CITIZENS BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CITIZENS BANK DEFINED BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2021: CITIZENS BANK DEFINED BENEFIT PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-01 | 5,786,082 |
| Acturial value of plan assets | 2021-12-01 | 5,786,082 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-01 | 1,003,919 |
| Number of terminated vested participants | 2021-12-01 | 10 |
| Fundng target for terminated vested participants | 2021-12-01 | 72,461 |
| Active participant vested funding target | 2021-12-01 | 3,207,940 |
| Number of active participants | 2021-12-01 | 47 |
| Total funding liabilities for active participants | 2021-12-01 | 3,210,616 |
| Total participant count | 2021-12-01 | 67 |
| Total funding target for all participants | 2021-12-01 | 4,286,996 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-01 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-01 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-01 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-01 | 0 |
| Amount remaining of carryover balance | 2021-12-01 | 0 |
| Amount remaining of prefunding balance | 2021-12-01 | 0 |
| Present value of excess contributions | 2021-12-01 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-01 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-01 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-01 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-01 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-01 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-01 | 0 |
| Total employer contributions | 2021-12-01 | 507,355 |
| Total employee contributions | 2021-12-01 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-01 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-01 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-01 | 486,660 |
| Unpaid minimum required contributions for all prior years | 2021-12-01 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-01 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-01 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-01 | 0 |
| Net shortfall amortization installment of oustanding balance | 2021-12-01 | 0 |
| Waiver amortization installment | 2021-12-01 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-01 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-12-01 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-12-01 | 0 |
| Additional cash requirement | 2021-12-01 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-01 | 486,660 |
| Unpaid minimum required contributions for current year | 2021-12-01 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-01 | 0 |
| 2020: CITIZENS BANK DEFINED BENEFIT PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 8,514,470 |
| Acturial value of plan assets | 2020-12-31 | 8,514,470 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 1,006,827 |
| Number of terminated vested participants | 2020-12-31 | 15 |
| Fundng target for terminated vested participants | 2020-12-31 | 777,295 |
| Active participant vested funding target | 2020-12-31 | 4,412,824 |
| Number of active participants | 2020-12-31 | 50 |
| Total funding liabilities for active participants | 2020-12-31 | 4,415,102 |
| Total participant count | 2020-12-31 | 75 |
| Total funding target for all participants | 2020-12-31 | 6,199,224 |
| 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 | 952,844 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 1,006,584 |
| 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 | 0 |
| 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 | 0 |
| 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 | 0 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| 2019: CITIZENS BANK DEFINED BENEFIT PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 9,138,144 |
| Acturial value of plan assets | 2019-12-31 | 9,138,144 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 1,025,833 |
| Number of terminated vested participants | 2019-12-31 | 19 |
| Fundng target for terminated vested participants | 2019-12-31 | 824,777 |
| Active participant vested funding target | 2019-12-31 | 5,554,490 |
| Number of active participants | 2019-12-31 | 52 |
| Total funding liabilities for active participants | 2019-12-31 | 5,556,551 |
| Total participant count | 2019-12-31 | 81 |
| Total funding target for all participants | 2019-12-31 | 7,407,161 |
| 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 |
| 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 | 0 |
| 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 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
| Total employer contributions | 2019-12-31 | 956,000 |
| 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 | 952,844 |
| 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 | 0 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
| 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 | 952,844 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| 2018: CITIZENS BANK DEFINED BENEFIT PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 9,490,366 |
| Acturial value of plan assets | 2018-12-31 | 9,490,366 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 1,044,702 |
| Number of terminated vested participants | 2018-12-31 | 21 |
| Fundng target for terminated vested participants | 2018-12-31 | 939,448 |
| Active participant vested funding target | 2018-12-31 | 5,128,927 |
| Number of active participants | 2018-12-31 | 54 |
| Total funding liabilities for active participants | 2018-12-31 | 5,130,780 |
| Total participant count | 2018-12-31 | 85 |
| Total funding target for all participants | 2018-12-31 | 7,114,930 |
| 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 | 1,521,409 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 1,613,302 |
| 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 | 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 BANK DEFINED BENEFIT PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 7,816,968 |
| Acturial value of plan assets | 2017-12-31 | 7,816,968 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 966,154 |
| Number of terminated vested participants | 2017-12-31 | 19 |
| Fundng target for terminated vested participants | 2017-12-31 | 657,926 |
| Active participant vested funding target | 2017-12-31 | 4,867,991 |
| Number of active participants | 2017-12-31 | 60 |
| Total funding liabilities for active participants | 2017-12-31 | 4,867,991 |
| Total participant count | 2017-12-31 | 88 |
