Grand Rapids, MN
Bank Grand Rapids State Bank
Grand Rapids State Bank is a federally insured bank based in Grand Rapids, Minnesota.
- Type
- Bank
- Charter
- State-chartered commercial bank, Federal Reserve member
- Primary regulator
- FED
- Established
- June 15, 1914
- Headquarters
- Grand Rapids, MN
- FDIC certificate #
- 10962
- Fed RSSD ID
- 1003558
- Holding company
- Wilcox Bancshares Inc
- Website
- www.grsb.bank
$257.1M
Total assets Data as of Q1 2026
$231.6M
Total deposits Data as of Q1 2026
2
Branch locations Data as of Q1 2026
$1.2M
Net income Data as of Q1 2026
1.83%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Grand Rapids State Bank operates 2 branch locations in Minnesota. Select a state to drill down to its towns and individual branches.
Ownership
Grand Rapids State Bank is owned by Wilcox Bancshares Inc, which also owns 1 other institution. See the full ownership & merger history.
Grand Rapids State Bank financial summary
Other banks in Minnesota
Federally insured banks headquartered in Minnesota, by total assets.
- Ameriprise Bank, FSB $25.51B
- Bridgewater Bank $5.32B
- Frandsen Bank & Trust $3.69B
- Stearns Bank National Association $3.3B
- Minnwest Bank $2.97B
- Merchants Bank, National Association $2.93B
- Tradition Capital Bank $2.68B
- Think Mutual Bank $2.27B
Similar-size banks
Institutions close to Grand Rapids State Bank’s $257.1M in assets.
- First National Bank of Kentucky $257.1M
- Wyoming Community Bank $256.9M
- Mi Bank $256.9M
- Merchants Bank $257.6M
- BankChampaign, National Association $256.6M
- Mountain Valley Bank $256.4M
Also owned by Wilcox Bancshares Inc
- Minnesota Lakes Bank $126.5M