Total loss/gain on sale of assets	2010-12-31	$-22,159
Total of all expenses incurred	2010-12-31	$312,902
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$284,072
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$412,000
Value of total assets at end of year	2010-12-31	$4,633,509
Value of total assets at beginning of year	2010-12-31	$4,135,997
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$28,830
Total interest from all sources	2010-12-31	$282
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$131,873
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$100,529
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$4,500,000
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$1,645
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$1,467
Administrative expenses (other) incurred	2010-12-31	$28,414
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$497,512
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$4,633,509
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$4,135,997
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$416
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$2,798,324
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$2,371,048
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$409,064
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$504,412
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$504,412
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$282
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$134,833
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$412,000
Income. Dividends from common stock	2010-12-31	$31,344
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$284,072
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$1,424,476
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$1,259,070
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$997,096
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$1,019,255
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	BKD, LLP
Accountancy firm EIN	2010-12-31	440160260

Form 5500 Responses for CITIZENS BANK EMPLOYEES' PENSION PLAN

2014: CITIZENS BANK EMPLOYEES' PENSION PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: CITIZENS BANK EMPLOYEES' PENSION PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: CITIZENS BANK EMPLOYEES' PENSION PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: CITIZENS BANK EMPLOYEES' PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: CITIZENS BANK EMPLOYEES' PENSION PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: CITIZENS BANK EMPLOYEES' PENSION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CITIZENS BANK
Employer identification number (EIN):	350227210
NAIC Classification:	522110
NAIC Description:	Commercial Banking