FirstCNB Earns Bauer Financial 5-Star 2019 Rating

(Dyersburg, TN) First Citizens National Bank again earned a 5-Star Superior rating by Bauer Financial for 2019. The rating indicates that FirstCNB excels in areas of capital adequacy, profitability and asset quality. A 5-star rated bank is among the top in the nation with strength and security. “We have been and will continue to be faithful and committed to our mission and are proud for this recognition,” said Jeff Agee, Chairman & CEO.

Bauer Financial has been analyzing and rating the nation’s banks and credit unions very carefully since 1983. Over the years, this rating system has gained the trust and recognition of regulators, bankers and consumers alike.

MARCH 1, 2019

First Citizens National Bank Celebrates 130

First Citizens National Bank was established in 1889, and for 130 years our communities have depended on its strength and stability. Today, the friendly faces at First Citizens National Bank still help guide you, your family and your business to a bright financial future. Chairman & CEO Jeff Agee, states “It is with great pleasure and pride that we celebrate 130 years of serving our customers, shareholders and communities.”

First Citizens National Bank, headquartered in Dyersburg, TN with 25 locations throughout Tennessee, is a full service community bank with approximately $1.8 Billion in assets offering deposit, lending, wealth management, cash management, trust, insurance, and investments. 

March 1, 2019

Judy Long Interviewed by Memphis Business Journal

First Citizens National Bank's President and Chief Operating Officer, Judy Long, was interviewed by the Memphis Business Journal on the topic of the digital transformation of the banking industry.

The interview was featured in the June edition of the magazine which is distributed to business owners, entrepreneurs and corporate officers of companies located throughout West Tennessee.

Read the full article

SEPTEMBER 11, 2018

FirstCNB Named Among Top Extraordinary Banks in the USA

DYERSBURG, TN, September 11, 2018 – First Citizens National Bank, a local Dyer County icon, was just named one of the top extraordinary banks in the United States by The Institute for Extraordinary Banking™.

FirstCNB was recognized with the Institute’s Thank God It’s Monday®! Banky Award for Extraordinary Internal Culture as a result of their high levels of employee engagement and successful injection of fun into the workplace while achieving breakthrough results. In addition, FirstCNB was recognized with the Institute’s Thought Leader Banky Award for Extraordinary Bank Practices, raising the standards of banking practices with excellence in unique and cutting-edge practices while achieving exemplary financial results.

Our teammates are humbly proud of these prestigious awards from the Best Banks in America Super Conference. We love our teammates, customers and communities that we serve.” says Jeff Agee, Chairman & CEO for First Citizens National Bank. “Our vision is to continue to be people centered and unbelievably good.”

The Extraordinary Banking™ Awards exist to highlight the vital, yet often overlooked, role that local community banks play in our economy. Without a thriving local banking industry, our small businesses and families become nothing more than numbers inside “too big to fail” institutions. The Extraordinary Banking™ Awards recognize the best of what community banks offer to our cities, towns, and nation.

First Citizens National Bank operates from 25 locations in Tennessee. Established in 1889 in Dyer County, the bank today has approximately $1.7 Billion in assets and serves markets throughout 11 Tennessee counties. FirstCNB is a full service community bank offering deposit, lending, wealth management, cash management, trust, insurance, and investments. For more information, visit

2018 Extraordinary Banking Awards Event

AUGUST 9, 2018

FirstCNB Ranks #9 in Best Bank to Work for in U.S.

For the sixth consecutive year, First Citizens National Bank has been named one of the Best Banks to Work For. First Citizens currently ranks 9th overall for banks across the entire United States.

The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Full results of this year’s program are available at American Banker and in the September issue of American Banker Magazine.

Our annual ranking recognizes the financial institutions that are committed to investing in employees’ job satisfaction, career development and personal growth – a ‘return on assets’ that can be hard to measure by traditional means," said Rob Blackwell, editor in chief of American Banker. "One of the most valuable assets for any organization is the team of people it employs, and banks are no exception."

Determining the Best Banks to Work For involves a two-step process. The first step involves an evaluation of participating companies’ workplace policies, practices, and demographics. In the second step, employee surveys are conducted to directly assess the experiences and attitudes of individual employees with respect to their workplace. The combined scores determine the top banks and the final ranking.

Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.

The program is open to commercial banks, thrifts, savings banks and other chartered retail financial institutions with at least 50 employees in the United States. For more information on eligibility or other questions related to the Best Banks to Work For program, visit or contact Madelyne Barroso at 717-323-5272.

MAY 2018

FirstCNB Ranks in Top 200 Community Banks

First Citizens Bancshares, the holding company for First Citizens National Bank, earned the 96th spot in the 2018 list of Top 200 Community Banks, as ranked nationally by American Banker Magazine in the May 2018 edition. Annual rankings are based on a three-year average return on equity of publicly traded banks and thrifts with total assets less than $2 billion. First Citizens National Bank was the only bank recognized in any of the ten Tennessee Counties that it serves. 

CEO and Board Chairman Jeff Agee stated, “This is not by accident, as return on equity is a core measuring tool and a primary driver of shareholder return. Shareholder return is a major component of our mission statement.  I am proud of our First Citizens National Bank team and the hard work that they do for the customers and communities we serve.”  

First Citizens National Bank, headquartered in Dyersburg, TN with 25 locations throughout Tennessee, is a full service community bank with approximately $1.7 Billion in assets offering deposit, lending, wealth management, cash management, trust, insurance, and investments. For more information about First Citizens National Bank please visit

JULY 7, 2016

Governor’s Foundation Recognizes FirstCNB as a Healthier Tennessee Workplace

The Governor’s Foundation for Health and Wellness today announced that First Citizens National Bank has been named a Healthier Tennessee Workplace for its commitment to encouraging and enabling employees to live a healthy lifestyle both at work and at home. The designation is granted for one full year with an opportunity to renew on an annual basis.

“We’re pleased to recognize First Citizens National Bank for the significant impact they are having in the lives of their employees,” said Richard Johnson, President and Chief Executive Officer of the Governor’s Foundation. “Their focus on workplace wellness benefits not only their employees, but their employees’ families and the entire community.”

First Citizens National Bank embraces health and wellness as part of the culture of their business. Teammates are taking advantage of the opportunities given to them to become a healthier person. Jeff Agee, FirstCNB Chairman & CEO, states “Our shared-values approach reflects that we care for our teammates, and we are committed to their success. Our health and wellness investments have taken place incrementally over the past 11 years and with ramped up efforts in 2016.” The bank offers teammates many opportunities to get and stay healthy with programs such as: a 12-week health and nutrition class, smoking cessation classes, numerous fitness class opportunities and more – all of these offered to FirstCNB teammates at no charge.

To become a Healthier Tennessee Workplace, First Citizens National Bank certified that they have a wellness program in place that does the following:

  • Encourages and enables physical activity in the workplace
  • Offers healthy eating options at work
  • Provides a tobacco-free environment and help with tobacco cessation
  • Encourages and enables employees to monitor their own health through regular health risk assessments, screenings or check-ups
  • Rewards and recognizes employees for participating in health and wellness activities and achieving health improvements

First Citizens National Bank, headquartered in Dyersburg, TN with 21 locations throughout Tennessee, is a full service community bank with approximately $1.5 Billion in assets offering deposit, lending, wealth management, cash management, trust, insurance, and investments. For more information about First Citizens National Bank please visit

The Governor's Foundation for Health and Wellness is a non-profit corporation dedicated to enabling and encouraging Tennesseans to lead healthier lives. Based in Nashville, the Foundation brings together a statewide coalition of employers, health insurers, hospital systems, local governments, school systems and healthcare-focused foundations and community organizations to effect positive, measurable change. The Foundation’s Healthier Tennessee initiative strives to increase the number of Tennesseans who are physically active for at least 30 minutes five times a week, promote a healthy diet, and reduce the number of people who use tobacco.

JUNE 20, 2016

FirstCNB Ranked in the 2015 Top 15th Percentile of Community Banks

Seifried & Brew LLC, a community bank risk management firm, named First Citizens National Bank as a 2015 S&B 5 Gold Bar Institution, a designation earned by banks within the S&B Top 15th Percentile of Community Banks.

