Vitals
  • Total Assets
    221.6M -4.4 %
  • Total Deposits
    195.4M -5.1 %
  • Total Net Loans
    141.8M 3.4 %
  • Net Income
    2.6M 9.5 %
  • Book Value
    22.1M -1.5 %
  • Book Value x2
    44.1M -1.5 %
  • Book Value x3
    66.2M -1.5 %
ROAA

1.167

ROAE

11.461

Efficiency Ratio

71.299

Net Interest Margin

4.219

Balance Sheet Highlights
Financial Highlights Grand Rapids State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 221,648 147,703
Total Net Loans 141,805 97,223
Total Deposits 195,448 126,600
Total Equity 22,073 15,565
Profitability
Net Income 2,590 1,683
Return on Average Assets 1.167 1.08
Return on Average Equity 11.461 9.905
Net Interest Margin 4.219 3.845
Efficiency Ratio 71.299 68.21
Noninterest Income/Revenue 15.85 13.68
Balance Sheet Ratios
Loan-to-Deposit 72.554 75.205
Securities/Assets .262 .174
Total Equity/Total Assets .1 .105
Tangible Equity/Tangible Assets .098 .103
Capital Adequacy
Tier 1 Common Capital 21,794 15,225
Tier 1 Capital 21,794 15,232
Tier 2 Capital 1,057 1,135
Total Capital 22,851 16,386
Total Risk Weighted Assets 159,906 105,251
Leverage Ratio 9.95 10.475
Common Equity Tier 1 Capital Ratio 13.63 15.3
Tier 1 Capital Ratio 13.63 15.308
Total Capital Ratio 14.29 16.398

Timeline for Grand Rapids State Bank

Wilcox Bancshares, Inc.

Wilcox Bancshares, Inc. became a new parent organization for Grand Rapids State Bank.

View Profile Jun 30 1980

Grand Rapids State Bank

Grand Rapids State Bank was established 109 years ago and is currently headquartered in Grand Rapids, MN.

Jun 15 1914
Relationships Role Relationship Start Relationship End
Wilcox Bancshares, Inc. Parent 12/31/1989
Wilcox Bancshares, Inc. Parent 12/31/1981 12/30/1989
Wilcox Bancshares, Inc. Parent 6/30/1980 12/30/1981
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