Bank of Gravett

211 Main St Se
Gravette, AR 72736

Notable Rates APY Vs.Others
Savings 0.20% 2.60% →
1-Year CD 1.85% 2.36% →
2-Year CD 2.15% 2.60% →
5-Year CD 2.15% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Bank of Gravett is an FDIC insured institution located in Gravette, AR. It was founded in 1898 and has approximately $0.13 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 5636
Date Established 1898
Assets $0.13 billion
Loans $0.08 billion
Deposits $0.12 billion
Capital $0.02 billion
 

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

Deposit Rates - November 14, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.60% $2,500 $24,999 Learn MoreShow Less
Money Market
0.70% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
1.00% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
1.00% $100,000 - Learn MoreShow Less
1.00% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
1.00% $100,000 - Learn MoreShow Less
1.80% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
1.85% $100,000 - Learn MoreShow Less
1.95% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
2.00% $100,000 - Learn MoreShow Less
24 Mo CD
2.10% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
2.15% $100,000 - Learn MoreShow Less
30 Mo CD
2.10% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.10% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.15% $100,000 - Learn MoreShow Less
48 Mo CD
2.10% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.15% $100,000 - Learn MoreShow Less
60 Mo CD
2.10% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.15% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.85% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less

Loan Rates - November 14, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Gravett

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.536% 3.500% 0.50 $1,128 $1,123 Learn More
Infinity Mortgage Group
NMLS ID: 35972
License#: NMLS 35972
3.649% 3.625% -0.13 $776 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to Bank of Gravett
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank of Gravett 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:
Seattle,Washington


Bank of Gravett Locations


Financial Details

Bank of Gravett Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Gravett. 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 Gravett U.S. Bank Average
8.76% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, Bank of Gravett had $780,000 in non-current loans and $841,000 in owned real estate. To cover these potential losses it had $17,992,000 in equity and $510,000 in loans loss reserves. That gives it a Texas Ratio of 8.76%.

Return on Equity
Bank of Gravett U.S. Bank Average
2.36% 9.50%

Bank of Gravett has a Return on Equity of 2.36% versus the BestCashCow average of 9.50%. 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 Gravett U.S. Bank Average
13.38% 12.76%

Bank of Gravett has a Capitalization of 13.38% versus the BestCashCow average of 12.76. 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 Gravett Balance Sheet Analysis

As of June 30, 2019, Bank of Gravett had assets of $134,485,000, loans of $77,113,000, and deposits of $116,039,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $0.01 billion
     Total Assets $0.12 billion
LIABILITIES
Total deposits $0.12 billion
      Interest-bearing deposits $0.10 billion
      Deposits held in domestic offices $0.12 billion
      % insured (estimated) 84.59%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.12 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Bank of Gravett’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Arkansas, Bank of Gravett has a significantly higher percent of Construction and Development 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 29.65
Multifamily
Mortgages
0.29
Credit Card Loans 0.00
Consumer Auto Loans 3.20
Small Business Loans 9.98
Construction and Development Loans 15.49
Commercial Real Estate 17.44
Commercial and Industrial Loans 9.82
Farm Loans 1.82

Frequently Asked Questions About Bank Of Gravett

Branches and Savings

Is Bank Of Gravett FDIC insured?

Yes. It is covered under FDIC Certificate #5636.

Why does Bank Of Gravett 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 Gravett CD rates not competitive?

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

Is Bank Of Gravett a commercial bank?

Yes

Where are Bank Of Gravett locations?

See branch locations nearby.

Is Bank Of Gravett open on Saturdays?

Is Bank Of Gravett open on Sundays?

What time does Bank Of Gravett open?

What time does Bank Of Gravett close?

Are Bank Of Gravett ATMs Open 24/7?

Do Bank Of Gravett ATMs accept cash deposits?

Can Bank Of Gravett customers use other ATMs?

Do Bank Of Gravett branches have notaries?

Will Bank Of Gravett notarize my document?

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

Will the Bank Of Gravett branch print checks?

Do Bank Of Gravett checks expire?

Does Bank Of Gravett require US citizenship to open account?

Can Bank Of Gravett close my account?

Does Bank Of Gravett Report to credit bureaus?

Does Bank Of Gravett Use Equifax?

What is Bank Of Gravett's ACH Routing Number?

What is Bank Of Gravett's SWIFT code?

Products

Does Bank Of Gravett offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Gravett offer personal loans?

Compare personal loan rates here.

Does Bank Of Gravett offer student loans?

Will Bank Of Gravett cash a check?

Will Bank Of Gravett redeem a savings bond?

Does Bank Of Gravett cash savings bonds?

Will Bank Of Gravett cash money orders?

Can Bank Of Gravett issue a money order?

Does Bank Of Gravett do currency exchange?

Background on The Bank

Who owns Bank Of Gravett?

How long has Bank Of Gravett been around?

Can Bank Of Gravett transfer to other banks?

Does Bank Of Gravett have quick pay?

Does Bank Of Gravett accept rolled coins?

Will Bank Of Gravett accept loose change?

Where is Bank Of Gravett headquarters?

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