BlastPoint's Banking Scorecard

Grand Rapids State Bank

$100M-$1B Specialty: Commercial MN FDIC cert 10962

Grand Rapids, MN

2 branches across MN

2664 banks in the $100M-$1B peer group nationally 152 in MN

Grand Rapids State Bank shows strong momentum with 5 strengths and 11.5% YoY asset growth

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Profitability Leader: Top 36.8% in tier
+ Revenue Diversifier: Top 46.4% in tier
+ Deposit Franchise: Top 58.1% in tier
+ Efficiency Ratio 1.56% below tier average
+ Delinquency Rate 0.79% below tier average

Key Concerns

Areas that may need attention

No key concerns identified

Get updates when Grand Rapids State Bank releases new data →

Core Metrics

As of 2026-Q1

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
Total Assets ?	$257.1M +11.5% YoY +1.7% QoQ	-$129.0M	$386.1M +0.5% YoY	$512.9M +5.5% YoY	$6.2B +9.1% YoY	39%
Total Loans ?	$146.3M -7.9% YoY +1.8% QoQ	-$109.4M	$255.7M +1.1% YoY	$288.3M +6.9% YoY	$3.2B +10.8% YoY	35%
Total Deposits ?	$231.6M +12.9% YoY +2.0% QoQ	-$96.3M	$328.0M +0.1% YoY	$443.8M +5.0% YoY	$4.8B +8.2% YoY	41%
Return on Assets ?	1.82% +36.7% YoY +266.0% QoQ	+0.56%	1.27% +12.9% YoY	1.13% +10.7% YoY	1.23% +13.4% YoY	82%
Net Interest Margin ?	5.38% +3.5% YoY -1.0% QoQ	+1.45%	3.93% +6.0% YoY	3.93% +7.5% YoY	3.89% +5.7% YoY	Top 3.7% in tier
Efficiency Ratio ?	63.73% -13.0% YoY -6.8% QoQ	-1.56%	65.29% -4.5% YoY	64.77% -3.3% YoY	66.95% -4.1% YoY	48%
Delinquency Rate ?	0.10% -95.3% YoY +1.1% QoQ	-0.79%	0.89% +18.8% YoY	1.04% +28.9% YoY	0.95% +18.8% YoY	75%
Loan-to-Deposit Ratio ?	63.16% -18.4% YoY -0.1% QoQ	-13.48%	76.64% +0.8% YoY	76.69% -0.4% YoY	76.70% +0.9% YoY	77%
Non-Interest-Bearing Deposit Share ?	28.32% +13.3% YoY +8.2% QoQ	+6.30%	22.02% -1.0% YoY	21.87% -0.9% YoY	22.01% -1.2% YoY	77%
Nonperforming Asset Ratio ?	0.05% -97.5% YoY -92.6% QoQ	-0.58%	0.64% +19.7% YoY	0.77% +27.1% YoY	0.67% +19.3% YoY	77%
Tier 1 Capital Ratio ?	9.68% -10.9% YoY +2.4% QoQ	-6.15%	15.83% +1.5% YoY	15.37% +0.7% YoY	17.06% +0.8% YoY	Bottom 6.2% in tier
Non-Interest Income / Assets ?	0.18% +0.8% YoY -69.8% QoQ	-0.10%	0.28% +9.3% YoY	0.16% +5.0% YoY	0.32% +4.1% YoY	82%

Get Full Access to Grand Rapids State Bank

Unlock complete metrics, peer benchmarks, and signature insights for this and every other FDIC-insured bank - always free

$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

Want to see an example first? Preview JPMorgan Chase's scorecard →

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (3)

Profitability Leader

growth

#246 of 666 • Top 36.8% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature

Return on Assets: 1.82%

(Tier: 1.27%, National: 1.23%)

better than tier avg

666 of 666 Community banks match · 926 nationally

→ Stable +3 banks QoQ

Revenue Diversifier

growth

#310 of 666 • Top 46.4% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature

Noninterest Income / Assets: 0.18%

(Tier: 0.28%, National: 0.32%)

but worse than tier avg

Return on Assets: 1.82%

(Tier: 1.27%, National: 1.23%)

better than tier avg

666 of 666 Community banks match · 926 nationally

→ Stable +3 banks QoQ

Deposit Franchise

growth

#159 of 272 • Top 58.1% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature

Noninterest-Bearing Deposit Share: 28.32%

(Tier: 22.02%, National: 22.01%)

better than tier avg

Net Interest Margin: 5.38%

(Tier: 3.93%, National: 3.89%)

better than tier avg

272 of 272 Community banks match · 369 nationally

→ Stable -14 banks QoQ

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 2664 peers in $100M-$1B

Top Strengths (6 metrics)

100

Net Interest Margin

profitability

Value: 5.38%

Peer Median: 3.93%

#100 of 2664 Top 3.7% in $100M-$1B

470

Non-Interest Income / Assets

revenue_mix

Value: 0.18%

Peer Median: 0.28%

#470 of 2664 Top 17.6% in $100M-$1B

471

Return on Assets

profitability

Value: 1.82%

Peer Median: 1.27%

#471 of 2664 Top 17.6% in $100M-$1B

604

Loan-to-Deposit Ratio

liquidity

Value: 63.16%

Peer Median: 76.64%

#604 of 2664 Top 22.6% in $100M-$1B

604

Non-Interest-Bearing Deposit Share

funding

Value: 28.32%

Peer Median: 22.02%

#604 of 2664 Top 22.6% in $100M-$1B

608

Nonperforming Asset Ratio

credit_quality

Value: 0.05%

Peer Median: 0.64%

#608 of 2664 Top 22.8% in $100M-$1B

Top Weaknesses (1 metrics)

2501

Tier 1 Capital Ratio

capital

Value: 9.68%

Peer Median: 15.83%

#2501 of 2664 Bottom 6.2% in $100M-$1B