FDIC Cert #8842 · Grand Marais, Minnesota · Est. 1916

Grand Marais State Bank - FDIC Bank Health Profile

A community-scale look at Grand Marais State Bank's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$123M
Total assets
A
Health grade · Excellent
1.37%
Return on assets
13.6%
Tier 1 capital

Data updated July 2026

The verdict

Grand Marais State Bank earns a PlainBankData health grade of A (83/100), with well-capitalized at 13.61% Tier 1, profitable at 1.37% ROA, 63% efficiency ratio.

#3,559
largest of 4,313 FDIC banks by assets
17th
percentile by asset size, nationally
13.61%
Tier 1 ratio - above the 10% well-capitalized line
67th
percentile for profitability (ROA), nationally

PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.

FDIC Call Report plate

Cert 8842 · MN A · 83/100

GRADE-A · MID-PACK · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-STRONG · SIZE-MID · BOOK-FULL

  • GRADE-A A (83/100)
  • MID-PACK #1693/4307
  • PHOTO-FINISH Peoples Bank & Trust… · MO
  • TIER1-WELL 13.6% Tier 1
  • TEXAS-CLEAN 0.0% Texas
  • ROA-STRONG 1.37% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside Minnesota: Peoples Bank & Trust Co., MO (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around Grand Marais State Bank

Lowest and highest poles plus nearest scored peers outside Minnesota, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100Farmers State Bank · IA · ne…83/100Grand Marais State B… · MN ·…83/100Merchants Bank · ND · near83/100Peoples Bank & Trust… · MO ·…83/100Potomac Bank · WV · near83/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around Grand Marais State Bank · July 2026

Call Report read for Grand Marais State Bank in a high-failure state

Grand Marais State Bank (FDIC Cert #8842) carries a PlainBankData health grade of A at 83/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #1,693 of 4,307. Tier 1 capital prints at 13.61%, clearing the 10% well-capitalized line. The Texas Ratio is 0.00%, inside the sub-50% band analysts treat as healthy. Return on assets is 1.37%. Balance-sheet scale is $123M, 3,559th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Peoples Bank & Trust Co. (MO), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around Grand Marais State Bank

24 FAILURE resolutions in Minnesota since 2000, heavy vs the state corpus

Grand Marais State Bank sits in one of the heavier post-2000 FAILURE states (24 resolutions; latest year 2014). The list below is state history from the Failed Bank List, not a claim about Grand Marais State Bank's current Call Report.

  • NORTHERN STAR BANK MANKATO, MN 2014 → BANKVISTA
  • 1ST REGENTS BANK ANDOVER, MN 2013 → FIRST MINNESOTA BANK
  • FIRST COMMERCIAL BANK BLOOMINGTON, MN 2012 → REPUBLIC BANK & TRUST COMPANY

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and Minnesota banks.

How Grand Marais State Bank's 83/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10083/100
Grand Marais State Bank's composite health score
Tier 1 Capital Ratio (13.61%) 35/40
Return on Assets (ROA) (1.37%) 20/25
Texas Ratio (0.00%) 20/20
Efficiency Ratio (62.58%) 8/15

83 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$123M

Total balance-sheet footings

Total Deposits

$113M

Customer-funded liabilities

Net Loans

$82M

Outstanding loan book

Net Income

$2M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 3% 6% 9% 12% 15% 18% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 12.21% 13.61% 15.01%
Basel III capital ratios - Grand Marais State Bank

Where Grand Marais State Bank ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Grand Marais State Bank's score of 83/100 falls in the highlighted band.

Grand Marais State Bank: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

83 Top 39% higher than 61% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). Below this entry. 60–70: 777 FDIC-insured banks (18%). Below this entry. 70–80: 1,030 FDIC-insured banks (24%). Below this entry. 80–90: 1,237 FDIC-insured banks (29%). This entry sits in this band. 90–100: 815 FDIC-insured banks (19%). Above this entry. Grand Marais State Bank 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

Grand Marais State Bank's size among FDIC-insured banks

Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Grand Marais State Bank's $123M falls in the highlighted band.

Capital & credit buffers at Grand Marais State Bank

Tier 1 capital ratio
Well-capitalized 10%

13.61% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
13.61%
Texas Ratio
0.00%
Equity Capital
$10M

What these ratios mean →

Earnings posture at Grand Marais State Bank

Return on Assets (ROA)
67th percentile nationally
1.37%
Return on Equity (ROE)
17.79%
Efficiency Ratio
62.58%

What these mean →

Income & expense at Grand Marais State Bank

$6M
Interest Income
$308K
Non-Interest Income
$3M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. Grand Marais State Bank reports a Texas Ratio of 0.00% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

0.00% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View Grand Marais State Bank on FDIC BankFind →

Top banks in Minnesota by total assets

Largest banks headquartered in Minnesota
  1. 1
    Ameriprise Bank, FSB $25.3B

    Minneapolis, MN · Grade A

  2. 2
    Bridgewater Bank $5.4B

    Saint Louis Park, MN · Grade A

  3. 3
    Frandsen Bank & Trust $3.7B

    Lonsdale, MN · Grade A

  4. 4
    Stearns Bank $3.3B

    Saint Cloud, MN · Grade A

  5. 5
    Minnwest Bank $3.0B

    Redwood Falls, MN · Grade B

Top 5 banks in Minnesota ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($123M here), outside Minnesota so the neighborhood is not state containment.

United Bank & Trust Co. $123M · IA Home Banking Company $123M · TN Farmers and Merchants Savings Bank $123M · IA The State Bank of Bern $123M · KS

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Grand Marais State Bank (FDIC Cert #8842) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.

Grand Marais State Bank Call Report profile · FDIC Failed Bank List · Minnesota FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in Minnesota

All Minnesota banks →
BankAssetsGradeROA
Ameriprise Bank, FSBMinneapolis $25.3B A 3.08%
Bridgewater BankSaint Louis Park $5.4B A 0.99%
Frandsen Bank & TrustLonsdale $3.7B A 1.48%
Stearns Bank National AssociationSaint Cloud $3.3B A 1.85%
Minnwest BankRedwood Falls $3.0B B 0.92%
Merchants Bank, National AssociationWinona $2.9B A 1.23%
Tradition Capital BankWayzata $2.6B B 0.71%
Think Mutual BankRochester $2.2B B 0.61%