The Grant County Bank

3 North Main Street
Petersburg, WV 26847

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11953
Date Established 1902
Assets $0.26 billion
Loans $0.21 billion
Deposits $0.21 billion
Capital $0.03 billion

The Grant County Bank is an FDIC insured institution located in Petersburg, WV. It was founded in 1902 and has approximately $0.26 billion in assets. Customers can open an account at one of its 7 branches.

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

Deposit Rates - August 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.40% $2,500 $9,999 Learn MoreShow Less
Money Market
0.45% $10,000 $19,999 Learn MoreShow Less
Money Market
0.60% $20,000 - Learn MoreShow Less
Premium Money Market Account
0.35% $1 $14,999 Learn MoreShow Less
Premium Money Market Account
0.75% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.60% $1,000 - Learn MoreShow Less
6 Mo CD
0.70% $1,000 - Learn MoreShow Less
12 Mo CD
1.10% $500 - Learn MoreShow Less
Special: 14 Mo CD
1.90% $5,000 - Learn MoreShow Less
18 Mo CD
1.10% $500 - Learn MoreShow Less
24 Mo CD
1.20% $500 - Learn MoreShow Less
30 Mo CD
1.40% $500 - Learn MoreShow Less
Special: 30 Mo CD
2.20% $5,000 - Learn MoreShow Less
36 Mo CD
1.50% $500 - Learn MoreShow Less
60 Mo CD
2.25% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.15% $250 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.30% $1,000 - Learn MoreShow Less

Loan Rates - August 21, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for The 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.656% 3.625% 0.38 $962 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.625% 4.625% 0.00 $0 $1,286 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.527% 3.500% 0.38 $852 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to The Grant County Bank
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Branches

The 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


The Grant County Bank Locations


Financial Details

The Grant County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The 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
The Grant County Bank U.S. Bank Average
17.28% 6.94%

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, 2019, The Grant County Bank had $4,983,000 in non-current loans and $1,129,000 in owned real estate. To cover these potential losses it had $33,245,000 in equity and $2,129,000 in loans loss reserves. That gives it a Texas Ratio of 17.28%.

Return on Equity
The Grant County Bank U.S. Bank Average
5.3% 9.47%

The Grant County Bank has a Return on Equity of 5.3% versus the BestCashCow average of 9.47%. 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
The Grant County Bank U.S. Bank Average
12.81% 12.49%

The Grant County Bank has a Capitalization of 12.81% versus the BestCashCow average of 12.49. 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.

The Grant County Bank Balance Sheet Analysis

As of March 31, 2019, The Grant County Bank had assets of $259,539,000, loans of $209,297,000, and deposits of $214,370,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.21 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 $0.01 billion
     Total Assets $0.23 billion
LIABILITIES
Total deposits $0.21 billion
      Interest-bearing deposits $0.16 billion
      Deposits held in domestic offices $0.21 billion
      % insured (estimated) 90.68%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.23 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

March 31, 2019
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

Bank Loan Profile?

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

Compared to other banks in West Virginia, The Grant County Bank has a significantly higher percent of Commercial Real Estate 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 39.03
Multifamily
Mortgages
2.81
Credit Card Loans 0.00
Consumer Auto Loans 1.36
Small Business Loans 0.00
Construction and Development Loans 5.96
Commercial Real Estate 34.66
Commercial and Industrial Loans 8.78
Farm Loans 0.27

Frequently Asked Questions About The Grant County Bank

Branches and Savings

Is The Grant County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #11953.

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

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

Is The Grant County Bank a commercial bank?

Yes

Where are The Grant County Bank locations?

See branch locations nearby.

Is The Grant County Bank open on Saturdays?

Is The Grant County Bank open on Sundays?

What time does The Grant County Bank open?

What time does The Grant County Bank close?

Are The Grant County Bank ATMs Open 24/7?

Do The Grant County Bank ATMs accept cash deposits?

Can The Grant County Bank customers use other ATMs?

Do The Grant County Bank branches have notaries?

Will The Grant County Bank notarize my document?

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

Will the The Grant County Bank branch print checks?

Do The Grant County Bank checks expire?

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

Can The Grant County Bank close my account?

Does The Grant County Bank Report to credit bureaus?

Does The Grant County Bank Use Equifax?

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

What is The Grant County Bank's SWIFT code?

Products

Does The Grant County Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The Grant County Bank offer personal loans?

Compare personal loan rates here.

Does The Grant County Bank offer student loans?

Will The Grant County Bank cash a check?

Will The Grant County Bank redeem a savings bond?

Does The Grant County Bank cash savings bonds?

Will The Grant County Bank cash money orders?

Can The Grant County Bank issue a money order?

Does The Grant County Bank do currency exchange?

Background on The Bank

Who owns The Grant County Bank?

How long has The Grant County Bank been around?

Can The Grant County Bank transfer to other banks?

Does The Grant County Bank have quick pay?

Does The Grant County Bank accept rolled coins?

Will The Grant County Bank accept loose change?

Where is The Grant County Bank headquarters?

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