Call reports 2007
GRAND MARAIS STATE BANK — 2007
What GRAND MARAIS STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 63,265,000 | 60,811,000 | 64,564,000 | 61,958,000 |
| Total loans | 46,294,000 | 46,548,000 | 44,805,000 | 44,914,000 |
| Allowance for loan losses | 390,000 | 390,000 | 390,000 | 390,000 |
| Securities available for sale | 7,247,000 | 7,229,000 | 7,255,000 | 9,305,000 |
| Securities held to maturity | 567,000 | 567,000 | 553,000 | 502,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,647,000 | 55,318,000 | 58,922,000 | 56,258,000 |
| Interest-bearing deposits | 43,739,000 | 42,804,000 | 44,406,000 | 43,247,000 |
| Noninterest-bearing deposits | 10,908,000 | 12,514,000 | 14,516,000 | 13,011,000 |
| Equity capital | 5,282,000 | 5,196,000 | 5,293,000 | 5,408,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,003,000 | 2,003,000 | 3,033,000 | 4,054,000 |
| Interest expense | 345,000 | 686,000 | 1,015,000 | 1,321,000 |
| Net interest income | 658,000 | 1,317,000 | 2,018,000 | 2,733,000 |
| Noninterest income | 129,000 | 241,000 | 371,000 | 491,000 |
| Noninterest expense | 506,000 | 973,000 | 1,461,000 | 2,009,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 281,000 | 585,000 | 928,000 | 1,215,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 281,000 | 585,000 | 928,000 | 1,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,284,000 | 5,216,000 | 5,287,000 | 5,374,000 |
| Total capital | 5,674,000 | 5,606,000 | 5,677,000 | 5,764,000 |
| Risk-weighted assets | 40,537,000 | 40,537,000 | 45,170,000 | 39,310,000 |
Machine access — free, no API key
Every figure shown here about GRAND MARAIS STATE BANK — 2007 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 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.