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The Garrett State Bank, Financial Information

About The Garrett State Bank

 Address:
120 West King Street
Garrett, IN
DeKalb County, Indiana
 Established:
Nov 1893
 Number of domestic offices:
4
Total assets$297M
Net income$4M
Net income, quarterly$1M
Total deposits$251M
Domestic deposits$251M
Equity capital$29M
ROA1.57%
ROAQ, quarterly0.78%
ROA, pretax0.78%
ROAQ, quarterly, pretax0.78%
ROE15.52%
ROEQ, quarterly7.78%
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.

The Garrett State Bank is a progressive community bank that has a full line of business and personal financial products. The Garrett State Bank specializes in residential mortgage loans and small to mid sized family owned business loans.

Main office
20 W King Street, Garrett, Indiana, 46738
(260) 357-3133

Lobby hours are:
Monday through Thursday 9 - 5
Friday 9 - 6
Saturday 9 - noon

Drive Up hours are:
Monday through Thursday 9 - 5
Friday 9 - 6
Saturday 9 - noon

Historical Data