Citizens State Bank of Roseau

Headquarters

118 Main Avenue South
Roseau, MN 56751
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.65% 1.01% →
2-Year CD 0.70% 0.95% →
5-Year CD 0.85% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Citizens State Bank of Roseau is an FDIC insured institution located in Roseau, MN. It was founded in 1905 and has approximately $0.22 billion in assets.

FDIC Insured Yes
FDIC Certificate # 10167
Date Established 1905
Assets $ 224.03 million
Loans $ 121.41 million
Deposits $ 194.06 million
Capital $ 29.22 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.45% $10,000 $14,999 Learn More
3 Mo CD
0.45% $100,000 $199,999 Learn More
6 Mo CD
0.55% $10,000 $14,999 Learn More
6 Mo CD
0.55% $100,000 $199,999 Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
0.85% $10,000 $14,999 Learn More
60 Mo CD
0.85% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

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

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
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.567% 2.500% 0.88 $2,216 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Citizens State Bank of Roseau
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Branches

Citizens State Bank of Roseau 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 Roseau Locations


Financial Details

Citizens State Bank of Roseau Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens State Bank of Roseau. 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 Roseau U.S. Bank Average
8.99% 6.94%

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 March 31, 2020, Citizens State Bank of Roseau had $2,366,000 in non-current loans and $398,000 in owned real estate. To cover these potential losses it had $29,224,000 in equity and $1,535,000 in loans loss reserves. That gives it a Texas Ratio of 8.99%.

Return on Equity
Citizens State Bank of Roseau U.S. Bank Average
10.46% 7.80%

Citizens State Bank of Roseau has a Return on Equity of 10.46% versus the BestCashCow average of 7.80%. 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 Roseau U.S. Bank Average
13.04% 12.68%

Citizens State Bank of Roseau has a Capitalization of 13.04% versus the BestCashCow average of 12.68. 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 Roseau Balance Sheet Analysis

As of March 31, 2020, Citizens State Bank of Roseau had assets of $224,027,000, loans of $121,411,000, and deposits of $194,064,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 13.88 million
Interest-bearing balances $ 11.74 million
Total securities $ 85.56 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 121.41 million
Loan loss allowance $ 1.54 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.40 million
Goodwill and other intangibles N.A.
All other assets $ 2.11 million
     Total Assets $ 194.80 million
LIABILITIES
Total deposits $ 194.06 million
      Interest-bearing deposits $ 159.91 million
      Deposits held in domestic offices $ 194.06 million
      % insured (estimated) 77.66%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.74 million
      Total Liabilities $ 194.80 million
      Shareholders’ Equity $ 29.22 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.09 million
Total Interest Expense $ 0.40 million
Net interest income $ 1.70 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.20 million
Total non interest expense $ 1.12 million
Pre-tax Net Operating Income $ 0.74 million

Bank Loan Profile?

The top three loan types in Citizens State Bank of Roseau’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Citizens State Bank of Roseau’s loan portfolio does not show any specific loan specialty.

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 15.14
Multifamily
Mortgages
1.69
Credit Card Loans 0.00
Consumer Auto Loans 3.99
Small Business Loans 0.00
Construction and Development Loans 6.98
Commercial Real Estate 9.20
Commercial and Industrial Loans 13.02
Farm Loans 16.89

Frequently Asked Questions About Citizens State Bank Of Roseau

Branches and Savings

Is Citizens State Bank Of Roseau FDIC insured?

Yes. It is covered under FDIC Certificate #10167.

Why does Citizens State Bank Of Roseau 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 Roseau CD rates not competitive?

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

Is Citizens State Bank Of Roseau a commercial bank?

Yes

Where are Citizens State Bank Of Roseau locations?

See branch locations nearby.

Is Citizens State Bank Of Roseau open on Saturdays?

Is Citizens State Bank Of Roseau open on Sundays?

What time does Citizens State Bank Of Roseau open?

What time does Citizens State Bank Of Roseau close?

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

Do Citizens State Bank Of Roseau ATMs accept cash deposits?

Can Citizens State Bank Of Roseau customers use other ATMs?

Do Citizens State Bank Of Roseau branches have notaries?

Will Citizens State Bank Of Roseau notarize my document?

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

Will the Citizens State Bank Of Roseau branch print checks?

Do Citizens State Bank Of Roseau checks expire?

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

Can Citizens State Bank Of Roseau close my account?

Does Citizens State Bank Of Roseau Report to credit bureaus?

Does Citizens State Bank Of Roseau Use Equifax?

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

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

Products

Does Citizens State Bank Of Roseau offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Citizens State Bank Of Roseau offer personal loans?

Compare personal loan rates here.

Does Citizens State Bank Of Roseau offer student loans?

Will Citizens State Bank Of Roseau cash a check?

Will Citizens State Bank Of Roseau redeem a savings bond?

Does Citizens State Bank Of Roseau cash savings bonds?

Will Citizens State Bank Of Roseau cash money orders?

Can Citizens State Bank Of Roseau issue a money order?

Does Citizens State Bank Of Roseau do currency exchange?

Background on The Bank

Who owns Citizens State Bank Of Roseau?

How long has Citizens State Bank Of Roseau been around?

Can Citizens State Bank Of Roseau transfer to other banks?

Does Citizens State Bank Of Roseau have quick pay?

Does Citizens State Bank Of Roseau accept rolled coins?

Will Citizens State Bank Of Roseau accept loose change?

Where is Citizens State Bank Of Roseau headquarters?

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