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Company Description (as filed with the SEC)
The Company is a one-bank holding company incorporated under the laws of the State of Mississippi on February 16, 1982. The Company is the sole shareholder of The Citizens Bank of Philadelphia ("Bank"). The Company does not have any subsidiaries other than the Bank. The Bank was opened on February 8, 1908 as The First National Bank of Philadelphia. In 1917, the Bank surrendered its national charter and obtained a state charter, at which time the name of the Bank was changed to The Citizens Bank of Philadelphia, Mississippi. At December 31, 2015, the Bank was the largest bank headquartered in Neshoba County, Mississippi, with total assets of $973.5 million and total deposits of $753.4 million. For more information regarding the assets, revenue and profits of the Company, refer to the Consolidated Financial Statements of the Company contained in Item 8, "Financial Statements and Supplementary Data. ... More ...