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BankSonar

Grand Marais State Bank

Grand Marais, MN · State member commercial bank

66

Sonar Score

Stable

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$201.5M
Total deposits
$182.4M
Branches
5
Return on assets
1.47%
Return on equity
18.67%
Charter type
State member commercial bank
Established
1916
FDIC cert #
8842

How the 66 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Grand Marais State Bank

Grand Marais State Bank is an FDIC-insured institution (Cert #8842). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

5 branch locations

113 1st St Nw

Ortonville, MN 56278

4 Johannes Lane

Tofte, MN 55615

211 E Highway 61

Grand Marais, MN 55604

109 W Yellowstone Trl

Buffalo Lake, MN 55314

1380 Montreal St Se

Hutchinson, MN 55350

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