Grand Marais State Bank

Grand Marais State Bank
211 E Highway 61
Grand Marais, MN 55604

Status: Active
Concentration:Commercial Lending Specialization
Established:09/16/1916
FDIC Insurance:01/01/1934
FDIC Cert:#8842
Holden By:CENTRAL TRUST CO
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:2, ranked #3055
Website:www.grandmaraisstatebank.com
Total Assets:$119,471,000, ranked #3660
Total Deposits:$103,112,000, ranked #3625
Total Equity Capital:$9,027,000, ranked #3900
Total Domestic Deposits:$103,112,000, ranked #3625
Net Income:$369,000, ranked #3094
Quarterly Net Income:$369,000, ranked #3094
Return on Assets:1%, ranked #1039
Quarterly Return on Assets:1%, ranked #1049
Return on Equity:17%, ranked #676
Quarterly Return on Equity:17%, ranked #676

Financial Information (2025-03-31 and Older)