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FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameFIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 003

FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Stock bonus
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

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

Company Name:FIRST CITIZENS BANK CORP.
Employer identification number (EIN):421113318
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about FIRST CITIZENS BANK CORP.

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities
Incorporation Date: 1973-12-01
Company Identification Number: 008301
Legal Registered Office Address: 2601 4TH ST SW

MASON CITY
United States of America (USA)
50401

More information about FIRST CITIZENS BANK CORP.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032019-01-01
0032018-01-01
0032017-01-01DANIEL MCGUIRE DANIEL MCGUIRE2018-09-19
0032016-01-01JENNIFER FREIN JENNIFER FREIN2017-10-16
0032015-01-01DANIEL MCGUIRE DANIEL MCGUIRE2016-10-17
0032014-01-01DANIEL MCGUIRE DANIEL MCGUIRE2015-10-15
0032013-01-01DANIEL MCGUIRE DANIEL MCGUIRE2014-09-23
0032012-01-01DANIEL MCGUIRE DANIEL MCGUIRE2013-10-15
0032011-01-01DANIEL MCGUIRE DANIEL MCGUIRE2012-10-12
0032010-01-01DANIEL MCGUIRE DANIEL MCGUIRE2011-10-06
0032009-01-01NICOLA BLEAKNEY NICOLA BLEAKNEY2010-09-20
0032009-01-01NICOLA BLEAKNEY NICOLA BLEAKNEY2010-09-17

Plan Statistics for FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01249
Total number of active participants reported on line 7a of the Form 55002023-01-01195
Number of retired or separated participants receiving benefits2023-01-0113
Number of other retired or separated participants entitled to future benefits2023-01-0136
Total of all active and inactive participants2023-01-01244
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01244
Number of participants with account balances2023-01-01244
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-014
2022: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01245
Total number of active participants reported on line 7a of the Form 55002022-01-01183
Number of retired or separated participants receiving benefits2022-01-0114
Number of other retired or separated participants entitled to future benefits2022-01-0141
Total of all active and inactive participants2022-01-01238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01238
Number of participants with account balances2022-01-01238
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-014
2021: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01237
Total number of active participants reported on line 7a of the Form 55002021-01-01184
Number of retired or separated participants receiving benefits2021-01-0119
Number of other retired or separated participants entitled to future benefits2021-01-0140
Total of all active and inactive participants2021-01-01243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01243
Number of participants with account balances2021-01-01243
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01241
Total number of active participants reported on line 7a of the Form 55002020-01-01197
Number of retired or separated participants receiving benefits2020-01-0111
Number of other retired or separated participants entitled to future benefits2020-01-0127
Total of all active and inactive participants2020-01-01235
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01236
Number of participants with account balances2020-01-01235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-014
2019: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01247
Total number of active participants reported on line 7a of the Form 55002019-01-01196
Number of retired or separated participants receiving benefits2019-01-0117
Number of other retired or separated participants entitled to future benefits2019-01-0128
Total of all active and inactive participants2019-01-01241
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01241
Number of participants with account balances2019-01-01241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01259
Total number of active participants reported on line 7a of the Form 55002018-01-01189
Number of retired or separated participants receiving benefits2018-01-0115
Number of other retired or separated participants entitled to future benefits2018-01-0143
Total of all active and inactive participants2018-01-01247
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01247
Number of participants with account balances2018-01-01246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01268
Total number of active participants reported on line 7a of the Form 55002017-01-01195
Number of retired or separated participants receiving benefits2017-01-0113
Number of other retired or separated participants entitled to future benefits2017-01-0146
Total of all active and inactive participants2017-01-01254
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01254
Number of participants with account balances2017-01-01252
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01273
Total number of active participants reported on line 7a of the Form 55002016-01-01196
Number of retired or separated participants receiving benefits2016-01-0118
Number of other retired or separated participants entitled to future benefits2016-01-0141
Total of all active and inactive participants2016-01-01255
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01256
Number of participants with account balances2016-01-01255
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014
2015: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01274
Total number of active participants reported on line 7a of the Form 55002015-01-01190
Number of retired or separated participants receiving benefits2015-01-0122
Number of other retired or separated participants entitled to future benefits2015-01-0150
Total of all active and inactive participants2015-01-01262
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01263
Number of participants with account balances2015-01-01262
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-015
2014: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01292
Total number of active participants reported on line 7a of the Form 55002014-01-01197
Number of retired or separated participants receiving benefits2014-01-0121
Number of other retired or separated participants entitled to future benefits2014-01-0143
Total of all active and inactive participants2014-01-01261
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01262
Number of participants with account balances2014-01-01262
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-016
2013: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01286
Total number of active participants reported on line 7a of the Form 55002013-01-01200
Number of retired or separated participants receiving benefits2013-01-0121
Number of other retired or separated participants entitled to future benefits2013-01-0156
Total of all active and inactive participants2013-01-01277
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01278
Number of participants with account balances2013-01-01277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01292
Total number of active participants reported on line 7a of the Form 55002012-01-01202
Number of retired or separated participants receiving benefits2012-01-0123
Number of other retired or separated participants entitled to future benefits2012-01-0148
Total of all active and inactive participants2012-01-01273
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-01275
Number of participants with account balances2012-01-01275
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-013
2011: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01287
Total number of active participants reported on line 7a of the Form 55002011-01-01196
Number of retired or separated participants receiving benefits2011-01-0124
Number of other retired or separated participants entitled to future benefits2011-01-0158
Total of all active and inactive participants2011-01-01278
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-01280
Number of participants with account balances2011-01-01280
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-015
2010: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01284
Total number of active participants reported on line 7a of the Form 55002010-01-01199
Number of retired or separated participants receiving benefits2010-01-0121
Number of other retired or separated participants entitled to future benefits2010-01-0157
Total of all active and inactive participants2010-01-01277
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-01279
Number of participants with account balances2010-01-01279
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01276
Total number of active participants reported on line 7a of the Form 55002009-01-01197
Number of retired or separated participants receiving benefits2009-01-0112
Number of other retired or separated participants entitled to future benefits2009-01-0159
Total of all active and inactive participants2009-01-01268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-01270
Number of participants with account balances2009-01-01270
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$73,600
Total unrealized appreciation/depreciation of assets2023-12-31$73,600
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$2,810,443
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$3,359,139
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$3,359,139
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$683,000
Value of total assets at end of year2023-12-31$33,864,899
Value of total assets at beginning of year2023-12-31$34,413,595
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$0
Total interest from all sources2023-12-31$258,754
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$1,656,000
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Assets. Real estate other than employer real property at end of year2023-12-31$0
Assets. Real estate other than employer real property at beginning of year2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$-548,696
Value of net assets at end of year (total assets less liabilities)2023-12-31$33,864,899
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$34,413,595
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$2,237,484
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$1,977,508
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$3,180,151
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$3,180,151
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$258,754
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$139,089
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31Yes
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$28,872,800
Assets. Invements in employer securities at beginning of year2023-12-31$28,799,200
Contributions received in cash from employer2023-12-31$683,000
Income. Dividends from common stock2023-12-31$1,656,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$3,359,139
Asset. Corporate debt instrument debt (other) at end of year2023-12-31$3,014,591
Asset. Corporate debt instrument debt (other) at beginning of year2023-12-31$196,760
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2023-12-31410746749
2022 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$1,028,000
Total unrealized appreciation/depreciation of assets2022-12-31$1,028,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$3,066,940
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$2,937,286
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,937,286
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$775,000
Value of total assets at end of year2022-12-31$34,413,595
Value of total assets at beginning of year2022-12-31$34,283,941
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$0
Total interest from all sources2022-12-31$17,267
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,685,222
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$85,222
Assets. Real estate other than employer real property at end of year2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$129,654
Value of net assets at end of year (total assets less liabilities)2022-12-31$34,413,595
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$34,283,941
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,237,484
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$2,672,071
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$3,180,151
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$3,592,168
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$3,592,168
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$17,267
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-438,549
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$28,799,200
Assets. Invements in employer securities at beginning of year2022-12-31$27,771,200
Contributions received in cash from employer2022-12-31$775,000
Income. Dividends from common stock2022-12-31$1,600,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,937,286
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$196,760
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$248,502
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Liabilities. Value of acquisition indebtedness at beginning of year2022-12-31$0
