Great Plains National Bank

Headquarters

2017 West Third
Elk City, OK 73644
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.08% 1.05% →
1-Year CD 0.70% 0.95% →
2-Year CD 0.80% 1.05% →
5-Year CD 1.00% 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

Great Plains National Bank is an FDIC insured institution located in Elk City, OK. It was founded in 1996 and has approximately $0.83 billion in assets. Customers can open an account at one of its 16 branches.

FDIC Insured Yes
FDIC Certificate # 34207
Date Established 1996
Assets $ 830.08 million
Loans $ 688.00 million
Deposits $ 734.25 million
Capital $ 85.15 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.08% $1 - Learn More
Money Market
0.08% $1,000 $10,000 Learn More
Money Market
0.15% $1,000 $10,000 Learn More
Money Market
0.19% $10,001 $25,000 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.36% $1,000 - Learn More
6 Mo CD
0.51% $1,000 - Learn More
12 Mo CD
0.70% $1,000 - Learn More
24 Mo CD
0.80% $1,000 - Learn More
36 Mo CD
0.90% $1,000 - Learn More
48 Mo CD
0.95% $1,000 - Learn More
60 Mo CD
1.00% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1,500 - Learn MoreShow Less

Loan Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Great Plains National 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
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 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
2.990 %
$0 Learn More
More Info

Note to Great Plains National Bank
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Branches

Great Plains National 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


Great Plains National Bank Locations


Financial Details

Great Plains National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Great Plains National 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
Great Plains National Bank U.S. Bank Average
7.85% 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, Great Plains National Bank had $7,029,000 in non-current loans and $431,000 in owned real estate. To cover these potential losses it had $85,154,000 in equity and $9,840,000 in loans loss reserves. That gives it a Texas Ratio of 7.85%.

Return on Equity
Great Plains National Bank U.S. Bank Average
15.49% 7.80%

Great Plains National Bank has a Return on Equity of 15.49% 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
Great Plains National Bank U.S. Bank Average
10.26% 12.68%

Great Plains National Bank has a Capitalization of 10.26% 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.

Great Plains National Bank Balance Sheet Analysis

As of March 31, 2020, Great Plains National Bank had assets of $830,077,000, loans of $688,003,000, and deposits of $734,247,000. 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 $ 22.73 million
Interest-bearing balances $ 8.95 million
Total securities $ 55.61 million
Federal funds sold and reverse repurchase $ 19.41 million
Net loans and leases $ 688.00 million
Loan loss allowance $ 9.84 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.43 million
Goodwill and other intangibles $ 1.68 million
All other assets $ 23.50 million
     Total Assets $ 744.92 million
LIABILITIES
Total deposits $ 734.25 million
      Interest-bearing deposits $ 590.22 million
      Deposits held in domestic offices $ 734.25 million
      % insured (estimated) 82.33%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 10.68 million
      Total Liabilities $ 744.92 million
      Shareholders’ Equity $ 85.15 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 12.85 million
Total Interest Expense $ 1.92 million
Net interest income $ 10.94 million
Provision for loan and lease losses $ 0.78 million
Total non interest income $ 4.83 million
Total non interest expense $ 11.63 million
Pre-tax Net Operating Income $ 3.36 million

Bank Loan Profile?

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

Compared to other banks, Great Plains National 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 22.27
Multifamily
Mortgages
0.93
Credit Card Loans 0.00
Consumer Auto Loans 2.00
Small Business Loans 0.00
Construction and Development Loans 8.20
Commercial Real Estate 19.00
Commercial and Industrial Loans 26.19
Farm Loans 8.63

Frequently Asked Questions About Great Plains National Bank

Branches and Savings

Is Great Plains National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34207.

Why does Great Plains National Bank pay such low interest on savings accounts?

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

Why are Great Plains National Bank CD rates not competitive?

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

Is Great Plains National Bank a commercial bank?

Yes

Where are Great Plains National Bank locations?

See branch locations nearby.

Is Great Plains National Bank open on Saturdays?

Is Great Plains National Bank open on Sundays?

What time does Great Plains National Bank open?

What time does Great Plains National Bank close?

Are Great Plains National Bank ATMs Open 24/7?

Do Great Plains National Bank ATMs accept cash deposits?

Can Great Plains National Bank customers use other ATMs?

Do Great Plains National Bank branches have notaries?

Will Great Plains National Bank notarize my document?

What address for Great Plains National Bank should I put for incoming ACH transfers?

Will the Great Plains National Bank branch print checks?

Do Great Plains National Bank checks expire?

Does Great Plains National Bank require US citizenship to open account?

Can Great Plains National Bank close my account?

Does Great Plains National Bank Report to credit bureaus?

Does Great Plains National Bank Use Equifax?

What is Great Plains National Bank's ACH Routing Number?

What is Great Plains National Bank's SWIFT code?

Products

Does Great Plains National Bank offer mortgages?

Compare mortgage rates here.

Does Great Plains National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Great Plains National Bank offer personal loans?

Compare personal loan rates here.

Does Great Plains National Bank offer student loans?

Will Great Plains National Bank cash a check?

Will Great Plains National Bank redeem a savings bond?

Does Great Plains National Bank cash savings bonds?

Will Great Plains National Bank cash money orders?

Can Great Plains National Bank issue a money order?

Does Great Plains National Bank do currency exchange?

Background on The Bank

Who owns Great Plains National Bank?

How long has Great Plains National Bank been around?

Can Great Plains National Bank transfer to other banks?

Does Great Plains National Bank have quick pay?

Does Great Plains National Bank accept rolled coins?

Will Great Plains National Bank accept loose change?

Where is Great Plains National Bank headquarters?

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