American State Bank of Grygla is headquartered in GRYGLA and is the 199th largest bank in the state of Minnesota. It is also the 4,056th largest bank in the nation. It was established in 1976 and as of September of 2024, it had grown to 16 employees at 2 locations. American State Bank of Grygla's money market rates are 6X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 22263 |
Year Established | 1976 |
Employees | 16 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.21% |
Return on Equity - YTD | 16.34% |
Annual Interest Income | $2.7MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $75.7MM$71.8MM |
Loans | Q3 2024vs Q3 2023 | $40.5MM$39.1MM |
Deposits | Q3 2024vs Q3 2023 | $69.2MM$67.2MM |
Equity Capital | Q3 2024vs Q3 2023 | $6.2MM$4.1MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $479K$477K |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $249K$405K |
Real Estate Owned | Q3 2024vs Q3 2023 | $73K$99K |
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APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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2.43% | $0 | - | IRA | |
2.00% | $10k | - | High Yield Savings Account | |
2.00% | $10k | - | Business High Yield Savings Account | |
0.20% | $0 | - | Regular Savings Account | |
0.20% | $0 | - | Business Regular Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.43% | $2.5k | - | MM Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.15% | $500 | - | NOW Account | |
0.15% | $500 | - | Business NOW Account |
American State Bank of Grygla Locations | ||
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American State Bank Of Grygla | 102 S Main Ave | Grygla, MN 56727 |
Erskine Br | 201 Vance Avenue | Erskine, MN 56535 |