# CITIZENS INDEPENDENT BANK
SAINT LOUIS PARK, MN · FDIC certificate 16863 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $314.2M | |
| Deposits | $267.0M | |
| Loans and leases | $208.9M | |
| Total equity | $31.2M | |
| Loans / deposits | 77.55% (p40 of band) | 82.04% |
| Liquid assets / assets | 29.89% (p64 of band) | |
| Uninsured deposits / deposits | 20.07% (p29 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.79% (p47 of band) | |
| FHLB advances / assets | 2.79% | |
| Tier 1 leverage | 12.31% (p72 of band) | 10.81% |
| Unrealized securities loss / equity | -33.33% (p11 of band) | -8.10% |
| AOCI / equity | -0.63% (p36 of band) | |
| ROA (annualized) | 0.53% (p12 of band) | 1.28% |
| Net interest margin | 4.02% (p56 of band) | 3.91% |
| Efficiency ratio | 82.98% (p91 of band) | |
| Noncurrent loans | 0.14% (p28 of band) | 0.43% |
| Net charge-offs (annualized) | 1.86% (p99 of band) | |
| Reserve coverage of noncurrent | 633.45% | |
| Real estate % of loans | 76% | |
| Construction % of loans | 19.33% (p24 of band) | |
| Auto loans | $17.6M (8.44% of loans; DQ 0.05%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.5% | |
| Employees | 58 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 1 |  | charge-offs p90 |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | losing money |  |
| 2012-03 | 1 |  | losing money |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | charge-offs p90 |  |
| 2013-06 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2013-09 | 2 |  | noncurrent p90 |
| 2013-12 | 2 |  |  |
| 2014-03 | 2 |  |  |
| 2014-06 | 2 | noncurrent p90 | charge-offs p90 |
| 2014-09 | 2 | deposits shrinking | noncurrent p90 |
| 2014-12 | 4 | expense ratio p90, noncurrent p90 |  |
| 2015-03 | 2 | charge-offs p90 | deposits shrinking, expense ratio p90, noncurrent p90 |
| 2015-06 | 1 |  | reserve under noncurrent |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 3 | expense ratio p90, noncurrent p90, reserve under noncurrent | charge-offs p90 |
| 2016-06 | 2 |  | noncurrent p90 |
| 2016-09 | 0 |  | expense ratio p90, reserve under noncurrent |
| 2016-12 | 1 | assets shrinking |  |
| 2017-03 | 0 |  | assets shrinking |
| 2017-06 | 1 | reserve under noncurrent |  |
| 2017-09 | 2 | capital falling |  |
| 2017-12 | 0 |  | reserve under noncurrent, capital falling |
| 2018-03 | 1 | assets shrinking |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | assets shrinking |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 1 | expense ratio p90 |  |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity |  |
| 2022-06 | 2 | securities losses >30% of equity | expense ratio p90 |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | deposits shrinking | AOCI drag >20% of equity |
| 2023-06 | 3 | uninsured deposits leaving |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | assets shrinking |  |
| 2024-06 | 3 |  | uninsured deposits leaving |
| 2024-09 | 1 |  | deposits shrinking, assets shrinking |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 3 | capital falling, losing money |  |
| 2025-09 | 3 | noncurrent p90, assets shrinking | capital falling, losing money |
| 2025-12 | 4 | expense ratio p90, reserve under noncurrent | assets shrinking |
| 2026-03 | 2 | charge-offs p90 | noncurrent p90, expense ratio p90, reserve under noncurrent |
| 2026-06 | 3 | expense ratio p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-04-25 [Small Business Week: Citizens Independent Bank, Celebrating 75 Years - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxQUUd0NlQ2OGFWMGlPTU9EcGhlM1ZjRlNRV2VsMGlyQUNTLTZheFR0cUlTcnUwLWxiNmNyd0ZQeDhaVUVwQ0VJd3RMSWI3RU5BS0hFSGpmcVd1ek9SRmhiMF9iN0FOQmlkX2daMG4tUEk5UnRtbTVzVjRzREgxTlFXLV9sQVVOdnVhZnFONERVOHZQTlQwblE?oc=5) · The Business Journals
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- 2026-07-20 [Man marshals parade 20 years after his mom — in the same car - hometownsource.com](https://news.google.com/rss/articles/CBMi8AFBVV95cUxPSzBUTVJOYkIxY0thUGVWOUh3Ti0teTdaTEwzSFJFRHA2d2t3bE0wSjRWaVZDNzMweXBoS1hoYXd0dV94QW5Hc25WSVZIYmFuQkNOLVVYMVZRRC1seTNDNWZvay15WTNPMkR2MTZRcWt4cHRKbGUyeThQZjJNNW1neXdvOFhwWVgtNUZlWVp1QTFoZ0JmaFJzaWRvajYxcU4zdVlwamlIZGE5bVJwbDIzcW1yelBxNWNaTENhSWlMSHVvZEpOZG1nNFZ4ekFBRlVOel9zeTk1a2J5eFpFNVlxbXVjZXpCYmpIc3l2U0JGUnA?oc=5) · hometownsource.com
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- 2025-02-09 [Richard David Milnar - Star Tribune](https://news.google.com/rss/articles/CBMieEFVX3lxTE8zWlg0WExYVk83bGU5dlcxamxpT3piUTE0WDBmYVplLWxqRjdQZ0pfY2VKWTdMX3VHV1RJS284Z0NoZGoxSVh0VjQ0Z3lWMGM1TEpJT1VRbnVHdnp4TlVSWHBad0E2UEpCdGphenlZRHZQQmREZjhnXw?oc=5) · Star Tribune
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- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16863 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/31.json (key "16863", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide