Bank of Grandin

Headquarters

403 5th Street
Grandin, MO 63943
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bank of Grandin is an FDIC insured institution located in Grandin, MO. It was founded in 1913 and has approximately $0.19 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 9392
Date Established 1913
Assets $ 194.72 million
Loans $ 106.20 million
Deposits $ 165.55 million
Capital $ 28.59 million
 

For a more detailed analysis of Bank of Grandin's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 22, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - October 22, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Grandin

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.904% 2.875%
0.38 points
$928 fees
$1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Bank of Grandin
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Branches

Bank of Grandin branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Bank of Grandin Locations



Climate Initiatives

Bank of Grandin is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bank of Grandin Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Grandin. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Grandin U.S. Bank Average
5.54% 4.78%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2021, Bank of Grandin had $1,562,000 in non-current loans and $89,000 in owned real estate. To cover these potential losses it had $28,586,000 in equity and $1,229,000 in loans loss reserves. That gives it a Texas Ratio of 5.54%.

Return on Equity
Bank of Grandin U.S. Bank Average
12.78% 11.29%

Bank of Grandin has a Return on Equity of 12.78% versus the BestCashCow average of 11.29%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Grandin U.S. Bank Average
14.68% 11.72%

Bank of Grandin has a Capitalization of 14.68% versus the BestCashCow average of 11.72. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Grandin Balance Sheet Analysis

As of June 30, 2021, Bank of Grandin had assets of $194,721,000, loans of $106,201,000, and deposits of $165,553,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2021
ASSETS
Cash & Balances due from depository institutions $ 24.42 million
Interest-bearing balances $ 20.17 million
Total securities $ 57.30 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 106.20 million
Loan loss allowance $ 1.23 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.09 million
Goodwill and other intangibles N.A.
All other assets $ 2.05 million
     Total Assets $ 166.14 million
LIABILITIES
Total deposits $ 165.55 million
      Interest-bearing deposits $ 135.05 million
      Deposits held in domestic offices $ 165.55 million
      % insured (estimated) 73.10%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.58 million
      Total Liabilities $ 166.14 million
      Shareholders’ Equity $ 28.59 million

Summary Income Statement

June 30, 2021
INCOME AND EXPENSES
Total Interest Income $ 4.42 million
Total Interest Expense $ 0.75 million
Net interest income $ 3.67 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 0.27 million
Total non interest expense $ 2.01 million
Pre-tax Net Operating Income $ 1.79 million

Bank Loan Profile?

The top three loan types in Bank of Grandin’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Missouri, Bank of Grandin has a significantly higher percent of Consumer Auto Loans, Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.54
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 7.73
Small Business Loans 19.34
Construction and Development Loans 0.43
Commercial Real Estate 26.96
Commercial and Industrial Loans 22.83
Farm Loans 11.11

Frequently Asked Questions About Bank Of Grandin

Branches and Savings

Is Bank Of Grandin FDIC insured?

Yes. It is covered under FDIC Certificate #9392.

Why does Bank Of Grandin pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of Grandin CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of Grandin a commercial bank?

Yes

Where are Bank Of Grandin locations?

See branch locations nearby.

Is Bank Of Grandin open on Saturdays?

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What time does Bank Of Grandin open?

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Are Bank Of Grandin ATMs Open 24/7?

Do Bank Of Grandin ATMs accept cash deposits?

Can Bank Of Grandin customers use other ATMs?

Do Bank Of Grandin branches have notaries?

Will Bank Of Grandin notarize my document?

What address for Bank Of Grandin should I put for incoming ACH transfers?

Will the Bank Of Grandin branch print checks?

Do Bank Of Grandin checks expire?

Does Bank Of Grandin require US citizenship to open account?

Can Bank Of Grandin close my account?

Does Bank Of Grandin Report to credit bureaus?

Does Bank Of Grandin Use Equifax?

What is Bank Of Grandin's ACH Routing Number?

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Products

Does Bank Of Grandin offer mortgages?

Compare mortgage rates here.

Does Bank Of Grandin offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Grandin offer personal loans?

Compare personal loan rates here.

Does Bank Of Grandin offer student loans?

Will Bank Of Grandin cash a check?

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Does Bank Of Grandin do currency exchange?

Background on The Bank

Who owns Bank Of Grandin?

How long has Bank Of Grandin been around?

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Does Bank Of Grandin have quick pay?

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