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 Citizens Independent Bank
Citizens Independent Bank
| RSSD ID 825753 | CERTIFICATE 16863 | ABA NUMBER 91016566 |
| 5000 W 36th St |
Quarter Ended : |
2025-03-31 |
| Saint Louis Park, Minnesota, 55416 |
Updated : |
2025-04-30 |
| www.bankcib.com |
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| Institution Profile |
| Year Opened : |
1950 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
54 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 328,767 |
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Total Interest Income | 3,784 |
| Total Liabilities | 300,421 |
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Total NonInterest Income | 245 |
| Total Bank Equity Capital | 28,346 |
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Total Interest Expense | 913 |
| Total Deposits | 274,828 |
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Total NonInterest Expense | 2,565 |
| Net Loans & Leases | 212,801 |
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Net Income | 397 |
| Loan Loss Allowance | 2,908 |
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Net Charge Offs | 5 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 41,404 |
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Total loans | 212,920 |
| Total assets for the leverage ratio | 325,516 |
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Loans secured by real estate: | 184,176 |
| Tier 1 Leverage Ratio | 11.82 |
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Commercial and industrial loans | 19,992 |
| Tier 1 Capital Ratio | 16.35 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 17.59 |
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Loans to individuals - Other | 20,226 |
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:· Citizens Independent Bank
