CITIZENS BANCSHARES COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2021 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $6,033,009 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,211,102 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,210,752 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,371,408 |
| Value of total assets at end of year | 2021-12-31 | $38,125,312 |
| Value of total assets at beginning of year | 2021-12-31 | $33,303,405 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $350 |
| Total interest from all sources | 2021-12-31 | $16,436 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,748,191 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $1,748,191 |
| Was this plan covered by a fidelity bond | 2021-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $938,124 |
| Participant contributions at end of year | 2021-12-31 | $188,190 |
| Participant contributions at beginning of year | 2021-12-31 | $368,826 |
| Participant contributions at end of year | 2021-12-31 | $34,723 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,276 |
| Administrative expenses (other) incurred | 2021-12-31 | $350 |
| Total non interest bearing cash at end of year | 2021-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $57,860 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $4,821,907 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $38,125,312 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $33,303,405 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $34,816,214 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $31,642,750 |
| Interest on participant loans | 2021-12-31 | $16,085 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $1,185,103 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1,884,798 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $1,233,969 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $1,233,969 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $351 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,896,562 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $412 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $432,008 |
| Employer contributions (assets) at end of year | 2021-12-31 | $16,284 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,210,752 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | Yes |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
| 2020 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $5,587,637 |
| Total loss/gain on sale of assets | 2020-12-31 | $18,302 |
| Total of all expenses incurred | 2020-12-31 | $1,120,657 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,120,657 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,472,395 |
| Value of total assets at end of year | 2020-12-31 | $33,303,405 |
| Value of total assets at beginning of year | 2020-12-31 | $28,836,425 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $27,744 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $846,654 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $846,654 |
| Was this plan covered by a fidelity bond | 2020-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $994,430 |
| Participant contributions at end of year | 2020-12-31 | $368,826 |
| Participant contributions at beginning of year | 2020-12-31 | $418,309 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $4,623 |
| Other income not declared elsewhere | 2020-12-31 | $5,577 |
| Total non interest bearing cash at end of year | 2020-12-31 | $57,860 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $4,466,980 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $33,303,405 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $28,836,425 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $31,642,750 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $27,651,383 |
| Interest on participant loans | 2020-12-31 | $24,184 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $1,233,969 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $766,733 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $766,733 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $3,560 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $3,216,965 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $473,342 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,120,657 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $4,871,737 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $4,853,435 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2020-12-31 | 410746749 |
| 2019 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $534,103 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $6,757,241 |
| Total loss/gain on sale of assets | 2019-12-31 | $927,876 |
| Total of all expenses incurred | 2019-12-31 | $1,460,997 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,460,996 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,551,759 |
| Value of total assets at end of year | 2019-12-31 | $28,836,425 |
| Value of total assets at beginning of year | 2019-12-31 | $23,006,078 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1 |
| Total interest from all sources | 2019-12-31 | $40,186 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $590,465 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $590,465 |
| Was this plan covered by a fidelity bond | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $900,663 |
| Participant contributions at end of year | 2019-12-31 | $418,309 |
| Participant contributions at beginning of year | 2019-12-31 | $446,108 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $214,158 |
| Other income not declared elsewhere | 2019-12-31 | $637 |
| Administrative expenses (other) incurred | 2019-12-31 | $1 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $6,067 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $5,296,244 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $28,836,425 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $23,006,078 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $27,651,383 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $21,557,860 |
| Interest on participant loans | 2019-12-31 | $24,657 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $766,733 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $996,043 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $996,043 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $15,529 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $3,646,318 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $436,938 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,460,996 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $10,435,024 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $9,507,148 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2019-12-31 | 410746749 |
| 2018 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $419,897 |
| Total loss/gain on sale of assets | 2018-12-31 | $-232,097 |
| Total of all expenses incurred | 2018-12-31 | $367,445 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $367,426 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,529,296 |
| Value of total assets at end of year | 2018-12-31 | $23,006,078 |
| Value of total assets at beginning of year | 2018-12-31 | $22,953,626 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $19 |
| Total interest from all sources | 2018-12-31 | $32,001 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $967,118 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $967,118 |
| Was this plan covered by a fidelity bond | 2018-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $823,203 |
| Participant contributions at end of year | 2018-12-31 | $446,108 |
| Participant contributions at beginning of year | 2018-12-31 | $442,025 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $284,311 |
| Administrative expenses (other) incurred | 2018-12-31 | $19 |
| Total non interest bearing cash at end of year | 2018-12-31 | $6,067 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $12,670 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $52,452 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $23,006,078 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $22,953,626 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $21,557,860 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $21,568,761 |
| Interest on participant loans | 2018-12-31 | $22,850 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $996,043 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $930,170 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $930,170 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $9,151 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-1,876,421 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $421,782 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $367,426 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Aggregate proceeds on sale of assets | 2018-12-31 | $6,703,607 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $6,935,704 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2018-12-31 | 410746749 |
| 2017 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $4,692,860 |
| Total loss/gain on sale of assets | 2017-12-31 | $461,641 |
| Total of all expenses incurred | 2017-12-31 | $1,968,563 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,968,545 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,535,425 |
| Value of total assets at end of year | 2017-12-31 | $22,953,626 |
| Value of total assets at beginning of year | 2017-12-31 | $20,229,329 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $18 |
| Total interest from all sources | 2017-12-31 | $24,982 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $710,714 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $710,714 |
| Was this plan covered by a fidelity bond | 2017-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $213,180 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $827,320 |
| Participant contributions at end of year | 2017-12-31 | $442,025 |
| Participant contributions at beginning of year | 2017-12-31 | $462,166 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $283,388 |
| Administrative expenses (other) incurred | 2017-12-31 | $18 |
| Total non interest bearing cash at end of year | 2017-12-31 | $12,670 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $2,724,297 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $22,953,626 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $20,229,329 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $21,568,761 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $17,500,692 |
| Interest on participant loans | 2017-12-31 | $21,368 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $930,170 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $591,961 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $591,961 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $3,614 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,960,098 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $1,674,510 |
| Contributions received in cash from employer | 2017-12-31 | $424,717 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,968,545 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $6,526,481 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $6,064,840 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2017-12-31 | 440615592 |
| 2016 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $223,268 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $223,268 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $1,606 |
| Total income from all sources (including contributions) | 2016-12-31 | $2,748,996 |
| Total loss/gain on sale of assets | 2016-12-31 | $229,261 |
| Total of all expenses incurred | 2016-12-31 | $457,756 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $457,682 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,187,115 |
| Value of total assets at end of year | 2016-12-31 | $20,229,329 |
| Value of total assets at beginning of year | 2016-12-31 | $17,939,695 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $74 |
| Total interest from all sources | 2016-12-31 | $22,194 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $424,207 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $424,207 |
| Was this plan covered by a fidelity bond | 2016-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $734,578 |
| Participant contributions at end of year | 2016-12-31 | $462,166 |
| Participant contributions at beginning of year | 2016-12-31 | $487,732 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $61,160 |
| Administrative expenses (other) incurred | 2016-12-31 | $74 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $2,291,240 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $20,229,329 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $17,938,089 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $17,500,692 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $15,551,645 |
| Interest on participant loans | 2016-12-31 | $21,011 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $591,961 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $445,462 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $445,462 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $1,183 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $662,951 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $1,674,510 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $1,454,856 |
| Contributions received in cash from employer | 2016-12-31 | $391,377 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $457,682 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $1,606 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $11,157,829 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $10,928,568 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2016-12-31 | 440615592 |
| 2015 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $223,824 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $223,824 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,606 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,738 |
| Total income from all sources (including contributions) | 2015-12-31 | $1,345,111 |
| Total loss/gain on sale of assets | 2015-12-31 | $111,437 |
| Total of all expenses incurred | 2015-12-31 | $1,442,621 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,442,413 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,133,208 |
| Value of total assets at end of year | 2015-12-31 | $17,939,695 |
| Value of total assets at beginning of year | 2015-12-31 | $18,037,337 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $208 |
