The Citizens National Bank of Park Rapids
Also written as CNB of Park Rapids
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Data as of · sourced from FFIEC call reports. How we update
The Citizens National Bank of Park Rapids is an FDIC-insured commercial bank headquartered in Park Rapids, MN, supervised by the OCC, with $397.0M in total assets at Q2 2026, up 3.1% from Q2 2025, the 67th largest of 221 banks headquartered in Minnesota. It was established in 1933 and holds FDIC certificate 5223. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.70% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 5223
- Headquarters
- Park Rapids, MN
- Established
- 1933
- Total assets, Q2 2026
- $397.0M
- Assets vs Q2 2025
- +3.1%
- Tier 1 leverage ratio, Q2 2026
- 11.70%
- Domestic offices
- 1 · The Citizens National Bank of Park Rapids branches FDIC institution directory, current count
- Routing number
- 091202325
- Safety and soundness
- Is The Citizens National Bank of Park Rapids safe?
- Latest call report
- Q2 2026, FFIEC 051 · The Citizens National Bank of Park Rapids Q3 2026 call report, filed October 28, 2026 (preliminary)
- Holding company
- PARK RAPIDS BANCSHARES, INC.
- Asset rank in state
- 67th of 221 in Minnesota
Problem loans are rising at The Citizens National Bank of Park Rapids. It reported $397 million in assets at June 30, 2026, up 3.1% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.10% of loans from 0.18% a year earlier. It earns about $1.75 a year on every $100 of assets, higher than about three-quarters of the 2,627 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 52 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 61 cents).
Net income for the quarter rose 16% from a year earlier, to $1.7 million. Over the same year, loans grew 9.5% and deposits grew 2.5%.
As of June 30, 2026, The Citizens National Bank of Park Rapids reported a return on assets of 1.75%, a nonperforming-loan ratio of 1.10% and a Texas ratio of 6.83%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, The Citizens National Bank of Park Rapids is the 67th largest of the 221 banks headquartered in Minnesota. Between Q1 2026 and Q2 2026, its total assets rose 4.5% to $397.0M, loans rose 4.2% and deposits rose 5.2%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 42.7% of total loans, ahead of owner-occupied commercial real estate loans at 14.8%. Its one office in the FDIC Summary of Deposits is in Park Rapids, MN. By the capital ratios in its Q2 2026 call report, The Citizens National Bank of Park Rapids meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 300 1st St W, Park Rapids, MN 56470
- County
- Hubbard
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1933
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 49
- Domestic deposits
- $348.1M
- Allowance for credit losses
- $5.0M
- Net charge-offs (YTD)
- $63K
- Average total assets
- $393.7M
- Average total loans
- $298.8M
- Average interest-bearing deposits
- $289.1M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5223
- Fed RSSD
- 877752
- Website
- www.cnbbank.com →
- Parent Holding Company
- PARK RAPIDS BANCSHARES, INC. (RSSD 1124613)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, The Citizens National Bank of Park Rapids reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
The Citizens National Bank of Park Rapids's total assets moved between a low of $335.9M (Q1 2024) and a high of $397.0M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$397.0M total assets against $385.2M; $351.6M total liabilities against $343.1M.
$307.7M net loans and leases against $281.0M; $348.1M total deposits against $339.7M.
$71.5M securities against $63.4M; $6.3M cash and balances due against $30.0M.
$5.9M total interest income against $5.3M; $1.7M total interest expense against $1.7M.
$4.1M net interest income against $3.6M.
$413K total noninterest income against $383K; $2.4M total noninterest expense against $2.2M.
$105K provision for credit losses against $75K.
$1.7M net income against $1.5M.
1.75% return on assets against 1.61%; 4.39% net interest margin against 4.10%.
11.70% tier 1 leverage ratio against 11.56%.
Inside the full The Citizens National Bank of Park Rapids terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Citizens National Bank of Park Rapids rankings
Its closest position to the top of a national ranking is 814 of 3,611, for ROA; its furthest is 2,057 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.41% (Q4 2024) to 2.13% (Q3 2025) and its net interest margin ran from 3.82% (Q3 2024) to 4.43% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.70% | 1.75% | 1.10% | 6.83% | 4.39% |
| Q1 2026 | 12.28% | 2.09% | 0.63% | 3.92% | 4.31% |
| Q4 2025 | 11.84% | 1.56% | 0.49% | 3.51% | 4.43% |
| Q3 2025 | 11.65% | 2.13% | 0.53% | 3.02% | 4.33% |
| Q2 2025 | 11.56% | 1.61% | 0.22% | 1.32% | 4.10% |
| Q1 2025 | 12.07% | 1.72% | 0.26% | 1.51% | 3.84% |
| Q4 2024 | 11.67% | 1.41% | 0.60% | 3.85% | 3.85% |
| Q3 2024 | 11.53% | 1.65% | 0.20% | 1.64% | 3.82% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| The Citizens National Bank of Park Rapids | Park Rapids , MN | 56470 | $348.1M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC)
- November 24, 2009, OCC: Formal Agreement: The Citizens National Bank of Park Rapids
- Period: Most recent institution action November 24, 2009. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in MN, rank 85 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $381K approved, $191K 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
- Mortgage lending (HMDA), 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 The Citizens National Bank of Park Rapids
What are The Citizens National Bank of Park Rapids's total assets?
As of the Q2 2026 filing, The Citizens National Bank of Park Rapids reported total assets of $397.0 million in its FFIEC call report.
Where is The Citizens National Bank of Park Rapids headquartered?
It is headquartered in Park Rapids, MN, United States.
When was The Citizens National Bank of Park Rapids founded?
It was established in 1933, per the FDIC institution directory.
Is The Citizens National Bank of Park Rapids FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5223). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Citizens National Bank of Park Rapids?
The Citizens National Bank of Park Rapids's primary federal regulator is the OCC.
How many branches does The Citizens National Bank of Park Rapids operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Citizens National Bank of Park Rapids's Texas Ratio?
Its Texas Ratio is 6.83% 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.
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