The Citizens National Bank of Park Rapids, Financial Information

AboutThe Citizens National Bank of Park Rapids

 Address:
300 West First Street
Park Rapids,MN
Hubbard County,Minnesota
 Established:
Jan 1933
 Number of domestic offices:
1
Total assets$318M
Net income$4M
Net income,quarterly$1M
Total deposits$283M
Domestic deposits$283M
Equity capital$33M
ROA1.5%
ROAQ,quarterly1.09%
ROA,pretax1.09%
ROAQ,quarterly,pretax1.09%
ROE13.98%
ROEQ,quarterly10.61%
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 National Bank of Park Rapids was established in 1933 and incorporated in Minnesota. The Citizens National Bank is a commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency