Overview / Commentary
Grand Rivers Community Bank is headquartered in Grand Chain and is the 382nd largest bank in the state of Illinois. It is also the 4,780th largest bank in the nation. It was established in 1902 and as of March of 2022, it had grown to 8 employees at 2 locations. Grand Rivers Community Bank has a C- health rating.
Health
C-
Data as of Q1 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. Grand Rivers Community Bank has a low asset base, and a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10816 |
| Year Established | 1902 |
| Employees | 8 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -3.91% |
| Return on Equity - YTD | -35.13% |
| Annual Interest Income | $156.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $14.8MM$21.5MM |
| Loans | Q1 2022vs Q1 2021 | $8.8MM$13.4MM |
| Deposits | Q1 2022vs Q1 2021 | $12.6MM$19.8MM |
| Equity Capital | Q1 2022vs Q1 2021 | $1.6MM$674.00K |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $386.00K$407.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $41.00K$1.8MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $620.00K$620.00K |