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 Grove Bank & Trust
Grove Bank & Trust
| RSSD ID 648130 | CERTIFICATE 8018 | ABA NUMBER 66004600 |
| 2701 S Bayshore Dr |
Quarter Ended : |
2025-03-31 |
| Miami, Florida, 33133 |
Updated : |
2025-05-13 |
| www.grovebankandtrust.com |
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| Institution Profile |
| Year Opened : |
1926 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
5 |
Number of Employees : |
108 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,369,731 |
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Total Interest Income | 14,609 |
| Total Liabilities | 1,243,308 |
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Total NonInterest Income | 2,716 |
| Total Bank Equity Capital | 126,423 |
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Total Interest Expense | 7,480 |
| Total Deposits | 1,132,274 |
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Total NonInterest Expense | 7,992 |
| Net Loans & Leases | 734,940 |
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Net Income | 1,167 |
| Loan Loss Allowance | 11,229 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 139,764 |
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Total loans | 713,046 |
| Total assets for the leverage ratio | 1,330,002 |
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Loans secured by real estate: | 558,809 |
| Tier 1 Leverage Ratio | 9.69 |
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Commercial and industrial loans | 141,772 |
| Tier 1 Capital Ratio | 14.86 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.11 |
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Loans to individuals - Other | 13,210 |
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:· Grove Bank & Trust
