Grove Bank
Grove City, MN
IDRSSD: 79257
Total Assets
$56.64M
Latest filing
Total Deposits
$45.09M
Latest filing
Net Interest Margin
4.30%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Grove Bank
110 Atlantic Ave W
Grove City, MN 56243
Full Service - Brick and Mortar
Updated 01/30/2026Established 12/07/1907FDIC Certificate 5652
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Grove Bank (Main) | 110 Atlantic Ave W | Grove City, MN | ||
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 | 12/07/1907 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56243 |
| State and County Number | 27093 |
| 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 | N/A |
Operational Info
| Number of Employees | 14 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.grovebancorp.com |
| Data Updated | 01/30/2026 |
| CERT | 8857 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $56.64M |
| Total Deposits | $45.09M |
| Total Liabilities | $49.61M |
| Total Equity Capital | $7.03M |
| Net Income | $38.00k |
| Net Loans and Leases | $35.62M |
| Assets Per Employee ($Millions) | $4.05M |
| Bank Premises and Fixed Assets | $250.00k |
| Cash and Balances due from Depository Institutions | $6.20M |
| Deposits Held in Domestic Offices | $45.09M |
Key Performance Ratios
| Return on Assets (ROA) | 0.27% |
| Return on Equity (ROE) | 2.17% |
| Net Interest Margin | 4.3% |
| Efficiency Ratio | 85.57% |
| Tier 1 Risk-Based Capital Ratio | 13.437% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.415% |
| Earning Assets to total Assets | 93.69% |
Income and Expense
| Total Interest Income | $867.00k |
| Total Noninterest Income | $13.00k |
| Total Interest Expense | $291.00k |
| Total Noninterest Expense | $529.00k |
| Net Interest Income | $576.00k |
| Pre-tax Net Operating Income | $60.00k |
| Provision for Credit Losses | $0 |
| 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 | $4.36M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $163.00k |
| Total Liabilities and Capital | $56.64M |
Securities
| Securities | $12.15M |
| Available-for-sale debt securities | $9.62M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $1.85M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Grove Bank?
$56.64M as of the latest filing.
How much are Grove Bank's total deposits?
$45.09M in total deposits.
Where is Grove Bank located?
Grove City, MN.
What is the Net Interest Margin?
4.30%.
How many domestic offices does it operate?
1.
When was it established?
12/07/1907.
What is the Return on Assets (ROA)?
0.27%.
How much are total loans and leases?
$35.62M (latest filing).
What is the total interest income (latest filing)?
$867.00k.