About a year after assuming control of the failed Citizens Bank, the leader of Tri-Counties Bank addressed the Nevada County business community during a regular meeting of the Economic Resource Council. Rick Smith, CEO of Tri-Counties, delivered a comprehensive speech detailing how the September 2011 takeover of Citizens Bank, which was judged by the FDIC to be insolvent in the autumn of last year, has affected his operations and how he envisions his financial institution becoming an indispensable thread in the fabric of the county’s business community. Tri-Counties Bank took over Citizens Sept. 23, 2011, after the FDIC determined the …