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First Independent Bank

Russell, MN

Latest Health Report

Latest Update: March 31, 2020

Assets
$286,695,000
Deposits
$239,965,000
Loans
$185,438,000
Loan Loss Provision
$175,000
Profit
$1,023,000
Capital
$32,936,000
Reserves
$3,580,000
Past Due 90 Days
$628,000
Nonaccrual
$4,214,000
Other Real Estate Owned
$909,000
Capital Plus Reserves
$36,516,000
Total Troubled Assets
$5,751,000
Troubled Asset Ratio
15.75

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2019 $279,992,000 $232,497,000 $192,221,000 $4,152,000 $37,317,000 $6,524,000 17.48
2018 $288,263,000 $226,015,000 $208,312,000 $4,229,000 $35,415,000 $4,899,000 13.83