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Overview / Commentary
204 North Maddy Street
Mcgregor, MN 55760

Grand Timber Bank is headquartered in Mcgregor and is the 293rd largest bank in the state of Minnesota. It is also the 6,229th largest bank in the nation. It was established in 1963 and as of March of 2014, it had grown to 13 employees at 1 location. Grand Timber Bank has a C+ health rating.

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Grand Timber Bank has a low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Grand Timber Bank had $2.1 million in non-current loans and owned real-estate with $7.07 million in equity and loan loss allowances on hand to cover it. This gives Grand Timber Bank a Texas Ratio of 29.72% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Grand Timber Bank decreased dramatically from 47.16% as of March 31, 2013 to 29.72% as of March 31, 2014, resulting in a positive change of 36.99%.This indicates that the balance sheet and financial strength for Grand Timber Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Grand Timber Bank has decreased its total deposits by -$3.96 million, resulting in -10.45% 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 Timber Bank has shown is poor.



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 Timber Bank has $39.94 million in assets with $7.07 million in equity, resulting in a capitalization level of 17.71%, which is excellent.

Institution Statistics

FDIC Certificate #18719
Year Established1963
Primary RegulatorFDIC
Assets and Liabilities
Assets$39.94 million
Loans$26.25 million
Deposits$33.97 million
Equity Capital$5.84 million
Loan Loss Allowance$1.23 million
Unbacked Noncurrent Loans$857,000
Real Estate Owned$1.25 million
Historic Data - March 2013
Assets$43.50 million
Equity Capital$5.39 million
Loan Loss Allowance$1.33 million
Unbacked Noncurrent Loans$857,000
Real Estate Owned$1.50 million
Profit Margin - Quarterly
Net Interest Margin4.7%
Return on Assets0.79%
Return on Equity5.45%
Interest Income$471,000

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Grand Timber Bank Savings Account Rates

0.11%$50-Statement Savings Account
0.11%--Housing/Lawyer Trust

Grand Timber Bank Money Market Rates

0.20%$25k-Money Market Savings Account

Grand Timber Bank Checking Account Rates

0.05%$600-Now Checking Account

Grand Timber Bank CD Rates

1.30%$75k-36 Month CD
1.08%$75k-30 Month CD
0.90%$75k-24 Month CD
0.70%$75k-18 Month CD
0.64%$75k-12 Month CD
0.33%$2,500-182 Day CD
0.22%$2,500-91 Day CD

Grand Timber Bank Locations
Grand Timber Bank204 North Maddy StreetMcgregor, MN 55760