Gratiot State Bank

Gratiot State Bank is headquartered in Gratiot and is the 253^rd largest bank in the state of Wisconsin. It is also the 6,551^st largest bank in the nation. It was established in 1902 and as of March of 2012, it had grown to 5 employees at 1 location. Gratiot State Bank's savings rates are 4X the national average, and it boasts a 5-star health rating.

Gratiot State Bank Routing Number: 075905457

Gratiot State Bank Checking Account Rates

Gratiot State Bank Savings Account Rates

Gratiot State Bank Money Market Rates

Gratiot State Bank CD Rates

Gratiot State Bank IRA Rates

Data for Q1 2012

Institution Statistics Gratiot State Bank FDIC Certificate # 8694 BankRate Report View Year Established 1902 Employees 5 Primary Regulator FDIC Assets and Liabilities Assets $43.57 million Loans $10.55 million Deposits $38.21 million Equity Capital $5.00 million Loan Loss Allowance $116,000 Real Estate Owned $206,000 Historic Data - March 2011 Assets $40.75 million Equity Capital $4.39 million Loan Loss Allowance $130,000 Unbacked Noncurrent Loans $273,000 Profit Margin - Quarterly Net Interest Margin 2.38% Return on Assets 0.91% Return on Equity 7.72% Interest Income $386,000

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 Gratiot State Bank had $206,000 in non-current loans and owned real-estate with $5.12 million in equity and loan loss allowances on hand to cover it. This gives Gratiot State Bank a Texas Ratio of 4.03% 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 Gratiot State Bank decreased slightly from 6.04% as of March 31, 2011 to 4.03% as of March 31, 2012, resulting in a positive change of 33.39%.This indicates that the balance sheet and financial strength for Gratiot State Bank has improved slightly in recent periods. Deposit Growth In the past year, Gratiot State Bank has increased its total deposits by $1.96 million, resulting in 5.4% 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 Gratiot State 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. Gratiot State Bank has $43.57 million in assets with $5.12 million in equity, resulting in a capitalization level of 11.75%, which is above average.

No reviews have been left for this bank yet. Be the first to review.