Gogebic Range Bank, Financial Information

AboutGogebic Range Bank

 Address:
155 East Cloverland Drive
Ironwood,MI
Gogebic County,Michigan
 Established:
May 2002
 Number of domestic offices:
4
Total assets$150M
Net income$2M
Net income,quarterly$0M
Total deposits$135M
Domestic deposits$135M
Equity capital$15M
ROA1.11%
ROAQ,quarterly0.71%
ROA,pretax0.71%
ROAQ,quarterly,pretax0.81%
ROE10.7%
ROEQ,quarterly7.14%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.