Grand Marais State Bank: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 214.65 percentage points higher than in Q1 2026, at 988.46%. Within Minnesota, Grand Marais State Bank is 35th of 221 on return on assets, 1.99% as of Q2 2026, above the middle of the field. Against a median of 1.25% for banks in the $100M-1B asset tier, Grand Marais State Bank reported 1.99% on return on assets in Q2 2026, 0.74 points higher.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 13.41% |
| Tier 1 risk-based capital ratio | 13.41% |
| Total risk-based capital ratio | 14.43% |
| Tier 1 leverage ratio | 8.40% |
| Equity capital to assets | 8.08% |
| Tangible equity to tangible assets | 8.08% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.10% |
| Non-performing assets ratio | 0.06% |
| Net charge-off ratio | 0.05% |
| Texas ratio | 0.72% |
| Allowance for credit losses to loans | 0.98% |
| Reserve coverage of non-performing loans | 988.46% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 1.99% |
| Return on equity | 24.32% |
| Net interest margin | 4.29% |
| Efficiency ratio | 55.13% |
| Yield on earning assets | 5.49% |
| Cost of funds | 1.11% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 69.12% |
| Core deposits to total deposits | 95.90% |
| Brokered deposits to total deposits | 0.00% |
| Deposits to assets | 91.51% |
| Securities to assets | 28.89% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 13.97% | 13.97% | 14.98% | 7.51% | 1.27% |
| Q4 2023 | 14.67% | 14.67% | 15.75% | 7.63% | 1.19% |
| Q1 2024 | 15.60% | 15.60% | 16.78% | 8.07% | 0.47% |
| Q2 2024 | 14.74% | 14.74% | 15.84% | 8.20% | 0.95% |
| Q3 2024 | 14.96% | 14.96% | 16.09% | 8.15% | 1.32% |
| Q4 2024 | 14.42% | 14.42% | 15.49% | 8.08% | 0.93% |
| Q1 2025 | 14.26% | 14.26% | 15.32% | 8.29% | 1.25% |
| Q2 2025 | 13.93% | 13.93% | 15.02% | 8.18% | 1.45% |
| Q3 2025 | 14.52% | 14.52% | 15.67% | 8.20% | 1.70% |
| Q4 2025 | 13.61% | 13.61% | 14.69% | 8.09% | 1.06% |
| Q1 2026 | 12.86% | 12.86% | 13.87% | 8.13% | 1.47% |
| Q2 2026 | 13.41% | 13.41% | 14.43% | 8.40% | 1.99% |
Grand Marais State Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Grand Marais State Bank, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Grand Marais State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8842) · FFIEC NIC profile (RSSD 945950)