Overview / Commentary
American State Bank of Grygla is headquartered in Grygla and is the 212th largest bank in the state of Minnesota. It is also the 4,265th largest bank in the nation. It was established in 1976 and as of June of 2022, it had grown to 14 employees at 2 locations. American State Bank of Grygla's CD rates are 3X the national average, and it has a B health rating.
Health
B
Data as of Q2 2022
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. American State Bank of Grygla has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 22263 |
| Year Established | 1976 |
| Employees | 14 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 6.36% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $74.3MM$73.9MM |
| Loans | Q2 2022vs Q2 2021 | $33.0MM$37.4MM |
| Deposits | Q2 2022vs Q2 2021 | $69.6MM$66.9MM |
| Equity Capital | Q2 2022vs Q2 2021 | $4.5MM$6.6MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $455.00K$429.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $138.00K$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |