Bank Safety Analysis
Is Citizens Independent Bank Safe?
Citizens Independent Bank meets regulatory minimums but is on the watch band for 1 of 5 safety dimensions. Analysis based on the Q2 2026 call report.
Net interest margin rose 0.14 percentage points from Q1 2026 to Q2 2026, ending at 3.96% against 3.82%. It was the largest change among the key lines on this page. Citizens Independent Bank ranks 40th of 161 Minnesota banks on CET1 ratio, in the upper half at 17.44% (Q2 2026). Citizens Independent Bank reported 17.44% on CET1 ratio for Q2 2026, 2.37 points above the 15.07% median for banks in the $100M-1B asset tier. From Q3 2023 to Q2 2026, Citizens Independent Bank's CET1 ratio ranged between 16.07% (Q1 2024) and 17.60% (Q4 2025) and its Texas ratio ranged between 1.58% (Q1 2025) and 26.58% (Q4 2025). Compared with Q2 2025, Citizens Independent Bank's CET1 ratio from 16.74% to 17.44%, noncurrent loans to total loans from 2.04% to 0.21%, Texas ratio from 12.92% to 3.99%, return on assets from -0.79% to 0.51% in Q2 2026.
Data as of · sourced from FFIEC call reports. How we update
A relative risk score, not a calibrated probability: it ranks this bank against every other filer. Model AUC 0.988 (v20261005_114304). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk, and its accuracy above roughly $10B in assets is not established, so a low score is not evidence of safety. See the methodology. This is not investment advice or a credit rating.
Scorecard by dimension
Peer cohort: banks with $100M to $1B in assets (2,672 banks) · Industry averages as of Q2 2026.
CET1 of 17.44% sits comfortably above the 6.5% well-capitalized threshold under Prompt Corrective Action and the 7.0% level required once the capital conservation buffer is included.
Tier 1 leverage of 12.31% is above the 5% well-capitalized threshold.
Nonperforming loans at 0.21% are within industry-normal range.
Texas Ratio of 4.0% is well below the 100% historical failure threshold.
Efficiency ratio of 83.5% is elevated, suggesting cost-to-revenue pressure.
Risk screens
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | 17.44% | Flags below 7% | Within range |
| Texas ratio BankRegReports band | 3.99% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 0.21% | Flags at 3% or above | Within range |
| Uninsured deposit share BankRegReports band | — | Watch at 50%, concern at 70% | Not reported |
| Loan-to-deposit ratio BankRegReports band | 78.24% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 159.05% | Watch at 200%, concern at 300% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Watch at 10%, concern at 25% | Within range |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q2 2026 | 17.44% |
| Q1 2026 | 17.43% |
| Q4 2025 | 17.60% |
| Q3 2025 | 17.30% |
| Q2 2025 | 16.74% |
| Q1 2025 | 16.35% |
| Q4 2024 | 17.34% |
| Q3 2024 | 16.65% |
| Q2 2024 | 16.56% |
| Q1 2024 | 16.07% |
| Q4 2023 | 16.44% |
| Q3 2023 | 16.10% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 3.99% |
| Q1 2026 | 3.44% |
| Q4 2025 | 26.58% |
| Q3 2025 | 12.85% |
| Q2 2025 | 12.92% |
| Q1 2025 | 1.58% |
| Q4 2024 | 2.05% |
| Q3 2024 | 1.97% |
| Q2 2024 | 2.26% |
| Q1 2024 | 18.14% |
| Q4 2023 | 17.69% |
| Q3 2023 | 21.09% |
Citizens Independent Bank by quarter
| Quarter end | CET1 | Noncurrent loans | Texas ratio | ROA |
|---|---|---|---|---|
| Jun 30, 2026 | 17.44% | 0.21% | 3.99% | 0.51% |
| Mar 31, 2026 | 17.43% | 0.10% | 3.44% | 0.55% |
| Dec 31, 2025 | 17.60% | 4.70% | 26.58% | -0.02% |
| Sep 30, 2025 | 17.30% | 1.97% | 12.85% | 0.55% |
| Jun 30, 2025 | 16.74% | 2.04% | 12.92% | -0.79% |
| Mar 31, 2025 | 16.35% | 0.23% | 1.58% | 0.49% |
| Dec 31, 2024 | 17.34% | 0.31% | 2.05% | 0.90% |
| Sep 30, 2024 | 16.65% | 0.31% | 1.97% | 0.60% |
| Jun 30, 2024 | 16.56% | 0.33% | 2.26% | 0.36% |
| Mar 31, 2024 | 16.07% | 2.55% | 18.14% | 0.30% |
| Dec 31, 2023 | 16.44% | 2.57% | 17.69% | 0.37% |
| Sep 30, 2023 | 16.10% | 2.64% | 21.09% | 0.54% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is Citizens Independent Bank FDIC insured?
Yes. Citizens Independent Bank is an FDIC-insured commercial bank (FDIC Certificate #16863). Customer deposits are protected up to the standard FDIC insurance limit of $250,000 per depositor, per ownership category.
Is Citizens Independent Bank well capitalized?
Yes. Citizens Independent Bank reports a CET1 Ratio of 17.44%, comfortably above the regulatory well-capitalized threshold that its primary federal regulator, the FDIC, applies under Prompt Corrective Action.
What is Citizens Independent Bank's nonperforming loan ratio?
As of the most recent call report, Citizens Independent Bank's nonperforming loan ratio is 0.21%. Nonperforming loans at 0.21% are within industry-normal range.
What is Citizens Independent Bank's Texas Ratio?
Citizens Independent Bank's Texas Ratio is 3.99%. It compares nonperforming assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
How safe is my money at any FDIC-insured bank?
FDIC insurance covers up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC typically pays insured depositors within one business day.
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Methodology & disclaimer
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice. FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 16863) · FFIEC NIC profile (RSSD 825753)
Explore: Full Citizens Independent Bank profile · Other banks in MN · Metric glossary · How the call report works