How profitable a bank is has an effect on its safety and soundness. A bank can retain its earnings, increasing its capital buffer, or use them to address problematic loans, likely making the bank better able to withstand financial shocks. However, banks that are losing money are less able to do those things.
First Citizens National Bank scored 18 out of a possible 30 on Bankrate's earnings test, above the national average of 15.12.
One important measure of a bank's earnings is return on equity, or net income (profit, essentially) divided by total equity. The most recent annualized quarterly return on equity for First Citizens National Bank was 9.60 percent, above the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank recorded net income of $17.6 million on total equity of $188.5 million. The bank experienced an annualized return on average assets, or ROA, of 1.08 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.