| Total funding target for all participants | 2017-12-31 | 6,492,071 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 382,645 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 3,072,162 |
| 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 | 382,645 |
| Amount remaining of prefunding balance | 2017-12-31 | 3,072,162 |
| 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 |
| 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 | 396,458 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 3,183,067 |
| 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 | 1,600,000 |
| 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 | 1,521,409 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 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 |
| Waiver amortization installment | 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 | 1,521,409 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| 2016: CITIZENS BANK DEFINED BENEFIT PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 7,670,608 |
| Acturial value of plan assets | 2016-12-31 | 7,670,608 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 817,458 |
| Number of terminated vested participants | 2016-12-31 | 20 |
| Fundng target for terminated vested participants | 2016-12-31 | 509,522 |
| Active participant vested funding target | 2016-12-31 | 4,669,304 |
| Number of active participants | 2016-12-31 | 63 |
| Total funding liabilities for active participants | 2016-12-31 | 4,669,304 |
| Total participant count | 2016-12-31 | 89 |
| Total funding target for all participants | 2016-12-31 | 5,996,284 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 374,115 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 1,976,005 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
| Amount remaining of carryover balance | 2016-12-31 | 374,115 |
| Amount remaining of prefunding balance | 2016-12-31 | 1,976,005 |
| Present value of excess contributions | 2016-12-31 | 987,601 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 1,051,104 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 1,051,104 |
| 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 | 382,645 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 3,072,162 |
| 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 |
| Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 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 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 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 |
| 2013: CITIZENS BANK DEFINED BENEFIT PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-01-01 | 102 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 72 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 2 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 21 |
| Total of all active and inactive participants | 2013-01-01 | 95 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
| Total participants | 2013-01-01 | 95 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 1 |
| 2012: CITIZENS BANK DEFINED BENEFIT PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-01-01 | 104 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 78 |
| Number of retired or separated participants receiving benefits | 2012-01-01 | 2 |
| Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 22 |
| Total of all active and inactive participants | 2012-01-01 | 102 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 0 |
| Total participants | 2012-01-01 | 102 |
| 2011: CITIZENS BANK DEFINED BENEFIT PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 113 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 87 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 16 |
| Total of all active and inactive participants | 2011-01-01 | 104 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
| Total participants | 2011-01-01 | 104 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 3 |
| 2009: CITIZENS BANK DEFINED BENEFIT PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 127 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 109 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 14 |
| Total of all active and inactive participants | 2009-01-01 | 124 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 124 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 1 |
| Measure | Date | Value |
|---|
| 2013 : CITIZENS BANK DEFINED BENEFIT PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $19,315 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $19,315 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $320,411 |
| Total loss/gain on sale of assets | 2013-12-31 | $-33,055 |
| Total of all expenses incurred | 2013-12-31 | $361,021 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $350,391 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $0 |
| Value of total assets at end of year | 2013-12-31 | $8,580,374 |
| Value of total assets at beginning of year | 2013-12-31 | $8,620,984 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $10,630 |
| Total interest from all sources | 2013-12-31 | $151,195 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $182,956 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $165,249 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Administrative expenses (other) incurred | 2013-12-31 | $-123 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $-40,610 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $8,580,374 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $8,620,984 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $3,541,998 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $4,823,335 |
| Interest earned on other investments | 2013-12-31 | $151,034 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $703,149 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $950 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $950 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $161 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $3,936,980 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $3,796,699 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $0 |
| Income. Dividends from common stock | 2013-12-31 | $17,707 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $350,391 |
| Contract administrator fees | 2013-12-31 | $10,753 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $398,247 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $0 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $8,284,552 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $8,317,607 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | REILLY, PENNER & BENTON, LLP |
