Grand Marais State Bank
Headquartered in Grand Marais, MN. Part of Central Trust Company. FDIC certificate #8842 · Federal Reserve RSSD 945950.
Total assets
$202M
Deposits
$182M
Q1 2026
Active branches
5
Closings since Jan 2020
0
0 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$755K
Return on assets
1.47%
Return on equity
18.67%
Noncurrent loan rate
0.13%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
Values in $ billions, June 30 of each year.
Other network changes since 2020
- 3 branches acquired through purchases or mergers
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.grandmaraisstatebank.com.