Total Assets
$351M
Total balance-sheet footings
FDIC Cert #5116 · Cold Spring, Minnesota · Est. 1902
Granite Bank - FDIC Bank Health Profile
This profile flags real pressure points from the bank's own quarterly Call Report, read past the headline grade before drawing conclusions.
- $351M
- Total assets
- D
- Health grade · Weak
- 0.94%
- Return on assets
- 9.9%
- Tier 1 capital
Data updated July 2026
The verdict
Granite Bank earns a PlainBankData health grade of D (48/100), with 9.85% Tier 1 capital, 0.94% ROA, 90% efficiency ratio.
- #2,276
- largest of 4,313 FDIC banks by assets
- 47th
- percentile by asset size, nationally
- 9.85%
- Tier 1 ratio - below the 10% well-capitalized line
- 38th
- percentile for profitability (ROA), nationally
A weak grade is PlainBankData's own read of the Call Report data, not an official FDIC rating, and it does not change your insurance coverage: every dollar stays protected to $250,000 per depositor, per category.
How Granite Bank's 48/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Granite Bank's composite health score
Tier 1 Capital Ratio (9.85%) 18/40
Return on Assets (ROA) (0.94%) 14/25
Texas Ratio (6.88%) 16/20
Efficiency Ratio (89.93%) 0/15
48 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$292M
Customer-funded liabilities
Net Loans
$309M
Outstanding loan book
Net Income
$3M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Granite Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Granite Bank's score of 48/100 falls in the highlighted band.
Granite Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Granite Bank's $351M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
9.85% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
9.85%
Texas Ratio
6.88%
Equity Capital
$30M
Profitability metrics
Return on Assets (ROA)
38th percentile nationally
0.94%
Return on Equity (ROE)
10.64%
Efficiency Ratio
89.93%
What the numbers say about Granite Bank
Granite Bank is an FDIC-insured institution (Certificate #5116) headquartered in Cold Spring, Minnesota, established in 1902. It holds $351M in total assets - 2,276th of 4,313 FDIC-insured banks, $292M in customer deposits, and $309M in net loans. Looking at capital strength, Tier 1 stands at 9.85%, under the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 6.88%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of D (48/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Minnesota, Granite Bank ranks 73rd of 227 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$21M
Interest Income
$35M
Non-Interest Income
$44M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Granite Bank reports a Texas Ratio of 6.88% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
6.88% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
What to watch at Granite Bank
Granite Bank's grade of D reflects specific pressure points in the FDIC Call Report. Its Tier 1 capital ratio of 9.85% is below the 10% "well-capitalized" benchmark.
Your deposits are still protected. Regardless of grade, FDIC insurance covers every dollar on deposit at Granite Bank up to $250,000 per depositor, per ownership category. A weak grade signals institutional financial stress for analysts, it is not a prediction of failure, and it does not affect insured-deposit safety.
Top banks in Minnesota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Granite Bank (FDIC Cert #5116) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Minnesota
All Minnesota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Ameriprise Bank, FSBMinneapolis | $25.3B | A | 3.08% |
| Bridgewater BankSaint Louis Park | $5.4B | A | 0.99% |
| Frandsen Bank & TrustLonsdale | $3.7B | A | 1.48% |
| Stearns Bank National AssociationSaint Cloud | $3.3B | A | 1.85% |
| Minnwest BankRedwood Falls | $3.0B | B | 0.92% |
| Merchants Bank, National AssociationWinona | $2.9B | A | 1.23% |
| Tradition Capital BankWayzata | $2.6B | B | 0.71% |
| Think Mutual BankRochester | $2.2B | B | 0.61% |
Frequently asked questions
What is Granite Bank's health grade?▼
Granite Bank receives a health grade of D (48/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows notable financial weaknesses. Your deposits remain FDIC-insured up to $250,000.
How large is Granite Bank?▼
Granite Bank holds $351M in total assets and $292M in deposits, ranking 2,276th of 4,313 FDIC-insured banks by asset size. It is headquartered in Cold Spring, Minnesota.
Is my money safe at Granite Bank?▼
Yes, deposits at Granite Bank (Certificate #5116) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Granite Bank's Tier 1 Capital Ratio?▼
Granite Bank has a Tier 1 Capital Ratio of 9.85%. The federal "well-capitalized" threshold is 10%. This bank meets the minimum 6% "adequately capitalized" standard.
What is the Texas Ratio for Granite Bank?▼
Granite Bank has a Texas Ratio of 6.88%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Granite Bank?▼
Granite Bank has an Efficiency Ratio of 89.93%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Granite Bank's profile as a depositor or analyst.
- Granite Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Granite Bank against other Minnesota banks before moving funds. Minnesota banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.