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Grand River Bank
Grand River Bank
RSSD ID 3812147 | CERTIFICATE 58789 | ABA NUMBER 72414378 |
4471 Wilson Ave Sw |
Quarter Ended : |
2025-03-31 |
Grandville, Michigan, 49418 |
Updated : |
2025-04-28 |
www.grandriverbank.com |
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Institution Profile |
Year Opened : |
2009 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FED |
Member Federal Reserve : |
Yes |
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 : |
63 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 516,223 |
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Total Interest Income | 6,712 |
Total Liabilities | 467,241 |
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Total NonInterest Income | 129 |
Total Bank Equity Capital | 48,982 |
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Total Interest Expense | 3,290 |
Total Deposits | 436,653 |
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Total NonInterest Expense | 3,214 |
Net Loans & Leases | 460,669 |
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Net Income | 368 |
Loan Loss Allowance | 5,083 |
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Net Charge Offs | 4 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 54,440 |
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Total loans | 471,060 |
Total assets for the leverage ratio | 519,651 |
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Loans secured by real estate: | 434,310 |
Tier 1 Leverage Ratio | 9.47 |
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Commercial and industrial loans | 35,829 |
Tier 1 Capital Ratio | 11.37 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.57 |
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Loans to individuals - Other | 914 |
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