Vitals
  • Total Assets
    286.5M -5.2 %
  • Total Deposits
    236.0M -4.3 %
  • Total Net Loans
    177.9M -8.3 %
  • Net Income
    916000.0000 -59.8 %
  • Book Value
    31.9M 0.1 %
  • Book Value x2
    63.8M 0.1 %
  • Book Value x3
    95.6M 0.1 %
ROAA

.311

ROAE

2.863

Efficiency Ratio

89.347

Net Interest Margin

3.066

Balance Sheet Highlights
Financial Highlights Citizens Independent Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 286,490 147,703
Total Net Loans 177,944 97,223
Total Deposits 236,019 126,600
Total Equity 31,882 15,565
Profitability
Net Income 916 1,683
Return on Average Assets .311 1.08
Return on Average Equity 2.863 9.905
Net Interest Margin 3.066 3.845
Efficiency Ratio 89.347 68.21
Noninterest Income/Revenue 13.638 13.68
Balance Sheet Ratios
Loan-to-Deposit 75.394 75.205
Securities/Assets .244 .174
Total Equity/Total Assets .111 .105
Tangible Equity/Tangible Assets .11 .103
Capital Adequacy
Tier 1 Common Capital 32,399 15,225
Tier 1 Capital 32,399 15,232
Tier 2 Capital 2,263 1,135
Total Capital 34,662 16,386
Total Risk Weighted Assets 180,012 105,251
Leverage Ratio 11.04 10.475
Common Equity Tier 1 Capital Ratio 18 15.3
Tier 1 Capital Ratio 18 15.308
Total Capital Ratio 19.26 16.398

Timeline for Citizens Independent Bank

Bakken Securities, Inc.

Bakken Securities, Inc. became a new parent organization for Citizens Independent Bank.

View Profile Aug 31 1984

Guaranty State Bank Of Robbinsdale

Acquisition: Citizens Independent Bank acquired a new subsidiary, Guaranty State Bank Of Robbinsdale, 41 years

View Profile Dec 15 1982

Citizens Independent Bank

Citizens Independent Bank was established 74 years ago and is currently headquartered in Saint Louis Park, MN.

Jan 16 1950
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Guaranty State Bank Of Robbinsdale Seller 22,364 Discontinued 12/15/1982
Relationships Role Relationship Start Relationship End
Bakken Securities, Inc. Parent 9/22/1997
Bakken Securities, Inc. Parent 12/31/1989 9/21/1997
Bakken Securities, Inc. Parent 8/31/1984 12/30/1989
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