Grinnell State Bank is headquartered in GRINNELL and is the 61st largest bank in the state of Iowa. It is also the 1,780th largest bank in the nation. It was established in 1925 and as of September of 2024, it had grown to 51 employees at 4 locations. Grinnell State Bank has a C+ health rating.
Overall | |
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FDIC Certificate # | 11347 |
Year Established | 1925 |
Employees | 51 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.61% |
Return on Equity - YTD | 7.51% |
Annual Interest Income | $17.8MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $508.3MM$461.1MM |
Loans | Q3 2024vs Q3 2023 | $374.6MM$331.1MM |
Deposits | Q3 2024vs Q3 2023 | $344.3MM$365MM |
Equity Capital | Q3 2024vs Q3 2023 | $42.6MM$31.8MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $3.7MM$3.7MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $6.7MM$0 |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for Grinnell State Bank are currently being reviewed.
Grinnell State Bank Locations | ||
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Marengo Branch | 1101 Court Avenue | Marengo, IA 52301 |
Polk City Branch | 205 Broadway | Polk City, IA 50226 |
Johnston Branch | 5601 Merle Hay Road | Johnston, IA 50131 |
Grinnell State Bank | 814 4th Ave | Grinnell, IA 50112 |