# GRAND RIVER BANK
GRANDVILLE, MI · FDIC certificate 58789 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $507.3M | |
| Deposits | $446.1M | |
| Loans and leases | $428.4M | |
| Total equity | $51.0M | |
| Loans / deposits | 94.95% (p82 of band) | 82.04% |
| Liquid assets / assets | 14.25% (p14 of band) | |
| Uninsured deposits / deposits | 29.41% (p64 of band) | 25.97% |
| Brokered deposits | 12.14% | |
| Wholesale funding | 13.62% (p84 of band) | |
| FHLB advances / assets | 1.48% | |
| Tier 1 leverage | 10.19% (p39 of band) | 10.81% |
| Unrealized securities loss / equity | -3.50% (p70 of band) | -8.10% |
| AOCI / equity | -0.07% (p68 of band) | |
| ROA (annualized) | 0.62% (p15 of band) | 1.28% |
| Net interest margin | 2.87% (p7 of band) | 3.91% |
| Efficiency ratio | 79.05% (p88 of band) | |
| Noncurrent loans | 0.17% (p31 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 669.64% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 8.72% (p12 of band) | |
| Auto loans | $34,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.5% | |
| Employees | 62 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, expense ratio p90 |  |
| 2011-06 | 3 | reserve under noncurrent |  |
| 2011-09 | 4 | capital falling |  |
| 2011-12 | 3 |  | reserve under noncurrent |
| 2012-03 | 5 | loans exceed deposits, liquid assets <10% |  |
| 2012-06 | 4 |  | liquid assets <10% |
| 2012-09 | 5 | liquid assets <10% |  |
| 2012-12 | 4 |  | liquid assets <10% |
| 2013-03 | 3 |  | loans exceed deposits |
| 2013-06 | 4 | loans exceed deposits |  |
| 2013-09 | 3 |  | loans exceed deposits |
| 2013-12 | 1 |  | expense ratio p90, capital falling |
| 2014-03 | 3 | expense ratio p90, charge-offs p90 |  |
| 2014-06 | 3 | liquid assets <10% | charge-offs p90 |
| 2014-09 | 4 | loans exceed deposits |  |
| 2014-12 | 1 |  | losing money, expense ratio p90, liquid assets <10% |
| 2015-03 | 2 | liquid assets <10% |  |
| 2015-06 | 3 | capital falling |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 0 |  | loans exceed deposits, liquid assets <10%, capital falling |
| 2016-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | capital falling |  |
| 2017-03 | 0 |  | loans exceed deposits, liquid assets <10%, capital falling |
| 2017-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | capital falling |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 1 |  | liquid assets <10%, capital falling |
| 2019-12 | 2 | liquid assets <10% |  |
| 2020-03 | 3 | capital falling |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 | wholesale funding >15% | liquid assets <10%, capital falling |
| 2020-12 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | expense ratio p90 | capital falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | construction >100% equity |  |
| 2022-12 | 4 | capital falling, losing money |  |
| 2023-03 | 4 | loans exceed deposits, liquid assets <10% | construction >100% equity, capital falling |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 5 | uninsured deposits leaving |  |
| 2024-03 | 6 | brokered >10%, NIM <2.5% | losing money |
| 2024-06 | 7 | wholesale funding >15% |  |
| 2024-09 | 5 |  | NIM <2.5%, wholesale funding >15% |
| 2024-12 | 7 | wholesale funding >15%, deposits shrinking |  |
| 2025-03 | 7 | assets shrinking | uninsured deposits leaving |
| 2025-06 | 8 | uninsured deposits leaving |  |
| 2025-09 | 3 |  | loans exceed deposits, liquid assets <10%, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2025-12 | 3 |  |  |
