First Independent Bank

First Independent Bank is a currently active agricultural specialization banking institution headquartered in Russell, Minnesota. Established in 01/01/1903, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, First Independent Bank manages $634.1M in total assets and holds $537.4M in customer deposits. When evaluating the stability of First Independent Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 9.30%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.39%, while its Return on Equity (ROE) sits at 16.07%. These robust metrics contribute to an overall health score of 9.7 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.