# GROVE BANK
GROVE CITY, MN · FDIC certificate 8857 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. 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 | $56.4M | |
| Deposits | $45.4M | |
| Loans and leases | $41.4M | |
| Total equity | $7.0M | |
| Loans / deposits | 90.23% (p80 of band) | 73.59% |
| Liquid assets / assets | 22.54% (p27 of band) | |
| Uninsured deposits / deposits | 13.53% (p26 of band) | 19.81% |
| Brokered deposits | 0.44% | |
| Wholesale funding | 7.05% (p79 of band) | |
| FHLB advances / assets | 6.60% | |
| Tier 1 leverage | 9.95% (p24 of band) | 11.76% |
| Unrealized securities loss / equity | -7.64% (p47 of band) | -6.57% |
| AOCI / equity | -0.67% (p37 of band) | |
| ROA (annualized) | 0.21% (p10 of band) | 1.17% |
| Net interest margin | 4.57% (p79 of band) | 3.93% |
| Efficiency ratio | 92.02% (p91 of band) | |
| Noncurrent loans | 0.11% (p35 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p38 of band) | |
| Reserve coverage of noncurrent | 830.43% | |
| Real estate % of loans | 64% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $145,000 (0.35% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.9% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

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

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

- 2024-11-13 [Grove Bank & Trust taps new CFO from local competitor - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxQSTZoZnY1U0pRZ3hybmtTNzVpZ2wtWmd5cXF3ZlRTYjMwSUdjeEhiQXF1cDdmRlVNWUFLcjNERUJCdWtBal8zWnJ6Qm55NzBMRVpMRElqNXZxNnZTME5sRTlLbEM5TlNMQUZYUjhBRllmWWNtdTF3Z3NiSjhhemdsWjFFSGpwZGtfdFhhTU5oa1piWWE0SlVQaUxmajFKUHRiMEdvcE13UndpSlFHVEg1Rw?oc=5) · The Business Journals
- 2021-11-30 [Man Arrested After Allegedly Robbing Cottage Grove Bank, Fleeing On Foot - CBS News](https://news.google.com/rss/articles/CBMinwFBVV95cUxPSmk4U25BcDFJbUlaaVlQQXNwOFFyQlhzNkc2RExmcnhscTJWZ3h1aFJPbGFDZ1NJUDNQTjJ2RnNCc2ZCZkJKTDUzUGJxZkNLZDloLWctODlSUFpvc08wU0U5Y25lLXhSZFhWSDNjQi00MWNkSFExbkJSNGRIRXpwSUV4UlJkeXZuYmpLWEQtazcxT2xITy1GeGx2bEFzMlnSAaQBQVVfeXFMTnd1SVNDcjhSZEZBMWU2YnViTXgxS1RjVnpkS3J3QW9Rd0lGUXlfdGFLUTJSczBlSUR1dWNBMS1aYkhsS1RuNlctdTF0YjdhR1dLNU1oRkFBeVV2c2VtQ0Y2SnNQcksweFhNS0FnZTJuTEdJNHlDeWYyLXNOYVZEX3VvYWVzNndKSVlNT1pMX1NYYkNXak9lQWFvbjBaYkFWYnA2TGY?oc=5) · CBS News
- 2007-06-26 [Princeton man arrested for Maple Grove bank robbery - Pioneer Press](https://news.google.com/rss/articles/CBMilAFBVV95cUxNelZyeGJQMFpZWU0tbXVOOXJ2QU5lYllaVnRaZ3hSejFwbzFIeVpJOGQ1OURiaDBjUklGVzdrTDB6NVlNM1hPa2Y2N0VoU083ZEhRR085ZS11SmFEMldESUgzUGtfZmttYmZZaC04UFp6UVYzR1owWnRIM2lUM3I4SUwxQlpsSUpMUnRwaU0tS3UycjVT?oc=5) · Pioneer Press
- 2024-05-08 [Search on for 2 suspects in Elk Grove bank robbery - CBS News](https://news.google.com/rss/articles/CBMicEFVX3lxTE00c0hCLXl4OXVtRlM2SzlTLWVKY0pPaXh4SEZKQlJ1dnZ5TFZBTFE4X0lvVHFSeEl1eXBjOEcxeHRReVRDZXlYbW9HeDUzaHFVYS1EWFZnTk9fR0k4R19VUk5vcnZxT3JicGpNeTc2bkzSAXZBVV95cUxPNWJHNTAxeHd2UUVNcEQ4MUs1eklYNDdmRFNtc210NS1iYVdkbHZoOFByb3l6dTMzVnhGVU9sLWpqdzRDYTJyOE9tU05leXAzbzlTM2w5d3ctbUVXMjg1SWhCVjdydWt5OWYtT1o4TFAxZnJSejJ3?oc=5) · CBS News
- 2023-02-06 [Holding company merges one of KC's oldest banks into another regional brand - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQZk9UQkFrQUpXV2wzLWt6V3QtZG5DSDA1MktTWFlGbU12VWlZX0RjZ0N3Vmdpcnd2RzY4VV9hMnZpYnBBNlVxVkwtY3V2YXVhWjNTbW9jV3NEMFVWbVdPa01QUjRlbVVsMVRieWJFblIxSDIwRkQ2SnZFdVRsMnF2T2xMbFVTVU10YVZ1VDVOaXNpdFZ3TlJBMjI1cVdoWERFX1h3SVloZXJrOTVSeXY4?oc=5) · The Business Journals
- 2017-04-19 [Exclusive: Coconut Grove Bank announces name change - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxNSVFuZm5xOXVpTWZySXNlNmRMVXYtUFZlSXNLSGFQWXc2NlozellBVUtrVnJlNjhWdWxHWVhSMDJ4TDRTV0NTZWJwcnJ0OGp6Ul9oNlpiOUo4bkJzRkptQ3RheFY2NFJqZm9CQU1IdnQ1eDB1RFRDVnM0dWlqeGZXMzViNFZ6ZVdRS0psTW5kYURIUm1NcWtfUFdOSmJlcFk1NnMxZUtlX2ZqaDlvbHlCSg?oc=5) · The Business Journals
- 2021-03-18 [Grove Bank & Trust, Miami's longest-running bank, announces new CEO - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxQRktRZktiWmZ3OUN4dUFtMUJuMDRYTFNnS0FqWHdFeWg2dTJXUFM3QWhhNWtfNHIzYlhRQldJb2ZRRjlzTF9PeEh6QXk4WU1HcU91YkFVazNfd0hDOEFfQU5WcU5uenIwWGMtME9YRTZHS2d2WjdSTGhsOFRuUGZYOTRrSjk2Q1BEdzJQcVgyclhuSHQ1elRRRGdXUVZzdWY2VzZHcVRzTzlCYzdiX3c?oc=5) · The Business Journals
- 2022-03-22 [Cottage Grove Man Pleads Guilty in Bank Robbery Spree - mn crime](https://news.google.com/rss/articles/CBMijAFBVV95cUxPaFFfamZGX2RHVnREZU1nZVZCbEc1ZlRiOUNqbktfbE1CVzZVT1hhNEpINVQtajVQS19DRlpZWnRRYUIxVllaU3REeUlDUkNWOG0yVFNKRkZFTWFaOERqQmhkcjVlUjBUZnhZOC1XYVljV241WThPVFZQcmdNYUpGZGR3SUxYZjBYVVJKNA?oc=5) · mn crime

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8857 (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/25.json (key "8857", 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