Grand Rapids State Bank
Major Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) and a capital leverage ratio of 9.5. A current level of 11.6 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Good asset quality (5.4).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.3 on a scale of 0 to 10). Fair liquidity 3.2, driven by a liquidity ratio of 22.2 percent and a “hot money” ratio of 8.6 percent.
Asset Mix:
Comm re (26%), securities (18%), cash (16%), comm loans (10%), home mtgs (8%), consumer loans (4%), other (17%)
States with Branches:
MN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Wilcox Bancshares, Inc.
Investment Rating
--
Address
523 NW First Avenue
Grand Rapids, MN 55744
Grand Rapids, MN 55744
Phone Number
(218) 326-9414
Year Founded
1914
FDIC Number
Website
Largest Affiliates
Delano, MN
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Bank