Citizens Alliance Bank
Headquartered in Clara City, MN. Part of Forstrom Bancorporation, Inc. FDIC certificate #1402 · Federal Reserve RSSD 279954.
Total assets
$1.5B
Deposits
$1.3B
Q1 2026
Active branches
17
Closings since Jan 2020
1
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$-3009K
Return on assets
-0.82%
Return on equity
-8.32%
Noncurrent loan rate
0.62%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
12021
Openings by year
12020
12021
Other network changes since 2020
- 1 branch relocations
- 4 branches acquired through purchases or mergers
Branches by state
Recent closings
- 202 2ND AVE S · closed October 5, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.citizensalliancebank.com.