GRAND MARAIS STATE BANK

GRAND MARAIS, MN | Small | Est. Sept. 16, 1916, midnight | FDIC #8842 | RSSD #945950 | FED
Latest Report: 2025-12-31

GRAND MARAIS STATE BANK is asn small FDIC-insured commercial bank headquartered in GRAND MARAIS, MN, established in Sept. 16, 1916, midnight. As of 2025-12-31, the bank reported total assets of $123M and total deposits of $113M. Profitability stands at 1.05% ROA and 13.47% ROE, with a net interest margin of 4.37%. The bank's CET1 capital ratio is 13.61%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.00% and a Texas Ratio of 0.00%. FDIC Certificate #8842.

Assets

$123M

Deposits

$113M

Loans

$83M

Equity

$10M

Profitability

Return on Assets (ROA) 1.05%
Return on Equity (ROE) 13.47%
Net Interest Margin (NIM) 4.37%
Yield on Assets 5.64%
Cost of Funds 1.28%

Asset Quality

NPL Ratio 0.00%
Net Charge-Off Ratio 0.03%
Texas Ratio 0.00%
NPA Ratio 0.00%
ACL / Loans 0.95%

Capital & Liquidity

CET1 Ratio 13.61%
Tier 1 Capital 13.61%
Total Capital Ratio 14.69%
Leverage Ratio 8.09%
Loan-to-Deposit 73.55%

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