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 #3095
Website:www.grandmaraisstatebank.com
Total Assets:$116,454,000, ranked #3704
Total Deposits:$102,978,000, ranked #3640
Total Equity Capital:$8,163,000, ranked #3976
Total Domestic Deposits:$102,978,000, ranked #3640
Net Income:$418,000, ranked #3511
Quarterly Net Income:$280,000, ranked #3291
Return on Assets:1%, ranked #862
Quarterly Return on Assets:1%, ranked #939
Return on Equity:10%, ranked #2010
Quarterly Return on Equity:14%, ranked #1114

Financial Information (2024-06-30 and Older)