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 Granite Bank
Granite Bank
| RSSD ID 311256 | CERTIFICATE 5116 | ABA NUMBER 91904827 |
| 202 2nd Ave S |
Quarter Ended : |
2025-09-30 |
| Cold Spring, Minnesota, 56320 |
Updated : |
2025-10-30 |
| www.granitebank.com |
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| Institution Profile |
| Year Opened : |
1902 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
240 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 341,075 |
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Total Interest Income | 15,627 |
| Total Liabilities | 311,404 |
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Total NonInterest Income | 24,438 |
| Total Bank Equity Capital | 29,671 |
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Total Interest Expense | 5,847 |
| Total Deposits | 295,810 |
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Total NonInterest Expense | 30,666 |
| Net Loans & Leases | 291,583 |
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Net Income | 2,437 |
| Loan Loss Allowance | 1,864 |
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Net Charge Offs | 73 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 29,371 |
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Total loans | 301,811 |
| Total assets for the leverage ratio | 342,126 |
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Loans secured by real estate: | 213,808 |
| Tier 1 Leverage Ratio | 8.03 |
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Commercial and industrial loans | 53,968 |
| Tier 1 Capital Ratio | 10.27 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.98 |
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Loans to individuals - Other | 4,013 |
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:· Granite Bank
