Citizens Alliance Bank
Clara City, Minnesota · FDIC Cert #1402
Citizens Alliance Bank is an FDIC-insured bank (Certificate #1402) with $1.6B in total assets and $1.3B in total deposits as of the Q2 2024 Call Report. Headquartered in Clara City, Minnesota, the bank maintains a Tier 1 capital ratio of 11.92% (Well-Capitalized) and a nonperforming loan ratio of 0.48%. BankHealthData assigns a composite Health Grade of A (86/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Citizens Alliance Bank (FDIC cert 1402) is a mid-sized bank with $1.6B in total assets and $1.3B in deposits, based in Clara City, Minnesota. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is adequate: Tier 1 capital ratio of 11.92% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.48% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 34.6% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is solid: ROA of 1.28% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Citizens Alliance Bank carries a composite BankHealth grade of A (86/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Citizens Alliance Bank
- Total Assets
- $1.6B
- Total Deposits
- $1.3B
- Tier 1 Capital Ratio
- 11.92%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.48%
- Liquidity Ratio
- 34.65%
- Return on Assets
- 1.28%
- Headquarters
- Clara City, Minnesota
- FDIC Certificate
- #1402
- Health Grade
- A (86/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Citizens Alliance Bank holds a Tier 1 capital ratio of 11.92%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Citizens Alliance Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Citizens Alliance Bank shows strong financial health indicators. With $1.6B in assets and a Health Score of 86/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Citizens Alliance Bank Compares
Citizens Alliance Bank’s Health Score of 86 is 13 points above the Minnesota state average of 73 across 225 FDIC-insured banks. Its 11.92% Tier 1 capital ratio is 2.1 points below the US banking industry average near 14%. The 0.48% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.28% is in line with or above the national ROA benchmark of ~1.1%. Among 767 similarly-sized banks, the average Health Score is 72, meaning this bank ranks above its size cohort. Site-wide, Citizens Alliance Bank is 16 points above the portfolio average of 70.
Frequently Asked Questions
Citizens Alliance Bank has a Bank Health Score of A (86/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 11.92%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Citizens Alliance Bank's Tier 1 capital ratio of 11.92% and nonperforming loan ratio of 0.48% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Citizens Alliance Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #1402). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Citizens Alliance Bank holds $1.6B in total assets and $1.3B in total deposits. It is headquartered in Clara City, Minnesota (FDIC Certificate #1402).
Citizens Alliance Bank has a Tier 1 capital ratio of 11.92%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.48%, and the return on assets is 1.28%.
Yes. Citizens Alliance Bank is FDIC-insured (Certificate #1402). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Citizens Alliance Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.