BlastPoint's Banking Scorecard
Grove Bank
Designations: ✓ Community bank
Grove City, 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 536 banks in the under $100M peer group nationwide — 1 of 52 in MN.
- Deposits -0.9% year over year ($45.4M on the books).
- Delinquency rate 0.11%.
- Return on assets 0.21%.
- Efficiency ratio 92.02% vs a 119.40% peer average.
- Loan-to-deposit ratio 90.23% vs a 74.21% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Grove Bank has 3 strengths but faces 1 concern
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 0.66% above tier average
- + Efficiency Ratio 27.38% below tier average
- + Delinquency Rate 1.37% below tier average
Key Concerns
Areas that may need attention
- - ROA 0.79% below tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$56.4M
-1.4% YoY
+3.1% QoQ
|
-$6.0M |
$62.4M
-0.0% YoY
|
$524.5M
+5.8% YoY
|
$6.3B
+7.7% YoY
|
40% |
| Total Loans ? |
$41.0M
+14.2% YoY
+12.0% QoQ
|
+$6.1M |
$34.9M
-0.6% YoY
|
$300.2M
+7.3% YoY
|
$3.2B
+9.4% YoY
|
63% |
| Total Deposits ? |
$45.4M
-0.9% YoY
+2.4% QoQ
|
-$6.2M |
$51.6M
-0.2% YoY
|
$452.1M
+5.5% YoY
|
$4.9B
+7.3% YoY
|
37% |
| Return on Assets ? |
0.21%
+143.4% YoY
+260.9% QoQ
|
-0.79% |
1.00%
+3.5% YoY
|
1.26%
+17.2% YoY
|
1.30%
+12.1% YoY
|
16% |
| Net Interest Margin ? |
4.57%
+9.9% YoY
+9.1% QoQ
|
+0.66% |
3.91%
+2.3% YoY
|
4.00%
+6.8% YoY
|
3.95%
+4.9% YoY
|
76% |
| Efficiency Ratio ? |
92.02%
-17.9% YoY
-1.9% QoQ
|
-27.38% |
119.40%
+49.6% YoY
|
63.00%
-3.5% YoY
|
70.05%
+2.5% YoY
|
16% |
| Delinquency Rate ? |
0.11%
-44.8% YoY
-54.4% QoQ
|
-1.37% |
1.48%
+31.8% YoY
|
1.01%
+19.3% YoY
|
0.98%
+16.3% YoY
|
65% |
| Loan-to-Deposit Ratio ? |
90.23%
+15.2% YoY
+9.4% QoQ
|
+16.02% |
74.21%
+12.6% YoY
|
78.29%
-0.6% YoY
|
79.03%
+2.3% YoY
|
18% |
| Non-Interest-Bearing Deposit Share ? |
17.76%
+31.8% YoY
-2.8% QoQ
|
-5.73% |
23.49%
+0.6% YoY
|
21.79%
+0.9% YoY
|
21.98%
-0.6% YoY
|
31% |
| Nonperforming Asset Ratio ? |
0.08%
-36.1% YoY
-50.4% QoQ
|
-0.75% |
0.84%
+23.0% YoY
|
0.76%
+16.9% YoY
|
0.69%
+15.8% YoY
|
62% |
| Tier 1 Capital Ratio ? |
12.08%
-2.9% YoY
-8.0% QoQ
|
-15.05% |
27.13%
+3.0% YoY
|
15.35%
-0.4% YoY
|
17.09%
+0.8% YoY
|
23% |
| Non-Interest Income / Assets ? |
0.05%
+14.0% YoY
+138.1% QoQ
|
-1.33% |
1.38%
+6.3% YoY
|
0.31%
+3.9% YoY
|
0.66%
+5.2% YoY
|
17% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
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 |
17.8%
+4.3pp YoY -0.5pp QoQ |
-6.9pp | 24.6% | 21.9% | 22.2% | 28% |
| Brokered Deposits |
0.6%
0.0pp YoY 0.0pp QoQ |
-9.2pp | 9.8% | 8.3% | 8.5% | 12% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
30.7%
-1.7pp YoY +1.8pp QoQ |
+17.3pp | 13.4% | 14.6% | 12.5% | 91% |
| CRE | n/a | n/a | 25.2% | 36.5% | 41.4% | n/a |
| 1-4 Family |
48.7%
-0.3pp YoY +0.4pp QoQ |
+13.7pp | 35.0% | 29.4% | 31.3% | 71% |
| Consumer |
1.9%
+0.2pp YoY -0.3pp QoQ |
-5.8pp | 7.7% | 4.5% | 5.0% | 22% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
12.1%
-0.3pp YoY -1.0pp QoQ |
-26.6pp | 38.7% | 16.5% | 19.7% | 7% |
| Leverage Ratio |
10.0%
+1.4pp YoY -0.1pp QoQ |
-7.7pp | 17.7% | 11.0% | 12.6% | 18% |
| Total Capital Ratio |
12.9%
-0.5pp YoY -1.1pp QoQ |
-26.7pp | 39.7% | 17.6% | 20.8% | 7% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
16
+3 (+23.1%) YoY +1 (+6.7%) QoQ |
+4 | 12 | 55 | 482 | 77% |
| Assets per Employee ($) |
$3.5M
-19.9% YoY -3.4% QoQ |
-$2.7M | $6.2M | $8.6M | $8.8M | 13% |
| Branch Count |
1
0 YoY 0 QoQ |
-1 | 1 | 4 | 18 | 0% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days | n/a | n/a | 1.0% | 0.4% | 0.4% | n/a |
| Nonaccrual |
0.1%
-0.1pp YoY -0.1pp QoQ |
-1.6pp | 1.7% | 1.0% | 1.0% | 13% |
| Allowance Coverage |
8.30x
+62.1% YoY +99.3% QoQ |
+1.89x | 6.41x | 20.41x | 20.23x | 87% |
| Net Charge-off Rate (YTD) | n/a | n/a | 0.2% | 0.2% | 0.2% | n/a |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
1.7%
+5.7pp YoY +1.2pp QoQ |
-4.7pp | 6.4% | 13.1% | 11.6% | 17% |
| Cost of Funds (YTD) |
2.1%
-0.1pp YoY 0.0pp QoQ |
+0.7pp | 1.4% | 1.7% | 1.7% | 86% |
| Net Income ($, YTD) |
$58,000
+143.0% YoY — QoQ |
-$260K | $317,817 | $4.5M | $40.4M | 18% |
Get Full Access to Grove Bank
Unlock complete metrics, peer benchmarks, and signature insights for this and every other FDIC-insured bank - always free
Check your email at - link expires in 72 hours
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 (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.