BlastPoint's Banking Scorecard

Granite Bank

$100M-$1B Specialty: Commercial MN FDIC cert 5116

Cold Spring, MN

2 branches across MN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
Deposits +5.8% year over year ($289.3M on the books).
Delinquency rate 1.39%.
Return on assets 1.37%.
Efficiency ratio 88.25% vs a 64.48% peer average.
Loan-to-deposit ratio 107.74% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN

View $100M-$1B leaderboard (MN) →

Granite Bank has 2 strengths but faces 3 concerns

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

+ Revenue Diversifier: Top 10.7% in tier
+ Net Interest Margin 0.64% above tier average

Key Concerns

Areas that may need attention

- Efficiency Ratio 23.77% above tier average
- Loan-to-Deposit Ratio 29.78% above tier average
- Delinquency Rate 0.47% above tier average

Get updates when Granite Bank releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
Total Assets ?	$353.2M +7.7% YoY +1.8% QoQ	-$33.4M	$386.6M +1.2% YoY	$524.5M +5.8% YoY	$6.3B +7.7% YoY	55%
Total Loans ?	$311.7M +9.3% YoY +1.7% QoQ	+$53.4M	$258.3M +1.7% YoY	$300.2M +7.3% YoY	$3.2B +9.4% YoY	69%
Total Deposits ?	$289.3M +5.8% YoY -2.7% QoQ	-$37.4M	$326.7M +0.7% YoY	$452.1M +5.5% YoY	$4.9B +7.3% YoY	53%
Return on Assets ?	1.37% +42.2% YoY +16.5% QoQ	+0.04%	1.32% +10.8% YoY	1.26% +17.2% YoY	1.30% +12.1% YoY	57%
Net Interest Margin ?	4.63% +8.9% YoY -0.5% QoQ	+0.64%	3.99% +5.0% YoY	4.00% +6.8% YoY	3.95% +4.9% YoY	83%
Efficiency Ratio ?	88.25% +0.0% YoY -0.1% QoQ	+23.77%	64.48% -3.2% YoY	63.00% -3.5% YoY	70.05% +2.5% YoY	Bottom 7.1% in tier
Delinquency Rate ?	1.39% +232.0% YoY -4.3% QoQ	+0.47%	0.92% +15.7% YoY	1.01% +19.3% YoY	0.98% +16.3% YoY	20%
Loan-to-Deposit Ratio ?	107.74% +3.3% YoY +4.5% QoQ	+29.78%	77.95% +1.0% YoY	78.29% -0.6% YoY	79.03% +2.3% YoY	Bottom 4.4% in tier
Non-Interest-Bearing Deposit Share ?	24.96% -5.1% YoY +2.1% QoQ	+2.93%	22.03% -0.6% YoY	21.79% +0.9% YoY	21.98% -0.6% YoY	66%
Nonperforming Asset Ratio ?	1.23% +110.4% YoY -4.5% QoQ	+0.56%	0.67% +16.4% YoY	0.76% +16.9% YoY	0.69% +15.8% YoY	16%
Tier 1 Capital Ratio ?	9.91% +0.9% YoY +1.0% QoQ	-6.00%	15.91% +1.4% YoY	15.35% -0.4% YoY	17.09% +0.8% YoY	Bottom 9.3% in tier
Non-Interest Income / Assets ?	6.99% +61.8% YoY +122.1% QoQ	+6.43%	0.57% +7.6% YoY	0.31% +3.9% YoY	0.66% +5.2% YoY	Top 0.6% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
Noninterest-Bearing	25.0% -1.3pp YoY +0.5pp QoQ	+2.8pp	22.1%	21.9%	22.2%	66%
Brokered Deposits	15.9% -1.7pp YoY -0.2pp QoQ	+8.0pp	7.9%	8.3%	8.5%	86%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
C&I	15.8% -0.3pp YoY +1.4pp QoQ	+4.3pp	11.6%	14.6%	12.5%	79%
CRE	42.9% -2.7pp YoY -0.7pp QoQ	+3.4pp	39.5%	36.5%	41.4%	58%
1-4 Family	36.6% +3.5pp YoY -0.6pp QoQ	+3.9pp	32.6%	29.4%	31.3%	64%
Consumer	1.5% 0.0pp YoY 0.0pp QoQ	-2.6pp	4.1%	4.5%	5.0%	39%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
CET1 Ratio	9.9% +0.1pp YoY +0.1pp QoQ	-8.9pp	18.8%	16.5%	19.7%	2%
Leverage Ratio	8.5% 0.0pp YoY +0.4pp QoQ	-3.6pp	12.2%	11.0%	12.6%	6%
Total Capital Ratio	10.6% +0.1pp YoY +0.1pp QoQ	-9.3pp	19.9%	17.6%	20.8%	1%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
Full-Time Employees	275 +51 (+22.8%) YoY +17 (+6.6%) QoQ	+216	58	55	482	100%
Assets per Employee ($)	$1.3M -12.3% YoY -4.5% QoQ	-$6.2M	$7.5M	$8.6M	$8.8M	0%
Branch Count	2 0 YoY 0 QoQ	-3	4	4	18	11%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.3%	0.4%	0.4%	n/a
Nonaccrual	1.4% +1.0pp YoY -0.1pp QoQ	+0.5pp	0.9%	1.0%	1.0%	80%
Allowance Coverage	0.48x -69.3% YoY +5.3% QoQ	-23.67x	24.15x	20.41x	20.23x	9%
Net Charge-off Rate (YTD)	0.0% 0.0pp YoY 0.0pp QoQ	-0.1pp	0.1%	0.2%	0.2%	62%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (MN)	National Avg	Tier Percentile
ROE	15.7% +5.0pp YoY +2.1pp QoQ	+3.5pp	12.2%	13.1%	11.6%	71%
Cost of Funds (YTD)	2.4% -0.1pp YoY 0.0pp QoQ	+0.7pp	1.7%	1.7%	1.7%	88%
Net Income ($, YTD)	$2.4M +58.4% YoY — QoQ	-$164K	$2.6M	$4.5M	$40.4M	60%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

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

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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 (1)

Revenue Diversifier

growth

#72 of 661 • Top 10.7% 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: 6.99%

(Tier: 0.57%, National: 0.66%)

better than tier avg

Return on Assets: 1.37%

(Tier: 1.32%, National: 1.30%)

better than tier avg

661 of 661 Community banks match · 923 nationally

→ Stable | QoQ rank improving

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 2643 peers in $100M-$1B

Top Strengths (2 metrics)

Non-Interest Income / Assets

revenue_mix

Value: 6.99%

Peer Median: 0.57%

#16 of 2643 Top 0.6% in $100M-$1B

442

Net Interest Margin

profitability

Value: 4.63%

Peer Median: 3.99%

#442 of 2643 Top 16.7% in $100M-$1B

Top Weaknesses (5 metrics)

2529

Loan-to-Deposit Ratio

liquidity

Value: 107.74%

Peer Median: 77.95%

#2529 of 2643 Bottom 4.4% in $100M-$1B

2456

Efficiency Ratio

profitability

Value: 88.25%

Peer Median: 64.48%

#2456 of 2643 Bottom 7.1% in $100M-$1B

2397

Tier 1 Capital Ratio

capital

Value: 9.91%

Peer Median: 15.91%

#2397 of 2643 Bottom 9.3% in $100M-$1B

2225

Nonperforming Asset Ratio

credit_quality

Value: 1.23%

Peer Median: 0.67%

#2225 of 2643 Bottom 15.9% in $100M-$1B

2108

Delinquency Rate

credit_quality

Value: 1.39%

Peer Median: 0.92%

#2108 of 2633 Bottom 20.0% in $100M-$1B