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Citizens State Bank of Tyler, Financial Information

AboutCitizens State Bank of Tyler

 Address:
111 North Tyler St
Tyler,MN
Lincoln County,Minnesota
 Established:
May 1917
 Number of domestic offices:
1
Total assets$29M
Net income$0M
Net income,quarterly$0M
Total deposits$27M
Domestic deposits$27M
Equity capital$2M
ROA0.24%
ROAQ,quarterly0.12%
ROA,pretax0.12%
ROAQ,quarterly,pretax0.19%
ROE2.54%
ROEQ,quarterly1.34%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Citizens State Bank of Tyler was founded and chartered on May 28, 1917. The bank has had three different locations over the past years. When it organized in 1917, it was operating out of a building that is now part of the former Utoft-Johansen Furniture store.

A few months later it was moved to the corner, across the street from the present bank. The 1918 tornado demolished the building, but another was built on the same site. That facility served as the bank's home until 1937, when it moved across the street to its present location.

In recent years, the bank has expanded and remodeled, having taken over two adjacent buildings to the north. Citizens State Bank of Tyler offers Checking Accounts, Savings Programs, Investment Programs, Safe Deposit Boxes, All Types of Loans.

The Citizens State Bank of Tyler
111 North Tyler
PO Box 430
Tyler, MN 56178
1-800-259-5379
(507)247-5531
Fax (507)247-5532

Historical Data