The Goose River Bank
44 Main St W, Mayville, ND 58257
Financial Overview
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