Vitals
  • Total Assets
    22.4M -3.6 %
  • Total Deposits
    20.2M -3.3 %
  • Total Net Loans
    12.4M -3.9 %
  • Net Income
    253000.0000 5.4 %
  • Book Value
    2.1M -7.5 %
  • Book Value x2
    4.2M -7.5 %
  • Book Value x3
    6.3M -7.5 %
ROAA

2.296

ROAE

22.969

Efficiency Ratio

55.616

Net Interest Margin

5.226

Balance Sheet Highlights
Financial Highlights Citizens State Bank Of Waterville All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 22,415 93,009
Total Net Loans 12,401 68,806
Total Deposits 20,200 77,190
Total Equity 2,094 9,038
Profitability
Net Income 253 1,294
Return on Average Assets 2.296 1.516
Return on Average Equity 22.969 15.212
Net Interest Margin 5.226 4.489
Efficiency Ratio 55.616 63.582
Noninterest Income/Revenue 13.489 9.046
Balance Sheet Ratios
Loan-to-Deposit 61.391 85.892
Securities/Assets .241 .253
Total Equity/Total Assets .093 .097
Tangible Equity/Tangible Assets .077 .03
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 1,827 8,904
Tier 2 Capital 142 820
Total Capital 1,969 9,714
Total Risk Weighted Assets 13,925 73,596
Leverage Ratio 8.36 10.075
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.12 13.133
Total Capital Ratio 14.14 14.236

Timeline for Citizens State Bank Of Waterville

Valley Bank

Citizens State Bank Of Waterville was acquired by Valley Bank 17 years

View Profile Sep 11 2006

Frandsen Financial Corporation

Frandsen Financial Corporation became a new parent organization for Citizens State Bank Of Waterville.

View Profile May 06 1995

Minnesota Banc Holding Company

Minnesota Banc Holding Company became a new parent organization for Citizens State Bank Of Waterville.

View Profile May 28 1980

Security State Bank

Acquisition: Citizens State Bank Of Waterville acquired a new subsidiary, Security State Bank , 63 years

View Profile May 01 1961

Citizens State Bank Of Waterville

Citizens State Bank Of Waterville was established 119 years ago and is currently headquartered in Waterville, MN.

Jun 04 1904
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Valley Bank Buyer 249,084 Pooling of Interests Discontinued 9/11/2006
Security State Bank Seller Discontinued 5/1/1961
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 5/6/1995 9/10/2006
Minnesota Banc Holding Company Parent 9/1/1992 5/5/1995
Minnesota Banc Holding Company Parent 10/30/1983 8/31/1992
Minnesota Banc Holding Company Parent 5/28/1980 10/29/1983
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