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.
FDIC Call Report plate
Cert 5116 · MN D · 48/100
GRADE-D · BOTTOM-DECILE · PHOTO-FINISH · TIER1-ADEQ · TEXAS-CLEAN · ROA-PAR · SIZE-MID · BOOK-FULL
- GRADE-D D (48/100)
- BOTTOM-DECILE #4155/4307
- PHOTO-FINISH Somerville Bank · OH
- TIER1-ADEQ 9.9% Tier 1
- TEXAS-CLEAN 6.9% Texas
- ROA-PAR 0.94% ROA
- SIZE-MID $100M–1B
- BOOK-FULL 9/9 fields
Nearest health peer outside Minnesota: Somerville Bank, OH (±0 health pts)
Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.
Health-score neighbourhood around Granite Bank
Lowest and highest poles plus nearest scored peers outside Minnesota, not a full FDIC corpus board reprint.
Call Report read for Granite Bank in a high-failure state
Granite Bank (FDIC Cert #5116) carries a PlainBankData health grade of D at 48/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #4,155 of 4,307. Tier 1 capital prints at 9.85%, missing the 10% well-capitalized line. The Texas Ratio is 6.88%, inside the sub-50% band analysts treat as healthy. Return on assets is 0.94%. Balance-sheet scale is $351M, 2,276th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Somerville Bank (OH), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.
State failure history around Granite Bank
24 FAILURE resolutions in Minnesota since 2000, heavy vs the state corpus
Granite Bank sits in one of the heavier post-2000 FAILURE states (24 resolutions; latest year 2014). The list below is state history from the Failed Bank List, not a claim about Granite Bank's current Call Report.
- NORTHERN STAR BANK MANKATO, MN 2014 → BANKVISTA
- 1ST REGENTS BANK ANDOVER, MN 2013 → FIRST MINNESOTA BANK
- FIRST COMMERCIAL BANK BLOOMINGTON, MN 2012 → REPUBLIC BANK & TRUST COMPANY
Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and Minnesota banks.
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.
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: health score vs. every FDIC-insured bank
0-100 composite health score, FDIC Call Reports
48 4th percentile higher than 4% of 4,307 FDIC-insured banks
Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source FDIC Call Reports · July 2026
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.
Capital & credit buffers at Granite Bank
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: Granite Bank
Return on Assets (ROA)
38th percentile nationally
0.94%
Return on Equity (ROE)
10.64%
Efficiency Ratio
89.93%
Income & expense at Granite Bank
$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
Nationwide banks with similar total assets
Nearest other-state banks with ≥$10M assets ($351M here), outside Minnesota so the neighborhood is not state containment.
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.
Granite Bank Call Report profile · FDIC Failed Bank List · Minnesota FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.
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% |