|
 |
 |
|
Grove Bank
|
Grove Bank
| RSSD ID 79257 | CERTIFICATE 8857 | ABA NUMBER 91905813 |
| 110 Atlantic Ave W |
Quarter Ended : |
2026-06-30 |
| Grove City, Minnesota, 56243 |
Updated : |
2026-07-31 |
| www.grovebancorp.com |
|
| 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 |
|
| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
1 |
Number of Employees : |
16 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 56,408 |
|
Total Interest Income | 1,737 |
| Total Liabilities | 49,366 |
|
Total NonInterest Income | 27 |
| Total Bank Equity Capital | 7,042 |
|
Total Interest Expense | 549 |
| Total Deposits | 45,437 |
|
Total NonInterest Expense | 1,158 |
| Net Loans & Leases | 40,997 |
|
Net Income | 58 |
| Loan Loss Allowance | 382 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 5,778 |
|
Total loans | 38,300 |
| Total assets for the leverage ratio | 54,183 |
|
Loans secured by real estate: | 24,390 |
| Tier 1 Leverage Ratio | 9.95 |
|
Commercial and industrial loans | 13,187 |
| Tier 1 Capital Ratio | 12.08 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.94 |
|
Loans to individuals - Other | 722 |
|
|
|
|