BlastPoint's Banking Scorecard
Grand Rapids State Bank
Micro
Specialty: Commercial
MN
FDIC cert 10962
Designations: ✓ Community bank
Grand Rapids, MN
2498
banks in Micro tier nationally
179 in MN
View Micro leaderboard (MN) →
Grand Rapids State Bank shows strong momentum with 1 strength and 6.2% YoY asset growth
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 1.59% above tier
Key Concerns
Areas that may need attention
No key concerns identified
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$252.8M
+6.2% YoY
+1.1% QoQ
|
+$35.3M |
$217.5M
+2.3% YoY
|
$508.2M
+6.2% YoY
|
$5.9B
+6.5% YoY
|
63% |
| Total Loans ? |
$143.7M
-5.4% YoY
-3.2% QoQ
|
+$4.5M |
$139.2M
+2.8% YoY
|
$283.0M
+6.2% YoY
|
$3.1B
+8.5% YoY
|
58% |
| Total Deposits ? |
$227.2M
+6.6% YoY
+0.9% QoQ
|
+$43.5M |
$183.7M
+1.8% YoY
|
$438.4M
+5.3% YoY
|
$4.7B
+6.3% YoY
|
66% |
| Return on Assets ? |
0.50%
-61.4% YoY
+355.8% QoQ
|
-0.59% |
1.08%
+14.7% YoY
|
1.11%
+14.5% YoY
|
1.12%
+15.6% YoY
|
18% |
| Net Interest Margin ? |
5.44%
+10.8% YoY
+1.0% QoQ
|
+1.59% |
3.85%
+6.6% YoY
|
3.81%
+8.2% YoY
|
3.75%
+7.1% YoY
|
Top 5% in tier |
| Efficiency Ratio ? |
68.38%
-4.9% YoY
-0.0% QoQ
|
+0.66% |
67.73%
-4.8% YoY
|
65.34%
-5.0% YoY
|
65.09%
-5.1% YoY
|
44% |
| Delinquency Rate ? |
0.09%
+428.7% YoY
-95.7% QoQ
|
-0.55% |
0.64%
+24.4% YoY
|
0.65%
+17.8% YoY
|
0.66%
+20.3% YoY
|
71% |
| Loan-to-Deposit Ratio ? |
63.25%
-11.3% YoY
-4.1% QoQ
|
-11.28% |
74.53%
+0.5% YoY
|
76.97%
-0.8% YoY
|
78.04%
+0.7% YoY
|
28% |
| Non-Interest-Bearing Deposit Share ? |
26.19%
+1.3% YoY
-6.9% QoQ
|
+3.79% |
22.39%
-1.3% YoY
|
21.89%
-2.6% YoY
|
21.79%
-1.3% YoY
|
67% |
| Nonperforming Asset Ratio ? |
0.73%
+0.0% YoY
-63.1% QoQ
|
+0.27% |
0.45%
+25.1% YoY
|
0.46%
+7.5% YoY
|
0.48%
+20.8% YoY
|
27% |
| Tier 1 Capital Ratio ? | 0.00% | -8.85% |
8.85%
-3.4% YoY
|
11.33%
-0.2% YoY
|
9.75%
-1.9% YoY
|
51% |
| Non-Interest Income / Assets ? |
0.61%
+3.0% YoY
+28.8% QoQ
|
+0.04% |
0.56%
+0.3% YoY
|
0.50%
+4.9% YoY
|
0.65%
+0.6% YoY
|
77% |
Signature Analysis
Strengths (1)
Net Interest Margin
metric
Top 5%
in Micro
Why this stands out
Current:
5.44%
(Tier avg: 3.85%, National avg: 3.75%)
Concerns (0)
No concerns identified
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
95
95th pctile
Net Interest Margin
Current: 5.44% · Tier avg: 3.85%
77
77th pctile
Non-Interest Income / Assets
Current: 0.61% · Tier avg: 0.56%
71
71th pctile
Delinquency Rate
Current: 0.09% · Tier avg: 0.64%
67
67th pctile
Non-Interest-Bearing Deposit Share
Current: 26.19% · Tier avg: 22.39%
66
66th pctile
Total Deposits
Current: $227.2M · Tier avg: $183.7M
63
63th pctile
Total Assets
Current: $252.8M · Tier avg: $217.5M
58
58th pctile
Total Loans
Current: $143.7M · Tier avg: $139.2M
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
44
44th pctile
Efficiency Ratio
Current: 68.38% · Tier avg: 67.73%
28
28th pctile
Loan-to-Deposit Ratio
Current: 63.25% · Tier avg: 74.53%
27
27th pctile
Nonperforming Asset Ratio
Current: 0.73% · Tier avg: 0.45%
18
18th pctile
Return on Assets
Current: 0.50% · Tier avg: 1.08%
Top Weaknesses
18
18th pctile
Return on Assets
Current: 0.50% · Tier avg: 1.08%
27
27th pctile
Nonperforming Asset Ratio
Current: 0.73% · Tier avg: 0.45%
28
28th pctile
Loan-to-Deposit Ratio
Current: 63.25% · Tier avg: 74.53%
44
44th pctile
Efficiency Ratio
Current: 68.38% · Tier avg: 67.73%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
58
58th pctile
Total Loans
Current: $143.7M · Tier avg: $139.2M
63
63th pctile
Total Assets
Current: $252.8M · Tier avg: $217.5M
66
66th pctile
Total Deposits
Current: $227.2M · Tier avg: $183.7M
67
67th pctile
Non-Interest-Bearing Deposit Share
Current: 26.19% · Tier avg: 22.39%
71
71th pctile
Delinquency Rate
Current: 0.09% · Tier avg: 0.64%
77
77th pctile
Non-Interest Income / Assets
Current: 0.61% · Tier avg: 0.56%
95
95th pctile
Net Interest Margin
Current: 5.44% · Tier avg: 3.85%