Grinnell State Bank
Grinnell, Iowa · FDIC Cert #11347
Grinnell State Bank is an FDIC-insured bank (Certificate #11347) with $494M in total assets and $348M in total deposits as of the Q2 2024 Call Report. Headquartered in Grinnell, Iowa, the bank maintains a Tier 1 capital ratio of 13.76% (Well-Capitalized) and a nonperforming loan ratio of 1.39%. BankHealthData assigns a composite Health Grade of B (75/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Grinnell State Bank (FDIC cert 11347) is a community bank — $494M in total assets, $348M in deposits, serving the Grinnell, Iowa area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 13.76% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 1.39% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 21.8% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.76% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Grinnell State Bank carries a composite BankHealth grade of B (75/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Grinnell State Bank
- Total Assets
- $494M
- Total Deposits
- $348M
- Tier 1 Capital Ratio
- 13.76%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.39%
- Liquidity Ratio
- 21.77%
- Return on Assets
- 0.76%
- Headquarters
- Grinnell, Iowa
- FDIC Certificate
- #11347
- Health Grade
- B (75/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Grinnell State Bank holds a Tier 1 capital ratio of 13.76%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Grinnell State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Grinnell State Bank shows strong financial health indicators. With $494M in assets and a Health Score of 75/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Grinnell State Bank Compares
Grinnell State Bank’s Health Score of 75 is 7 points above the Iowa state average of 68 across 162 FDIC-insured banks. Its 13.76% Tier 1 capital ratio is 0.2 points below the US banking industry average near 14%. The 1.39% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.76% is below the national ROA benchmark of ~1.1%. Among 1466 similarly-sized banks, the average Health Score is 70, meaning this bank ranks above its size cohort. Site-wide, Grinnell State Bank is 5 points above the portfolio average of 70.
Frequently Asked Questions
Grinnell State Bank has a Bank Health Score of B (75/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 13.76%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Grinnell State Bank's Tier 1 capital ratio of 13.76% and nonperforming loan ratio of 1.39% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Grinnell State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #11347). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Grinnell State Bank holds $494M in total assets and $348M in total deposits. It is headquartered in Grinnell, Iowa (FDIC Certificate #11347).
Grinnell State Bank has a Tier 1 capital ratio of 13.76%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.39%, and the return on assets is 0.76%.
Yes. Grinnell State Bank is FDIC-insured (Certificate #11347). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Grinnell State Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.