Bank of Grand Lake is headquartered in Grove and is the 84th largest bank in the state of Oklahoma. It is also the 2,733rd largest bank in the nation. It was established in 2005 and as of June of 2022, it had grown to 33 employees at 2 locations. Bank of Grand Lake has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 57915 |
| Year Established | 2005 |
| Employees | 33 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 14.07% |
| Annual Interest Income | $3.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $255.7MM$211.6MM |
| Loans | Q2 2022vs Q2 2021 | $130.0MM$130.0MM |
| Deposits | Q2 2022vs Q2 2021 | $238.4MM$191.0MM |
| Equity Capital | Q2 2022vs Q2 2021 | $17.2MM$15.2MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $937.00K$871.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $53.00K$348.00K |
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| Bank of Grand Lake Locations | ||
|---|---|---|
| Bank Of Grove | 201 E 18th St | Grove, OK 74344 |
| Langley Branch | 2173 N. 3rd St. | Langley, OK 74350 |