Grand Rapids State Bank
Major Rating Factors:
Excellent current capitalization (9.8 on a scale of 0 to 10) and a capital leverage ratio of 10.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.3 has resulted in Good (5.6) profitability. A current level of 12.2 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Good asset quality (5.2).
Asset Mix:
Comm re (32%), securities (19%), comm loans (11%), home mtgs (9%), cash (5%), consumer loans (5%), other (18%)
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