To gain entry into this distinguished ranking, the Bank demonstrated exemplary performance of balancing risk and reward based on the Bank’s S&B Total Risk/Return Composite Ranking. This is no small feat considering that the Bank not only survived the Financial Crisis but actually thrived. This supports Seifried & Brew’s belief that conservative, traditional community banking is the strength of our financial system.

First Citizens National Bank operates from 21 locations in Tennessee. Established in 1889 in Dyer County, the bank today has approximately $1.2 Billion in assets and serves markets throughout nine Tennessee counties.

OCTOBER 1, 2014

First Citizens Bancshares, Inc. Completes Merger With Southern Heritage Bancshares, Inc.

Today First Citizens Bancshares, Inc. announced the completion of its acquisition of Southern Heritage Bancshares, Inc., which was merged with and into First Citizens Bancshares, Inc. The merger resulted in Southern Heritage Bank, a community bank based in Cleveland, Tennessee, becoming a wholly owned subsidiary of First Citizens Bancshares, Inc.

With the merger, First Citizens extends its footprint statewide to include offices in Bradley County, Tennessee and solidifies its position as the 7th largest Tennessee-based community bank. The combined organization has approximately $1.5 billion in assets, $1.2 billion in deposits, 349 associates and 24 branches across 10 Tennessee counties.

“Our bank just celebrated our 125th anniversary and we are excited about our future, partnered with a strong bank and new teammates who match our culture and desire for excellence,” said Jeff Agee, First Citizens’ CEO. “Already being well matched in terms of values, financial performance and strategic goals establishes a solid foundation for success for our teammates, customers and shareholders.”

J. Lee Stewart, Southern Heritage’s President and Chief Executive Officer immediately prior to the merger, has joined First Citizens’ Board of Directors, expanding the total number of directors to 19. “To combine the success of Southern Heritage Bank in East Tennessee with the solid market share and highly ranked performance of First Citizens in West and Middle Tennessee is a strategic move that I believe will greatly enhance shareholder value,” said Mr. Stewart. “Our teammates are excited to be a part of First Citizens.”

First Citizens was advised by Olsen Palmer LLC and the law firm of Waller Lansden Dortch & Davis, LLP. Southern Heritage was advised by FIG Partners, LLC and the law firm of Baker, Donelson, Bearman, Caldwell & Berkowitz, PC.

About First Citizens

Originally founded in 1889, with $1.2 billion in total assets and 21 branches throughout west and middle Tennessee, First Citizens is the 7th largest Tennessee-based banking institution and is the 16th largest deposit holder in the Volunteer state. For the second year in a row, Seifried & Brew, a national banking economic and consulting group, included First Citizens National Bank in the Top 15th percentile of community banks, based on institutions with assets between $100 million and $5 billion. In November 2013, First Citizens National Bank was recognized by American Banker magazine as the 6th “Best Bank to Work For in the U.S.” in the category of banks with assets less than $3 billion.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the financial and other benefits and other effects of the merger, the extension of First Citizens’ footprint, the increase in First Citizens’ market share, the size of the combined organization and enhancement of shareholder value. Forward-looking statements can be identified by the use of the words "anticipate," "believe," "expect," "intend," "could," "should," "forward," "future," "opportunity" and other words of similar meaning. These forward-looking statements express management's current expectations or forecasts of future events and, by their nature, are subject to risks and uncertainties and there are a number of factors that could cause actual results to differ materially from those in such statements. Factors that might cause such a difference include, but are not limited to: expected cost savings, synergies and financial and other benefits from the merger might not be realized within the expected time frames and costs or difficulties relating to integration matters might be greater than expected; market, economic, operational, liquidity, credit and interest rate risks associated with First Citizens' and Southern Heritage's businesses, competition, government legislation and policies; ability of First Citizens to execute its business plans; changes in the economy which could materially impact credit quality trends and the ability to generate loans and gather deposits; failure or circumvention of First Citizens’ internal controls; failure or disruption of First Citizens’ information systems; significant changes in accounting, tax or regulatory practices or requirements; new legal obligations or liabilities or unfavorable resolutions of litigations and other matters discussed in this press release. These forward-looking statements are made only as of the date of this press release, and First Citizens undertakes no obligation to release revisions to these forward-looking statements to reflect events or conditions after the date of this press release.

Source: First Citizens Bancshares, Inc.