Call reports 2004
GRAND MARAIS STATE BANK — 2004
What GRAND MARAIS STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 65,509,000 | 64,762,000 | 69,408,000 | 66,597,000 |
| Total loans | 45,351,000 | 46,535,000 | 45,315,000 | 46,596,000 |
| Allowance for loan losses | 317,000 | 324,000 | 324,000 | 334,000 |
| Securities available for sale | 16,131,000 | 11,808,000 | 15,800,000 | 14,855,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,508,000 | 54,452,000 | 59,003,000 | 56,272,000 |
| Interest-bearing deposits | 40,636,000 | 42,275,000 | 45,336,000 | 43,386,000 |
| Noninterest-bearing deposits | 10,872,000 | 12,177,000 | 13,667,000 | 12,886,000 |
| Equity capital | 5,180,000 | 5,134,000 | 5,188,000 | 5,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 880,000 | 1,781,000 | 2,678,000 | 3,562,000 |
| Interest expense | 234,000 | 423,000 | 614,000 | 822,000 |
| Net interest income | 646,000 | 1,358,000 | 2,064,000 | 2,740,000 |
| Noninterest income | 126,000 | 243,000 | 373,000 | 494,000 |
| Noninterest expense | 415,000 | 863,000 | 1,296,000 | 1,789,000 |
| Provision for loan losses | 10,000 | 20,000 | 20,000 | 30,000 |
| Pretax income | 347,000 | 718,000 | 1,121,000 | 1,415,000 |
| Income tax | -6,000 | -6,000 | -6,000 | -6,000 |
| Net income | 353,000 | 724,000 | 1,127,000 | 1,421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,088,000 | 5,232,000 | 5,182,000 | 5,175,000 |
| Total capital | 5,405,000 | 5,556,000 | 5,506,000 | 5,509,000 |
| Risk-weighted assets | 37,764,000 | 40,366,000 | 39,232,000 | 40,479,000 |
Machine access — free, no API key
Every figure shown here about GRAND MARAIS STATE BANK — 2004 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.