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Grinnell State Bank, Financial Information

About Grinnell State Bank

 Address:
814 Fourth Avenue
Grinnell, IA
Poweshiek County, Iowa
 Established:
Oct 1925
 Number of domestic offices:
4
Total assets$406M
Net income$4M
Net income, quarterly$1M
Total deposits$330M
Domestic deposits$330M
Equity capital$45M
ROA1.13%
ROAQ, quarterly0.63%
ROA, pretax0.63%
ROAQ, quarterly, pretax0.75%
ROE9.35%
ROEQ, quarterly5.46%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Grinnell State Bank was founded in 1925 with the first President to be C.A. Fraizer. In 1954 it was sold to F.A. Jones and his son F. Addison Jones took over management late that year. Grinnell State Bank offers Accounts to fit any lifestyle. Grinnell State Bank lend money for a diverse range of commercial and consumer purposes.

Grinnell State Bank
814 4th Ave
Grinnell, IA 50112
(641) 236-3174

Grinnell State Bank
5601 Merle Hay Rd
Johnston, IA 50131
(515) 278-6300

Grinnell State Bank
4501 NW Urbandale Dr
Urbandale, IA 50322
(515) 276-2900

Grinnell State Bank
1101 Court Ave
Marengo, IA 52301
(319) 642-5511

Grinnell State Bank
205 Broadway St
Polk City, IA 50226
(515) 984-6211

Historical Data