Corsicana Daily Sun, Corsicana, Texas

Latest News

March 30, 2013

Citizen's National announces bank acquisition

Corsicana — Brad Tidwell, President and CEO of Citizens National Bank (CNB), is pleased to announce that the bank has entered into a definitive agreement to purchase East Texas National Bank (ETNB) in Palestine, Texas.  ETNB’s main bank is located at 207 West Spring Street, with two full service branches located in Huntsville and Mexia. This transaction was approved by the boards of both banks and the closing is tentatively scheduled for June 2013, pending regulatory approval.   

“East Texas National Bank was chartered in 1911 in Palestine and has 102 years of deep

East Texas roots, which is a great fit for Citizens National Bank, considering our 83 year history here in East Texas,” Brad Tidwell said. “Citizens National Bank is very excited to have the opportunity to acquire such an outstanding, conservative bank with values that mirror those of Citizens National Bank.”  

Cliff Bomer, President of East Texas National Bank said, “East Texas National Bank has been the cornerstone of banking in our area for generations.  We are proud that we will be a part of a bank that will help us to continue to serve our customers for generations to come.”

East Texas National Bank has $150 million in assets as well as $65 million in assets under management in their trust department.  After the purchase of ETNB, Citizens National Bank will have $1.2 billion in assets and 24 branches throughout East and Central Texas.  The combined Trust Departments will have over $350 million in assets under management.  Citizens National Bank is a locally owned, independent, community bank headquartered in Henderson, Texas and has been serving the families and businesses of East Texas since 1930. 

1
Text Only
Latest News
  • Candelario Garcia Jr. (main) Honoring a hero

    Since March of this year, the family of Candelario Garcia Jr. has been so proud of him, they could burst.

    July 23, 2014 2 Photos

  • County Budget Commissioners start budget process

    The Navarro County Commissioner’s Court held its first budget workshop Wednesday, the first of a dozen or more over the next month or so.

    July 23, 2014 1 Photo

  • 7-23-14 pianos main.jpg Public pianos invite players

    Corsicana has always been a musical town, with emphasis on country and western, rock and roll, bluegrass and Gospel, but now the parks and recreation department is moving towards bringing music to the masses in a different way. They’re going to put pianos downtown, on the sidewalks for anyone to play at random.

    July 23, 2014 1 Photo

  • Navarro County 4-H Club holds event

    Texas A&M AgriLife Extention will hold Summer Exploration Days at the Navarro County Expo on Tuesday, July 29 from 8:30 to 11:30 a.m.

    July 22, 2014

  • New date for IPL Job Fair announced

    Tarrant Regional Water District IPL (integrated pipe line) Project will hold a Job Fair from 4 to 7 p.m. Wednesday, Aug. 20, 2014 at The Cook Center.

    July 22, 2014

  • Making voting easier

    A new county-wide voting system would let voters cast a ballot at any polling place on election day, eliminating the need to drive to a specific precinct to vote.

    July 22, 2014

  • Aaron Tidwell Tidwell tapped for top Mildred High post

    A baseball coach at heart, about a year ago Aaron Tidwell began to seriously focus on education administration. He just didn’t think an opportunity would present itself so soon. Mildred Independent School District board members approved the 31-year-old Corsicana native as the high school’s new principal Monday night.

    July 22, 2014 1 Photo

  • OCIW treasure Mantle worthy: Oil City presented with Texas Treasure Business Award

    Maybe Oil City Iron Works is worth double the treasure. After all, the local icon honored Monday with a state award for employers in business for 50 years has actually been around for 128.

    July 21, 2014 2 Photos

  • 7-22-14 meth raid.jpg Five arrested in meth raid

    The Corsicana Police Department executed a raid on an alleged meth house Saturday afternoon, and it was done in about 45 minutes, all but the paperwork.
    “That part is on-going, reports and follow-up,” said Police Chief Randy Bratton on Monday.

    July 21, 2014 1 Photo

  • Perry orders 1,000 Texas National Guard troops to border

    AUSTIN — Gov. Rick Perry says he's deploying as many as 1,000 National Guard troops to the Texas-Mexico border after growing tied of "lip service" from the federal government.

    July 21, 2014