CITIZENS NB OF PARK RAPIDS
PARK RAPIDS, MINNESOTA · FDIC Cert #5223
Capital & Safety Analysis
According to FDIC financial data, CITIZENS NB OF PARK RAPIDS holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject CITIZENS NB OF PARK RAPIDS to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
CITIZENS NB OF PARK RAPIDS shows some financial weakness with a Health Score of 48/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
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.
Frequently Asked Questions
CITIZENS NB OF PARK RAPIDS has a Bank Health Score of D (48/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
CITIZENS NB OF PARK RAPIDS holds $349M in total assets and $303M in total deposits. It is located in PARK RAPIDS, MINNESOTA (FDIC Certificate #5223).
CITIZENS NB OF PARK RAPIDS has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.25%, and the return on assets is 1.54%.
Yes. CITIZENS NB OF PARK RAPIDS is FDIC-insured (Certificate #5223). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.