Grand Bank

Headquarters

16660 Dallas Parkway Suite 1700
Dallas, TX 75248
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Grand Bank is an FDIC insured institution located in Dallas, TX. It was founded in 2002 and has approximately $0.59 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57378
Date Established 2002
Assets $ 576.16 million
Loans $ 257.53 million
Deposits $ 464.94 million
Capital $ 40.39 million
 

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

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Grand Bank

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.444% 2.375% 0.88 $2,304 $972 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.664% 2.625% 0.50 $1,285 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Grand Bank
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Branches

Grand Bank 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:
Ashburn,Virginia


Grand Bank Locations


Financial Details

Grand Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Grand Bank. 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
Grand Bank U.S. Bank Average
0% 6.94%

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 March 31, 2020, Grand Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $40,389,000 in equity and $2,575,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Grand Bank U.S. Bank Average
10.25% 7.80%

Grand Bank has a Return on Equity of 10.25% versus the BestCashCow average of 7.80%. 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
Grand Bank U.S. Bank Average
7.01% 12.68%

Grand Bank has a Capitalization of 7.01% versus the BestCashCow average of 12.68. 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.

Grand Bank Balance Sheet Analysis

As of March 31, 2015, Grand Bank had assets of $592,407,000, loans of $257,534,000, and deposits of $464,941,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 257.53 million
Loan loss allowance $ 2.58 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 464.94 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 576.16 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Grand Bank’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Texas, Grand Bank 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 22.11
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 4.80
Construction and Development Loans 25.05
Commercial Real Estate 26.85
Commercial and Industrial Loans 23.59
Farm Loans 0.00

Frequently Asked Questions About Grand Bank

Branches and Savings

Is Grand Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57378.

Why does Grand Bank pay such low interest on savings accounts?

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

Why are Grand Bank CD rates not competitive?

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

Is Grand Bank a commercial bank?

Yes

Where are Grand Bank locations?

See branch locations nearby.

Is Grand Bank open on Saturdays?

Is Grand Bank open on Sundays?

What time does Grand Bank open?

What time does Grand Bank close?

Are Grand Bank ATMs Open 24/7?

Do Grand Bank ATMs accept cash deposits?

Can Grand Bank customers use other ATMs?

Do Grand Bank branches have notaries?

Will Grand Bank notarize my document?

What address for Grand Bank should I put for incoming ACH transfers?

Will the Grand Bank branch print checks?

Do Grand Bank checks expire?

Does Grand Bank require US citizenship to open account?

Can Grand Bank close my account?

Does Grand Bank Report to credit bureaus?

Does Grand Bank Use Equifax?

What is Grand Bank's ACH Routing Number?

What is Grand Bank's SWIFT code?

Products

Does Grand Bank offer mortgages?

Compare mortgage rates here.

Does Grand Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Grand Bank offer personal loans?

Compare personal loan rates here.

Does Grand Bank offer student loans?

Will Grand Bank cash a check?

Will Grand Bank redeem a savings bond?

Does Grand Bank cash savings bonds?

Will Grand Bank cash money orders?

Can Grand Bank issue a money order?

Does Grand Bank do currency exchange?

Background on The Bank

Who owns Grand Bank?

How long has Grand Bank been around?

Can Grand Bank transfer to other banks?

Does Grand Bank have quick pay?

Does Grand Bank accept rolled coins?

Will Grand Bank accept loose change?

Where is Grand Bank headquarters?

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