Grand Marais State Bank quarterly financials
As reported to the FDIC. Dollar values are period-end balances. Net income is for the single quarter, derived from the FDIC's year-to-date figures by subtracting the prior quarter's report. Ratios (ROA, ROE, NIM) are FDIC-computed annualized year-to-date values.
| Quarter | Assets | Deposits | Net loans | Equity | Net income | ROA | ROE | NIM | Noncurrent |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $202M | $182M | $130M | $16M | $755K | 1.47% | 18.67% | 4.17% | 0.13% |
| Q4 2025 | $123M | $113M | $82M | $10M | $326K | 1.37% | 17.79% | 3.69% | 0.00% |
| Q3 2025 | $125M | $115M | $78M | $10M | $520K | 1.47% | 19.27% | 3.52% | 0.01% |
| Q2 2025 | $118M | $108M | $77M | $9M | $437K | 1.35% | 17.87% | 3.40% | 0.00% |
| Q1 2025 | $119M | $103M | $74M | $9M | $369K | 1.23% | 16.60% | 3.23% | 0.00% |
| Q4 2024 | $120M | $110M | $72M | $9M | $280K | 0.90% | 13.07% | 3.07% | 0.00% |
| Q3 2024 | $126M | $117M | $72M | $9M | $392K | 0.89% | 13.11% | 2.97% | 0.00% |
| Q2 2024 | $116M | $103M | $71M | $8M | $280K | 0.70% | 10.36% | 2.87% | 0.00% |
| Q1 2024 | $118M | $101M | $70M | $8M | $138K | 0.45% | 6.88% | 2.83% | 0.00% |
| Q4 2023 | $125M | $103M | $71M | $8M | $382K | 1.04% | 18.18% | 2.84% | 0.00% |
| Q3 2023 | $129M | $115M | $71M | $7M | $407K | 0.99% | 17.77% | 2.77% | 0.31% |
| Q2 2023 | $128M | $110M | $70M | $7M | $279K | 0.85% | 15.41% | 2.60% | 0.32% |
Transcribed from FDIC BankFind Suite quarterly financial data (Call Report-derived). Income in Call Reports is filed year-to-date; per-quarter net income shown here is the difference between consecutive reports within the same year. NIM = net interest margin; “Noncurrent” = noncurrent loans as a share of total loans. These figures describe reported financials only and are not a safety rating or a prediction about the institution.