Grant County Bank

Headquarters

201 South Main Street
Ulysses, KS 67880
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.39% 1.01% →
2-Year CD 0.48% 0.95% →
5-Year CD 1.15% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Grant County Bank is an FDIC insured institution located in Ulysses, KS. It was founded in 1906 and has approximately $0.24 billion in assets.

FDIC Insured Yes
FDIC Certificate # 10918
Date Established 1906
Assets $ 244.48 million
Loans $ 146.69 million
Deposits $ 199.00 million
Capital $ 35.38 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 $99,999 Learn More
Money Market
0.10% $1 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.27% $1 $99,999 Learn More
3 Mo CD
0.32% $100,000 - Learn More
6 Mo CD
0.31% $1 $99,999 Learn More
6 Mo CD
0.36% $100,000 - Learn More
12 Mo CD
0.34% $1 $99,999 Learn More
12 Mo CD
0.39% $100,000 - Learn More
18 Mo CD
0.38% $1 $99,999 Learn More
18 Mo CD
0.43% $100,000 - Learn More
24 Mo CD
0.43% $1 $99,999 Learn More
24 Mo CD
0.48% $100,000 - Learn More
36 Mo CD
0.61% $1 $99,999 Learn More
36 Mo CD
0.66% $100,000 - Learn More
48 Mo CD
0.69% $1 $99,999 Learn More
48 Mo CD
0.74% $100,000 - Learn More
60 Mo CD
1.10% $1 $99,999 Learn More
60 Mo CD
1.15% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.34% $1 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.34% $1 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $249,999 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Grant County Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More

Featured - Connecticut 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
More Info

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

Branches

Grant County 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:
Fairfield,Connecticut


Grant County Bank Locations


Financial Details

Grant County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Grant County 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
Grant County Bank U.S. Bank Average
14% 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, Grant County Bank had $5,437,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $35,384,000 in equity and $3,457,000 in loans loss reserves. That gives it a Texas Ratio of 14%.

Return on Equity
Grant County Bank U.S. Bank Average
8.94% 7.80%

Grant County Bank has a Return on Equity of 8.94% 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
Grant County Bank U.S. Bank Average
14.47% 12.68%

Grant County Bank has a Capitalization of 14.47% 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.

Grant County Bank Balance Sheet Analysis

As of March 31, 2020, Grant County Bank had assets of $244,480,000, loans of $146,693,000, and deposits of $198,997,000. 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 $ 7.60 million
Interest-bearing balances $ 2.72 million
Total securities $ 78.78 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 146.69 million
Loan loss allowance $ 3.46 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 $ 6.18 million
     Total Assets $ 209.10 million
LIABILITIES
Total deposits $ 199.00 million
      Interest-bearing deposits $ 170.90 million
      Deposits held in domestic offices $ 199.00 million
      % insured (estimated) 65.31%
Federal funds purchased and repurchase agreements $ 0.70 million
Trading liabilities N.A.
Other borrowed funds $ 8.15 million
Subordinated debt N.A.
All other liabilities $ 1.25 million
      Total Liabilities $ 209.10 million
      Shareholders’ Equity $ 35.38 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.43 million
Total Interest Expense $ 0.45 million
Net interest income $ 1.98 million
Provision for loan and lease losses $ 0.17 million
Total non interest income $ 0.62 million
Total non interest expense $ 1.62 million
Pre-tax Net Operating Income $ 0.82 million

Bank Loan Profile?

The top three loan types in Grant County Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, Grant County Bank’s loan portfolio does not show any specific loan specialty.

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 36.46
Multifamily
Mortgages
0.34
Credit Card Loans 0.00
Consumer Auto Loans 1.55
Small Business Loans 0.00
Construction and Development Loans 6.16
Commercial Real Estate 10.58
Commercial and Industrial Loans 16.75
Farm Loans 9.44

Frequently Asked Questions About Grant County Bank

Branches and Savings

Is Grant County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10918.

Why does Grant County Bank pay such low interest on savings accounts?

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

Why are Grant County Bank CD rates not competitive?

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

Is Grant County Bank a commercial bank?

Yes

Where are Grant County Bank locations?

See branch locations nearby.

Is Grant County Bank open on Saturdays?

Is Grant County Bank open on Sundays?

What time does Grant County Bank open?

What time does Grant County Bank close?

Are Grant County Bank ATMs Open 24/7?

Do Grant County Bank ATMs accept cash deposits?

Can Grant County Bank customers use other ATMs?

Do Grant County Bank branches have notaries?

Will Grant County Bank notarize my document?

What address for Grant County Bank should I put for incoming ACH transfers?

Will the Grant County Bank branch print checks?

Do Grant County Bank checks expire?

Does Grant County Bank require US citizenship to open account?

Can Grant County Bank close my account?

Does Grant County Bank Report to credit bureaus?

Does Grant County Bank Use Equifax?

What is Grant County Bank's ACH Routing Number?

What is Grant County Bank's SWIFT code?

Products

Does Grant County Bank offer mortgages?

Compare mortgage rates here.

Does Grant County Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Grant County Bank offer personal loans?

Compare personal loan rates here.

Does Grant County Bank offer student loans?

Will Grant County Bank cash a check?

Will Grant County Bank redeem a savings bond?

Does Grant County Bank cash savings bonds?

Will Grant County Bank cash money orders?

Can Grant County Bank issue a money order?

Does Grant County Bank do currency exchange?

Background on The Bank

Who owns Grant County Bank?

How long has Grant County Bank been around?

Can Grant County Bank transfer to other banks?

Does Grant County Bank have quick pay?

Does Grant County Bank accept rolled coins?

Will Grant County Bank accept loose change?

Where is Grant County Bank headquarters?

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