Grand River Bank: how it compares with its peers
Against 31 MI banks with half to twice its assets, Grand River Bank's strongest measure in Q2 2026 is assets per employee ($8.2M vs. a $6.1M peer median). Its weakest relative measure is net interest margin (2.87% vs. 4.22%).
| Measure | Grand River Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.62% | 1.34% | Bottom third Ahead of 10% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.87% | 4.22% | Bottom third Ahead of 3% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 79.05% | 63.02% | Bottom third Ahead of 6% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.2M | $6.1M | Top third Ahead of 87% of peers |
| Loans to deposits Net loans and leases over total deposits. | 94.95% | 74.59% | Context |
What it means for lending operations
Its efficiency ratio of 79.05% is above the 63.02% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Central Savings Bank Sault Sainte Marie, MI · $517M
- Century Bank and Trust Coldwater, MI · $494M
- 1st State Bank Saginaw, MI · $490M
- Eaton Community Bank Charlotte, MI · $543M
- Citizens National Bank of Cheboygan Cheboygan, MI · $471M
- Lake-Osceola State Bank Baldwin, MI · $469M
Questions about Grand River Bank
How big is Grand River Bank?
Grand River Bank, established in 2009, is headquartered in Grandville, MI. It reported $507M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Grand River Bank's return on assets?
0.62% annualized in Q2 2026, against a 1.34% median for 31 MI banks with half to twice its assets, ahead of 10% of them.
What is Grand River Bank's efficiency ratio?
79.05% in Q2 2026: it spent about 79 cents in noninterest expense for each dollar of revenue. The peer median is 63.02%, and lower is better.
Is Grand River Bank growing its loans?
Net loans shrank 6.3% over the year to Q2 2026, while deposits grew 3.5%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MI banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Michigan bank ranked.