Citizens State Bank of Lankin

401 Main Street
Lankin, ND 58250

Notable Rates APY Vs.Others
Savings 0.10% 2.10% →
1-Year CD 1.76% 2.15% →
2-Year CD 2.01% 2.20% →
5-Year CD 2.52% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Citizens State Bank of Lankin is an FDIC insured institution located in Lankin, ND. It was founded in 1905 and has approximately $0.05 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 9422
Date Established 1905
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.01 billion
 

For a more detailed analysis of Citizens State Bank of Lankin's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - February 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.75% $500 - Learn MoreShow Less
6 Mo CD
1.00% $500 - Learn MoreShow Less
12 Mo CD
1.76% $500 - Learn MoreShow Less
24 Mo CD
2.01% $1,000 - Learn MoreShow Less
36 Mo CD
2.26% $1,000 - Learn MoreShow Less
60 Mo CD
2.52% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.76% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $900 - Learn MoreShow Less

Loan Rates - February 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citizens State Bank of Lankin

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.146% 3.125% 0.25 $665 $1,071 Learn More
Rocket Mortgage
NMLS ID: 3030
4.668% 4.625% 0.00 $1,250 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Citizens State Bank of Lankin
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Branches

Citizens State Bank of Lankin branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Citizens State Bank of Lankin Locations


Financial Details

Citizens State Bank of Lankin Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens State Bank of Lankin. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Citizens State Bank of Lankin U.S. Bank Average
5.12% 6.70%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2019, Citizens State Bank of Lankin had $290,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,321,000 in equity and $344,000 in loans loss reserves. That gives it a Texas Ratio of 5.12%.

Return on Equity
Citizens State Bank of Lankin U.S. Bank Average
12.88% 9.72%

Citizens State Bank of Lankin has a Return on Equity of 12.88% versus the BestCashCow average of 9.72%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Citizens State Bank of Lankin U.S. Bank Average
11.07% 12.89%

Citizens State Bank of Lankin has a Capitalization of 11.07% versus the BestCashCow average of 12.89. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Citizens State Bank of Lankin Balance Sheet Analysis

As of September 30, 2019, Citizens State Bank of Lankin had assets of $48,074,000, loans of $29,769,000, and deposits of $36,058,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 95.18%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.04 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Citizens State Bank of Lankin’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in North Dakota, Citizens State Bank of Lankin has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 2.65
Multifamily
Mortgages
1.65
Credit Card Loans 0.00
Consumer Auto Loans 1.90
Small Business Loans 13.92
Construction and Development Loans 0.00
Commercial Real Estate 13.92
Commercial and Industrial Loans 17.72
Farm Loans 28.30

Frequently Asked Questions About Citizens State Bank Of Lankin

Branches and Savings

Is Citizens State Bank Of Lankin FDIC insured?

Yes. It is covered under FDIC Certificate #9422.

Why does Citizens State Bank Of Lankin pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Citizens State Bank Of Lankin CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Citizens State Bank Of Lankin a commercial bank?

Yes

Where are Citizens State Bank Of Lankin locations?

See branch locations nearby.

Is Citizens State Bank Of Lankin open on Saturdays?

Is Citizens State Bank Of Lankin open on Sundays?

What time does Citizens State Bank Of Lankin open?

What time does Citizens State Bank Of Lankin close?

Are Citizens State Bank Of Lankin ATMs Open 24/7?

Do Citizens State Bank Of Lankin ATMs accept cash deposits?

Can Citizens State Bank Of Lankin customers use other ATMs?

Do Citizens State Bank Of Lankin branches have notaries?

Will Citizens State Bank Of Lankin notarize my document?

What address for Citizens State Bank Of Lankin should I put for incoming ACH transfers?

Will the Citizens State Bank Of Lankin branch print checks?

Do Citizens State Bank Of Lankin checks expire?

Does Citizens State Bank Of Lankin require US citizenship to open account?

Can Citizens State Bank Of Lankin close my account?

Does Citizens State Bank Of Lankin Report to credit bureaus?

Does Citizens State Bank Of Lankin Use Equifax?

What is Citizens State Bank Of Lankin's ACH Routing Number?

What is Citizens State Bank Of Lankin's SWIFT code?

Products

Does Citizens State Bank Of Lankin offer mortgages?

Compare mortgage rates here.

Does Citizens State Bank Of Lankin offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens State Bank Of Lankin offer personal loans?

Compare personal loan rates here.

Does Citizens State Bank Of Lankin offer student loans?

Will Citizens State Bank Of Lankin cash a check?

Will Citizens State Bank Of Lankin redeem a savings bond?

Does Citizens State Bank Of Lankin cash savings bonds?

Will Citizens State Bank Of Lankin cash money orders?

Can Citizens State Bank Of Lankin issue a money order?

Does Citizens State Bank Of Lankin do currency exchange?

Background on The Bank

Who owns Citizens State Bank Of Lankin?

How long has Citizens State Bank Of Lankin been around?

Can Citizens State Bank Of Lankin transfer to other banks?

Does Citizens State Bank Of Lankin have quick pay?

Does Citizens State Bank Of Lankin accept rolled coins?

Will Citizens State Bank Of Lankin accept loose change?

Where is Citizens State Bank Of Lankin headquarters?

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