Citizens State Bank
Royal Oak, MI · Owner: Citizens Bancshares Inc
$581M
total assets, June 30, 2026
$581M
total assets, June 30, 2026
Citizens State Bank is a state member bank based in Royal Oak, MI, owned by Citizens Bancshares Inc. As of June 30, 2026 it held $581.0 million in assets and $530.5 million in deposits; assets were up 41.1% from a year before. It has 3 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$581M
+41.1% in a year · +6.8% in a quarter
Deposits
$530M
+41.5% in a year · +6.8% in a quarter
Loans
$456M
+55.0% in a year · +9.7% in a quarter
Profit so far
$5.0M
Jan 1 to Jun 30, 2026 · +67.6% in a year
Capital ratio
8.58%
-0.78 pts in a year
Return on assets
1.83%
+0.22 pts in a year
Facts
- Type
- State member bank
- Head office
- 32500 Woodward Ave, Royal Oak, MI, 48073
- County
- Oakland
- Holding company
- Citizens Bancshares Inc
- Established
- Dec 6, 1910
- Employees
- 55
- Branches
- 3
- Website
- www.micsb.com
- Id
- b8183
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
3 offices as of June 30, 2026, holding $530.5 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Michigan | 3 | $530M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Citizens State Bank (main office) | Royal Oak, MI | $413M |
| Ontonagon Branch | Ontonagon, MI | $66.8M |
| Farmington Hills Branch | Farmington Hills, MI | $50.8M |
Related pages
Questions and answers
How big is Citizens State Bank?
$581.0 million in total assets and $530.5 million in deposits as of June 30, 2026, with assets up 41.1% from a year before. Its loans were $455.5 million.
How many branches does Citizens State Bank have?
3 branches in Michigan as of June 30, 2026.
Is Citizens State Bank profitable?
Yes: it earned $5.05 million from January 1 to June 30, 2026 (up 67.6% from the same months a year before). Its return on assets was 1.83% a year; about 1% is typical.
Who owns Citizens State Bank?
Citizens State Bank is owned by Citizens Bancshares Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.