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 #3182
Website:www.grandmaraisstatebank.com
Total Assets:$132,260,000, ranked #3614
Total Deposits:$114,872,000, ranked #3491
Total Equity Capital:$7,040,000, ranked #4156
Total Domestic Deposits:$114,872,000, ranked #3491
Net Income:$1,653,000, ranked #3048
Quarterly Net Income:$353,000, ranked #3095
Return on Assets:1%, ranked #786
Quarterly Return on Assets:1%, ranked #164
Return on Equity:23%, ranked #221
Quarterly Return on Equity:21%, ranked #277

Financial Information (2022-09-30 and Older)