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GRANITE FALLS BANK

Granite Falls, MN

Latest Health Report

Latest Update: March 31, 2021

Assets
$174,262,000
Deposits
$149,658,000
Loans
$73,953,000
Loan Loss Provision
$0
Profit
$665,000
Capital
$14,666,000
Reserves
$1,003,000
Past Due 90 Days
$0
Nonaccrual
$0
Other Real Estate Owned
$0
Capital Plus Reserves
$15,669,000
Total Troubled Assets
$0
Troubled Asset Ratio
0

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $169,976,000 $144,439,000 $79,844,000 $2,613,000 $15,799,000 $1,000 0.01
2019 $139,105,000 $108,647,000 $72,583,000 $2,353,000 $15,515,000 $0 0
2018 $139,471,000 $106,329,000 $66,792,000 $2,488,000 $15,297,000 $180,000 1.18
2016 $176,380,000 $139,864,000 $66,093,000 $3,253,000 $15,832,000 $295,000 1.86
2015 $241,778,000 $216,045,000 $74,321,000 $4,010,000 $19,591,000 $703,000 3.59