The first stockholders meeting for Citizens Bank, TN was held on September 2, 1905. The incorporators of the Bank were named as the first Board of Directors. Several interesting facts have been discussed about Citizens Bank in its early years.

• The first officers of Citizens Bank had a maximum loan authority of $300.
• No surplus was declared until 1916 when $2,528.00 was taken from interest and added as surplus.
• The first record of any correspondent banking was noted in 1916.
• The first time the Bank borrowed any money was in 1925. The amount of the borrowing was $9,000 which was paid back in 1926.
• The Bank closed on December 14, 1926 due to high water.
• Weather again forced the closing of the Bank on February 7, 1929 due to 18 inches of snow.