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Grinnell State Bank
Grinnell, IA · FDIC Certificate #11347 · Chartered 10/2
Total assets
$498.58M
Total deposits
$346.56M
Total equity
$49.70M
Net loans
$370.05M
Branches (offices)
4
Net income (YTD)
$2.45M
Rank: #1,791 of 4,213 U.S. banks by assets · #62 of 225 in Iowa. Assets changed -0.3% and deposits 3.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.98% |
| Return on equity | 10.07% |
| Net interest margin (YTD) | 3.63% |
| Equity to assets | 9.97% |
| Tier 1 leverage ratio | 11.90% |
| Uninsured deposits (share of deposits) | 29.0% |
| Noncurrent loans (share of loans) | 0.47% |
| Net charge-offs (share of loans) | 0.49% |
| Loans to deposits | 106.8% |
| Real estate loans (share of loans) | 86.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $320.33M | 86.6% | |
| Commercial & industrial | $20.90M | 5.6% | |
| Consumer / individual | $926.00K | 0.3% | |
| Construction & development | $11.14M | 3.0% | |
| Agricultural | $27.11M | 7.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $461.35M | $380.36M | $2.12M | $34.77M |
| Jun 2023 | $471.49M | $373.23M | $1.72M | $35.17M |
| Jun 2024 | $494.17M | $348.16M | $1.39M | $38.69M |
| Jun 2025 | $500.00M | $333.57M | $1.66M | $43.41M |
| Jun 2026 | $498.58M | $346.56M | $2.45M | $49.70M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Iowa | $346.56M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $346.56M.
Similar-sized banks
The Fnb Community Bank ($498.91M) · Firstbank Of Nebraska ($498.08M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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