SBA lender profile
Citizens State Bank
Citizens State Bank appears in the public SBA loan data with 75 funded 7(a) loans totaling $24.0M, an average of $320K per loan, and an estimated 876 jobs supported. Its SBA lending concentrates in Minnesota and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 1.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
75
Total volume
$24.0M
Average loan size
$320K
Charge-off rate
1.3%
Share of funded loans charged off
Jobs supported (reported)
876
Programs
7(a)
Bank profile
via FDIC- Total assets
- $169M
- Headquarters
- New Baltimore, MI
- FDIC cert
- #1006
- Status
- Inactive
Where Citizens State Bank lends
Top states by funded SBA volume.
What Citizens State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 17 | $5.9M |
| Other Services | 10 | $3.6M |
| Retail Trade | 8 | $3.2M |
| Manufacturing | 8 | $3.1M |
| Wholesale Trade | 2 | $3.0M |
| Accommodation and Food Services | 11 | $2.8M |
Citizens State Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 11 | $4.9M |
| 2021 | 6 | $1.3M |
| 2022 | 17 | $4.3M |
| 2023 | 14 | $3.2M |
| 2024 | 14 | $4.6M |
| 2025 | 10 | $2.3M |
| 2026 | 3 | $3.4M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Citizens State Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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