Citizens Bank Minnesota
New Ulm, MN
IDRSSD: 874050
Total Assets
$599.56M
Latest filing
Total Deposits
$502.56M
Latest filing
Net Interest Margin
2.85%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Citizens Bank Minnesota
105 N Minnesota St
New Ulm, MN 56073
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/13/1875FDIC Certificate 5226
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Citizens Bank Minnesota (Main) | 105 N Minnesota St | New Ulm, MN |
| LAKEVILLE BRANCH | 18476 Kenrick Ave | Lakeville, MN |
| WATKINS BRANCH | 170 Meeker Ave N | Watkins, MN |
| LA SALLE BRANCH | 102 S Broadway | La Salle, MN |
| LAFAYETTE BRANCH | 701 Main Ave | Lafayette, MN |
| ORMSBY BRANCH | 513 Main St | Ormsby, MN |
Showing 5 of 5
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 12/13/1875 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56073 |
| State and County Number | 27015 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | New Ulm, MN |
Operational Info
| Number of Employees | 92 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.citizensmn.bank/ |
| Data Updated | 11/14/2025 |
| CERT | 8200 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $599.56M |
| Total Deposits | $502.56M |
| Total Liabilities | $547.40M |
| Total Equity Capital | $52.16M |
| Net Income | $1.02M |
| Net Loans and Leases | $399.96M |
| Assets Per Employee ($Millions) | $6.59M |
| Bank Premises and Fixed Assets | $5.32M |
| Cash and Balances due from Depository Institutions | $7.94M |
| Deposits Held in Domestic Offices | $502.56M |
Key Performance Ratios
| Return on Assets (ROA) | 0.69% |
| Return on Equity (ROE) | 7.99% |
| Net Interest Margin | 2.85% |
| Efficiency Ratio | 68.37% |
| Tier 1 Risk-Based Capital Ratio | 11.374% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.02% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.701% |
| Earning Assets to total Assets | 93.71% |
Income and Expense
| Total Interest Income | $6.70M |
| Total Noninterest Income | $785.00k |
| Total Interest Expense | $2.76M |
| Total Noninterest Expense | $3.27M |
| Net Interest Income | $3.94M |
| Pre-tax Net Operating Income | $1.43M |
| Provision for Credit Losses | $25.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $203.00k |
| Other borrowed funds | $32.58M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $8.14M |
| All Other Liabilities | $4.12M |
| Total Liabilities and Capital | $599.56M |
Securities
| Securities | $159.75M |
| Available-for-sale debt securities | $159.56M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Citizens Bank Minnesota?
$599.56M as of the latest filing.
How much are Citizens Bank Minnesota's total deposits?
$502.56M in total deposits.
Where is Citizens Bank Minnesota located?
New Ulm, MN.
What is the Net Interest Margin?
2.85%.
How many domestic offices does it operate?
6.
When was it established?
12/13/1875.
What is the Return on Assets (ROA)?
0.69%.
How much are total loans and leases?
$399.96M (latest filing).
What is the total interest income (latest filing)?
$6.70M.