Grand Marais State Bank
Grand Marais, MN · Cert 8842 · Peer group: banks under $1B in assets in MN (n=111-113) · Central Trust Co.
State charter, Fed member · FED · 1 affiliate bank · 5 branches (10 in holding)
Q2 2026
$207.2MAssets
$131.0MLoans
$189.6MDeposits
$16.7MEquity
Executive Summary
- Strongest standing: return on equity outperforms 86% of banks under $1B in assets in MN (rank 16 of 113).
- Widest gap: equity / assets trails 84% of banks under $1B in assets in MN (rank 95 of 113).
- Overall: at or above the peer median on 7 of 9 directional measures.
Return on Assets
1.34%
Rank 41 of 113
Net Interest Margin
4.14%
Rank 38 of 113
Efficiency Ratio
60.70%
Rank 55 of 113
Equity / Assets
8.08%
Rank 95 of 113
Non-interest income vs. expense
Unfavorable gap of $4.9M · efficiency ratio beats 52% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.34% | 0.87% | 1.20% | 1.41% | Beats 64% | 41 / 113 | |
| Return on Equity | 16.54% | 8.92% | 11.27% | 13.99% | Beats 86% | 16 / 113 | |
| Net Interest Margin | 4.14% | 3.42% | 3.88% | 4.31% | Beats 66% | 38 / 113 | |
| Efficiency Ratio | 60.70% | 54.13% | 61.48% | 69.86% | Beats 52% | 55 / 113 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.10% | 0.09% | 0.58% | 1.82% | Beats 74% | 30 / 111 | |
| Net Charge-Offs / Loans | 0.01% | n/a | 0.00% | 0.04% | Beats 37% | 71 / 111 | |
| Capital |
| Tier 1 Capital Ratio | 13.41% | 11.53% | 13.31% | 18.13% | Beats 50% | 56 / 113 | |
| Total Risk-Based Capital Ratio | 14.43% | 12.12% | 14.43% | 19.39% | Beats 50% | 57 / 113 | |
| Equity / Assets | 8.08% | 8.52% | 10.10% | 11.94% | Beats 16% | 95 / 113 | |
| Liquidity & Funding |
| Loans / Deposits | 69.12% | 62.08% | 77.32% | 88.06% | 33rd pctl | 74 / 111 | |
| Loans / Assets | 63.25% | 55.01% | 66.35% | 75.50% | 41st pctl | 67 / 113 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |