401k Plan data: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT plan

CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 401k Plan overview

Plan Name	CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT
Plan identification number	001

CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021). Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

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

Company Name: CITIZENS NATIONAL BANK

Employer identification number (EIN): 610156616

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about CITIZENS NATIONAL BANK

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1900-07-02

Company Identification Number: 0000548402

Legal Registered Office Address: 118 SOUTH HOUSTON

CAMERON
United States of America (USA)
76520

More information about CITIZENS NATIONAL BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 LISA COMPTON 2023-03-21
001 2021-01-01 LISA COMPTON 2022-08-09
001 2020-01-01 LISA COMPTON 2021-07-13
001 2019-01-01 LISA COMPTON 2020-07-02
001 2018-01-01 LISA COMPTON 2019-07-29
001 2017-01-01 LISA COMPTON 2018-06-06
001 2016-01-01 LISA COMPTON 2017-06-13
001 2015-01-01 LISA COMPTON 2016-07-20
001 2014-01-01 LISA COMPTON 2016-07-28
001 2014-01-01 LISA COMPTON 2015-07-15
001 2013-01-01 LISA COMPTON 2014-07-28
001 2012-01-01 LISA COMPTON 2013-07-26
001 2011-01-01 LISA COMPTON 2012-07-13
001 2010-01-01 LISA COMPTON 2011-07-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	LISA COMPTON	2023-03-21
001	2021-01-01	LISA COMPTON	2022-08-09
001	2020-01-01	LISA COMPTON	2021-07-13
001	2019-01-01	LISA COMPTON	2020-07-02
001	2018-01-01	LISA COMPTON	2019-07-29
001	2017-01-01	LISA COMPTON	2018-06-06
001	2016-01-01	LISA COMPTON	2017-06-13
001	2015-01-01	LISA COMPTON	2016-07-20
001	2014-01-01	LISA COMPTON	2016-07-28
001	2014-01-01	LISA COMPTON	2015-07-15
001	2013-01-01	LISA COMPTON	2014-07-28
001	2012-01-01	LISA COMPTON	2013-07-26
001	2011-01-01	LISA COMPTON	2012-07-13
001	2010-01-01	LISA COMPTON	2011-07-14

Plan Statistics for CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT

401k plan membership statisitcs for CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT

