Citizens Alliance Bank
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Data as of · sourced from FFIEC call reports. How we update
Citizens Alliance Bank is an FDIC-insured commercial bank headquartered in Clara City, MN, established in 1902 (FDIC certificate 1402), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.44B, down 3.3% from Q2 2025, the 12th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 12.58% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1402
- Headquarters
- Clara City, MN
- Established
- 1902
- Total assets, Q2 2026
- $1.44B
- Assets vs Q2 2025
- -3.3%
- CET1 ratio, Q2 2026
- 12.58%
- Domestic offices
- 17 FDIC institution directory, current count
- Routing number
- 091904856
- Latest call report
- Q2 2026, FFIEC 041 · Citizens Alliance Bank call report
- Holding company
- FORSTROM BANCORPORATION, INC.
- Asset rank in state
- 12th of 221 in Minnesota
Problem loans are rising at Citizens Alliance Bank. The Clara City, Minnesota bank had $1.4 billion in assets at June 30, 2026, down 3.3% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.48% of loans from 0.52% a year earlier. It holds about half of its deposits (50%) above the FDIC insurance limit, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 30.9%). It also lost 5.7% of its deposits over the year, lower than about 9 in 10 banks its size (median 5.1%).
Earnings jumped: net income for the quarter was $4.4 million, 51% above the same quarter a year earlier. Delinquency has appeared in its $165 million non-owner-occupied commercial real estate book: 2.64% of those loans are past due or on nonaccrual, against almost none a year earlier. Credit is the area to watch: it carries problem assets equal to 10.7% of the capital and reserves that would absorb them, about triple the median of 3.6% for banks its size.
As of June 30, 2026, Citizens Alliance Bank reported a CET1 capital ratio of 12.58%, a return on assets of 1.23%, a nonperforming-loan ratio of 1.48% and a Texas ratio of 10.74%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Citizens Alliance Bank is the 12th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.2% to $1.44B, loans rose 3.3% and deposits fell 2.7%. Non-owner-occupied commercial real estate loans made up 16.3% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 15.6%. The FDIC Summary of Deposits lists 17 offices for it, in 17 cities across 2 states; its Granite Falls office books 26% of its branch deposits. On its Q2 2026 call report, Citizens Alliance Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 55 1st St Nw, Clara City, MN 56222
- County
- Chippewa
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- July 2, 1902
- Former names
- Citizens State Bank of Clara City (1988-2010)
- Domestic offices
- 17 FDIC institution directory, current count
- Employees (FTE)
- 214
- Domestic deposits
- $1.22B
- Allowance for credit losses
- $11.3M
- Net charge-offs (YTD)
- -$6K
- Average total assets
- $1.45B
- Average total loans
- $999.6M
- Average interest-bearing deposits
- $1.19B
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1402
- Fed RSSD
- 279954
- SEC CIK
- 1925103 → filed by FORSTROM BANCORPORATION, INC.
- Website
- www.citizensalliancebank.com →
- Parent Holding Company
- FORSTROM BANCORPORATION, INC. (RSSD 1128134)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Citizens Alliance Bank's total assets moved between a low of $1.44B (Q2 2026) and a high of $1.62B (Q4 2023) from Q3 2023 to Q2 2026, and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.44B total assets against $1.48B; $1.29B total liabilities against $1.35B.
$1.00B net loans and leases against $962.4M; $1.22B total deposits against $1.30B.
$287.7M securities against $315.2M; $56.1M cash and balances due against $117.3M.
$19.3M total interest income against $20.3M; $6.9M total interest expense against $7.5M.
$12.4M net interest income against $12.8M.
$1.7M total noninterest income against $1.6M; $9.5M total noninterest expense against $10.4M.
$82K provision for credit losses against -$144K.
$4.4M net income against $3.0M.
1.23% return on assets against 0.78%; 3.73% net interest margin against 3.65%.
12.58% CET1 capital ratio against 12.69%; 9.81% tier 1 leverage ratio against 9.08%.
Inside the full Citizens Alliance Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Citizens Alliance Bank rankings
Its closest position to the top of a national ranking is 104 of 980, for uninsured deposits; its furthest is 1,531 of 2,134, for CET1 ratio.
