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Overview / Commentary
800-234-3459
One Edinburg Road
Hamilton, NJ 08619

Grand Bank, N.A. is headquartered in Hamilton and is the 81st largest bank in the state of New Jersey. It is also the 3,046th largest bank in the nation. It was established in 2002 and as of December of 2013, it had grown to 43 employees at 2 locations. Grand Bank, N.A.'s money market rates are 59% higher than the national average, and it has a C+ health rating.

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
C

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 December 31, 2013 Grand Bank, N.A. had $7.78 million in non-current loans and owned real-estate with $23.44 million in equity and loan loss allowances on hand to cover it. This gives Grand Bank, N.A. a Texas Ratio of 33.20% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Grand Bank, N.A. decreased dramatically from 47.90% as of December 31, 2012 to 33.20% as of December 31, 2013, resulting in a positive change of 30.68%.This indicates that the balance sheet and financial strength for Grand Bank, N.A. has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, Grand Bank, N.A. has decreased its total deposits by -$33.33 million, resulting in -16.26% 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 Grand Bank, N.A. has shown is poor.

Capitalization

GRADE:
A

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. Grand Bank, N.A. has $200.53 million in assets with $23.44 million in equity, resulting in a capitalization level of 11.69%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57274
Year Established2002
Employees43
Primary RegulatorOCC
Assets and Liabilities
Assets$200.53 million
Loans$146.34 million
Deposits$171.65 million
Equity Capital$19.71 million
Loan Loss Allowance$3.73 million
Unbacked Noncurrent Loans$4.23 million
Real Estate Owned$3.55 million
Historic Data - December 2012
Assets$277.53 million
Equity Capital$22.65 million
Loan Loss Allowance$3.66 million
Unbacked Noncurrent Loans$4.23 million
Real Estate Owned$2.75 million
Profit Margin - Quarterly
Net Interest Margin3.43%
Return on Assets-2.04%
Return on Equity-22.21%
Interest Income$8.77 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Grand Bank, N.A., we are a rate comparison website and can not provide official rates or promotions.

Grand Bank, N.A. Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$250-Statement Savings
0.30%$500-Business Statement Savings
0.25%--Funds Management

Grand Bank, N.A. Money Market Rates

DetailsAPYMINMAXPRODUCT
0.70%$75k-Business Money Market
0.50%$50k-Personal Money Market

Grand Bank, N.A. Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.75%--Reward Checking
0.10%$1k-NOW Checking
0.10%--Reward Checking
0.10%$2,500-Grand Business Checking

Grand Bank, N.A. CD Rates

DetailsAPYMINMAXPRODUCT
1.77%$1k-60 Month CD
1.77%$1k-60 Month Business CD
1.41%$1k-48 Month CD
1.41%$1k-48 Month Business CD
1.21%$1k-36 Month CD
1.21%$1k-36 Month Business CD
1.01%$1k-24 Month CD
1.01%$1k-24 Month Business CD
0.90%$1k-18 Month CD
0.90%$1k-18 Month Business CD
0.85%$1k-12 Month CD
0.85%$1k-12 Month Business CD
0.60%$1k-15 Month CD
0.60%$1k-15 Month Business CD
0.55%$1k-12 Month No Penalty CD
0.55%$1k-12 Month No Penalty Business CD
0.55%$1k-7 Month Business CD
0.55%$1k-7 Month CD
0.55%$1k-8 Month Business CD
0.55%$1k-8 Month CD
0.50%$1k-6 Month CD
0.50%$1k-6 Month Business CD
0.35%$1k-6 Month No Penalty CD
0.35%$1k-6 Month No Penalty Business CD
0.25%$1k-3 Month CD
0.25%$1k-3 Month Business CD

Grand Bank, N.A. IRA Rates

DetailsAPYMINMAXPRODUCT
1.77%$1k-60 Month IRA (Traditional,Roth)
1.41%$1k-48 Month IRA (Traditional,Roth)
1.21%$1k-36 Month IRA (Traditional,Roth)
1.01%$1k-24 Month IRA (Traditional,Roth)
0.90%$1k-18 Month IRA (Traditional,Roth)
0.85%$1k-12 Month IRA (Traditional,Roth)
0.80%$1k-20 Month IRA (Traditional,Roth)
0.60%$1k-15 Month IRA (Traditional,Roth)
0.55%$1k-12 Month No Penalty IRA (Traditional,Roth)
0.55%$1k-7 Month IRA (Traditional,Roth)
0.55%$1k-8 Month IRA (Traditional,Roth)
0.50%$1k-6 Month IRA (Traditional,Roth)
0.35%$1k-6 Month No Penalty IRA (Traditional,Roth)
0.25%$1k-3 Month IRA (Traditional,Roth)
Locations


Grand Bank, N.A. Locations
Hamilton Square Office Branch1905 Route 33, Suite 2Hamilton, NJ 8690
Grand Bank, National AssociationOne Edinburg RoadHamilton, NJ 8619