BanksGARRETT STATE BANK, THE

GARRETT STATE BANK, THE

GARRETT, INSmallEst. Nov. 1, 1893, midnightFDIC #8074RSSD #465243FED
Latest · 2025-12-31

GARRETT STATE BANK, THE is an 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%. CET1 capital ratio: 18.11%, well above regulatory minimums. NPL ratio: 0.51% · Texas Ratio: 3.46%. Operates 4 domestic branches.

Assets
$394M
Deposits
$335M
Loans
$281M
Equity
$39M

Profitability

Return on Assets (ROA)1.54%
Return on Equity (ROE)15.46%
Net Interest Margin3.51%
Yield on Assets5.71%
Cost of Funds2.26%

Asset Quality

NPL Ratio0.51%
Net Charge-Off Ratio0.00%
Texas Ratio3.46%
NPA Ratio0.36%
ACL / Loans1.01%

Capital & Liquidity

CET1 Ratio18.11%
Tier 1 Capital18.11%
Total Capital Ratio19.36%
Leverage Ratio10.08%
Loan-to-Deposit83.90%

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