First Independent Bank

Chartered Bank Active FDIC Insured
Health Score
9.7 / 10

300 Front St, Russell, MN 56169

Financial Overview

Total Assets $634.1M
Total Deposits $537.4M
Profitability (ROA) 1.39%
Shareholder Return (ROE) 16.07%
Capital Cushion (Eq/Assets) 9.30%
Established 01/01/1903

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$44.8M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.fibmn.com

FDIC Certificate #: 1900

Specialization: Agricultural Specialization

Location

300 Front St

Russell, Minnesota 56169

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