Grand Rapids State Bank
Major Rating Factors:
Excellent current capitalization (8.6 on a scale of 0 to 10) and a capital leverage ratio of 10.0. A current level of 0.1 percent of nonperforming loans to core capital combined with 13.0 percent from a year earlier contributes to the Excellent asset quality (8.5).
Other Rating Factors:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 2.2 has resulted in Excellent (7.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Asset Mix:
Comm re (22%), cash (20%), securities (20%), home mtgs (9%), comm loans (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