Metric pages for Citizens Alliance Bank: Uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.82% (Q1 2026) to 1.33% (Q1 2025) and its net interest margin ran from 3.48% (Q3 2025) to 3.93% (Q1 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.58% | 1.23% | 1.48% | 10.74% | 3.73% |
| Q1 2026 | 12.91% | -0.82% | 0.62% | 4.36% | 3.63% |
| Q4 2025 | 13.06% | 0.77% | 0.11% | 0.74% | 3.60% |
| Q3 2025 | 12.86% | 0.92% | 0.97% | 6.87% | 3.48% |
| Q2 2025 | 12.69% | 0.78% | 0.52% | 3.97% | 3.65% |
| Q1 2025 | 12.56% | 1.33% | 0.11% | 0.95% | 3.93% |
| Q4 2024 | 12.21% | 0.59% | 0.51% | 3.96% | 3.79% |
| Q3 2024 | 12.09% | 0.88% | 0.51% | 3.84% | 3.56% |
Swipe the table sideways to see every column.
Branch Network
View all 17 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Granite Falls Branch | Granite Falls , MN | 56241 | $318.3M |
| Citizens Alliance Bank (main office) | Clara City , MN | 56222 | $249.9M |
| Butte Branch | Butte , MT | 59701 | $74.8M |
| Howard Lake Branch | Howard Lake , MN | 55349 | $74.0M |
| Great Falls, Mt Branch | Great Falls , MT | 59404 | $68.8M |
| Lake Lillian Branch | Lake Lillian , MN | 56253 | $67.6M |
| Seeley Lake Branch | Seeley Lake , MT | 59868 | $54.9M |
| Philipsburg Branch | Philipsburg , MT | 59858 | $52.9M |
| First Bank of Lincoln Branch | Lincoln , MT | 59639 | $42.9M |
| Watertown Branch | Watertown , MN | 55388 | $42.1M |
| Cascade Branch | Cascade , MT | 59421 | $37.3M |
| Drummond Branch | Drummond , MT | 59832 | $30.2M |
| Sacred Heart Branch | Sacred Heart , MN | 56285 | $30.2M |
| Echo Branch | Echo , MN | 56237 | $26.4M |
| Murdock Branch | Murdock , MN | 56271 | $26.1M |
| Montevideo Mn Branch | Montevideo , MN | 56265 | $19.5M |
| Maynard Branch | Maynard , MN | 56260 | $5.1M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 11, 2025 | Structure Change | Acquired Stockmens Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 10, 2025 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 3, 2023 | Structure Change | Acquired Granite Mountain Bank Inc dba Granite Mountain Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 2, 2023 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 17, 2019 | Structure Change | Acquired Farmers and Merchants State Bank of Sacred Heart Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 16, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 23, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 23, 2016 | Structure Change | Acquired First Bank of Lincoln Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 26, 2014 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 26, 2014 | Structure Change | Acquired First Valley Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 18, 2013 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 18, 2013 | Structure Change | Acquired First State Bank of Murdock Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 15, 2011 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 15, 2011 | Structure Change | Acquired Security State Bank of Howard Lake Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 1, 2007 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 1, 2007 | Structure Change | Acquired Yellow Medicine County Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 2005 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2005 | Structure Change | Acquired First State Bank, Lake Lillian, Minnesota Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 1, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 1991 | Structure Change | Acquired Security State Bank of Maynard Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 1, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 1, 1987 | Structure Change | Acquired Americana State Bank of Clara City Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 22 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in MN, rank 28 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 191 applications, 154 loans originated, $50.1M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $752K approved, $752K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Citizens Alliance Bank
What are Citizens Alliance Bank's total assets?
As of the Q2 2026 filing, Citizens Alliance Bank reported total assets of $1.44 billion in its FFIEC call report.
Where is Citizens Alliance Bank headquartered?
It is headquartered in Clara City, MN, United States.
When was Citizens Alliance Bank founded?
It was established in 1902, per the FDIC institution directory.
Is Citizens Alliance Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1402). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Citizens Alliance Bank?
Citizens Alliance Bank's primary federal regulator is the FDIC.
What is Citizens Alliance Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.58% in its Q2 2026 call report, above regulatory requirements.
How many branches does Citizens Alliance Bank operate?
It operates 17 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Citizens Alliance Bank's Texas Ratio?
Its Texas Ratio is 10.74% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Citizens Alliance Bank previously called?
The charter now named Citizens Alliance Bank has also operated as Citizens State Bank of Clara City (1988-2010), per FDIC structure-change records.
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