C
First Independent Bank
Russell,  MN
Rating Date
August 2026
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings First Independent Bank
Russell, MN
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Rating C
Asset Quality Index 7.90
Capitalization Index 7.50
Liquidity Index 0.90
Profitability Index 5.60
Stability Index 4.30
Company Info First Independent Bank
Russell, MN
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FDIC Number 1900
Phone Number (507) 823-4391
Website www.fibmn.com
Asset Quality First Independent Bank
Russell, MN
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1-Year Asset Growth 15.70%
5-Year Asset Growth 15.86%
5-Year Charge-Offs to Average Loans 0.11%
Charge-Offs to Average Loans 0.02%
Non-Performing Assets to Assets 0.10%
Non-Performing Loans to Capital 0.90%
Non-Performing Loans to Loans 0.14%
Balance Sheet First Independent Bank
Russell, MN
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Total Assets 632.34M
Total Deposits 533.00M
Capital and Reserves First Independent Bank
Russell, MN
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Capital 61.24M
Leverage Ratio 9.87
Loan Loss Reserves to Loans 1.38%
Risk-Based Capital Ratio 13.49
Liquidity First Independent Bank
Russell, MN
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Hot Money Ratio 26.30%
Liquidity Ratio 25.46%
Profitability First Independent Bank
Russell, MN
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5-Year Return on Average Assets 1.27%
Net Income 4.83M
Net Interest Spread 3.77%
Operating Profit to Average Assets 1.56%
Overhead Efficiency Ratio 51.95%
Return on Assets 1.55%
Return on Equity 17.02%