Grand Timber Bank

Overview / Commentary

www.grandtimberbank.com

218-768-2410

204 North Maddy Street
Mcgregor, MN 55760

Grand Timber Bank is headquartered in Mcgregor and is the 252^nd largest bank in the state of Minnesota. It is also the 5,045^th largest bank in the nation. It was established in 1963 and as of December of 2018, it had grown to 10 employees at 1 location. Grand Timber Bank's CD rates are 51% higher than the national average, and it has a B health rating.

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Health

Data as of Q4 2018

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Additional 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 Timber Bank has a low asset base.

Health Grade Components

Overall
FDIC Certificate #	18719
Year Established	1963
Employees	10
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.49%
Return on Equity - YTD	11.26%
Annual Interest Income	$1.9MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$43.3MM$41.6MM
Loans	Q4 2018vs Q4 2017	$27.1MM$25.8MM
Deposits	Q4 2018vs Q4 2017	$37.5MM$35.9MM
Equity Capital	Q4 2018vs Q4 2017	$5.7MM$5.7MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$829.00K$869.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$1.2MM$1.3MM
Real Estate Owned	Q4 2018vs Q4 2017	$79.00K$392.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Grand Timber Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$50	-	Statement Savings Account
0.15%	-	-	Housing/Lawyer Trust

Grand Timber Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$25k^*	-	Money Market Savings Account
OTHER TIERS: 0.20% → Up to $2.5k \| 0.25% → $2.5k - $25k

Grand Timber Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$600	-	Now Checking Account

Grand Timber Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.86%^*	$75k^*	-	36 Month CD
OTHER TIERS: 1.66% → $500 - $25k \| 1.76% → $25k - $75k
1.71%^*	$75k^*	-	30 Month CD
OTHER TIERS: 1.51% → $500 - $25k \| 1.61% → $25k - $75k
1.56%^*	$75k^*	-	24 Month CD
OTHER TIERS: 1.36% → $500 - $25k \| 1.46% → $25k - $75k
1.41%^*	$75k^*	-	18 Month CD
OTHER TIERS: 1.21% → $500 - $25k \| 1.31% → $25k - $75k
1.36%^*	$75k^*	-	12 Month CD
OTHER TIERS: 1.16% → $500 - $25k \| 1.26% → $25k - $75k
0.75%	$2.5k	-	182 Day CD
0.60%	$2.5k	-	91 Day CD

Grand Timber Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.86%^*	$75k^*	-	36 Month IRA
OTHER TIERS: 1.66% → $500 - $25k \| 1.76% → $25k - $75k
1.71%^*	$75k^*	-	30 Month IRA
OTHER TIERS: 1.51% → $500 - $25k \| 1.61% → $25k - $75k
1.56%^*	$75k^*	-	24 Month IRA
OTHER TIERS: 1.36% → $500 - $25k \| 1.46% → $25k - $75k
1.41%^*	$75k^*	-	18 Month IRA
OTHER TIERS: 1.21% → $500 - $25k \| 1.31% → $25k - $75k
1.36%^*	$75k^*	-	12 Month IRA
OTHER TIERS: 1.16% → $500 - $25k \| 1.26% → $25k - $75k
0.75%	$2.5k	-	182 Day IRA
0.60%	$2.5k	-	91 Day IRA

Locations

Grand Timber Bank Locations
Grand Timber Bank	204 North Maddy Street	Mcgregor, MN 55760

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