Grand Timber Bank
Grand Timber Bank is an FDIC-insured commercial bank headquartered in McGregor, MN, supervised by the FDIC, with $64.8M in total assets at Q3 2026, up 2.6% from Q3 2025, the 195th largest of 221 banks headquartered in Minnesota. It was established in 1963 and holds FDIC certificate 18719. Its CET1 capital ratio was 13.55% at Q3 2026, comfortably above the 7% level required once the capital conservation buffer is included.
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 18719
- Headquarters
- McGregor, MN
- Established
- 1963
- Total assets, Q3 2026
- $64.8M
- Assets vs Q3 2025
- +2.6%
- CET1 ratio, Q3 2026
- 13.55%
- Domestic offices
- 1 branch
- Routing number
- 091216780
- Safety and soundness
- Is Grand Timber Bank safe?
- Latest call report
- Q3 2026, FFIEC 051 · Grand Timber Bank call report
- Holding company
- MIDCOUNTRY ACQUISITION CORP.
- Asset rank in state
- 195th of 221 in Minnesota
Grand Timber Bank earns an unusually wide margin on its lending. The Mcgregor, Minnesota bank had $65 million in assets at September 30, 2026, up 2.6% from a year earlier. It keeps 6.37 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 526 banks with less than $100 million in assets (median 3.99 cents). On the other hand, it carries problem assets equal to 19.4% of the capital and reserves that would absorb them, 12.1 times the median of 1.6% for banks its size.
Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 2.19% of loans, down from 3.03% a year earlier. Earnings fell sharply: quarterly net income of $140,000 was 48% below a year earlier. Where it has less room is capital: it holds common equity equal to 13.55% of its risk-weighted assets, lower than about three-quarters of banks its size (median 21.64%).
As of September 30, 2026, Grand Timber Bank reported a CET1 capital ratio of 13.55%, a return on assets of 0.85%, a nonperforming-loan ratio of 2.19% and a Texas ratio of 19.40%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Grand Timber Bank is the 195th largest by total assets at Q3 2026. Quarter on quarter (Q2 2026 to Q3 2026), its total assets rose 0.5% to $64.8M, loans rose 3.0% and deposits were flat. The largest part of its loan book on September 30, 2026 was 1-4 family residential loans, at 55.7% of total loans, ahead of owner-occupied commercial real estate loans at 17.2%. The FDIC Summary of Deposits lists a single office for it, in Mcgregor, MN. On its Q3 2026 call report, Grand Timber Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 204 N Maddy St, McGregor, MN 55760
- County
- Aitkin
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 18, 1963
- Domestic offices
- 1 branch
- Employees (FTE)
- 12
- Domestic deposits
- $53.9M
- Allowance for credit losses
- $798K
- Net charge-offs (YTD)
- $209K
- Average total assets
- $65.6M
- Average total loans
- $57.1M
- Average interest-bearing deposits
- $37.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- March 18, 1963
- FDIC Cert
- 18719
- Fed RSSD
- 918356
- Website
- www.grandtimberbank.com →
- Parent Holding Company
- MIDCOUNTRY ACQUISITION CORP. (RSSD 5281989)
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
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Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
Grand Timber Bank's total assets moved between a low of $60.0M (Q4 2024) and a high of $65.2M (Q1 2026) from Q4 2023 to Q3 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$64.8M total assets against $63.2M; $56.3M total liabilities against $54.8M.
$56.4M net loans and leases against $53.5M; $53.9M total deposits against $51.8M.
$3.0M securities against $3.8M; $1.8M cash and balances due against $2.6M.
$1.2M total interest income against $1.1M; $196K total interest expense against $187K.
$975K net interest income against $938K.
$23K total noninterest income against -$15K; $601K total noninterest expense against $537K.
$175K provision for credit losses against $0.
$140K net income against $267K.
0.85% return on assets against 1.72%; 6.37% net interest margin against 6.41%.
13.55% CET1 capital ratio against 13.41%; 10.75% tier 1 leverage ratio against 11.07%.
Inside the full Grand Timber Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Quarterly trend: last 8 quarters
From Q4 2024 to Q3 2026, its return on assets ran from 0.85% (Q3 2026) to 1.81% (Q2 2025) and its net interest margin ran from 5.49% (Q1 2025) to 6.41% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 13.55% | 0.85% | 2.19% | 19.40% | 6.37% |
| Q2 2026 | 13.31% | 1.00% | 2.81% | 23.41% | 5.91% |
| Q1 2026 | 14.20% | 1.51% | 2.34% | 19.39% | 5.89% |
| Q4 2025 | 13.54% | 1.27% | 3.04% | 22.97% | 6.12% |
| Q3 2025 | 13.41% | 1.72% | 3.03% | 23.43% | 6.41% |
| Q2 2025 | 13.18% | 1.81% | 2.69% | 20.73% | 6.07% |
| Q1 2025 | 13.87% | 1.04% | 2.31% | 16.87% | 5.49% |
| Q4 2024 | 13.98% | 0.91% | 2.68% | 19.47% | 5.50% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Grand Timber Bank (main office) | Mcgregor , MN | 55760 | $53.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 238 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $40K approved, $40K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2003 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Grand Timber Bank
What are Grand Timber Bank's total assets?
As of the Q3 2026 filing, Grand Timber Bank reported total assets of $64.8 million in its FFIEC call report.
Where is Grand Timber Bank headquartered?
It is headquartered in McGregor, MN, United States.
When was Grand Timber Bank founded?
It was established in 1963, per the FDIC institution directory.
Is Grand Timber Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #18719). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Grand Timber Bank?
Grand Timber Bank's primary federal regulator is the FDIC.
What is Grand Timber Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.55% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Grand Timber Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Grand Timber Bank's Texas Ratio?
Its Texas Ratio is 19.40% in its Q3 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures nonperforming assets against the bank's capital and reserves.
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