Grinnell State Bank

Grinnell State Bank is headquartered in Grinnell and is the 63^rd largest bank in the state of Iowa. It is also the 2,448^th largest bank in the nation. It was established in 1925 and as of March of 2012, it had grown to 61 employees at 5 locations. Grinnell State Bank has a 3-star health rating.

Grinnell State Bank Routing Number: 073901725

Data for Q1 2012

Institution Statistics Grinnell State Bank FDIC Certificate # 11347 BankRate Report View Year Established 1925 Employees 61 Primary Regulator FDIC Assets and Liabilities Assets $263.89 million Loans $159.35 million Deposits $217.80 million Equity Capital $24.15 million Loan Loss Allowance $832,000 Unbacked Noncurrent Loans $1.82 million Real Estate Owned $2.72 million Historic Data - March 2011 Assets $166.78 million Equity Capital $22.06 million Loan Loss Allowance $774,000 Unbacked Noncurrent Loans $79,000 Profit Margin - Quarterly Net Interest Margin 3.92% Return on Assets 1.05% Return on Equity 11.6% Interest Income $2.87 million

Institution Health Overall Score: 3 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 Grinnell State Bank had $4.54 million in non-current loans and owned real-estate with $24.98 million in equity and loan loss allowances on hand to cover it. This gives Grinnell State Bank a Texas Ratio of 18.16% 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 Grinnell State Bank increased slightly from 0.35% as of March 31, 2011 to 18.16% as of March 31, 2012, resulting in a negative change of 5,148.61%. This indicates that the balance sheet and financial strength for Grinnell State Bank has declined slightly in recent periods. Deposit Growth In the past year, Grinnell State Bank has increased its total deposits by $85.98 million, resulting in 65.22% 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 Grinnell 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. Grinnell State Bank has $263.89 million in assets with $24.98 million in equity, resulting in a capitalization level of 9.47%, which is average.

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