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Is Grove Bank Safe?

Grove Bank has a Bank Health Score of 90/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (28/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio16.47%100/100
Nonperforming Loan Ratio0.46%91/100
Liquidity Ratio32.34%100/100
Return on Assets0.19%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.

Grove Bank has a Bank Health Score of 90/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (28/100).