| Accountancy firm EIN | 2013-12-31 | 390747409 |
| 2012 : CITIZENS BANK DEFINED BENEFIT PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $-75,233 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $-75,233 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $573,289 |
| Total loss/gain on sale of assets | 2012-12-31 | $343,710 |
| Total of all expenses incurred | 2012-12-31 | $29,225 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $8,919 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
| Value of total assets at end of year | 2012-12-31 | $8,620,984 |
| Value of total assets at beginning of year | 2012-12-31 | $8,076,920 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $20,306 |
| Total interest from all sources | 2012-12-31 | $152,142 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $152,670 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $152,670 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Administrative expenses (other) incurred | 2012-12-31 | $5 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $544,064 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $8,620,984 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $8,076,920 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $9,860 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $4,823,335 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $4,412,052 |
| Interest earned on other investments | 2012-12-31 | $152,130 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $950 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $9,858 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $9,858 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $12 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $3,796,699 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $3,655,010 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $8,919 |
| Contract administrator fees | 2012-12-31 | $10,441 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $4,744,239 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $4,400,529 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | REILLY, PENNER & BENTON LLP |
| Accountancy firm EIN | 2012-12-31 | 390747409 |
| 2011 : CITIZENS BANK DEFINED BENEFIT PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-64,428 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-64,428 |
| Total transfer of assets to this plan | 2011-12-31 | $0 |
| Total transfer of assets from this plan | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $308,863 |
| Total loss/gain on sale of assets | 2011-12-31 | $36,406 |
| Total of all expenses incurred | 2011-12-31 | $763,130 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $737,238 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $0 |
| Value of total assets at end of year | 2011-12-31 | $8,076,920 |
| Value of total assets at beginning of year | 2011-12-31 | $8,531,187 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $25,892 |
| Total interest from all sources | 2011-12-31 | $164,206 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $172,679 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $172,679 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-454,267 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $8,076,920 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $8,531,187 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $25,892 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $4,412,052 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $4,549,938 |
| Interest earned on other investments | 2011-12-31 | $163,917 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $9,858 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $192,876 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $192,876 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $289 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $3,655,010 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $3,788,373 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $737,238 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $763,129 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $726,723 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | REILLY, PENNER & BENTON LLP |
| Accountancy firm EIN | 2011-12-31 | 390747409 |
| 2010 : CITIZENS BANK DEFINED BENEFIT PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $95,515 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $95,515 |
| 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 | $533,076 |
| Total loss/gain on sale of assets | 2010-12-31 | $86,796 |
| Total of all expenses incurred | 2010-12-31 | $252,741 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $242,352 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $0 |
| Value of total assets at end of year | 2010-12-31 | $8,531,187 |
| Value of total assets at beginning of year | 2010-12-31 | $8,250,852 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $10,389 |
| Total interest from all sources | 2010-12-31 | $169,487 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $181,278 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $181,278 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $280,335 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $8,531,187 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $8,250,852 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $10,389 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $4,549,938 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $4,186,349 |
| Interest earned on other investments | 2010-12-31 | $167,213 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $192,876 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $432,954 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $432,954 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $2,274 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $3,788,373 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $3,631,549 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $242,352 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Aggregate proceeds on sale of assets | 2010-12-31 | $1,027,741 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $940,945 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | REILLY, PENNER & BENTON LLP |
| Accountancy firm EIN | 2010-12-31 | 390747409 |
| 2009 : CITIZENS BANK DEFINED BENEFIT PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
