BanksGRAND MARAIS STATE BANK

GRAND MARAIS STATE BANK

GRAND MARAIS, MNSmallEst. Sept. 16, 1916, midnightFDIC #8842RSSD #945950FED
Latest · 2025-12-31

GRAND MARAIS STATE BANK is an 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%. CET1 capital ratio: 13.61%, well above regulatory minimums. NPL ratio: 0.00% · Texas Ratio: 0.00%. Operates 2 domestic branches.

Assets
$123M
Deposits
$113M
Loans
$83M
Equity
$10M

Profitability

Return on Assets (ROA)1.05%
Return on Equity (ROE)13.47%
Net Interest Margin4.37%
Yield on Assets5.64%
Cost of Funds1.28%

Asset Quality

NPL Ratio0.00%
Net Charge-Off Ratio0.03%
Texas Ratio0.00%
NPA Ratio0.00%
ACL / Loans0.95%

Capital & Liquidity

CET1 Ratio13.61%
Tier 1 Capital13.61%
Total Capital Ratio14.69%
Leverage Ratio8.09%
Loan-to-Deposit73.55%

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