C
First Independent Bank
RussellMN
Rating Date
October 2025
Risk Based
Capital Ratio
Leverage
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Return On
Assets
Total
Assets
Capital
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Net
Income
Weiss Ratings First Independent Bank
Russell, MN
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Rating C
Asset Quality Index 7.50
Capitalization Index 5.50
Liquidity Index 1.30
Profitability Index 4.60
Stability Index 5.40
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 12.80%
5-Year Asset Growth 17.70%
5-Year Charge-Offs to Average Loans 0.11%
Charge-Offs to Average Loans 0.02%
Non-Performing Assets to Assets 0.12%
Non-Performing Loans to Capital 1.76%
Non-Performing Loans to Loans 0.18%
Balance Sheet First Independent Bank
Russell, MN
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Total Assets 575.21M
Total Deposits 484.40M
Capital and Reserves First Independent Bank
Russell, MN
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Capital 45.50M
Leverage Ratio 8.03
Loan Loss Reserves to Loans 1.22%
Risk-Based Capital Ratio 11.02
Liquidity First Independent Bank
Russell, MN
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Hot Money Ratio 24.25%
Liquidity Ratio 27.52%
Profitability First Independent Bank
Russell, MN
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5-Year Return on Average Assets 1.31%
Net Income 4.74M
Net Interest Spread 3.40%
Operating Profit to Average Assets 1.15%
Overhead Efficiency Ratio 62.78%
Return on Assets 1.15%
Return on Equity 14.79%