Citizens State Bank of Roseau in Roseau, Minnesota (MN)



Show street view No street view available for this location

Citizens State Bank of Roseau routing number info

Table of contents:
Citizens State Bank of Roseau
GeneralFDIC Certificate #: 10167
Status: Active
Federal Reserve ID: 822051
Bank Holding Company (Regulatory Top Holder): Roseau Realty Co., Inc. (RSSDID: 2613589, Location: Roseau, MN)
Date Established: May 03, 1905
WWW: http://www.citizensros.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 15719
FDIC's unique #: 6508
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 118 Main Avenue South, Roseau, MN 56751
County: Roseau
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $191.7 mil
Equity capital: $25.9 mil
Deposits held in domestic offices: $161.1 mil
Return on assets (ROA): 1.68% ($3.2 mil)
Quarterly return on assets: 1.71% ($3.3 mil)
Return on Equity (ROE): 12.94% ($3.4 mil)
Quarterly return on equity: 12.60% ($3.3 mil)
Net income: $3.2 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.68% ($3,220.2 mil)
Quarterly Pretax return on assets: 1.71% ($3,277.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)41
Total assets$191,678
Cash and due from depository institutions$5,286
Interest-bearing balances$1,000
Securities$95,062
Federal funds sold & reverse repurchase agreements$6,850
Net loans & leases$81,012
Loan loss allowance $1,125
Trading account assets$0
Bank premises and fixed assets$885
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,583
Life insurance assets$191,678
Total liabilities and capital$165,742
Total liabilities$161,053
Total deposits$137,995
Interest-bearing deposits$161,053
Deposits held in domestic offices$80
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,000
Other borrowed funds $0
Subordinated debt $689
All other liabilities $25,936
Total equity capital$25,936
Total bank equity capital$25,936
Perpetual preferred stock$0
Common stock$200
Surplus$10,000
Undivided profits $15,736
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $478
Earning assets $0
Long-term assets (5+ years) $1,350
Average Assets, year-to-date $183,924
Average Assets, quarterly $58,439
Volatile liabilities $189,395
Insider loans $190,032
FHLB advances $112,880
Loans and leases held for sale $191,238
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $22,840
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,947
Derivatives$3,155
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,738
Total interest expense $1,510
Net interest income $6,228
Provision for loan and lease losses $186
Total noninterest income $991
Fiduciary activities $0
Service charges on deposit accounts $397
Trading account gains & fees $0
Additional noninterest income $594
Total noninterest expense $3,870
Salaries and employee benefits $2,536
Premises and equipment expense $428
Additional noninterest expense $906
Pre-tax net operating income $3,163
Securities gains (losses) $22
Applicable income taxes $2
Income before extraordinary items $3,183
Extraordinary gains - net $0
Net income attributable to bank $3,183
Net charge-offs $0
Cash dividends $3,183
Sale, conversion, retirement of capital stock, net $61
Net operating income $2,180
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.24%
Cost of funding earning assets 0.83%
Net interest margin 3.41%
Noninterest income to earning assets 0.54%
Noninterest expense to earning assets 2.12%
Net operating income to assets 1.67%
Return on assets (ROA) 1.68%
Pretax return on assets 1.68%
Return on equity (ROE) 12.94%
Retained earnings to average equity (YTD only) 4.08%
Net charge-offs to loans 0.08%
Credit loss provision to net charge-offs 304.92%
Efficiency ratio54.90%
Assets per employee$53,609
Cash dividends to net income (YTD only)4.68%
Condition Ratios (%)
Loss allowance to loans 68.49%
Loss allowance to noncurrent loans 1.37%
Noncurrent assets plus other real estate owned to assets 235.36%
Noncurrent loans to loans 0.25%
Net loans and leases to deposits0.58%
Net loans and leases to core deposits 50.30%
Equity capital to assets 61.95%
Core capital (leverage) ratio 13.53%
Tier 1 risk-based capital ratio 11.94%
Total risk-based capital ratio 20.23%
Memoranda
Average assets$21
Average earning assets$189,395
Average equity $24,597
Average loans $182,653
Back to page top, Back to table top

1 Minnesota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06508Citizens State Bank Of Roseau118 Main Avenue South, Roseau, MN 56751May 03, 1905Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Citizens State Bank of Roseau.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.