Institution Statistics
| Grand River Bank | | FDIC Certificate # | 58789 | | BankRate Report | View | | Year Established | 2009 | | Employees | 21 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $79.57 million | | Loans | $71.05 million | | Deposits | $69.54 million | | Equity Capital | $9.80 million | | Loan Loss Allowance | $842,000 | | Unbacked Noncurrent Loans | $689,000 |
Historic Data - March 2011 | | Assets | $57.79 million | | Equity Capital | $10.31 million | | Loan Loss Allowance | $510,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.58% | | Return on Assets | -0.38% | | Return on Equity | -3.09% | | Interest Income | $897,000 |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Grand River Bank had $689,000 in non-current loans and owned real-estate with $10.64 million in equity and loan loss allowances on hand to cover it. This gives Grand River Bank a Texas Ratio of 6.47% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Grand River Bank has increased its total deposits by $22.21 million, resulting in 46.93% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Grand River Bank has shown is excellent. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Grand River Bank has $79.57 million in assets with $10.64 million in equity, resulting in a capitalization level of 13.37%, which is excellent. |
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