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2022-12-31410746749
2021 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,252,000
Total unrealized appreciation/depreciation of assets2021-12-31$1,252,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$4,014,234
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,670,818
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,670,818
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$770,000
Value of total assets at end of year2021-12-31$34,283,941
Value of total assets at beginning of year2021-12-31$31,940,525
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$0
Total interest from all sources2021-12-31$28,158
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,658,345
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$58,345
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Other income not declared elsewhere2021-12-31$305,731
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,343,416
Value of net assets at end of year (total assets less liabilities)2021-12-31$34,283,941
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$31,940,525
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$2,672,071
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$1,976,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$3,592,168
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$2,817,115
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$2,817,115
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$28,158
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$27,771,200
Assets. Invements in employer securities at beginning of year2021-12-31$26,519,200
Contributions received in cash from employer2021-12-31$770,000
Income. Dividends from common stock2021-12-31$1,600,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,670,818
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$248,502
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$627,482
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Liabilities. Value of acquisition indebtedness at end of year2021-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2021-12-31$0
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2021-12-31410746749
2020 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$1,288,000
Total unrealized appreciation/depreciation of assets2020-12-31$1,288,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$686,473
Expenses. Interest paid2020-12-31$179
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$179
Total income from all sources (including contributions)2020-12-31$4,041,416
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$2,375,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,375,014
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$855,000
Value of total assets at end of year2020-12-31$31,940,525
Value of total assets at beginning of year2020-12-31$30,960,775
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$53,520
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,634,468
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$34,468
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Other income not declared elsewhere2020-12-31$210,428
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,666,223
Value of net assets at end of year (total assets less liabilities)2020-12-31$31,940,525
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$30,274,302
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$1,976,728
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,959,069
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$2,817,115
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$3,019,128
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$3,019,128
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$53,520
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$26,519,200
Assets. Invements in employer securities at beginning of year2020-12-31$25,231,200
Contributions received in cash from employer2020-12-31$855,000
Income. Dividends from common stock2020-12-31$1,600,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,375,014
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$627,482
Asset. Corporate debt instrument debt (other) at beginning of year2020-12-31$751,378
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Liabilities. Value of acquisition indebtedness at end of year2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$686,473
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2020-12-31410746749
2019 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$980,800
Total unrealized appreciation/depreciation of assets2019-12-31$980,800
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$686,473
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,673,766
Expenses. Interest paid2019-12-31$47,223
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$47,223
Total income from all sources (including contributions)2019-12-31$4,083,670
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$3,963,647
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,916,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$686,774
Value of total assets at end of year2019-12-31$30,960,775
Value of total assets at beginning of year2019-12-31$31,828,045
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$0
Total interest from all sources2019-12-31$109,535
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,815,524
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$55,524
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$13,495
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$120,023
Value of net assets at end of year (total assets less liabilities)2019-12-31$30,274,302
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$30,154,279
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,959,069
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,015,277
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$3,019,128
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$4,659,276
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$4,659,276
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$109,535
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$491,037
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$25,231,200
Assets. Invements in employer securities at beginning of year2019-12-31$24,250,400
Contributions received in cash from employer2019-12-31$686,774
Employer contributions (assets) at beginning of year2019-12-31$1,386
Income. Dividends from common stock2019-12-31$1,760,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,916,424
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$751,378
