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Citizens Independent Bank
Saint Louis Park, MN · FDIC Certificate #16863 · Chartered 01/1
Total assets
$314.21M
Total deposits
$267.02M
Total equity
$31.22M
Net loans
$207.08M
Branches (offices)
4
Net income (YTD)
$834.00K
Rank: #2,400 of 4,213 U.S. banks by assets · #86 of 221 in Minnesota. Assets changed -3.5% and deposits 1.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.53% |
| Return on equity | 5.44% |
| Net interest margin (YTD) | 4.02% |
| Equity to assets | 9.93% |
| Tier 1 leverage ratio | 12.31% |
| Uninsured deposits (share of deposits) | 20.1% |
| Noncurrent loans (share of loans) | 0.14% |
| Net charge-offs (share of loans) | 2.85% |
| Loans to deposits | 77.5% |
| Real estate loans (share of loans) | 76.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $158.10M | 76.3% | |
| Commercial & industrial | $30.51M | 14.7% | |
| Consumer / individual | $17.87M | 8.6% | |
| Construction & development | $6.03M | 2.9% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $348.15M | $320.81M | $756.00K | $26.74M |
| Jun 2023 | $350.50M | $286.84M | $1.57M | $27.10M |
| Jun 2024 | $332.47M | $263.07M | $565.00K | $27.56M |
| Jun 2025 | $325.70M | $263.10M | -$245.00K | $29.08M |
| Jun 2026 | $314.21M | $267.02M | $834.00K | $31.22M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $267.02M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $267.02M.
Similar-sized banks
Classic City Bank ($314.35M) · Tri-County Bank & Trust Company ($313.91M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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