Skip to main content
BankHealth

GROVE BANK&TRUST

MIAMI, FLORIDA · FDIC Cert #8018

A
Health Score
92/100
$1.2B
Total Assets
$936M
Total Deposits
17.17%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, GROVE BANK&TRUST holds a Tier 1 capital ratio of 17.17%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning GROVE BANK&TRUST has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
45.99%
Liquidity Ratio
Strong — can meet withdrawal demands
-0.03%
Return on Assets
Negative — losing money
$936M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

GROVE BANK&TRUST shows strong financial health indicators. With $1.2B in assets and a Health Score of 92/100, 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.

Frequently Asked Questions

GROVE BANK&TRUST has a Bank Health Score of A (92/100). It holds a Tier 1 capital ratio of 17.17%, 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.

GROVE BANK&TRUST holds $1.2B in total assets and $936M in total deposits. It is located in MIAMI, FLORIDA (FDIC Certificate #8018).

GROVE BANK&TRUST has a Tier 1 capital ratio of 17.17%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is -0.03%.

Yes. GROVE BANK&TRUST is FDIC-insured (Certificate #8018). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

Last updated: