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Banks · Florida

Grove Bank & Trust

Miami, FL · FDIC Certificate #8018 · Chartered 07/1

Total assets
$1.41B
Total deposits
$1.21B
Total equity
$138.54M
Net loans
$853.80M
Branches (offices)
5
Net income (YTD)
$4.73M
Rank: #783 of 4,213 U.S. banks by assets · #25 of 81 in Florida. Assets changed -0.5% and deposits -0.6% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)0.68%
Return on equity6.96%
Net interest margin (YTD)2.66%
Equity to assets9.80%
Tier 1 leverage ratio9.96%
Uninsured deposits (share of deposits)45.5%
Noncurrent loans (share of loans)0.01%
Net charge-offs (share of loans)0.02%
Loans to deposits70.8%
Real estate loans (share of loans)72.5%

Loan mix

CategoryAmountShare
Real estate loans$619.27M
72.5%
Commercial & industrial$229.05M
26.8%
Consumer / individual$11.36M
1.3%
Construction & development$34.86M
4.1%
Agricultural$0
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$1.20B$1.07B$2.28M$121.39M
Jun 2023$1.08B$887.25M$18.00K$122.88M
Jun 2024$1.21B$935.69M$36.00K$121.56M
Jun 2025$1.42B$1.21B$2.81M$127.79M
Jun 2026$1.41B$1.21B$4.73M$138.54M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Florida$1.21B5

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.21B.

Similar-sized banks

The Croghan Colonial Bank ($1.41B) · Benchmark Community Bank ($1.41B)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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