GARRETT STATE BANK, THE

GARRETT, IN | Small | Est. Nov. 1, 1893, midnight | FDIC #8074 | RSSD #465243 | FED
Latest Report: 2025-12-31

GARRETT STATE BANK, THE is asn small FDIC-insured commercial bank headquartered in GARRETT, IN, established in Nov. 1, 1893, midnight. As of 2025-12-31, the bank reported total assets of $394M and total deposits of $335M. Profitability stands at 1.54% ROA and 15.46% ROE, with a net interest margin of 3.51%. The bank's CET1 capital ratio is 18.11%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.51% and a Texas Ratio of 3.46%. FDIC Certificate #8074.

Assets

$394M

Deposits

$335M

Loans

$281M

Equity

$39M

Profitability

Return on Assets (ROA) 1.54%
Return on Equity (ROE) 15.46%
Net Interest Margin (NIM) 3.51%
Yield on Assets 5.71%
Cost of Funds 2.26%

Asset Quality

NPL Ratio 0.51%
Net Charge-Off Ratio 0.00%
Texas Ratio 3.46%
NPA Ratio 0.36%
ACL / Loans 1.01%

Capital & Liquidity

CET1 Ratio 18.11%
Tier 1 Capital 18.11%
Total Capital Ratio 19.36%
Leverage Ratio 10.08%
Loan-to-Deposit 83.90%

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