Citizens Independent Bank
Saint Louis Park, MN
IDRSSD: 825753
Total Assets
$314.61M
Latest filing
Total Deposits
$267.06M
Latest filing
Net Interest Margin
3.75%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Citizens Independent Bank
5000 W 36th St
Saint Louis Park, MN 55416
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/16/1950FDIC Certificate 10960
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Citizens Independent Bank (Main) | 5000 W 36th St | Saint Louis Park, MN |
| ROBBINSDALE MAIN BRANCH | 3700 W Broadway Ave | Robbinsdale, MN |
| HOPKINS BRANCH | 10901 Excelsior Blvd | Hopkins, MN |
| PLYMOUTH BRANCH | 15600 36th Ave N | Plymouth, MN |
Showing 3 of 3
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
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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 | 01/16/1950 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55416 |
| State and County Number | 27053 |
| 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 | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 59 |
| Domestic Offices | 4 |
| 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 | 01/16/1950 |
| Primary Insurance Agency | DIF |
| Website | www.bankcib.com |
| Data Updated | 01/30/2026 |
| CERT | 16863 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $314.61M |
| Total Deposits | $267.06M |
| Total Liabilities | $283.53M |
| Total Equity Capital | $31.08M |
| Net Income | $-13,000 |
| Net Loans and Leases | $198.21M |
| Assets Per Employee ($Millions) | $5.62M |
| Bank Premises and Fixed Assets | $6.38M |
| Cash and Balances due from Depository Institutions | $13.92M |
| Deposits Held in Domestic Offices | $267.06M |
Key Performance Ratios
| Return on Assets (ROA) | -0.02% |
| Return on Equity (ROE) | -0.17% |
| Net Interest Margin | 3.75% |
| Efficiency Ratio | 84.33% |
| Tier 1 Risk-Based Capital Ratio | 17.6% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.64% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.879% |
| Earning Assets to total Assets | 95.45% |
Income and Expense
| Total Interest Income | $3.67M |
| Total Noninterest Income | $205.00k |
| Total Interest Expense | $856.00k |
| Total Noninterest Expense | $2.55M |
| Net Interest Income | $2.81M |
| Pre-tax Net Operating Income | $-27,000 |
| Provision for Credit Losses | $500.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $8.80M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $7.66M |
| Total Liabilities and Capital | $314.61M |
Securities
| Securities | $89.64M |
| Available-for-sale debt securities | $89.64M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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 Independent Bank?
$314.61M as of the latest filing.
How much are Citizens Independent Bank's total deposits?
$267.06M in total deposits.
Where is Citizens Independent Bank located?
Saint Louis Park, MN.
What is the Net Interest Margin?
3.75%.
How many domestic offices does it operate?
4.
When was it established?
01/16/1950.
What is the Return on Assets (ROA)?
-0.02%.
How much are total loans and leases?
$198.21M (latest filing).
What is the total interest income (latest filing)?
$3.67M.