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Grand River Bank, Financial Information

About Grand River Bank

 Address:
4471 Wilson Avenue
Grandville, MI
Kent County, Michigan
 Established:
Apr 2009
 Number of domestic offices:
1
Total assets$452M
Net income$3M
Net income, quarterly$1M
Total deposits$392M
Domestic deposits$392M
Equity capital$41M
ROA0.86%
ROAQ, quarterly1.01%
ROA, pretax1.01%
ROAQ, quarterly, pretax1.28%
ROE9.23%
ROEQ, quarterly11.44%
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.

Historical Data