Grove Bank
Grove City, MN · Cert 8857 · Peer group: banks under $1B in assets in MN (n=111-113) · Grove Bcorp Inc.
State charter, non-member · FDIC · 1 branch
Q2 2026
$56.4MAssets
$41.4MLoans
$45.4MDeposits
$7.0MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in MN (rank 36 of 111).
- Widest gap: efficiency ratio trails 97% of banks under $1B in assets in MN (rank 111 of 113).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
0.21%
Rank 107 of 113
Net Interest Margin
4.39%
Rank 22 of 113
Efficiency Ratio
95.31%
Rank 111 of 113
Equity / Assets
12.48%
Rank 26 of 113
Non-interest income vs. expense
Unfavorable gap of $2.3M · efficiency ratio beats 3% 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 | 0.21% | 0.87% | 1.20% | 1.41% | Beats 5% | 107 / 113 | |
| Return on Equity | 1.65% | 8.92% | 11.27% | 13.99% | Beats 4% | 108 / 113 | |
| Net Interest Margin | 4.39% | 3.42% | 3.88% | 4.31% | Beats 81% | 22 / 113 | |
| Efficiency Ratio | 95.31% | 54.13% | 61.48% | 69.86% | Beats 3% | 111 / 113 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.11% | 0.09% | 0.58% | 1.82% | Beats 73% | 31 / 111 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 100% | 36 / 111 | |
| Capital |
| Tier 1 Capital Ratio | 12.08% | 11.53% | 13.31% | 18.13% | Beats 36% | 72 / 113 | |
| Total Risk-Based Capital Ratio | 12.94% | 12.12% | 14.43% | 19.39% | Beats 35% | 73 / 113 | |
| Equity / Assets | 12.48% | 8.52% | 10.10% | 11.94% | Beats 77% | 26 / 113 | |
| Liquidity & Funding |
| Loans / Deposits | 91.07% | 62.08% | 77.32% | 88.06% | 79th pctl | 23 / 111 | |
| Loans / Assets | 73.36% | 55.01% | 66.35% | 75.50% | 64th pctl | 41 / 113 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |