Citizens Bank & Trust Co.


Citizens Bank & Trust Co. is an FDIC insured institution headquartered at 102 Main St S, Hutchinson, MN 55350.
It was founded in 1886 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - April 25, 2025

SAVINGS RATES APY MIN
Savings
0.20% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.50% $10,000 Compare
6 Mo CD
0.50% $100,000 Compare
12 Mo CD
0.95% $10,000 Compare
12 Mo CD
0.95% $100,000 Compare
24 Mo CD
1.10% $10,000 Compare
24 Mo CD
1.10% $100,000 Compare
36 Mo CD
1.26% $10,000 Compare
36 Mo CD
1.26% $100,000 Compare
48 Mo CD
1.31% $10,000 Compare
48 Mo CD
1.31% $100,000 Compare
60 Mo CD
1.36% $10,000 Compare
60 Mo CD
1.36% $100,000 Compare
MM RATES APY MIN
Money Market
0.30% $2,500 Compare
Money Market
0.30% $10,000 Compare
Money Market
0.30% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.20% $2,500

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10218
Date Established 1886
Assets $ 317.09 million
Loans $ 165.09 million
Deposits $ 286.48 million
Capital $ 8.51 million

Summary Balance Sheet as of December 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 4.66 million
Interest-bearing balances $ 0.10 million
Total securities $ 126.72 million
Federal funds sold and reverse repurchase $ 4.60 million
Net loans and leases $ 165.09 million
Loan loss allowance $ 2.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 5.97 million
     Total Assets $ 308.58 million

LIABILITIES
Total deposits $ 286.48 million
      Interest-bearing deposits $ 220.82 million
      Deposits held in domestic offices $ 286.48 million
      % insured (estimated)" 70.26%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.72 millionn
      Total Liabilities $ 308.58 million
      Shareholders’ Equity $ 8.51 million

Summary Income Statement as of December 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 12.46 million
Total Interest Expense $ 4.66 million
Net interest income $ 7.80 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.76 million
Total non interest expense $ 5.95 million
Pre-tax Net Operating Income $ 1.54 million

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Branches

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Citizens Bank & Trust Co. Locations