Call reports 2026
GRAND MARAIS STATE BANK — 2026
What GRAND MARAIS STATE BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 201,549,000 | 207,183,000 |
| Total loans | 131,576,000 | 131,037,000 |
| Allowance for loan losses | 1,300,000 | 1,285,000 |
| Securities available for sale | 43,522,000 | 43,230,000 |
| Securities held to maturity | 18,793,000 | 16,617,000 |
| Trading assets | 0 | 0 |
| Total deposits | 182,363,000 | 189,592,000 |
| Interest-bearing deposits | 110,431,000 | 118,456,000 |
| Noninterest-bearing deposits | 71,932,000 | 71,136,000 |
| Equity capital | 16,424,000 | 16,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 2,658,000 | 5,358,000 |
| Interest expense | 577,000 | 1,169,000 |
| Net interest income | 2,081,000 | 4,189,000 |
| Noninterest income | 136,000 | 282,000 |
| Noninterest expense | 1,462,000 | 2,714,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 755,000 | 1,763,000 |
| Income tax | 0 | 0 |
| Net income | 755,000 | 1,763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 16,689,000 | 16,992,000 |
| Total capital | 17,995,000 | 18,284,000 |
| Risk-weighted assets | 129,765,000 | 126,715,000 |