Citizens State Bank of Waverly, Inc.

Waverly, MN
IDRSSD: 213958
Total Assets
$117.92M
Latest filing
Total Deposits
$107.72M
Latest filing
Net Interest Margin
2.98%
Profitability

Locations

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Main Office
Citizens State Bank of Waverly, Inc.
609 Pacific Ave
Waverly, MN 55390
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1907FDIC Certificate 5989

Branches (1)

Page 1 of 1
NameAddressCity / State
Citizens State Bank of Waverly, Inc. (Main)609 Pacific AveWaverly, MN
DETACHED FACILITY145 Nelson BlvdMontrose, MN
Showing 1 of 1

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 Date01/01/1907
Community BankYes
Ownership TypeNot Mutual
ZIP55390
State and County Number27171
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameMinneapolis-St. Paul-Bloomington, MN-WI

Operational Info

Number of Employees17
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date12/31/2012
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.bankwaverly.com
Data Updated11/14/2025
CERT9337
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$117.92M
Total Deposits$107.72M
Total Liabilities$108.21M
Total Equity Capital$9.71M
Net Income$165.00k
Net Loans and Leases$57.07M
Assets Per Employee ($Millions)$7.37M
Bank Premises and Fixed Assets$1.64M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$107.72M

Key Performance Ratios

Return on Assets (ROA)0.57%
Return on Equity (ROE)7.04%
Net Interest Margin2.98%
Efficiency Ratio73.2%
Tier 1 Risk-Based Capital Ratio17.024%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.17%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.234%
Earning Assets to total Assets90.97%

Income and Expense

Total Interest Income$1.16M
Total Noninterest Income$86.00k
Total Interest Expense$375.00k
Total Noninterest Expense$639.00k
Net Interest Income$787.00k
Pre-tax Net Operating Income$186.00k
Provision for Credit Losses$48.00k
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$0
All Other Liabilities$492.00k
Total Liabilities and Capital$117.92M

Securities

Securities$37.51M
Available-for-sale debt securities$33.75M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$3.76M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Citizens State Bank of Waverly, Inc.?
$117.92M as of the latest filing.
How much are Citizens State Bank of Waverly, Inc.'s total deposits?
$107.72M in total deposits.
Where is Citizens State Bank of Waverly, Inc. located?
Waverly, MN.
What is the Net Interest Margin?
2.98%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1907.
What is the Return on Assets (ROA)?
0.57%.
How much are total loans and leases?
$57.07M (latest filing).
What is the total interest income (latest filing)?
$1.16M.