Citizens State Bank (Royal Oak, MI)
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Data as of · sourced from FFIEC call reports. How we update
Citizens State Bank is an FDIC-insured commercial bank headquartered in Royal Oak, MI, established in 1910 (FDIC certificate 8183), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $581.0M, up 41.1% from Q2 2025, the 28th largest of 72 banks headquartered in Michigan. It reports no CET1 ratio; its Tier 1 leverage ratio was 8.58% at Q2 2026, not above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 8183
- Headquarters
- Royal Oak, MI
- Established
- 1910
- Total assets, Q2 2026
- $581.0M
- Assets vs Q2 2025
- +41.1%
- Tier 1 leverage ratio, Q2 2026
- 8.58%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 072414501
- Holding company
- CITIZENS BANCSHARES, INC.
- Asset rank in state
- 28th of 72 in Michigan
Citizens State Bank is one of the more profitable banks of its size. Based in Royal Oak, Michigan, it had $581 million in assets at June 30, 2026, up 41.1% from a year earlier. It returns 22.7% a year on shareholders' equity, about double the median of 12.5% for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 39 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
Earnings jumped: net income for the quarter was $2.6 million, 72% above the same quarter a year earlier. Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.18% of loans from 1.57%. Where it has less room is capital: it funds 8.58% of its assets with Tier 1 capital, lower than about 9 in 10 banks its size (median 10.99%).
As of June 30, 2026, Citizens State Bank reported a return on assets of 1.84%, a nonperforming-loan ratio of 0.18% and a Texas ratio of 1.56%. The figures come from its call report filed with the FFIEC.
Citizens State Bank ranks as the 28th largest of the 72 banks based in Michigan, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 6.8% to $581.0M, loans rose 9.7% and deposits rose 6.8%. Owner-occupied commercial real estate loans made up 32.4% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 24.7%. Its 3 offices in the FDIC Summary of Deposits are in Royal Oak, MI, Ontonagon, MI and Farmington Hills, MI; its Royal Oak office books 78% of its branch deposits. On its Q2 2026 call report, Citizens State Bank is inside the community bank leverage ratio grace band.
Headquarters Profile
- Address
- 32500 Woodward Ave, Royal Oak, MI 48073
- County
- Oakland
- Metro Area
- Detroit-Warren-Dearborn, MI
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- December 6, 1910
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 55
- Domestic deposits
- $530.5M
- Allowance for credit losses
- $5.1M
- Net charge-offs (YTD)
- $567K
- Average total assets
- $572.8M
- Average total loans
- $440.7M
- Average interest-bearing deposits
- $386.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8183
- Fed RSSD
- 356752
- Website
- www.micsb.com →
- Parent Holding Company
- CITIZENS BANCSHARES, INC. (RSSD 1129047)
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, Citizens State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Citizens State Bank's total assets ranged from $222.0M (Q3 2023) to $581.0M (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
$581.0M total assets against $411.7M; $533.0M total liabilities against $376.1M.
$450.5M net loans and leases against $290.4M; $530.5M total deposits against $374.9M.
$53.4M securities against $66.9M; $59.1M cash and balances due against $43.1M.
$9.8M total interest income against $6.2M; $3.1M total interest expense against $1.8M.
$6.7M net interest income against $4.4M.
$882K total noninterest income against $772K; $3.0M total noninterest expense against $2.3M.
$1.4M provision for credit losses against $974K.
$2.6M net income against $1.5M.
1.84% return on assets against 1.58%; 5.00% net interest margin against 4.95%.
8.58% tier 1 leverage ratio against 9.37%.
Inside the full Citizens State 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 State Bank rankings
Its closest position to the top of a national ranking is 171 of 3,606, for efficiency ratio; its furthest is 2,444 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.56% (Q4 2024) to 2.04% (Q3 2024) and its net interest margin ran from 3.98% (Q4 2025) to 5.13% (Q3 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 8.58% | 1.84% | 0.18% | 1.56% | 5.00% |
| Q1 2026 | 8.85% | 1.83% | 0.05% | 0.40% | 4.40% |
| Q4 2025 | 9.01% | 1.38% | 0.79% | 6.33% | 3.98% |
| Q3 2025 | 9.07% | 0.99% | 0.13% | 1.04% | 4.81% |
| Q2 2025 | 9.37% | 1.58% | 1.57% | 11.78% | 4.95% |
| Q1 2025 | 9.29% | 1.72% | 0.38% | 2.61% | 4.80% |
| Q4 2024 | 9.77% | 0.56% | 0.43% | 2.80% | 4.85% |
| Q3 2024 | 10.01% | 2.04% | 0.16% | 0.96% | 5.13% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| Citizens State Bank (main office) | Royal Oak , MI | 48073 | $412.9M |
| Ontonagon Branch | Ontonagon , MI | 49953 | $66.8M |
| Farmington Hills Branch | Farmington Hills , MI | 48334 | $50.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in MI, rank 38 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, 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 State Bank
What are Citizens State Bank's total assets?
As of the Q2 2026 filing, Citizens State Bank reported total assets of $581.0 million in its FFIEC call report.
Where is Citizens State Bank headquartered?
It is headquartered in Royal Oak, MI, United States.
When was Citizens State Bank founded?
It was established in 1910, per the FDIC institution directory.
Is Citizens State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8183). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Citizens State Bank?
Citizens State Bank's primary federal regulator is the Federal Reserve.
How many branches does Citizens State Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Citizens State Bank's Texas Ratio?
Its Texas Ratio is 1.56% 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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