The Goose River Bank

Chartered Bank Active FDIC Insured
Health Score
9.7 / 10

44 Main St W, Mayville, ND 58257

Financial Overview

Total Assets $179.2M
Total Deposits $153.6M
Profitability (ROA) 1.00%
Shareholder Return (ROE) 9.10%
Capital Cushion (Eq/Assets) 10.90%
Established 10/27/1881

Financial Health Analysis

The Goose River Bank is a currently active agricultural specialization banking institution headquartered in Mayville, North Dakota. Established in 10/27/1881, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, The Goose River Bank manages $179.2M in total assets and holds $153.6M in customer deposits. When evaluating the stability of The Goose River Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 10.90%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.00%, while its Return on Equity (ROE) sits at 9.10%. These robust metrics contribute to an overall health score of 9.7 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$51.2M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.gooseriverbank.com

FDIC Certificate #: 10236

Specialization: Agricultural Specialization

Location

44 Main St W

Mayville, North Dakota 58257

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