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Grove Bank
Grove City, MN · FDIC Certificate #8857 · Chartered 12/0
Total assets
$56.41M
Total deposits
$45.44M
Total equity
$7.04M
Net loans
$41.00M
Branches (offices)
1
Net income (YTD)
$58.00K
Rank: #3,996 of 4,213 U.S. banks by assets · #201 of 221 in Minnesota. Assets changed -1.4% and deposits -0.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.21% |
| Return on equity | 1.66% |
| Net interest margin (YTD) | 4.57% |
| Equity to assets | 12.48% |
| Tier 1 leverage ratio | 9.95% |
| Uninsured deposits (share of deposits) | 13.5% |
| Noncurrent loans (share of loans) | 0.11% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 90.2% |
| Real estate loans (share of loans) | 64.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $26.35M | 64.3% | |
| Commercial & industrial | $12.60M | 30.7% | |
| Consumer / individual | $781.00K | 1.9% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $1.65M | 4.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $48.00M | $36.41M | $35.00K | $5.80M |
| Jun 2023 | $45.45M | $33.26M | $37.00K | $6.62M |
| Jun 2024 | $54.10M | $42.44M | $35.00K | $6.68M |
| Jun 2025 | $57.18M | $45.84M | -$135.00K | $6.70M |
| Jun 2026 | $56.41M | $45.44M | $58.00K | $7.04M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $45.44M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $45.44M.
Similar-sized banks
Commercial Bank ($56.47M) · Community First Bank, National Association ($56.32M)
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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