Citizens State Bank of Shakopee

Citizens State Bank of Shakopee is headquartered in Shakopee and is the 369^th largest bank in the state of Minnesota. It is also the 7,125^th largest bank in the nation. It was established in 1978 and as of March of 2012, it had grown to 5 employees at 1 location. Citizens State Bank of Shakopee has a 3-star health rating.

Data for Q1 2012

Institution Statistics Citizens State Bank of Shakopee FDIC Certificate # 22627 BankRate Report View Year Established 1978 Employees 5 Primary Regulator FDIC Assets and Liabilities Assets $22.53 million Loans $13.94 million Deposits $20.55 million Equity Capital $1.88 million Loan Loss Allowance $149,000 Unbacked Noncurrent Loans $250,000 Real Estate Owned $475,000 Historic Data - March 2011 Assets $17.92 million Equity Capital $1.65 million Loan Loss Allowance $80,000 Unbacked Noncurrent Loans $486,000 Real Estate Owned $475,000 Profit Margin - Quarterly Net Interest Margin 3.51% Return on Assets -0.91% Return on Equity -11.55% Interest Income $188,000

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Citizens State Bank of Shakopee had $725,000 in non-current loans and owned real-estate with $2.03 million in equity and loan loss allowances on hand to cover it. This gives Citizens State Bank of Shakopee a Texas Ratio of 35.77% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Citizens State Bank of Shakopee decreased slightly from 55.55% as of March 31, 2011 to 35.77% as of March 31, 2012, resulting in a positive change of 35.61%.This indicates that the balance sheet and financial strength for Citizens State Bank of Shakopee has improved slightly in recent periods. Deposit Growth In the past year, Citizens State Bank of Shakopee has increased its total deposits by $4.4 million, resulting in 27.22% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Citizens State Bank of Shakopee has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Citizens State Bank of Shakopee has $22.53 million in assets with $2.03 million in equity, resulting in a capitalization level of 9.00%, which is average.

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