Granite Bank
Cold Spring, MN
IDRSSD: 311256
Total Assets
$341.07M
Latest filing
Total Deposits
$295.81M
Latest filing
Net Interest Margin
4.54%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Granite Bank
202 2nd Ave S
Cold Spring, MN 56320
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1902FDIC Certificate 3422
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Granite Bank (Main) | 202 2nd Ave S | Cold Spring, MN |
| CHAMPLIN BRANCH | 11660 Theatre Dr N | Champlin, MN |
Showing 1 of 1
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1902 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56320 |
| State and County Number | 27145 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | St. Cloud, MN |
Operational Info
| Number of Employees | 224 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 07/22/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.granitebank.com |
| Data Updated | 11/14/2025 |
| CERT | 5116 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $341.07M |
| Total Deposits | $295.81M |
| Total Liabilities | $311.40M |
| Total Equity Capital | $29.67M |
| Net Income | $928.00k |
| Net Loans and Leases | $296.68M |
| Assets Per Employee ($Millions) | $1.42M |
| Bank Premises and Fixed Assets | $3.66M |
| Cash and Balances due from Depository Institutions | $9.17M |
| Deposits Held in Domestic Offices | $295.81M |
Key Performance Ratios
| Return on Assets (ROA) | 1.11% |
| Return on Equity (ROE) | 12.62% |
| Net Interest Margin | 4.54% |
| Efficiency Ratio | 89.61% |
| Tier 1 Risk-Based Capital Ratio | 10.274% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.07% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.699% |
| Earning Assets to total Assets | 92.9% |
Income and Expense
| Total Interest Income | $5.64M |
| Total Noninterest Income | $10.26M |
| Total Interest Expense | $2.10M |
| Total Noninterest Expense | $12.46M |
| Net Interest Income | $3.53M |
| Pre-tax Net Operating Income | $1.28M |
| Provision for Credit Losses | $60.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $561.00k |
| Other borrowed funds | $10.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $2.71M |
| All Other Liabilities | $2.89M |
| Total Liabilities and Capital | $341.07M |
Securities
| Securities | $19.11M |
| Available-for-sale debt securities | $16.86M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $2.24M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Granite Bank?
$341.07M as of the latest filing.
How much are Granite Bank's total deposits?
$295.81M in total deposits.
Where is Granite Bank located?
Cold Spring, MN.
What is the Net Interest Margin?
4.54%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1902.
What is the Return on Assets (ROA)?
1.11%.
How much are total loans and leases?
$296.68M (latest filing).
What is the total interest income (latest filing)?
$5.64M.