Grand Timber Bank
Mcgregor, MN · Owner: Midcountry Acquisition Corp
$64.5M
total assets, June 30, 2026
$64.5M
total assets, June 30, 2026
Grand Timber Bank is a state nonmember bank based in Mcgregor, MN, owned by Midcountry Acquisition Corp. As of June 30, 2026 it held $64.5 million in assets and $53.9 million in deposits; assets were up 5.9% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$64.5M
+5.9% in a year · -1.0% in a quarter
Deposits
$53.9M
+7.2% in a year · +0.4% in a quarter
Loans
$55.6M
+2.0% in a year · +1.0% in a quarter
Profit so far
$407K
Jan 1 to Jun 30, 2026 · -6.2% in a year
Capital ratio
10.68%
-0.17 pts in a year
Return on assets
1.26%
-0.17 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 204 N Maddy St, Mcgregor, MN, 55760
- County
- Aitkin
- Holding company
- Midcountry Acquisition Corp
- Established
- Mar 18, 1963
- Employees
- 12
- Branches
- 1
- Website
- www.grandtimberbank.com
- Id
- b18719
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
1 office as of June 30, 2026, holding $53.9 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 1 | $53.9M | 100.0% |
Related pages
Questions and answers
How big is Grand Timber Bank?
$64.5 million in total assets and $53.9 million in deposits as of June 30, 2026, with assets up 5.9% from a year before. Its loans were $55.6 million.
How many branches does Grand Timber Bank have?
1 branch in Minnesota as of June 30, 2026.
Is Grand Timber Bank profitable?
Yes: it earned $407,000 from January 1 to June 30, 2026 (down 6.2% from the same months a year before). Its return on assets was 1.26% a year; about 1% is typical.
Who owns Grand Timber Bank?
Grand Timber Bank is owned by Midcountry Acquisition Corp, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.