Grandpoint Bank

333 S. Grand Avenue, Suite 3580
Los Angeles, CA 90071

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58390
Date Established 2007
Assets $3.25 billion
Loans $2.35 billion
Deposits $2.42 billion
Capital $0.35 billion

Grandpoint Bank is an FDIC insured institution located in Los Angeles, CA. It was founded in 2007 and has approximately $3.25 billion in assets. Customers can open an account at one of its 19 branches.

For a more detailed analysis of Grandpoint Bank'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 Grandpoint Bank’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and Commercial and Industrial Loans.

Compared to other banks in California, Grandpoint Bank has a significantly higher percent of Multifamily Mortgages 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 6.05
Multifamily
Mortgages
30.56
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 8.55
Construction and Development Loans 5.97
Commercial Real Estate 44.62
Commercial and Industrial Loans 10.51
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $1,000 - Learn MoreShow Less
3 Mo CD 10K
0.15% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.30% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.20% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM2.5K
0.20% $1 $9,999 Learn MoreShow Less
MM 10K
0.20% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Grandpoint 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.796% 4.750% 0.00 $1,325 $1,305 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.411% 4.375% 0.00 $1,190 $1,249 Learn More
PenFed Credit Union
NMLS ID: 401822
4.585% 4.500% 0.00 $2,500 $1,267 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.740% $291.47 Learn More

Note to Grandpoint Bank
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Branches

Grandpoint 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


Grandpoint Bank Locations

Financial Details

Grandpoint Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Grandpoint 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
Grandpoint Bank U.S. Bank Average
2.25% 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 March 31, 2018, Grandpoint Bank had $7,393,000 in non-current loans and $925,000 in owned real estate. To cover these potential losses it had $351,118,000 in equity and $18,710,000 in loans loss reserves. That gives it a Texas Ratio of 2.25%.

Return on Equity
Grandpoint Bank U.S. Bank Average
10.43% 9.35%

Grandpoint Bank has a Return on Equity of 10.43% versus the BestCashCow average of 9.35%. 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
Grandpoint Bank U.S. Bank Average
10.79% 12.01%

Grandpoint Bank has a Capitalization of 10.79% versus the BestCashCow average of 12.01. 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.

Grandpoint Bank Balance Sheet Analysis

As of March 31, 2018, Grandpoint Bank had assets of $3,253,782,000, loans of $2,346,379,000, and deposits of $2,416,123,000. 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

ASSETS
Cash & Balances due from depository institutions $0.25 billion
Interest-bearing balances $0.20 billion
Total securities $0.50 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $2.35 billion
Loan loss allowance $0.02 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 $0.06 billion
All other assets $0.09 billion
     Total Assets $2.90 billion
LIABILITIES
Total deposits $2.42 billion
      Interest-bearing deposits $1.32 billion
      Deposits held in domestic offices $2.42 billion
      % insured (estimated) 41.80%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.48 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $2.90 billion
      Shareholders’ Equity $0.35 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.03 billion
Total Interest Expense $0.00 billion
Net interest income $0.03 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Grandpoint Bank

Branches and Savings

Is Grandpoint Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58390.

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

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

Why are Grandpoint Bank CD rates not competitive?

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

Is Grandpoint Bank a commercial bank?

Yes

Where are Grandpoint Bank locations?

See branch locations nearby.

Is Grandpoint Bank open on Saturdays?

Is Grandpoint Bank open on Sundays?

What time does Grandpoint Bank open?

What time does Grandpoint Bank close?

Are Grandpoint Bank ATMs Open 24/7?

Do Grandpoint Bank ATMs accept cash deposits?

Can Grandpoint Bank customers use other ATMs?

Do Grandpoint Bank branches have notaries?

Will Grandpoint Bank notarize my document?

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

Will the Grandpoint Bank branch print checks?

Do Grandpoint Bank checks expire?

Does Grandpoint Bank require US citizenship to open account?

Can Grandpoint Bank close my account?

Does Grandpoint Bank Report to credit bureaus?

Does Grandpoint Bank Use Equifax?

What is Grandpoint Bank's ACH Routing Number?

What is Grandpoint Bank's SWIFT code?

Products

Does Grandpoint Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Grandpoint Bank offer personal loans?

Compare personal loan rates here.

Does Grandpoint Bank offer student loans?

Will Grandpoint Bank cash a check?

Will Grandpoint Bank redeem a savings bond?

Does Grandpoint Bank cash savings bonds?

Will Grandpoint Bank cash money orders?

Can Grandpoint Bank issue a money order?

Does Grandpoint Bank do currency exchange?

Background on The Bank

Who owns Grandpoint Bank?

How long has Grandpoint Bank been around?

Can Grandpoint Bank transfer to other banks?

Does Grandpoint Bank have quick pay?

Does Grandpoint Bank accept rolled coins?

Will Grandpoint Bank accept loose change?

Where is Grandpoint Bank headquarters?

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