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$888,211
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Liabilities. Value of acquisition indebtedness at end of year2019-12-31$686,473
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$1,673,766
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2019-12-31410746749
2018 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$1,231,457
Total unrealized appreciation/depreciation of assets2018-12-31$1,231,457
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,673,766
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$2,697,541
Expenses. Interest paid2018-12-31$86,050
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$86,050
Total income from all sources (including contributions)2018-12-31$3,526,939
Total loss/gain on sale of assets2018-12-31$-18,601
Total of all expenses incurred2018-12-31$3,283,186
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,197,136
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$701,386
Value of total assets at end of year2018-12-31$31,828,045
Value of total assets at beginning of year2018-12-31$32,608,067
Total interest from all sources2018-12-31$125,698
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,694,298
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$60,542
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31Yes
Amount of non-exempt transactions with any party-in-interest2018-12-31$32,351
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$74,670
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$13,495
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$879,892
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Other income not declared elsewhere2018-12-31$13,495
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$243,753
Value of net assets at end of year (total assets less liabilities)2018-12-31$30,154,279
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$29,910,526
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,015,277
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$3,415,861
Interest earned on other investments2018-12-31$675
Income. Interest from corporate debt instruments2018-12-31$34,233
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$4,659,276
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$3,943,672
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$3,943,672
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$90,790
Asset value of US Government securities at beginning of year2018-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-220,794
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$24,250,400
Assets. Invements in employer securities at beginning of year2018-12-31$23,004,800
Contributions received in cash from employer2018-12-31$701,386
Employer contributions (assets) at end of year2018-12-31$1,386
Income. Dividends from common stock2018-12-31$1,633,756
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,197,136
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$888,211
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$1,289,171
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$1,425,961
Aggregate carrying amount (costs) on sale of assets2018-12-31$1,444,562
Liabilities. Value of acquisition indebtedness at end of year2018-12-31$1,673,766
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$2,697,541
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2018-12-31410746749
2017 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$1,225,049
Total unrealized appreciation/depreciation of assets2017-12-31$1,225,049
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$2,697,541
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$3,680,000
Expenses. Interest paid2017-12-31$86,434
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$86,434
Total income from all sources (including contributions)2017-12-31$4,207,305
Total loss/gain on sale of assets2017-12-31$236
Total of all expenses incurred2017-12-31$780,462
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$694,028
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$660,000
Value of total assets at end of year2017-12-31$32,608,067
Value of total assets at beginning of year2017-12-31$30,163,683
Total interest from all sources2017-12-31$72,373
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$1,712,633
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$77,059
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$8,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31Yes
Amount of non-exempt transactions with any party-in-interest2017-12-31$32,351
Assets. Other investments not covered elsewhere at end of year2017-12-31$74,670
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$74,638
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$879,892
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$0
Other income not declared elsewhere2017-12-31$32,351
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$-129,460
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,426,843
Value of net assets at end of year (total assets less liabilities)2017-12-31$29,910,526
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$26,483,683
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$3,415,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,139,231
Interest earned on other investments2017-12-31$1,350
Income. Interest from US Government securities2017-12-31$2
Income. Interest from corporate debt instruments2017-12-31$37,300
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$3,943,672
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$3,914,017
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$3,914,017
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$33,721
Asset value of US Government securities at end of year2017-12-31$1
Asset value of US Government securities at beginning of year2017-12-31$87
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$504,663
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$23,004,800
Assets. Invements in employer securities at beginning of year2017-12-31$21,780,800
Contributions received in cash from employer2017-12-31$660,000
Income. Dividends from common stock2017-12-31$1,635,574
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$694,028
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$1,289,171
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$1,384,370
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$350,000
Aggregate carrying amount (costs) on sale of assets2017-12-31$349,764
Liabilities. Value of acquisition indebtedness at end of year2017-12-31$2,697,541
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$3,680,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2017-12-31410746749
