Grandville, MI · Cert 58789 · Grand River Commerce Inc.
State charter, Fed member · FED · 2 branches
Q2 2026
Market Position · Grand Rapids-Wyoming-Kentwood, MI · 2026 SOD (annual) · 1.3% share · #15 of 28 inst. · $0.4B of $34.4B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.09% | 0.14% | 0.28% | 0.29% | 0.34% | 0.38% | 0.63% | 0.62% | +33 bps | |
| Return on Equity | 1.00% | 1.64% | 3.03% | 3.10% | 3.54% | 3.95% | 6.53% | 6.30% | +320 bps | |
| Net Interest Margin | 2.45% | 2.54% | 2.63% | 2.66% | 2.67% | 2.64% | 2.74% | 2.82% | +15 bps | |
| Efficiency Ratio | 97.74% | 95.03% | 90.51% | 88.67% | 86.39% | 84.84% | 81.10% | 79.05% | -962 bps | |
| Non-Interest Burden | 2.39% | 2.40% | 2.37% | 2.34% | 2.29% | 2.22% | 2.20% | 2.19% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.72% | -4.54% | -5.40% | -7.16% | -3.45% | -1.42% | -1.11% | -0.81% | +636 bps | |
| Loan Growth (YoY) | -2.14% | -4.85% | -6.71% | -8.49% | -9.00% | -7.10% | -5.79% | -6.23% | +226 bps | |
| Deposit Growth (YoY) | -0.08% | -6.01% | -8.00% | -6.73% | -4.24% | 2.23% | 0.77% | 3.49% | +1,023 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.09% | 0.10% | 0.10% | 0.10% | 0.10% | 0.20% | 0.21% | 0.17% | +7 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.06% | 1.07% | 1.09% | 1.11% | 1.14% | 1.12% | 1.14% | 1.14% | +3 bps | |
| Allowance Coverage of NPLs | 11.3x | 11.2x | 11.1x | 11.0x | 11.0x | 5.5x | 5.5x | 6.7x | -4.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.89% | 9.19% | 9.47% | 9.73% | 9.80% | 9.43% | 9.91% | 10.19% | +46 bps | |
| Total Risk-Based Capital | 11.77% | 12.09% | 12.57% | 12.89% | 13.46% | 13.21% | 13.63% | 14.13% | +124 bps | |
| Equity / Assets | 8.92% | 9.22% | 9.49% | 9.68% | 9.60% | 9.58% | 9.84% | 10.05% | +38 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.60% | 110.03% | 106.77% | 106.00% | 98.45% | 99.99% | 99.82% | 96.04% | -996 bps | |
| Liquid Assets / Assets | 5.61% | 4.28% | 5.63% | 6.59% | 10.05% | 8.81% | 9.16% | 10.91% | +432 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 615% | 619% | 607% | n/a | n/a | |