Minnesota – Chippewa – Clara City
(NM) Commercial bank, state charter and Fed nonmember
active
www.cabankmn.com
Minnesota
Chippewa
Clara City
(NM) Commercial bank, state charter and Fed nonmember
active
1402
1902
FDIC Certificate Number: 1402
FDIC's unique number: 924
The FDIC Field Office where an institution is physically located: Fargo
Federal Reserve ID Number: 279954
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 5
Number of Foreign Offices: 0
The date of the last data update: 2010-10-06
1902-07-02 Institution established. Original name: Citizens State Bank Of Clara City.
1987-09-01 Acquired Americana State Bank Of Clara City in Clara City, Minnesota.
1991-04-01 Acquired Security State Bank Of Maynard in Maynard, Minnesota.
2005-10-01 Acquired First State Bank, Lake Lillian, Minnesota in Lake Lillian, Minnesota.
2007-05-01 Acquired Yellow Medicine County Bank in Granite Falls, Minnesota.
2010-10-02 Changed name to Citizens Alliance Bank .
Total assets: $344,009,000
Total deposits: $285,970,000
Deposits held in domestic offices: $285,970,000
Equity capital: $35,575,000
Net income: $388,000
Return on Assets: 0.23
Return on Equity: 2.22
Last updated on: 2011-10-20
Bank Holding Company: Forstrom Bancorporation, Inc.
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Profile ID: LFUS-BAB-P-15129