FIRST INDEPENDENT BANK

FIRST INDEPENDENT BANK is amn medium FDIC-insured commercial bank headquartered in RUSSELL, MN, established in Jan. 1, 1903, midnight. As of 2025-12-31, the bank reported total assets of $600M and total deposits of $507M. Profitability stands at 0.98% ROA and 12.33% ROE, with a net interest margin of 3.89%. The bank's CET1 capital ratio is 10.31%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.13% and a Texas Ratio of 1.38%. FDIC Certificate #1900.