Citizens Independent Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.3 and a capital leverage ratio of 12.3. A current level of 0.9 percent of nonperforming loans to core capital combined with 12.3 percent from a year earlier contributes to the Good asset quality (5.8).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Fair (3.4) profitability.
Asset Mix:
Comm re (30%), securities (27%), home mtgs (15%), comm loans (10%), consumer loans (6%), cash (3%), home eq lns (1%), other (8%)
States with Branches:
MN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Bakken Securities, Inc.
Investment Rating
--
Address
5000 West 36th Street
Saint Louis Park, MN 55416
Saint Louis Park, MN 55416
Phone Number
(952) 926-6561
Year Founded
1950
FDIC Number
Website
Largest Affiliates
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