Grand Bank for Savings, FSB

204 Westover Drive
Hattiesburg, MS 39402

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31864
Date Established 1968
Assets $0.08 billion
Loans $0.06 billion
Deposits $0.06 billion
Capital $0.01 billion

Grand Bank for Savings, FSB is an FDIC insured institution located in Hattiesburg, MS. It was founded in 1968 and has approximately $0.08 billion in assets. Customers can open an account at one of its 2 branches.

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

Bank Loan Profile?

The top three loan types in Grand Bank for Savings, FSB’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Small Business Loans.

Compared to other banks in Mississippi, Grand Bank for Savings, FSB has a significantly higher percent of 1-4 Family Residential 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 94.73
Multifamily
Mortgages
0.28
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.61
Construction and Development Loans 4.48
Commercial Real Estate 0.61
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Deposit Rates - December 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $7,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.60% $1,000 - Learn MoreShow Less
6 Mo CD
0.65% $1,000 - Learn MoreShow Less
12 Mo CD
1.10% $1,000 - Learn MoreShow Less
18 Mo CD
1.20% $1,000 - Learn MoreShow Less
24 Mo CD
2.00% $1,000 - Learn MoreShow Less
30 Mo CD
1.45% $1,000 - Learn MoreShow Less
36 Mo CD
2.10% $1,000 - Learn MoreShow Less
48 Mo CD
2.15% $1,000 - Learn MoreShow Less
60 Mo CD
2.30% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.10% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 $2,999 Learn MoreShow Less

Loan Rates - December 15, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Grand Bank for Savings, FSB

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
HSBC Bank USA N.A.
NMLS ID: 399799
4.789% 4.750% 0.00 $1,248 $1,305 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.518% 4.500% 0.25 $540 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to Grand Bank for Savings, FSB
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Grand Bank for Savings, FSB 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 for Savings, FSB Locations

Financial Details

Grand Bank for Savings, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Grand Bank for Savings, FSB. 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 for Savings, FSB U.S. Bank Average
26.96% 7.92%

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, 2018, Grand Bank for Savings, FSB had $1,110,000 in non-current loans and $1,838,000 in owned real estate. To cover these potential losses it had $10,503,000 in equity and $432,000 in loans loss reserves. That gives it a Texas Ratio of 26.96%.

Return on Equity
Grand Bank for Savings, FSB U.S. Bank Average
6.67% 9.77%

Grand Bank for Savings, FSB has a Return on Equity of 6.67% versus the BestCashCow average of 9.77%. 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 for Savings, FSB U.S. Bank Average
13.92% 12.31%

Grand Bank for Savings, FSB has a Capitalization of 13.92% versus the BestCashCow average of 12.31. 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 for Savings, FSB Balance Sheet Analysis

As of June 30, 2018, Grand Bank for Savings, FSB had assets of $75,453,000, loans of $62,634,000, and deposits of $62,193,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 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 $0.00 billion
All other assets $0.00 billion
     Total Assets $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 92.14%
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 $0.06 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2018
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

Frequently Asked Questions About Grand Bank For Savings, Fsb

Branches and Savings

Is Grand Bank For Savings, Fsb FDIC insured?

Yes. It is covered under FDIC Certificate #31864.

Why does Grand Bank For Savings, Fsb 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 For Savings, Fsb CD rates not competitive?

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

Is Grand Bank For Savings, Fsb a commercial bank?

Yes

Where are Grand Bank For Savings, Fsb locations?

See branch locations nearby.

Is Grand Bank For Savings, Fsb open on Saturdays?

Is Grand Bank For Savings, Fsb open on Sundays?

What time does Grand Bank For Savings, Fsb open?

What time does Grand Bank For Savings, Fsb close?

Are Grand Bank For Savings, Fsb ATMs Open 24/7?

Do Grand Bank For Savings, Fsb ATMs accept cash deposits?

Can Grand Bank For Savings, Fsb customers use other ATMs?

Do Grand Bank For Savings, Fsb branches have notaries?

Will Grand Bank For Savings, Fsb notarize my document?

What address for Grand Bank For Savings, Fsb should I put for incoming ACH transfers?

Will the Grand Bank For Savings, Fsb branch print checks?

Do Grand Bank For Savings, Fsb checks expire?

Does Grand Bank For Savings, Fsb require US citizenship to open account?

Can Grand Bank For Savings, Fsb close my account?

Does Grand Bank For Savings, Fsb Report to credit bureaus?

Does Grand Bank For Savings, Fsb Use Equifax?

What is Grand Bank For Savings, Fsb's ACH Routing Number?

What is Grand Bank For Savings, Fsb's SWIFT code?

Products

Does Grand Bank For Savings, Fsb offer mortgages?

Compare mortgage rates here.

Does Grand Bank For Savings, Fsb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Grand Bank For Savings, Fsb offer personal loans?

Compare personal loan rates here.

Does Grand Bank For Savings, Fsb offer student loans?

Will Grand Bank For Savings, Fsb cash a check?

Will Grand Bank For Savings, Fsb redeem a savings bond?

Does Grand Bank For Savings, Fsb cash savings bonds?

Will Grand Bank For Savings, Fsb cash money orders?

Can Grand Bank For Savings, Fsb issue a money order?

Does Grand Bank For Savings, Fsb do currency exchange?

Background on The Bank

Who owns Grand Bank For Savings, Fsb?

How long has Grand Bank For Savings, Fsb been around?

Can Grand Bank For Savings, Fsb transfer to other banks?

Does Grand Bank For Savings, Fsb have quick pay?

Does Grand Bank For Savings, Fsb accept rolled coins?

Will Grand Bank For Savings, Fsb accept loose change?

Where is Grand Bank For Savings, Fsb headquarters?

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*All images, logos and public notes on this page appear courtesy of Grand Bank For Savings, Fsb and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.