Measure Date Value
2022: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2022 401k membership
Market value of plan assets 2022-12-31 1,356,197
Acturial value of plan assets 2022-12-31 1,356,197
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 64,664
Number of terminated vested participants 2022-12-31 13
Fundng target for terminated vested participants 2022-12-31 285,728
Active participant vested funding target 2022-12-31 728,323
Number of active participants 2022-12-31 32
Total funding liabilities for active participants 2022-12-31 728,323
Total participant count 2022-12-31 47
Total funding target for all participants 2022-12-31 1,078,715
Balance at beginning of prior year after applicable adjustments 2022-12-31 1,120
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 1,120
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 1,337
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 357,770
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 341,614
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 341,614
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2021 401k membership
Market value of plan assets 2021-12-31 3,332,254
Acturial value of plan assets 2021-12-31 3,332,254
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 35,112
Number of terminated vested participants 2021-12-31 13
Fundng target for terminated vested participants 2021-12-31 357,947
Active participant vested funding target 2021-12-31 2,230,874
Number of active participants 2021-12-31 36
Total funding liabilities for active participants 2021-12-31 2,230,874
Total participant count 2021-12-31 51
Total funding target for all participants 2021-12-31 2,623,933
Balance at beginning of prior year after applicable adjustments 2021-12-31 1,025
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 1,025
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 101,947
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 107,513
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 1,120
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 0
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2020 401k membership
Market value of plan assets 2020-12-31 3,041,327
Acturial value of plan assets 2020-12-31 3,041,327
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 35,049
Number of terminated vested participants 2020-12-31 15
Fundng target for terminated vested participants 2020-12-31 380,893
Active participant vested funding target 2020-12-31 2,067,555
Number of active participants 2020-12-31 37
Total funding liabilities for active participants 2020-12-31 2,067,555
Total participant count 2020-12-31 54
Total funding target for all participants 2020-12-31 2,483,497
Balance at beginning of prior year after applicable adjustments 2020-12-31 11,106
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 10,321
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 785
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 1,025
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 110,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 101,947
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 101,947
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2019 401k membership
Market value of plan assets 2019-12-31 2,405,008
Acturial value of plan assets 2019-12-31 2,405,008
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 57,213
Number of terminated vested participants 2019-12-31 15
Fundng target for terminated vested participants 2019-12-31 402,948
Active participant vested funding target 2019-12-31 1,893,713
Number of active participants 2019-12-31 38
Total funding liabilities for active participants 2019-12-31 1,997,260
Total participant count 2019-12-31 56
Total funding target for all participants 2019-12-31 2,457,421
Balance at beginning of prior year after applicable adjustments 2019-12-31 12,819
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 12,819
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 11,106
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 0
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 0
Net shortfall amortization installment of oustanding balance 2019-12-31 63,519
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 10,321
Carryover balance elected to use to offset funding requirement 2019-12-31 10,321
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2018 401k membership
Market value of plan assets 2018-12-31 3,113,746
Acturial value of plan assets 2018-12-31 3,113,746
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 59,263
Number of terminated vested participants 2018-12-31 16
Fundng target for terminated vested participants 2018-12-31 470,594
Active participant vested funding target 2018-12-31 1,893,713
Number of active participants 2018-12-31 41
Total funding liabilities for active participants 2018-12-31 1,893,713
Total participant count 2018-12-31 60
Total funding target for all participants 2018-12-31 2,423,570
Balance at beginning of prior year after applicable adjustments 2018-12-31 11,236
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 11,236
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 12,819
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 0
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2017 401k membership
Market value of plan assets 2017-12-31 2,786,041
Acturial value of plan assets 2017-12-31 2,786,041
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 70,452
Number of terminated vested participants 2017-12-31 16
Fundng target for terminated vested participants 2017-12-31 366,446
Active participant vested funding target 2017-12-31 1,806,610
Number of active participants 2017-12-31 43
Total funding liabilities for active participants 2017-12-31 1,806,610
Total participant count 2017-12-31 63
Total funding target for all participants 2017-12-31 2,243,508
Balance at beginning of prior year after applicable adjustments 2017-12-31 10,224
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 10,224
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 11,236
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 0
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2016 401k membership
Market value of plan assets 2016-12-31 2,799,153
Acturial value of plan assets 2016-12-31 2,799,153
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 51,064
Number of terminated vested participants 2016-12-31 16
Fundng target for terminated vested participants 2016-12-31 363,049
Active participant vested funding target 2016-12-31 1,856,945
Number of active participants 2016-12-31 55
Total funding liabilities for active participants 2016-12-31 1,856,945
Total participant count 2016-12-31 74
Total funding target for all participants 2016-12-31 2,271,058
Balance at beginning of prior year after applicable adjustments 2016-12-31 10,447
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 10,447
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 10,224
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2022 401k membership
Market value of plan assets	2022-12-31	1,356,197
Acturial value of plan assets	2022-12-31	1,356,197
