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 Grove Bank
Grove Bank
| RSSD ID 79257 | CERTIFICATE 8857 | ABA NUMBER 91905813 |
| 110 Atlantic Ave W |
Quarter Ended : |
2025-03-31 |
| Grove City, Minnesota, 56243 |
Updated : |
2025-04-29 |
| www.grovebancorp.com |
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| Institution Profile |
| Year Opened : |
1907 |
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 : |
All Other Under 1 Billion |
| Number of Offices : |
1 |
Number of Employees : |
13 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 58,983 |
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Total Interest Income | 765 |
| Total Liabilities | 52,263 |
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Total NonInterest Income | 10 |
| Total Bank Equity Capital | 6,720 |
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Total Interest Expense | 278 |
| Total Deposits | 45,933 |
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Total NonInterest Expense | 570 |
| Net Loans & Leases | 33,853 |
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Net Income | (40) |
| Loan Loss Allowance | 359 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 5,172 |
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Total loans | 34,987 |
| Total assets for the leverage ratio | 51,744 |
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Loans secured by real estate: | 22,672 |
| Tier 1 Leverage Ratio | 9.3 |
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Commercial and industrial loans | 10,271 |
| Tier 1 Capital Ratio | 15.11 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.24 |
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Loans to individuals - Other | 416 |
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:· Grove Bank
