Grand Rapids State Bank
Grand Rapids, MN · Cert 10962 · Peer group: banks under $1B in assets in MN (n=111-113) · Wilcox Bancshares Inc.
State charter, Fed member · FED · 1 affiliate bank · 2 branches (4 in holding)
Q2 2026
$261.1MAssets
$141.8MLoans
$234.1MDeposits
$24.1MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in MN (rank 36 of 111).
- Widest gap: total risk-based capital ratio trails 94% of banks under $1B in assets in MN (rank 106 of 113).
- Overall: at or above the peer median on 6 of 9 directional measures.
Return on Assets
1.83%
Rank 10 of 113
Net Interest Margin
4.95%
Rank 6 of 113
Efficiency Ratio
59.42%
Rank 49 of 113
Equity / Assets
9.22%
Rank 77 of 113
Non-interest income vs. expense
Unfavorable gap of $6.6M · efficiency ratio beats 58% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.83% | 0.87% | 1.20% | 1.41% | Beats 91% | 10 / 113 | |
| Return on Equity | 19.80% | 8.92% | 11.27% | 13.99% | Beats 96% | 5 / 113 | |
| Net Interest Margin | 4.95% | 3.42% | 3.88% | 4.31% | Beats 95% | 6 / 113 | |
| Efficiency Ratio | 59.42% | 54.13% | 61.48% | 69.86% | Beats 58% | 49 / 113 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.02% | 0.09% | 0.58% | 1.82% | Beats 87% | 15 / 111 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 100% | 36 / 111 | |
| Capital |
| Tier 1 Capital Ratio | 10.03% | 11.53% | 13.31% | 18.13% | Beats 6% | 106 / 113 | |
| Total Risk-Based Capital Ratio | 10.03% | 12.12% | 14.43% | 19.39% | Beats 6% | 106 / 113 | |
| Equity / Assets | 9.22% | 8.52% | 10.10% | 11.94% | Beats 32% | 77 / 113 | |
| Liquidity & Funding |
| Loans / Deposits | 60.59% | 62.08% | 77.32% | 88.06% | 20th pctl | 89 / 111 | |
| Loans / Assets | 54.32% | 55.01% | 66.35% | 75.50% | 22nd pctl | 88 / 113 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |