B
Grand Rapids State Bank
Rating Date
June 2025
Risk Based
Capital Ratio
--
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Grand Rapids State Bank
Grand Rapids, MN
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Rating B
Asset Quality Index 5.20
Capitalization Index 9.80
Liquidity Index 2.60
Profitability Index 5.60
Stability Index 5.80
Company Info Grand Rapids State Bank
Grand Rapids, MN
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FDIC Number 10962
Phone Number (218) 326-9414
Website www.grsb.bank/
Asset Quality Grand Rapids State Bank
Grand Rapids, MN
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1-Year Asset Growth -2.88%
5-Year Asset Growth 1.21%
5-Year Charge-Offs to Average Loans 0.07%
Charge-Offs to Average Loans 0.00%
Non-Performing Assets to Assets 2.14%
Non-Performing Loans to Capital 12.18%
Non-Performing Loans to Loans 2.02%
Balance Sheet Grand Rapids State Bank
Grand Rapids, MN
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Total Assets 230.55M
Total Deposits 205.18M
Capital and Reserves Grand Rapids State Bank
Grand Rapids, MN
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Capital 22.73M
Leverage Ratio 10.86
Loan Loss Reserves to Loans 0.71%
Risk-Based Capital Ratio --
Liquidity Grand Rapids State Bank
Grand Rapids, MN
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Hot Money Ratio 8.16%
Liquidity Ratio 11.42%
Profitability Grand Rapids State Bank
Grand Rapids, MN
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5-Year Return on Average Assets 0.97%
Net Income 782.00K
Net Interest Spread 5.18%
Operating Profit to Average Assets 1.46%
Overhead Efficiency Ratio 73.29%
Return on Assets 1.34%
Return on Equity 13.93%