First Independent Bank
Headquartered in Russell, MN. Part of Finlayson Bancshares, Inc. FDIC certificate #1900 · Federal Reserve RSSD 761851.
Total assets
$632M
Deposits
$533M
Q2 2026
Active branches
12
Closings since Jan 2020
3
0 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$3M
Return on assets
1.55%
Return on equity
17.25%
Noncurrent loan rate
0.14%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
12026
Values in $ billions, June 30 of each year.
Closings by year
12020
22022
Other network changes since 2020
- 6 branches acquired through purchases or mergers
Branches by state
Recent closings
- 110 THIRD STREET NORTH · closed June 30, 2022
- 1403 EAST COLLEGE DRIVE · closed March 18, 2022
- 1221 EAST MAIN · closed April 30, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.fibmn.com.