Garden City Bank

Garden City Bank Locations
D And 3rd Streets
Garden City, MO 64747
www.gardencitybank.com

Garden City Bank is headquartered in Garden City and is the 233rd largest bank in the state of Missouri. It is also the 5,494th largest bank in the nation. It was established in 1928 and as of March of 2012, it had grown to 23 employees at 2 locations. Garden City Bank has a 3-star health rating.

Garden City Bank Routing Number: 101219473

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5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City). - 8/27/2007

Update 9/22/07: CD rates have gone down. Please check bank's website for latest rates.Garden City Bank continues to offer very competitive rates on its long term certificates of deposit. The high rates include a 5.90% APY for a 72-month CD and a 5.64%...

5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City) - 5/26/2007

Garden City Bank continues to offer very competitive rates on its long term certificates of deposit. The high rates include a 5.90% APY for a 72-month CD and a 5.64% APY for a 60-month CD. The minimum deposit is $100. They're also advertising a special...


Data for Q1 2012


Institution Statistics


Lead Bank
FDIC Certificate #8283
BankRate ReportView
Year Established1928
Employees23
Primary RegulatorFDIC

Assets and Liabilities

Assets$79.55 million
Loans$46.60 million
Deposits$69.63 million
Equity Capital$7.07 million
Loan Loss Allowance$1.33 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$816,000

Historic Data - March 2011

Assets$85.51 million
Equity Capital$7.11 million
Loan Loss Allowance$2.11 million
Unbacked Noncurrent Loans$4.00 million
Real Estate Owned$4.54 million

Profit Margin - Quarterly

Net Interest Margin3.28%
Return on Assets-2.83%
Return on Equity-32.61%
Interest Income$993,000

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Garden City Bank had $1.84 million in non-current loans and owned real-estate with $8.39 million in equity and loan loss allowances on hand to cover it. This gives Garden City Bank a Texas Ratio of 21.87% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Garden City Bank decreased significantly from 92.60% as of March 31, 2011 to 21.87% as of March 31, 2012, resulting in a positive change of 76.39%.This indicates that the balance sheet and financial strength for Garden City Bank has improved significantly in recent periods.
Deposit Growth1
In the past year, Garden City Bank has decreased its total deposits by -$5.84 million, resulting in -7.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Garden City Bank has shown is poor.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Garden City Bank has $79.55 million in assets with $8.39 million in equity, resulting in a capitalization level of 10.55%, which is above average.
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