2016 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-328,330
Total unrealized appreciation/depreciation of assets2016-12-31$-328,330
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$3,680,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$4,480,000
Expenses. Interest paid2016-12-31$129,460
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$129,460
Total income from all sources (including contributions)2016-12-31$3,529,020
Total loss/gain on sale of assets2016-12-31$13
Total of all expenses incurred2016-12-31$2,445,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,315,664
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$650,000
Value of total assets at end of year2016-12-31$30,163,683
Value of total assets at beginning of year2016-12-31$29,879,787
Total interest from all sources2016-12-31$54,827
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$89,278
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$89,278
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$8,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Assets. Other investments not covered elsewhere at end of year2016-12-31$74,638
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Other income not declared elsewhere2016-12-31$2,759,088
Total non interest bearing cash at end of year2016-12-31$-129,460
Total non interest bearing cash at beginning of year2016-12-31$16,629
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,083,896
Value of net assets at end of year (total assets less liabilities)2016-12-31$26,483,683
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$25,399,787
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$3,139,231
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$3,726,906
Interest earned on other investments2016-12-31$259
Income. Interest from US Government securities2016-12-31$5
Income. Interest from corporate debt instruments2016-12-31$38,927
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$3,914,017
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$2,643,400
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$2,643,400
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$15,636
Asset value of US Government securities at end of year2016-12-31$87
Asset value of US Government securities at beginning of year2016-12-31$214
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$304,144
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$21,780,800
Assets. Invements in employer securities at beginning of year2016-12-31$22,120,000
Contributions received in cash from employer2016-12-31$650,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,315,664
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$1,384,370
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$1,372,638
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$30,212
Aggregate carrying amount (costs) on sale of assets2016-12-31$30,199
Liabilities. Value of acquisition indebtedness at end of year2016-12-31$3,680,000
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$4,480,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31DENMAN & COMPANY LLP
Accountancy firm EIN2016-12-31420794029
2015 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$1,027,424
Total unrealized appreciation/depreciation of assets2015-12-31$1,027,424
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$4,480,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$5,031,200
Expenses. Interest paid2015-12-31$146,631
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-12-31$146,631
Total income from all sources (including contributions)2015-12-31$3,103,249
Total loss/gain on sale of assets2015-12-31$-99
Total of all expenses incurred2015-12-31$809,579
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$662,948
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$715,000
Value of total assets at end of year2015-12-31$29,879,787
Value of total assets at beginning of year2015-12-31$28,137,317
Total interest from all sources2015-12-31$50,095
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$92,862
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$92,862
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$8,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Other income not declared elsewhere2015-12-31$1,360,439
Total non interest bearing cash at end of year2015-12-31$16,629
Total non interest bearing cash at beginning of year2015-12-31$-32,759
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$2,293,670
Value of net assets at end of year (total assets less liabilities)2015-12-31$25,399,787
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$23,106,117
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$3,726,906
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$4,052,787
Income. Interest from US Government securities2015-12-31$10
Income. Interest from corporate debt instruments2015-12-31$50,070
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$2,643,400
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$1,601,619
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$1,601,619
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$15
Asset value of US Government securities at end of year2015-12-31$214
Asset value of US Government securities at beginning of year2015-12-31$363
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-142,472
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$22,120,000
Assets. Invements in employer securities at beginning of year2015-12-31$21,069,600
Contributions received in cash from employer2015-12-31$715,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$662,948
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$1,372,638
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$1,445,707
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$50,000
Aggregate carrying amount (costs) on sale of assets2015-12-31$50,099
Liabilities. Value of acquisition indebtedness at end of year2015-12-31$4,480,000
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$5,031,200
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31DENMAN & COMPANY LLP
Accountancy firm EIN2015-12-31420794029
2014 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$945,622
Total unrealized appreciation/depreciation of assets2014-12-31$945,622
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$5,031,200
Expenses. Interest paid2014-12-31$106,620
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$106,620
Total income from all sources (including contributions)2014-12-31$2,835,096
Total loss/gain on sale of assets2014-12-31$3,912
Total of all expenses incurred2014-12-31$4,535,811
