Granite Falls Bank

Granite Falls Bank is headquartered in Granite Falls and is the 85^th largest bank in the state of Minnesota. It is also the 3,150^th largest bank in the nation. It was established in 1878 and as of March of 2012, it had grown to 17 employees at 1 location. Granite Falls Bank has a 5-star health rating.

Granite Falls Bank Routing Number: 091902793

Data for Q1 2012

Institution Statistics Granite Falls Bank FDIC Certificate # 10998 BankRate Report View Year Established 1878 Employees 17 Primary Regulator FDIC Assets and Liabilities Assets $197.61 million Loans $48.85 million Deposits $169.59 million Equity Capital $21.23 million Loan Loss Allowance $416,000 Unbacked Noncurrent Loans $286,000 Historic Data - March 2011 Assets $193.02 million Equity Capital $17.46 million Loan Loss Allowance $621,000 Unbacked Noncurrent Loans $9,000 Profit Margin - Quarterly Net Interest Margin 2.77% Return on Assets 1.6% Return on Equity 14.44% Interest Income $1.45 million

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 Granite Falls Bank had $286,000 in non-current loans and owned real-estate with $21.64 million in equity and loan loss allowances on hand to cover it. This gives Granite Falls Bank a Texas Ratio of 1.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Granite Falls Bank held steady from 0.05% as of March 31, 2011 to 1.32% as of March 31, 2012, resulting in a negative change of 2,555.32%. This indicates that the balance sheet and financial strength for Granite Falls Bank has held steady in recent periods. Deposit Growth In the past year, Granite Falls Bank has decreased its total deposits by $-226,000, resulting in -0.13% 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 Granite Falls Bank has shown is average. 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. Granite Falls Bank has $197.61 million in assets with $21.64 million in equity, resulting in a capitalization level of 10.95%, which is above average.

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