| Total interest from all sources | 2015-12-31 | $21,514 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $499,558 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $499,558 |
| Was this plan covered by a fidelity bond | 2015-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $692,020 |
| Participant contributions at end of year | 2015-12-31 | $487,732 |
| Participant contributions at beginning of year | 2015-12-31 | $537,397 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $60,245 |
| Administrative expenses (other) incurred | 2015-12-31 | $208 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-97,510 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $17,938,089 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $18,035,599 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $15,551,645 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $15,640,005 |
| Interest on participant loans | 2015-12-31 | $21,465 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $445,462 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $625,295 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $625,295 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $49 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-644,430 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $1,454,856 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $1,234,640 |
| Contributions received in cash from employer | 2015-12-31 | $380,943 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,442,413 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $1,606 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $1,738 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $6,982,812 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $6,871,375 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2015-12-31 | 440615592 |
| 2014 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $1,738 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $2,060,987 |
| Total loss/gain on sale of assets | 2014-12-31 | $190,488 |
| Total of all expenses incurred | 2014-12-31 | $1,026,015 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,025,682 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,056,843 |
| Value of total assets at end of year | 2014-12-31 | $18,037,337 |
| Value of total assets at beginning of year | 2014-12-31 | $17,000,627 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $333 |
| Total interest from all sources | 2014-12-31 | $21,548 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $679,365 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $679,365 |
| Was this plan covered by a fidelity bond | 2014-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $634,708 |
| Participant contributions at end of year | 2014-12-31 | $537,397 |
| Participant contributions at beginning of year | 2014-12-31 | $475,189 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $79,574 |
| Administrative expenses (other) incurred | 2014-12-31 | $333 |
| Total non interest bearing cash at end of year | 2014-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $1,034,972 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $18,035,599 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $17,000,627 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $15,640,005 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $14,911,980 |
| Interest on participant loans | 2014-12-31 | $21,492 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $625,295 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $377,894 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $377,894 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $56 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $112,743 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $1,234,640 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $1,235,564 |
| Contributions received in cash from employer | 2014-12-31 | $342,561 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,025,682 |
| Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $1,738 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $16,689,365 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $16,498,877 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2014-12-31 | 440615592 |
| 2013 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $140,405 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $140,405 |
| 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 | $3,548,285 |
| Total loss/gain on sale of assets | 2013-12-31 | $177,301 |
| Total of all expenses incurred | 2013-12-31 | $828,714 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $828,671 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $925,110 |
| Value of total assets at end of year | 2013-12-31 | $17,000,627 |
| Value of total assets at beginning of year | 2013-12-31 | $14,281,056 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $43 |
| Total interest from all sources | 2013-12-31 | $21,272 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $476,793 |
| 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 | $476,793 |
| Was this plan covered by a fidelity bond | 2013-12-31 | No |
| 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 |
| Contributions received from participants | 2013-12-31 | $592,829 |
| Participant contributions at end of year | 2013-12-31 | $475,189 |
| Participant contributions at beginning of year | 2013-12-31 | $490,446 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $1,344 |
| Administrative expenses (other) incurred | 2013-12-31 | $43 |
| Total non interest bearing cash at end of year | 2013-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2013-12-31 | $16 |
| 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 | $2,719,571 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $17,000,627 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $14,281,056 |
| 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 | $14,911,980 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $12,237,790 |
| Interest on participant loans | 2013-12-31 | $21,231 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $377,894 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $456,826 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $456,826 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $41 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,807,404 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $1,235,564 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $1,095,978 |
| Contributions received in cash from employer | 2013-12-31 | $330,937 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $828,671 |
| 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 | $2,635,338 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $2,458,037 |
| 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2013-12-31 | 440615592 |
| 2012 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $56,204 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $56,204 |
| 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 | $2,490,785 |
| Total loss/gain on sale of assets | 2012-12-31 | $195,674 |
| Total of all expenses incurred | 2012-12-31 | $1,076,323 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,073,145 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $952,271 |
| Value of total assets at end of year | 2012-12-31 | $14,281,056 |