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$4,429,191
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$515,000
Value of total assets at end of year2014-12-31$28,137,317
Value of total assets at beginning of year2014-12-31$24,806,832
Total interest from all sources2014-12-31$8,983
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$79,974
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$79,974
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$8,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Other income not declared elsewhere2014-12-31$1,063,098
Total non interest bearing cash at end of year2014-12-31$-32,759
Total non interest bearing cash at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-1,700,715
Value of net assets at end of year (total assets less liabilities)2014-12-31$23,106,117
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$24,806,832
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$4,052,787
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,699,108
Income. Interest from US Government securities2014-12-31$2,115
Income. Interest from corporate debt instruments2014-12-31$6,825
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$1,601,619
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$653,128
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$653,128
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$43
Asset value of US Government securities at end of year2014-12-31$363
Asset value of US Government securities at beginning of year2014-12-31$86,623
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$218,507
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$21,069,600
Assets. Invements in employer securities at beginning of year2014-12-31$20,124,800
Contributions received in cash from employer2014-12-31$515,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$4,429,191
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$1,445,707
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$243,173
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$90,000
Aggregate carrying amount (costs) on sale of assets2014-12-31$86,088
Liabilities. Value of acquisition indebtedness at end of year2014-12-31$5,031,200
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31DENMAN & COMPANY LLP
Accountancy firm EIN2014-12-31420794029
2013 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$274,190
Total unrealized appreciation/depreciation of assets2013-12-31$274,190
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$3,203
Total income from all sources (including contributions)2013-12-31$2,907,344
Total loss/gain on sale of assets2013-12-31$5,335
Total of all expenses incurred2013-12-31$1,505,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,503,805
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$510,000
Value of total assets at end of year2013-12-31$24,806,832
Value of total assets at beginning of year2013-12-31$23,407,815
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$1,319
Total interest from all sources2013-12-31$11,704
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$65,233
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$64,216
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$8,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$3,203
Other income not declared elsewhere2013-12-31$1,349,693
Administrative expenses (other) incurred2013-12-31$1,319
Total non interest bearing cash at end of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$4,336
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,402,220
Value of net assets at end of year (total assets less liabilities)2013-12-31$24,806,832
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$23,404,612
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$3,699,108
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,096,092
Income. Interest from US Government securities2013-12-31$6,048
Income. Interest from corporate debt instruments2013-12-31$5,647
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$653,128
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$578,581
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$578,581
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$9
Asset value of US Government securities at end of year2013-12-31$86,623
Asset value of US Government securities at beginning of year2013-12-31$294,353
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$691,189
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$20,124,800
Assets. Invements in employer securities at beginning of year2013-12-31$19,229,210
Contributions received in cash from employer2013-12-31$510,000
Income. Dividends from common stock2013-12-31$1,017
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,503,805
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$243,173
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$102,025
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$103,218
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$359,041
Aggregate carrying amount (costs) on sale of assets2013-12-31$353,706
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31DENMAN & COMPANY LLP
Accountancy firm EIN2013-12-31420794029
2012 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$820,539
Total unrealized appreciation/depreciation of assets2012-12-31$820,539
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$3,203
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$3,203
Total income from all sources (including contributions)2012-12-31$3,116,759
Total loss/gain on sale of assets2012-12-31$-1,366
Total of all expenses incurred2012-12-31$808,555
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$808,555
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$510,000
Value of total assets at end of year2012-12-31$23,407,815
Value of total assets at beginning of year2012-12-31$21,099,611
Total interest from all sources2012-12-31$15,387
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$58,987
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$56,992
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$8,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$3,203
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$3,203
Other income not declared elsewhere2012-12-31$1,420,883
Total non interest bearing cash at end of year2012-12-31$4,336
Total non interest bearing cash at beginning of year2012-12-31$1,875
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,308,204
Value of net assets at end of year (total assets less liabilities)2012-12-31$23,404,612
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$21,096,408
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$3,096,092
