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Citizens State Bank, Financial Information

About Citizens State Bank

 Address:
501 River Street
Ontonagon, MI
Ontonagon County, Michigan
 Established:
Dec 1910
 Number of domestic offices:
1
Total assets$64M
Net income$0M
Net income, quarterly$1M
Total deposits$53M
Domestic deposits$53M
Equity capital$11M
ROA0.32%
ROAQ, quarterly5.9%
ROA, pretax5.9%
ROAQ, quarterly, pretax5.9%
ROE2.39%
ROEQ, quarterly43.25%
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 has been continually serving the area since 1910. Since its beginning, the bank has continued to improve the quality of life for its customers and promoted community growth.

The Citizens State Bank of Ontonagon is locally owned, locally operated, and locally directed, with branches in Mass City and White Pine. We are committed to providing you with personal quality service.

Main Office:
(906)884-4165
501 River Street
PO Box 187
Ontonagon, Michigan

Main Lobby:
Monday - Thursday: 8:30am - 3pm
Friday: 8:30am - 5pm
Walk-Up/Drive-Up
Monday - Thursday: 11am - 5pm
Friday: 11am - 5:30pm
Saturday: 9am - noon
Cash Dispensing ATM
available 24 hours

Historical Data