Grant County Deposit Bank

Headquarters

106 North Main Street
Williamstown, KY 41097
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 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 Deposit Bank is an FDIC insured institution located in Williamstown, KY. It was founded in 1882 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 9311
Date Established 1882
Assets $ 73.04 million
Loans $ 40.10 million
Deposits $ 61.68 million
Capital $ 8.41 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Grant County Deposit 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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 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
2.990 %
$0 Learn More
More Info

Note to Grant County Deposit Bank
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Branches

Grant County Deposit 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 Deposit Bank Locations


Financial Details

Grant County Deposit Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Grant County Deposit 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 Deposit Bank U.S. Bank Average
52.46% 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 Deposit Bank had $4,355,000 in non-current loans and $309,000 in owned real estate. To cover these potential losses it had $8,411,000 in equity and $479,000 in loans loss reserves. That gives it a Texas Ratio of 52.46%.

Return on Equity
Grant County Deposit Bank U.S. Bank Average
-6.31% 7.80%

Grant County Deposit Bank has a Return on Equity of -6.31% 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 Deposit Bank U.S. Bank Average
11.52% 12.68%

Grant County Deposit Bank has a Capitalization of 11.52% 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 Deposit Bank Balance Sheet Analysis

As of September 30, 2014, Grant County Deposit Bank had assets of $73,043,000, loans of $40,099,000, and deposits of $61,678,000. 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 $ 40.10 million
Loan loss allowance $ 0.48 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.31 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 61.68 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 $ 73.04 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 Grant County Deposit Bank’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Kentucky, Grant County Deposit Bank has a significantly higher percent of Small Business 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 42.35
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.17
Small Business Loans 23.62
Construction and Development Loans 4.47
Commercial Real Estate 23.62
Commercial and Industrial Loans 0.70
Farm Loans 0.69

Frequently Asked Questions About Grant County Deposit Bank

Branches and Savings

Is Grant County Deposit Bank FDIC insured?

Yes. It is covered under FDIC Certificate #9311.

Why does Grant County Deposit 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 Deposit Bank CD rates not competitive?

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

Is Grant County Deposit Bank a commercial bank?

Yes

Where are Grant County Deposit Bank locations?

See branch locations nearby.

Is Grant County Deposit Bank open on Saturdays?

Is Grant County Deposit Bank open on Sundays?

What time does Grant County Deposit Bank open?

What time does Grant County Deposit Bank close?

Are Grant County Deposit Bank ATMs Open 24/7?

Do Grant County Deposit Bank ATMs accept cash deposits?

Can Grant County Deposit Bank customers use other ATMs?

Do Grant County Deposit Bank branches have notaries?

Will Grant County Deposit Bank notarize my document?

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

Will the Grant County Deposit Bank branch print checks?

Do Grant County Deposit Bank checks expire?

Does Grant County Deposit Bank require US citizenship to open account?

Can Grant County Deposit Bank close my account?

Does Grant County Deposit Bank Report to credit bureaus?

Does Grant County Deposit Bank Use Equifax?

What is Grant County Deposit Bank's ACH Routing Number?

What is Grant County Deposit Bank's SWIFT code?

Products

Does Grant County Deposit Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Grant County Deposit Bank offer personal loans?

Compare personal loan rates here.

Does Grant County Deposit Bank offer student loans?

Will Grant County Deposit Bank cash a check?

Will Grant County Deposit Bank redeem a savings bond?

Does Grant County Deposit Bank cash savings bonds?

Will Grant County Deposit Bank cash money orders?

Can Grant County Deposit Bank issue a money order?

Does Grant County Deposit Bank do currency exchange?

Background on The Bank

Who owns Grant County Deposit Bank?

How long has Grant County Deposit Bank been around?

Can Grant County Deposit Bank transfer to other banks?

Does Grant County Deposit Bank have quick pay?

Does Grant County Deposit Bank accept rolled coins?

Will Grant County Deposit Bank accept loose change?

Where is Grant County Deposit Bank headquarters?

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