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Overview / Commentary
529 G Ave
Grundy Center, IA 50638

GNB Bank is headquartered in Grundy Center and is the 34th largest bank in the state of Iowa. It is also the 1,361st largest bank in the nation. It was established in 1934 and as of March of 2017, it had grown to 125 employees at 11 locations. GNB Bank has an A health rating.


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Health Grade Components

FDIC Certificate #14079
Year Established1934
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.23%
Return on Equity - YTD10.08%
Annual Interest Income$5.3MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$524.5MM$505.8MM
LoansQ1 2017vs Q1 2016$380.9MM$344.0MM
DepositsQ1 2017vs Q1 2016$420.2MM$370.6MM
Equity CapitalQ1 2017vs Q1 2016$64.1MM$62.5MM
Loan Loss AllowanceQ1 2017vs Q1 2016$4.4MM$3.9MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$2.2MM$1.7MM
Real Estate OwnedQ1 2017vs Q1 2016$116.00K$140.00K

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GNB Bank Locations
Conrad Office Branch103 E CenterConrad, IA 50621
Marshalltown Branch2504 South 2nd StreetMarshalltown, IA 50158
Gnb Manchester Branch300 East Main StreetManchester, IA 52057
Gnb Bank529 G AveGrundy Center, IA 50638
Geneva Branch408 Front StreetGeneva, IA 50633
Ackley State Bank Branch650 Main StreetAckley, IA 50601
Iowa Falls Downtown Branch315 Main StreetIowa Falls, IA 50126
Story City Office629 Broad StreetStory City, IA 50248