C
Grand Marais State Bank
Rating Date
March 2026
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Grand Marais State Bank
Grand Marais, MN
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Rating C
Asset Quality Index 8.80
Capitalization Index 6.10
Liquidity Index 2.40
Profitability Index 5.70
Stability Index 4.60
Company Info Grand Marais State Bank
Grand Marais, MN
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FDIC Number 8842
Phone Number (218) 387-2441
Website www.grandmaraisstatebank.com
Asset Quality Grand Marais State Bank
Grand Marais, MN
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1-Year Asset Growth 2.43%
5-Year Asset Growth 0.83%
5-Year Charge-Offs to Average Loans 0.00%
Charge-Offs to Average Loans 0.03%
Non-Performing Assets to Assets 0.00%
Non-Performing Loans to Capital 0.00%
Non-Performing Loans to Loans 0.00%
Balance Sheet Grand Marais State Bank
Grand Marais, MN
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Total Assets 122.93M
Total Deposits 112.79M
Capital and Reserves Grand Marais State Bank
Grand Marais, MN
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Capital 9.72M
Leverage Ratio 8.09
Loan Loss Reserves to Loans 0.95%
Risk-Based Capital Ratio 14.69
Liquidity Grand Marais State Bank
Grand Marais, MN
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Hot Money Ratio 9.59%
Liquidity Ratio 8.46%
Profitability Grand Marais State Bank
Grand Marais, MN
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5-Year Return on Average Assets 1.21%
Net Income 1.65M
Net Interest Spread 3.62%
Operating Profit to Average Assets 1.36%
Overhead Efficiency Ratio 62.58%
Return on Assets 1.36%
Return on Equity 17.77%