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

CITIZENS NATIONAL BANK EMPLOYEES PENSION PLAN 401k Plan overview

Plan Name	CITIZENS NATIONAL BANK EMPLOYEES PENSION PLAN
Plan identification number	001

CITIZENS NATIONAL BANK EMPLOYEES PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Benefits are primarily flat dollar (includes dollars per year of service)
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).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

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): 314148242

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 EMPLOYEES PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 CONNIE SEARS 2023-10-12
001 2021-01-01 CONNIE SEARS 2022-10-14
001 2020-01-01 CONNIE SEARS 2021-10-15
001 2019-01-01 CONNIE SEARS 2020-09-14
001 2018-01-01 CONNIE SEARS 2019-10-14
001 2017-01-01 CONNIE SEARS 2018-09-21
001 2016-01-01 CONNIE SEARS 2017-06-28
001 2015-01-01 CONNIE SEARS 2016-10-17
001 2014-01-01 CONNIE SEARS 2015-10-13
001 2013-01-01 CONNIE SEARS 2014-10-15
001 2012-01-01 STEVE FOSTER 2013-10-12
001 2011-01-01 THOMAS W. BEARD 2012-10-04
001 2010-01-01 THOMAS W. BEARD 2011-07-29 THOMAS W. BEARD 2011-07-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	CONNIE SEARS	2023-10-12
001	2021-01-01	CONNIE SEARS	2022-10-14
001	2020-01-01	CONNIE SEARS	2021-10-15
001	2019-01-01	CONNIE SEARS	2020-09-14
001	2018-01-01	CONNIE SEARS	2019-10-14
001	2017-01-01	CONNIE SEARS	2018-09-21
001	2016-01-01	CONNIE SEARS	2017-06-28
001	2015-01-01	CONNIE SEARS	2016-10-17
001	2014-01-01	CONNIE SEARS	2015-10-13
001	2013-01-01	CONNIE SEARS	2014-10-15
001	2012-01-01	STEVE FOSTER	2013-10-12
001	2011-01-01	THOMAS W. BEARD	2012-10-04
001	2010-01-01	THOMAS W. BEARD	2011-07-29	THOMAS W. BEARD	2011-07-29

Plan Statistics for CITIZENS NATIONAL BANK EMPLOYEES PENSION PLAN

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

Measure Date Value
2022: CITIZENS NATIONAL BANK EMPLOYEES PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 877,290
Acturial value of plan assets 2022-12-31 877,290
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 379,815
Number of terminated vested participants 2022-12-31 30
Fundng target for terminated vested participants 2022-12-31 443,537
Active participant vested funding target 2022-12-31 0
Number of active participants 2022-12-31 0
Total funding liabilities for active participants 2022-12-31 0
Total participant count 2022-12-31 48
Total funding target for all participants 2022-12-31 823,352
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
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 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 25,445
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 26,842
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 0
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 27,857
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 26,124
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 26,124
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 EMPLOYEES PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 811,695
Acturial value of plan assets 2021-12-31 811,695
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 386,813
Number of terminated vested participants 2021-12-31 31
Fundng target for terminated vested participants 2021-12-31 409,858
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 0
Total funding liabilities for active participants 2021-12-31 0
Total participant count 2021-12-31 49
Total funding target for all participants 2021-12-31 796,671
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 12,740
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 13,411
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 0
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 26,635
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 25,445
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 25,445
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 EMPLOYEES PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 804,089
Acturial value of plan assets 2020-12-31 804,089
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 418,003
Number of terminated vested participants 2020-12-31 31
Fundng target for terminated vested participants 2020-12-31 403,498
Active participant vested funding target 2020-12-31 0
Number of active participants 2020-12-31 0
Total funding liabilities for active participants 2020-12-31 0
Total participant count 2020-12-31 49
Total funding target for all participants 2020-12-31 821,501
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
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 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 19,326
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 20,375
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 0
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 27,454
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 25,317
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 17,412
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 12,577
Additional cash requirement 2020-12-31 12,577
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 25,317
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 EMPLOYEES PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 735,013
Acturial value of plan assets 2019-12-31 735,013
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 452,818
Number of terminated vested participants 2019-12-31 31
Fundng target for terminated vested participants 2019-12-31 374,489
Active participant vested funding target 2019-12-31 0
Number of active participants 2019-12-31 0
Total funding liabilities for active participants 2019-12-31 0
Total participant count 2019-12-31 50
Total funding target for all participants 2019-12-31 827,307
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 12,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 13,519
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 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 30,036
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 28,475
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 92,294
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 9,149
Additional cash requirement 2019-12-31 9,149
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 28,475
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 EMPLOYEES PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 791,576
Acturial value of plan assets 2018-12-31 791,576
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 459,146
Number of terminated vested participants 2018-12-31 32
Fundng target for terminated vested participants 2018-12-31 389,424
Active participant vested funding target 2018-12-31 0
Number of active participants 2018-12-31 0
Total funding liabilities for active participants 2018-12-31 0
Total participant count 2018-12-31 51
Total funding target for all participants 2018-12-31 848,570
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 9,239
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 9,775
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 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 36,393
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 34,310
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 56,994
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 21,509
Additional cash requirement 2018-12-31 21,509
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 34,310
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 EMPLOYEES PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 738,956
Acturial value of plan assets 2017-12-31 738,956
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 474,309
Number of terminated vested participants 2017-12-31 32
Fundng target for terminated vested participants 2017-12-31 345,774
Active participant vested funding target 2017-12-31 0
Number of active participants 2017-12-31 0
Total funding liabilities for active participants 2017-12-31 0
Total participant count 2017-12-31 52
Total funding target for all participants 2017-12-31 820,083
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 21,628
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 22,926
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 36,786
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 35,845
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 81,127
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 26,606
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 26,606
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 35,845
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 EMPLOYEES PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 701,426
Acturial value of plan assets 2016-12-31 701,426
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 483,486
Number of terminated vested participants 2016-12-31 32
Fundng target for terminated vested participants 2016-12-31 317,091
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 0
Total funding liabilities for active participants 2016-12-31 0
Total participant count 2016-12-31 52
Total funding target for all participants 2016-12-31 800,577
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 2,533
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 2,690
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 37,472
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 36,867
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 99,151
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 15,239
Additional cash requirement 2016-12-31 15,239
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 36,867
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 EMPLOYEES PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	877,290
Acturial value of plan assets	2022-12-31	877,290
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	379,815
Number of terminated vested participants	2022-12-31	30
Fundng target for terminated vested participants	2022-12-31	443,537
Active participant vested funding target	2022-12-31	0
Number of active participants	2022-12-31	0
Total funding liabilities for active participants	2022-12-31	0
Total participant count	2022-12-31	48
Total funding target for all participants	2022-12-31	823,352
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
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	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	25,445
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	26,842
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	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	27,857
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	26,124
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	26,124
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 EMPLOYEES PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	811,695
Acturial value of plan assets	2021-12-31	811,695
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	386,813
Number of terminated vested participants	2021-12-31	31
Fundng target for terminated vested participants	2021-12-31	409,858
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	0
Total funding liabilities for active participants	2021-12-31	0
Total participant count	2021-12-31	49
Total funding target for all participants	2021-12-31	796,671
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	12,740
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	13,411
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	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	26,635
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	25,445
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	25,445
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 EMPLOYEES PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	804,089
Acturial value of plan assets	2020-12-31	804,089
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	418,003
Number of terminated vested participants	2020-12-31	31
Fundng target for terminated vested participants	2020-12-31	403,498
Active participant vested funding target	2020-12-31	0
Number of active participants	2020-12-31	0
Total funding liabilities for active participants	2020-12-31	0
Total participant count	2020-12-31	49
Total funding target for all participants	2020-12-31	821,501
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
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	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	19,326
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	20,375
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	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	27,454
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	25,317
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	17,412
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	12,577
Additional cash requirement	2020-12-31	12,577
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	25,317
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 EMPLOYEES PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	735,013
Acturial value of plan assets	2019-12-31	735,013
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	452,818
Number of terminated vested participants	2019-12-31	31
Fundng target for terminated vested participants	2019-12-31	374,489
Active participant vested funding target	2019-12-31	0
Number of active participants	2019-12-31	0
Total funding liabilities for active participants	2019-12-31	0
Total participant count	2019-12-31	50
Total funding target for all participants	2019-12-31	827,307
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	12,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	13,519
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	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	30,036
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	28,475
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	92,294
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	9,149
Additional cash requirement	2019-12-31	9,149
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	28,475
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 EMPLOYEES PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	791,576
Acturial value of plan assets	2018-12-31	791,576
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	459,146
Number of terminated vested participants	2018-12-31	32
Fundng target for terminated vested participants	2018-12-31	389,424
Active participant vested funding target	2018-12-31	0
Number of active participants	2018-12-31	0
Total funding liabilities for active participants	2018-12-31	0
Total participant count	2018-12-31	51
Total funding target for all participants	2018-12-31	848,570
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	9,239
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	9,775
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	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	36,393
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	34,310
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	56,994
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	21,509
Additional cash requirement	2018-12-31	21,509
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	34,310
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 EMPLOYEES PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	738,956
Acturial value of plan assets	2017-12-31	738,956
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	474,309
Number of terminated vested participants	2017-12-31	32
Fundng target for terminated vested participants	2017-12-31	345,774
Active participant vested funding target	2017-12-31	0
Number of active participants	2017-12-31	0
Total funding liabilities for active participants	2017-12-31	0
Total participant count	2017-12-31	52
Total funding target for all participants	2017-12-31	820,083
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	21,628
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	22,926
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	36,786
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	35,845
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	81,127
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	26,606
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	26,606
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	35,845
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 EMPLOYEES PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	701,426
Acturial value of plan assets	2016-12-31	701,426
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	483,486
Number of terminated vested participants	2016-12-31	32
Fundng target for terminated vested participants	2016-12-31	317,091
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	0
Total funding liabilities for active participants	2016-12-31	0
Total participant count	2016-12-31	52
Total funding target for all participants	2016-12-31	800,577
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	2,533
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	2,690
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	37,472
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	36,867
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	99,151
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	15,239
Additional cash requirement	2016-12-31	15,239
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	36,867
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):	314148242
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