Grove Bank & Trust

Miami, FL
IDRSSD: 648130
Total Assets
$1.37B
Latest filing
Total Deposits
$1.15B
Latest filing
Net Interest Margin
2.72%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

066004600MIAMI, FL

Key People

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Locations

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Main Office
Grove Bank & Trust
2701 S Bayshore Dr
Miami, FL 33133
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/12/1926FDIC Certificate 5101

Branches (4)

Page 1 of 1
NameAddressCity / State
Grove Bank & Trust (Main)2701 S Bayshore DrMiami, FL
PALMETTO BAY BRANCH14695 S Dixie HwyMiami, FL
AVENTURA BRANCH20801 Biscayne BlvdAventura, FL
CORAL GABLES BRANCH2151 S Le Jeune RdCoral Gables, FL
SOUTH MIAMI BRANCH6400 S Dixie HwySouth Miami, FL
Showing 4 of 4

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date07/12/1926
Community BankYes
Ownership TypeNot Mutual
ZIP33133
State and County Number12086
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number06
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameMiami-Fort Lauderdale-Pompano Beach, FL

Operational Info

Number of Employees116
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.grovebankandtrust.com
Data Updated01/30/2026
CERT8018
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.37B
Total Deposits$1.15B
Total Liabilities$1.23B
Total Equity Capital$133.79M
Net Income$2.28M
Net Loans and Leases$808.37M
Assets Per Employee ($Millions)$11.77M
Bank Premises and Fixed Assets$17.17M
Cash and Balances due from Depository Institutions$203.38M
Deposits Held in Domestic Offices$1.15B

Key Performance Ratios

Return on Assets (ROA)0.67%
Return on Equity (ROE)6.9%
Net Interest Margin2.72%
Efficiency Ratio74.44%
Tier 1 Risk-Based Capital Ratio15.39%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.798%
Earning Assets to total Assets95.27%

Income and Expense

Total Interest Income$16.20M
Total Noninterest Income$3.21M
Total Interest Expense$7.41M
Total Noninterest Expense$8.94M
Net Interest Income$8.80M
Pre-tax Net Operating Income$2.80M
Provision for Credit Losses$267.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$50.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$20.49M
All Other Liabilities$10.72M
Total Liabilities and Capital$1.37B

Securities

Securities$295.89M
Available-for-sale debt securities$81.39M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$210.79M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Grove Bank & Trust?
$1.37B as of the latest filing.
How much are Grove Bank & Trust's total deposits?
$1.15B in total deposits.
Where is Grove Bank & Trust located?
Miami, FL.
What is the Net Interest Margin?
2.72%.
How many domestic offices does it operate?
5.
When was it established?
07/12/1926.
What is the Return on Assets (ROA)?
0.67%.
How much are total loans and leases?
$808.37M (latest filing).
What is the total interest income (latest filing)?
$16.20M.