GRAND MARAIS STATE BANK
GRAND MARAIS, MINNESOTA · FDIC Cert #8842
Capital & Safety Analysis
According to FDIC financial data, GRAND MARAIS STATE BANK holds a Tier 1 capital ratio of 14.74%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning GRAND MARAIS STATE BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
GRAND MARAIS STATE BANK shows strong financial health indicators. With $116M in assets and a Health Score of 94/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
GRAND MARAIS STATE BANK has a Bank Health Score of A (94/100). It holds a Tier 1 capital ratio of 14.74%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
GRAND MARAIS STATE BANK holds $116M in total assets and $103M in total deposits. It is located in GRAND MARAIS, MINNESOTA (FDIC Certificate #8842).
GRAND MARAIS STATE BANK has a Tier 1 capital ratio of 14.74%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.70%.
Yes. GRAND MARAIS STATE BANK is FDIC-insured (Certificate #8842). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.