Granite Bank
Cold Spring, MN
IDRSSD: 311256
Total Assets
$350.74M
Latest filing
Total Deposits
$291.79M
Latest filing
Net Interest Margin
4.42%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091904827COLD SPRING, MN
Key People
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Locations
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Main Office
Granite Bank
202 2nd Ave S
Cold Spring, MN 56320
Full Service - Brick and Mortar
Updated 01/30/2026Established 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
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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 | 240 |
| 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 | 01/30/2026 |
| CERT | 5116 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $350.74M |
| Total Deposits | $291.79M |
| Total Liabilities | $320.77M |
| Total Equity Capital | $29.96M |
| Net Income | $629.00k |
| Net Loans and Leases | $308.69M |
| Assets Per Employee ($Millions) | $1.44M |
| Bank Premises and Fixed Assets | $3.93M |
| Cash and Balances due from Depository Institutions | $6.70M |
| Deposits Held in Domestic Offices | $291.79M |
Key Performance Ratios
| Return on Assets (ROA) | 0.73% |
| Return on Equity (ROE) | 8.44% |
| Net Interest Margin | 4.42% |
| Efficiency Ratio | 92.69% |
| Tier 1 Risk-Based Capital Ratio | 9.85% |
| 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 | 8.543% |
| Earning Assets to total Assets | 93.55% |
Income and Expense
| Total Interest Income | $5.58M |
| Total Noninterest Income | $10.71M |
| Total Interest Expense | $2.02M |
| Total Noninterest Expense | $13.34M |
| Net Interest Income | $3.57M |
| Pre-tax Net Operating Income | $887.00k |
| Provision for Credit Losses | $60.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $561.00k |
| Other borrowed funds | $25.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $639.00k |
| All Other Liabilities | $2.84M |
| Total Liabilities and Capital | $350.74M |
Securities
| Securities | $18.35M |
| Available-for-sale debt securities | $16.18M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $2.16M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Granite Bank?
$350.74M as of the latest filing.
How much are Granite Bank's total deposits?
$291.79M in total deposits.
Where is Granite Bank located?
Cold Spring, MN.
What is the Net Interest Margin?
4.42%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1902.
What is the Return on Assets (ROA)?
0.73%.
How much are total loans and leases?
$308.69M (latest filing).
What is the total interest income (latest filing)?
$5.58M.