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$2,268,911
Income. Interest from US Government securities2012-12-31$10,893
Income. Interest from corporate debt instruments2012-12-31$4,488
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$578,581
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$134,459
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$134,459
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$6
Asset value of US Government securities at end of year2012-12-31$294,353
Asset value of US Government securities at beginning of year2012-12-31$582,541
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$292,329
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$19,229,210
Assets. Invements in employer securities at beginning of year2012-12-31$18,014,250
Contributions received in cash from employer2012-12-31$510,000
Income. Dividends from common stock2012-12-31$1,995
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$808,555
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$102,025
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$97,575
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$103,218
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$385,460
Aggregate carrying amount (costs) on sale of assets2012-12-31$386,826
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31DENMAN & COMPANY, LLP
Accountancy firm EIN2012-12-31420794029
2011 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$686,600
Total unrealized appreciation/depreciation of assets2011-12-31$686,600
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$3,203
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$2,468,082
Total of all expenses incurred2011-12-31$886,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$883,176
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$512,391
Value of total assets at end of year2011-12-31$21,099,611
Value of total assets at beginning of year2011-12-31$19,514,705
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,203
Total interest from all sources2011-12-31$18,647
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$44,827
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$44,827
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$8,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$3,203
Other income not declared elsewhere2011-12-31$1,302,932
Administrative expenses (other) incurred2011-12-31$3,203
Total non interest bearing cash at end of year2011-12-31$1,875
Total non interest bearing cash at beginning of year2011-12-31$691
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,581,703
Value of net assets at end of year (total assets less liabilities)2011-12-31$21,096,408
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$19,514,705
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$2,268,911
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$2,152,631
Income. Interest from US Government securities2011-12-31$9,930
Income. Interest from corporate debt instruments2011-12-31$4,487
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$134,459
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$567,304
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$567,304
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$4,230
Asset value of US Government securities at end of year2011-12-31$582,541
Asset value of US Government securities at beginning of year2011-12-31$288,143
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-97,315
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$18,014,250
Assets. Invements in employer securities at beginning of year2011-12-31$16,405,200
Contributions received in cash from employer2011-12-31$512,391
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$883,176
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$97,575
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$100,736
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31DENMAN & COMPANY, LLP
Accountancy firm EIN2011-12-31420794029
2010 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$517,300
Total unrealized appreciation/depreciation of assets2010-12-31$517,300
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$2,272,664
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$666,059
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$666,059
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$410,400
Value of total assets at end of year2010-12-31$19,514,705
Value of total assets at beginning of year2010-12-31$17,908,100
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total interest from all sources2010-12-31$12,264
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$34,134
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$34,134
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$8,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Other income not declared elsewhere2010-12-31$1,057,242
Total non interest bearing cash at end of year2010-12-31$691
Total non interest bearing cash at beginning of year2010-12-31$665
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,606,605
Value of net assets at end of year (total assets less liabilities)2010-12-31$19,514,705
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$17,908,100
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$2,152,631
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$1,180,821
Income. Interest from US Government securities2010-12-31$2,497
Income. Interest from corporate debt instruments2010-12-31$3,070
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$567,304
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$655,505
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$655,505
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$6,697
Asset value of US Government securities at end of year2010-12-31$288,143
Asset value of US Government securities at beginning of year2010-12-31$133,075
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$241,324
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$16,405,200
Assets. Invements in employer securities at beginning of year2010-12-31$15,887,900
Contributions received in cash from employer2010-12-31$410,400
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$666,059
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$100,736
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$50,134
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31DENMAN & COMPANY, LLP
Accountancy firm EIN2010-12-31420794029
2009 : FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN

2023: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FIRST CITIZENS FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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