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	64,664
Number of terminated vested participants	2022-12-31	13
Fundng target for terminated vested participants	2022-12-31	285,728
Active participant vested funding target	2022-12-31	728,323
Number of active participants	2022-12-31	32
Total funding liabilities for active participants	2022-12-31	728,323
Total participant count	2022-12-31	47
Total funding target for all participants	2022-12-31	1,078,715
Balance at beginning of prior year after applicable adjustments	2022-12-31	1,120
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	1,120
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	1,337
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	357,770
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	341,614
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	341,614
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2021 401k membership
Market value of plan assets	2021-12-31	3,332,254
Acturial value of plan assets	2021-12-31	3,332,254
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	35,112
Number of terminated vested participants	2021-12-31	13
Fundng target for terminated vested participants	2021-12-31	357,947
Active participant vested funding target	2021-12-31	2,230,874
Number of active participants	2021-12-31	36
Total funding liabilities for active participants	2021-12-31	2,230,874
Total participant count	2021-12-31	51
Total funding target for all participants	2021-12-31	2,623,933
Balance at beginning of prior year after applicable adjustments	2021-12-31	1,025
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	1,025
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	101,947
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	107,513
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	1,120
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	0
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2020 401k membership
Market value of plan assets	2020-12-31	3,041,327
Acturial value of plan assets	2020-12-31	3,041,327
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	35,049
Number of terminated vested participants	2020-12-31	15
Fundng target for terminated vested participants	2020-12-31	380,893
Active participant vested funding target	2020-12-31	2,067,555
Number of active participants	2020-12-31	37
Total funding liabilities for active participants	2020-12-31	2,067,555
Total participant count	2020-12-31	54
Total funding target for all participants	2020-12-31	2,483,497
Balance at beginning of prior year after applicable adjustments	2020-12-31	11,106
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	10,321
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	785
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	1,025
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	110,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	101,947
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	101,947
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2019 401k membership
Market value of plan assets	2019-12-31	2,405,008
Acturial value of plan assets	2019-12-31	2,405,008
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	57,213
Number of terminated vested participants	2019-12-31	15
Fundng target for terminated vested participants	2019-12-31	402,948
Active participant vested funding target	2019-12-31	1,893,713
Number of active participants	2019-12-31	38
Total funding liabilities for active participants	2019-12-31	1,997,260
Total participant count	2019-12-31	56
Total funding target for all participants	2019-12-31	2,457,421
Balance at beginning of prior year after applicable adjustments	2019-12-31	12,819
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	12,819
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	11,106
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	0
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	0
Net shortfall amortization installment of oustanding balance	2019-12-31	63,519
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	10,321
Carryover balance elected to use to offset funding requirement	2019-12-31	10,321
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2018 401k membership
Market value of plan assets	2018-12-31	3,113,746
Acturial value of plan assets	2018-12-31	3,113,746
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	59,263
Number of terminated vested participants	2018-12-31	16
Fundng target for terminated vested participants	2018-12-31	470,594
Active participant vested funding target	2018-12-31	1,893,713
Number of active participants	2018-12-31	41
Total funding liabilities for active participants	2018-12-31	1,893,713
Total participant count	2018-12-31	60
Total funding target for all participants	2018-12-31	2,423,570
Balance at beginning of prior year after applicable adjustments	2018-12-31	11,236
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	11,236
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	12,819
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2017 401k membership
Market value of plan assets	2017-12-31	2,786,041
Acturial value of plan assets	2017-12-31	2,786,041
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	70,452
Number of terminated vested participants	2017-12-31	16
Fundng target for terminated vested participants	2017-12-31	366,446
Active participant vested funding target	2017-12-31	1,806,610
Number of active participants	2017-12-31	43
Total funding liabilities for active participants	2017-12-31	1,806,610
Total participant count	2017-12-31	63
Total funding target for all participants	2017-12-31	2,243,508
Balance at beginning of prior year after applicable adjustments	2017-12-31	10,224
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	10,224
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	11,236
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	0
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: CITIZENS NATIONAL BANK OF SOMERSET RETIREMENT PLAN AND TRUST AGREEMENT 2016 401k membership
Market value of plan assets	2016-12-31	2,799,153
Acturial value of plan assets	2016-12-31	2,799,153
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	51,064
Number of terminated vested participants	2016-12-31	16
Fundng target for terminated vested participants	2016-12-31	363,049
Active participant vested funding target	2016-12-31	1,856,945
Number of active participants	2016-12-31	55
Total funding liabilities for active participants	2016-12-31	1,856,945
Total participant count	2016-12-31	74
Total funding target for all participants	2016-12-31	2,271,058
Balance at beginning of prior year after applicable adjustments	2016-12-31	10,447
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	10,447
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	10,224
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	CITIZENS NATIONAL BANK
Employer identification number (EIN):	610156616
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1900-07-02
Company Identification Number:	0000548402
Legal Registered Office Address:	118 SOUTH HOUSTON CAMERON United States of America (USA) 76520