| 2026-03 | 2 |  | expense ratio p90 |
| 2026-06 | 1 |  | wholesale funding >15% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-06-17 [Michigan bank to buy in-state peer for $54.6M - Banking Dive](https://news.google.com/rss/articles/CBMihwFBVV95cUxPbl9uRWE4cUE3OXZmMVEtdnBFODg3bE9oemZTQ0tibXlCVW0xZ1ZFM0JvbXB2OHBrVTZ4NUk3am41Y1VPQWtsTmZiU2lVdmNlaklzNmdUdDhVbi1YTDJROFBlbVlLWEcyaHVtU1JNd0JBN0pia2NkWkNXTVNxTk5lN1IzU21BOE0?oc=5) · Banking Dive
- 2026-08-27 [Grand River Bank Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMickFVX3lxTE9Ddjh1Rk9FVnF2d1o5VHBpSkpjUUJ6bUJObzltMEgxbTVfYTRBZ3htZWRUV0lmbDlOdDFUc2RMLUZkRU1Xdi1ZT0sxdV94Qk8yQUhQMmN1elhQeEUyLXpIdkRFbjJtbEM1bG1jMWhMRml5UQ?oc=5) · reveliolabs.com
- 2026-06-16 [Michigan bank strikes deal for an in-state rival - American Banker](https://news.google.com/rss/articles/CBMiswFBVV95cUxNMkxNU1YwUldZTExfLVVidmhTMVZRZzV4QkZfODdCck5VbTdySzd0U0JIV2lHM1dXZWFmRGJnZ1FULVlTUmRuX096QmZxN0VfOUd1QXlUeHc2VV82MVNrX3AyemVzdzNzSXQxRnFxbDU1UDY0V1BuU3pObkRuZW56bUNYWTFWa2h0WElzbWlOWHpvQXQtcmdVczJESXZTVjM2VVN5N2pVUXJaXzlQUUwtV0o1QQ?oc=5) · American Banker
- 2026-06-15 [Mid-Michigan bank to acquire Grand River for $54.6M - WOODTV.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxQTVlycWxmN1l4bGc4Z2pKdHdZNkFZLWFvLURwOG1vZERvbVh2Vlg1M2w4c3RvaGhhYXVnMHRSY2ZFRFNHWEYxSDNXa01PUWNUSTFhN1BGZFQ3ZS1XS1hpbWpMLWJSNEVYRXVjcXo4UTdSdmpLbEk2ZTlVWnhSYlZPU19teUU0RjFXajBhSDhkby01Q29LcVlV0gGcAUFVX3lxTE9Yc0FGanpLUW5KM2ZTYUppZEJLMkN0STBod1BmR0F5b0ZTM0FMUWJoRjVWZmp6R2t4NUF6OFNrclpNZW5NUUl3eDhTS3k5UElWMlVHUkVvUkNkUFRVTVZIcFNKTXJTYWlINkpjVU1XSmFUenBxSGVJOWlfWVlOYVhNZm5UVWJ6aWhhZklMVlV2TDBTU0FqeVhVdmd2cQ?oc=5) · WOODTV.com
- 2026-06-12 [Isabella Bank to acquire Grand River Bank for $54.6 million - 9and10News.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxNWDBJa0sxM3I5amJ3ZU5vd3ZnTnVGbF9qTHZWU1ljaU0tcEVoOF9qMDk3ck5QWl9hWnRhOVFySjYwX2RLWUVGVGVSU1FORG9zckhaRUtkWHhDVXktSVE5MnFuUjVDbEI3cENqSGdFbmlUUC1nSVpwMVdsZEtCTlV3Z0ZiQVp0TEdpV256MUlVNy1Wa1hyNTV2SUZKSWM?oc=5) · 9and10News.com
- 2026-06-12 [Isabella Bank Corporation to Acquire Grand River Commerce, Inc. - ACCESS Newswire](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNWlBMTXdLSFVueVJ3WTZjejJaRjA2X08yR3hsWGgxTDBHN2lGMWtsTWFFRmlOR1lSSDBKbGxVaWdKeE02WU4tVjRXNmI4TVU2bG5XajJ4U3cwNXJiR2FQVDI4VURUbkJ0Tjd4b3NmTWhpanJ3RXZxbG0xVHpJX2NmMEFBaURSSHNUeVpJenJ4UEFvODBlTVNTQmdLUEpNeVBjYzgzYW53Q0dISm1hRmNUZVpkRW11NWNpTjFKLW1FN2tjeFBrTGN0X1ptRWQtcUxfOTU5SG5IQ21RVXdl?oc=5) · ACCESS Newswire
- 2026-06-15 [Grand River deal gives Isabella Bank a path into Grand Rapids market - Crain's Grand Rapids](https://news.google.com/rss/articles/CBMixAFBVV95cUxNQTNYNTBHeWhUbm5RTVdXNTNxMTVkUDV3VlpkSGEzX2V4blZnVGZnd0p3OGR3WHFWX19Nby1nTTZuUExqRV9qbUg1czk1S01ldElrZHIwc1FZNXBNNVdaTHl2U1liSTRHa2NuQlFJVTRZV2hycHB6QnpRbGRRbWRJMEJmX3Y3Z3lLWndFeWhueDJUQVNsM3N1N0x3dUpxOGhyQnR4WE9mbDY2MnJEMEJMdkRkQ0JIbmFoVVl0XzBIMWtRNnpu?oc=5) · Crain's Grand Rapids
- 2026-06-12 [Isabella Bank Corporation to Acquire Grand River Commerce in $54.6 Million Deal - citybiz](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNU3JXZmdodm1aZG9GOGVvdkxIZlIwREZ4VXNBaVpLdmc1OGQ5ZXB4OC1IdW81VjBYSHMtOFBWM21ZUkpwSGRNazhMeURkcWs0TW9waVhCSUs2ajJyWGxZMHRjNUw2NE5FWW4wcEZPeFJrOGdJQjRqQjIwaEFmaXZzU05rX1VRb1VkOW5SN3BmOXZlM1lXeEpYQVdyd2ZKTEFYM050X1UzQy0zQlpLMS1kWXdraHB3ME1Y?oc=5) · citybiz

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58789 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/37.json (key "58789", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide