GOGEBIC RANGE BANK

IRONWOOD, MI | Small | Est. May 20, 2002, midnight | FDIC #57192 | RSSD #3025929 | FDIC
Latest Report: 2025-12-31

GOGEBIC RANGE BANK is asn small FDIC-insured commercial bank headquartered in IRONWOOD, MI, established in May 20, 2002, midnight. As of 2025-12-31, the bank reported total assets of $143M and total deposits of $131M. Profitability stands at -10.34% ROA and -142.37% ROE, with a net interest margin of 3.76%. The bank's CET1 capital ratio is 6.24%, below regulatory well-capitalized thresholds. Asset quality metrics show a non-performing loan ratio of 2.35% and a Texas Ratio of 13.54%. FDIC Certificate #57192.

Assets

$143M

Deposits

$131M

Loans

$59M

Equity

$9M

Profitability

Return on Assets (ROA) -10.34%
Return on Equity (ROE) -142.37%
Net Interest Margin (NIM) 3.76%
Yield on Assets 4.55%
Cost of Funds 0.80%

Asset Quality

NPL Ratio 2.35%
Net Charge-Off Ratio 0.15%
Texas Ratio 13.54%
NPA Ratio 0.98%
ACL / Loans 2.36%

Capital & Liquidity

CET1 Ratio 6.24%
Tier 1 Capital 6.24%
Total Capital Ratio 6.56%
Leverage Ratio 8.15%
Loan-to-Deposit 45.35%

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