Grand Marais State Bank

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

Status: Active
Concentration:All Other Specialization < 1 Billion
Established:1916-09-16
FDIC Insurance:1934-01-01
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 #3271
Website:www.grandmaraisstatebank.com
Total Assets:$133,976,000, ranked #3700
Total Deposits:$125,285,000, ranked #3581
Total Equity Capital:$8,546,000, ranked #4297
Total Domestic Deposits:$125,285,000, ranked #3581
Net Income:$1,731,000, ranked #3178
Quarterly Net Income:$212,000, ranked #3567
Return on Assets:1%, ranked #1077
Quarterly Return on Assets:1%, ranked #778
Return on Equity:21%, ranked #239
Quarterly Return on Equity:10%, ranked #1761

Financial Information (2021-12-31 and Older)