C
The Garrett State Bank
GarrettIN
Rating Date
June 2025
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings The Garrett State Bank
Garrett, IN
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Rating C
Asset Quality Index 7.70
Capitalization Index 9.20
Liquidity Index 1.30
Profitability Index 5.70
Stability Index 5.00
Company Info The Garrett State Bank
Garrett, IN
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FDIC Number 8074
Phone Number (260) 357-3133
Website www.garrettstatebank.com
Asset Quality The Garrett State Bank
Garrett, IN
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1-Year Asset Growth 3.57%
5-Year Asset Growth 7.79%
5-Year Charge-Offs to Average Loans 0.02%
Charge-Offs to Average Loans -0.01%
Non-Performing Assets to Assets 0.63%
Non-Performing Loans to Capital 2.31%
Non-Performing Loans to Loans 0.81%
Balance Sheet The Garrett State Bank
Garrett, IN
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Total Assets 355.94M
Total Deposits 299.07M
Capital and Reserves The Garrett State Bank
Garrett, IN
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Capital 35.92M
Leverage Ratio 10.48
Loan Loss Reserves to Loans 0.99%
Risk-Based Capital Ratio 19.29
Liquidity The Garrett State Bank
Garrett, IN
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Hot Money Ratio 15.91%
Liquidity Ratio 22.06%
Profitability The Garrett State Bank
Garrett, IN
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5-Year Return on Average Assets 1.51%
Net Income 1.34M
Net Interest Spread 3.14%
Operating Profit to Average Assets 1.51%
Overhead Efficiency Ratio 52.94%
Return on Assets 1.51%
Return on Equity 15.15%