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City National Bancshares Corporation
900 Broad Street
Phone: 973-624-0865p:973-624-0865 Newark, NJ  07102  United States Ticker: CYNBPCYNBP

This company ceased filing statements with the SEC on 8/9/2012.
On November 1, 2019, City National Bank of New Jersey, a subsidiary bank of City National Bancshares Corporation, was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All deposit accounts, including brokered deposits, were transferred to Industrial Bank in Washington, D.C. The former City National Bank of New Jersey locations reopened as branches of Industrial Bank.
This company is no longer actively traded on any major stock exchange.

Business Summary
City National Bancshares Corporation (CNBC) is a bank holding company. City National Bank (the Bank or CNB) is a wholly owned subsidiary of the Company. CNB provides a range of retail and commercial banking services through its retail branch network, although the primary focus is on establishing commercial and municipal relationships. The Bank also provides forms of small to medium size business financing, including revolving credit, credit lines, term loans and all forms of consumer financing, including auto, home equity and mortgage loans. The Bank owns a 35.4% interest in a leasing company, along with two other minority banks and has small investments in a Haitian financial organization that provides microloan financing to rural Haitian individuals for business purposes and a mutual fund, which invests in targeted projects throughout the country that are eligible for Community Reinvestment Act (CRA) credit
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
---Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/201112/31/2011YesYes-YesYes

Industries
SIC Code Description
6022 State commercial banks
6712 Offices of bank holding companies

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board EugeneGiscombe 70 5/1/1997 1/1/1991
Chief Financial Officer, Senior Vice President of the Corp. and City National Bank of New Jersey Edward R.Wright 65
Interim President and Chief Executive Officer of City National Bank of New Jersey, Independent Dire Preston D.Pinkett 48 3/1/2011 12/30/2010
6 additional Officers and Directors records available in full report.

Business Names
Business Name
CITY NATIONAL BANCSHARES CORP
CYNBP

General Information
Number of Employees: 89 (As of 12/31/2010)
Outstanding Shares: 131,326 (As of 5/25/2012)
Shareholders: 1,202
Stock Exchange: OTC
Federal Tax Id: 222434751


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Saturday, July 22, 2023