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 Granite Bank
Granite Bank
| RSSD ID 311256 | CERTIFICATE 5116 | ABA NUMBER 91904827 |
| 202 2nd Ave S |
Quarter Ended : |
2025-06-30 |
| Cold Spring, Minnesota, 56320 |
Updated : |
2025-07-26 |
| www.granitebank.com |
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| Institution Profile |
| Year Opened : |
1902 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
224 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 327,988 |
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Total Interest Income | 9,991 |
| Total Liabilities | 298,810 |
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Total NonInterest Income | 14,175 |
| Total Bank Equity Capital | 29,178 |
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Total Interest Expense | 3,745 |
| Total Deposits | 273,435 |
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Total NonInterest Expense | 18,206 |
| Net Loans & Leases | 281,378 |
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Net Income | 1,509 |
| Loan Loss Allowance | 1,871 |
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Net Charge Offs | 6 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 28,903 |
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Total loans | 283,336 |
| Total assets for the leverage ratio | 317,725 |
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Loans secured by real estate: | 208,153 |
| Tier 1 Leverage Ratio | 8.5 |
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Commercial and industrial loans | 45,077 |
| Tier 1 Capital Ratio | 9.82 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.51 |
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Loans to individuals - Other | 4,411 |
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:· Granite Bank
