CNB NAMED TOP PERFORMER

for Immediate Release

7/18/2010

‘ICBA 400’ Ranking Credits the Community Bank’s Efficiency

Washington, D.C. (June 14, 2010) – ICBA Independent Banker, the national magazine of the Independent Community Bankers of America (ICBA), highlighted Citizens National Bank of Texas, Waxahachie, TX as an outstanding “ICBA 400” community bank performer.

The magazine recognized Citizens National Bank of Texas for posting one of the best year-end earnings in 2009 for ICBA member community banks with more than $500 million in assets. This year’s “ICBA 400” highlights the 20 top community bank performers based on two standard banking industry efficiency measures, five bank asset categories and two bank tax-status categories. The magazine compiles its annual member rankings in its June issue from year-end FDIC call report data.

Founded in 1868, Citizens National Bank of Texas was identified in the ICBA Independent Banker year-end ranking of ICBA members based on the standard industry performance measures of return on average assets and return on average equity.   “In 2009 we did see some challenging times and we could still experience more, but for 142 years, CNB has made safe and sound decisions that are in the best interests of our customers and our communities,” commented Mark Singleton, president and CEO of Citizens National Bank of Texas.

“We believe that the ability to remain stable is a result of our commitment to reinvest in the communities we serve.   As a community bank, our philosophy is based on the responsibility that funds derived from individual customers and local businesses should be put back into our market area. This reinvestment is manifested in lending for homes, commercial enterprises, or community goodwill programs,” added Singleton.

Karen Tyson, ICBA senior vice president of communication agrees with Singleton.  “Even though 2009 was a very challenging year for the banking industry, community banks like Citizens National Bank of Texas continued to serve the needs of their customers and their communities,” said Tyson.   “The ICBA 400 banks are notable for upholding the everyday common-sense values and responsible business practices for which community banks are best known. This is exactly why community banks are the key to Main Street America’s economic recovery and prosperity.”

ICBA Independent Banker is the flagship magazine published by ICBA. The monthly magazine is the only nationally distributed publication that exclusively covers the community bank marketplace. To see the ICBA 400 Top Performers listing, visit http://www.icba.org/files/ICBASites/PDFs/IBcoverstory0610.pdf.

The Independent Community Bankers of America, the nation’s voice for community banks, represents nearly 5,000 community banks of all sizes and charter types throughout the United States and its dedicated exclusively to representing the interests of the community banking industry and the communities and customers we serve. For more information, visit www.icba.org.