Citizens Bank

Corvallis, OR
IDRSSD: 98463
Total Assets
$846.18M
Latest filing
Total Deposits
$715.95M
Latest filing
Net Interest Margin
3.50%
Profitability

Locations

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Main Office
Citizens Bank
275 Sw 3rd St
Corvallis, OR 97333
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/05/1957FDIC Certificate 11757

Branches (14)

Page 1 of 2
NameAddressCity / State
Citizens Bank (Main)275 Sw 3rd StCorvallis, OR
JUNCTION CITY BRANCH955 Ivy St Ste 1Junction City, OR
CORVALLIS CIRCLE BRANCH978 Nw Circle BlvdCorvallis, OR
PHILOMATH BRANCH1224 Main StPhilomath, OR
ALBANY 14TH AVE BRANCH2315 14th Ave SeAlbany, OR
MCMINNVILLE BRANCH455 Ne Baker StMcminnville, OR
ALBANY WEST BRANCH2230 Pacific Blvd SwAlbany, OR
HARRISBURG BRANCH230 N 3rd StHarrisburg, OR
Showing 7 of 14

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/05/1957
Community BankYes
Ownership TypeNot Mutual
ZIP97333
State and County Number41003
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number12
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameCorvallis, OR

Operational Info

Number of Employees183
Domestic Offices15
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance10/05/1957
Primary Insurance AgencyDIF
Websitewww.citizensEbank.com
Data Updated11/14/2025
CERT17809
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$846.18M
Total Deposits$715.95M
Total Liabilities$759.89M
Total Equity Capital$86.29M
Net Income$406.00k
Net Loans and Leases$356.42M
Assets Per Employee ($Millions)$4.6M
Bank Premises and Fixed Assets$13.75M
Cash and Balances due from Depository Institutions$109.59M
Deposits Held in Domestic Offices$715.95M

Key Performance Ratios

Return on Assets (ROA)0.19%
Return on Equity (ROE)1.95%
Net Interest Margin3.5%
Efficiency Ratio91.55%
Tier 1 Risk-Based Capital Ratio22.759%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.198%
Earning Assets to total Assets91.21%

Income and Expense

Total Interest Income$7.87M
Total Noninterest Income$647.00k
Total Interest Expense$1.21M
Total Noninterest Expense$6.70M
Net Interest Income$6.67M
Pre-tax Net Operating Income$443.00k
Provision for Credit Losses$175.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$33.01M
All Other Liabilities$10.93M
Total Liabilities and Capital$846.18M

Securities

Securities$321.48M
Available-for-sale debt securities$321.48M
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?
$846.18M as of the latest filing.
How much are Citizens Bank's total deposits?
$715.95M in total deposits.
Where is Citizens Bank located?
Corvallis, OR.
What is the Net Interest Margin?
3.50%.
How many domestic offices does it operate?
15.
When was it established?
10/05/1957.
What is the Return on Assets (ROA)?
0.19%.
How much are total loans and leases?
$356.42M (latest filing).
What is the total interest income (latest filing)?
$7.87M.