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GRAND MARAIS STATE BANK

Grand Marais, MN

Latest Health Report

Latest Update: March 31, 2021

Assets
$120,994,000
Deposits
$112,823,000
Loans
$67,587,000
Loan Loss Provision
$0
Profit
$629,000
Capital
$7,931,000
Reserves
$699,000
Past Due 90 Days
$0
Nonaccrual
$578,000
Other Real Estate Owned
$0
Capital Plus Reserves
$8,630,000
Total Troubled Assets
$578,000
Troubled Asset Ratio
6.70

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $118,047,000 $110,358,000 $64,194,000 $1,529,000 $8,135,000 $589,000 7.24
2019 $90,163,000 $82,081,000 $55,130,000 $1,429,000 $7,728,000 $0 0
2018 $87,973,000 $79,181,000 $52,317,000 $1,380,000 $7,633,000 $16,000 0.21
2016 $91,961,000 $81,751,000 $46,826,000 $940,000 $7,085,000 $0 0
2015 $86,498,000 $80,335,000 $45,591,000 $846,000 $6,661,000 $465,000 6.98