Citizens Independent Bank


Overview / Commentary
952-926-6561
5000 West 36th Street
Saint Louis Park, MN 55416

Citizens Independent Bank is headquartered in Saint Louis Park and is the 59th largest bank in the state of Minnesota. It is also the 2,282nd largest bank in the nation. It was established in 1950 and as of December of 2019, it had grown to 59 employees at 4 locations. Citizens Independent Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #16863
Year Established1950
Employees59
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD5.35%
Annual Interest Income$11.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$287.3MM$274.3MM
LoansQ4 2019vs Q4 2018$192.2MM$181.5MM
DepositsQ4 2019vs Q4 2018$250.7MM$240.6MM
Equity CapitalQ4 2019vs Q4 2018$35.2MM$32.8MM
Loan Loss AllowanceQ4 2019vs Q4 2018$2.7MM$3.0MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$962.00K$1.6MM
Real Estate OwnedQ4 2019vs Q4 2018$0$274.00K
Rates
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Citizens Independent Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%$500-5 Year CD
0.70%$500-4 Year CD
0.45%$5k-18 Month CD
Locations


Citizens Independent Bank Locations
Hopkins Branch10901 Excelsior BoulevardHopkins, MN 55343
Plymouth Branch15600 36th Avenue NorthPlymouth, MN 55446
Robbinsdale Main Branch3700 West BroadwayRobbinsdale, MN 55422
Citizens Independent Bank5000 West 36th StreetSaint Louis Park, MN 55416

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