Grand Savings Bank

Overview / Commentary
1022 South Main Street
Grove , OK 74345

Grand Savings Bank is headquartered in GROVE and is the 25th largest bank in the state of Oklahoma. It is also the 1,100th largest bank in the nation. It was established in 1981 and as of March of 2024, it had grown to 186 employees at 13 locations. Grand Savings Bank has an A health rating.

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Health Grade Components

FDIC Certificate #32084
Year Established1981
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.7%
Return on Equity - YTD17.09%
Annual Interest Income$15.1MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$913.5MM$886MM
LoansQ1 2024vs Q1 2023$722.3MM$685.1MM
DepositsQ1 2024vs Q1 2023$815.5MM$801.5MM
Equity CapitalQ1 2024vs Q1 2023$91.1MM$78.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$6.8MM$6.2MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$1.9MM$983K
Real Estate OwnedQ1 2024vs Q1 2023$483K$266K

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