How Big Is Grove Bank?
Grove Bank holds $54M in total assets and $42M in deposits, making it a small bank by U.S. standards. By total assets it is the 3,710th-largest of the 3,960 FDIC-insured banks we track. Those figures come from Grove Bank's latest FDIC call report (cert #8857); it is one of the smallest FDIC-insured institutions, with under $100 million in assets.
This page answers a common banking-safety question: How Big Is Grove Bank?. The answer draws on FDIC Call Report filings, the quarterly disclosure every FDIC-insured bank submits covering capital, assets, loans, deposits, and earnings. Call Report data is one of the most comprehensive bank-level public-records systems in the U.S. financial system. Why this matters for depositors: most U.S. consumer deposits are FDIC-insured up to $250,000 per depositor per insured bank, so bank failure does not directly threaten typical retail deposits within that limit. But the bank-health analysis is still useful for above-limit deposits (small businesses, treasurers, high-net-worth depositors) and for understanding the broader stability of regional banking.
The detailed answer below uses the actual FDIC Call Report numbers, explains how to read them, and translates the regulatory accounting into the depositor-relevant interpretation of the question.
Grove Bank Size at a Glance
- Total assets
- $54M
- Total deposits
- $42M
- Domestic deposits
- $42M
- Size class
- small bank
- Rank by assets
- #3,710 of 3,960
- Headquarters
- Grove City, Minnesota
Source: FDIC Call Report data (cert #8857). Figures reflect the latest reported quarter.
With $54M in total assets, Grove Bank is one of the smallest FDIC-insured institutions, with under $100 million in assets. Nationally, that makes it the 3,710th-largest of the 3,960 FDIC-insured banks we track. The bank funds those assets largely with $42M in customer deposits — a typical structure for a U.S. bank, where deposits are the primary funding source for lending.
Key Data
| Metric | Value | Score |
|---|---|---|
| Tier 1 Capital Ratio | 16.47% | 100/100 |
| Nonperforming Loan Ratio | 0.46% | 91/100 |
| Liquidity Ratio | 32.34% | 100/100 |
| Return on Assets | 0.19% | 28/100 |
| Total Assets | $0.1B | |
How does Grove Bank compare?
With a Bank Health Score of 90/100, Grove Bank sits 20.0 points above the national average of 70/100 for FDIC-insured banks. Within Minnesota, where 225 FDIC-insured banks are headquartered, Grove Bank ranks above the state average of 73/100 (Grade B).
The bank's Tier 1 capital ratio of 16.47% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.46% is healthy — most loans are current.
What changed in the last year?
Over the last four quarters, Grove Bank's Bank Health Score improved by 1.0 points to 90/100. Tier 1 capital weakened by 1.15 percentage points to 16.47%. Quarter-over-quarter, the score rose by 2.0 points.
Frequently Asked Questions
Grove Bank holds $54M in total assets and $42M in deposits, making it a small bank by U.S. standards. By total assets it is the 3,710th-largest of the 3,960 FDIC-insured banks we track. Those figures come from Grove Bank's latest FDIC call report (cert #8857); it is one of the smallest FDIC-insured institutions, with under $100 million in assets.
Grove Bank ranks 3,710th by total assets out of the 3,960 FDIC-insured banks BankHealth tracks. Its $54M in assets classify it as a small bank.
Grove Bank reports $54M in total assets and $42M in total deposits ($42M of it domestic). Total assets include loans, securities, and cash the bank owns; deposits are the money customers have placed with the bank. Deposits are typically a bank's largest funding source, and FDIC insurance covers each depositor up to $250,000 per ownership category.
Size and safety are different things. A bank's size (total assets) measures scale, not health — small banks and large banks can each be financially strong or weak. Grove Bank earns a Bank Health Score of 90/100 (grade A) on capital, loan quality, liquidity, and profitability, independent of its $54M asset base. For deposits within the $250,000 FDIC limit, size does not change your insurance protection.
Yes. Grove Bank (FDIC certificate #8857) is FDIC-insured, meaning each depositor is covered up to $250,000 per ownership category if the bank fails. FDIC insurance protects checking, savings, money market, and CD deposits — it does not cover stocks, bonds, mutual funds, or annuities.
More about Grove Bank
Grove Bank holds $54M in total assets and $42M in deposits, making it a small bank by U.S. standards. By total assets it is the 3,710th-largest of the 3,960 FDIC-insured banks we track. Those figures come from Grove Bank's latest FDIC call report (cert #8857); it is one of the smallest FDIC-insured institutions, with under $100 million in assets.