| Value of total assets at beginning of year | 2012-12-31 | $12,866,594 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,178 |
| Total interest from all sources | 2012-12-31 | $20,837 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $364,971 |
| 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 | $364,971 |
| Administrative expenses professional fees incurred | 2012-12-31 | $3,135 |
| Was this plan covered by a fidelity bond | 2012-12-31 | No |
| 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 |
| Contributions received from participants | 2012-12-31 | $600,348 |
| Participant contributions at end of year | 2012-12-31 | $490,446 |
| Participant contributions at beginning of year | 2012-12-31 | $523,662 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $28,853 |
| Administrative expenses (other) incurred | 2012-12-31 | $43 |
| Total non interest bearing cash at end of year | 2012-12-31 | $16 |
| Total non interest bearing cash at beginning of year | 2012-12-31 | $34,071 |
| 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 | $1,414,462 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $14,281,056 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $12,866,594 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $12,237,790 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $10,658,127 |
| Interest on participant loans | 2012-12-31 | $20,780 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $456,826 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $576,698 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $576,698 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $57 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $900,828 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $1,095,978 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $1,074,036 |
| Contributions received in cash from employer | 2012-12-31 | $323,070 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,073,145 |
| 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 | $3,347,793 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $3,152,119 |
| 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 | HARDIN CUMMINS MOSS & MILLER |
| Accountancy firm EIN | 2012-12-31 | 440615592 |
| 2011 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-377,364 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-377,364 |
| 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 | $489,775 |
| Total loss/gain on sale of assets | 2011-12-31 | $-37,079 |
| Total of all expenses incurred | 2011-12-31 | $1,866,368 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,865,524 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $988,669 |
| Value of total assets at end of year | 2011-12-31 | $12,866,594 |
| Value of total assets at beginning of year | 2011-12-31 | $14,243,187 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $844 |
| Total interest from all sources | 2011-12-31 | $19,825 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $259,660 |
| 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 | $259,660 |
| Was this plan covered by a fidelity bond | 2011-12-31 | No |
| 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 |
| Contributions received from participants | 2011-12-31 | $617,766 |
| Participant contributions at end of year | 2011-12-31 | $523,662 |
| Participant contributions at beginning of year | 2011-12-31 | $345,412 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $18,597 |
| Administrative expenses (other) incurred | 2011-12-31 | $844 |
| Total non interest bearing cash at end of year | 2011-12-31 | $34,071 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $605 |
| 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 | $-1,376,593 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $12,866,594 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $14,243,187 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $10,658,127 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $11,932,010 |
| Interest on participant loans | 2011-12-31 | $19,763 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $576,698 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $478,010 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $478,010 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $62 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-363,936 |
| 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 |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $1,074,036 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $1,487,150 |
| Contributions received in cash from employer | 2011-12-31 | $352,306 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,865,524 |
| 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 | $6,115,306 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $6,152,385 |
| 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 | HARDIN CUMMINS MOSS & MILLER |
| Accountancy firm EIN | 2011-12-31 | 440615592 |
| 2010 : CITIZENS BANCSHARES CO. RETIREMENT BENEFIT PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $2,494,027 |
| Total loss/gain on sale of assets | 2010-12-31 | $138,485 |
| Total of all expenses incurred | 2010-12-31 | $4,902,498 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $4,902,498 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $939,971 |
| Value of total assets at end of year | 2010-12-31 | $14,243,187 |
| Value of total assets at beginning of year | 2010-12-31 | $16,651,658 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $15,043 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $271,809 |
| 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 | $271,809 |
| Was this plan covered by a fidelity bond | 2010-12-31 | No |
| 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 |
| Contributions received from participants | 2010-12-31 | $566,120 |
| Participant contributions at end of year | 2010-12-31 | $345,412 |
| Participant contributions at beginning of year | 2010-12-31 | $333,598 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $29,950 |
| Total non interest bearing cash at end of year | 2010-12-31 | $605 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $37,441 |
| 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 | $-2,408,471 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $14,243,187 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $16,651,658 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $11,932,010 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $13,569,318 |
| Interest on participant loans | 2010-12-31 | $14,767 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $478,010 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $686,501 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $686,501 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $276 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $1,128,719 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $1,487,150 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $2,024,800 |
| Contributions received in cash from employer | 2010-12-31 | $343,901 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $4,902,498 |
| 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 | $5,750,585 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $5,612,100 |
| 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 | HARDIN CUMMINS MOSS & MILLER |
| Accountancy firm EIN | 2010-12-31 | 440615592 |
