Citizens Receives 30th Consecutive 'Superior' Rating for Performance

By David R. Corder | Daily Sun Specialty Editor | March 31, 2022
Citizens First Bank earned its 30th consecutive 5-star rating for the quarter ended Dec. 31 from BauerFinancial, a national bank ratings service. It is the highest rating the company awards for superior financial performance. The Villages hometown community bank ended the quarter with a capital ratio of about 16.2%, which is more than twice the minimum percentage required by the Federal Reserve. Its loan leverage ratio is nearly threefold more than the minimum requirement.