1.5 star ratingAverage User Rating:
1.5 star rating based on 3 reviews.

Grand Bank of Texas

Grand Bank of Texas Locations
2341 S. Belt Line Rd.
Grand Prairie, TX 75051
(972) 264-4811
www.grandbankoftexas.com

FDIC


Grand Bank of Texas is headquartered in Grand Prairie and is the 295th largest bank in the state of Texas. It is also the 3,741st largest bank in the nation. It was established in 1975 and as of December of 2012, it had grown to 49 employees at 5 locations. Grand Bank of Texas has a 4-star health rating.

Grand Bank of Texas Routing Number: 111906624

Related Posts

Grand Bank Reducing Reward Rate To 3.41% (Forum) - 10/14/2010

from an email received today.....   "Important Notice About your Account" The Reward Checking APY will change to 3.41% effective September 24, 2010.

We've Just Opened An Account Here (Forum) - 3/27/2010

We've just opened an account here, and so far, all seems well. The people at the branch were helpful, and the online banking, which works through MS Money, is adquate.

High-Yield Reward Checking Account at Grand Bank of Texas - 8/24/2008

Update 10/25/09: The top rate has fallen to 4.52% APY.Grand Bank of Texas is offering a reward checking account that pays 4.52% APY on balances up to $25,000 (1.01% for above) and refunds ATM fees up to $25 per cycle if the following monthly requirements...


Data for Q4 2012


Institution Statistics


Grand Bank of Texas
FDIC Certificate #22040
BankRate ReportView
Year Established1975
Employees49
Primary RegulatorFDIC

Assets and Liabilities

Assets$154.73 million
Loans$108.66 million
Deposits$138.91 million
Equity Capital$15.24 million
Loan Loss Allowance$1.59 million
Unbacked Noncurrent Loans$1.01 million
Real Estate Owned$2.50 million

Historic Data - December 2011

Assets$125.91 million
Equity Capital$8.69 million
Loan Loss Allowance$1.14 million
Unbacked Noncurrent Loans$547,000
Real Estate Owned$4.15 million

Profit Margin - Quarterly

Net Interest Margin5.21%
Return on Assets-0.04%
Return on Equity-0.44%
Interest Income$7.14 million

Institution Health


Overall Score:
4 out of 5
4
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 December 31, 2012 Grand Bank of Texas had $3.5 million in non-current loans and owned real-estate with $16.82 million in equity and loan loss allowances on hand to cover it. This gives Grand Bank of Texas a Texas Ratio of 20.84% 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 Grand Bank of Texas decreased significantly from 48.80% as of December 31, 2011 to 20.84% as of December 31, 2012, resulting in a positive change of 57.30%.This indicates that the balance sheet and financial strength for Grand Bank of Texas has improved significantly in recent periods.
Deposit Growth5
In the past year, Grand Bank of Texas has increased its total deposits by $22.01 million, resulting in 18.83% 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 of Texas has shown is excellent.
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. Grand Bank of Texas has $154.73 million in assets with $16.82 million in equity, resulting in a capitalization level of 10.87%, which is above average.
Write Review

Online And In Person Service Declining.
2 stars - Courtney - Tuesday, September 6, 2011 - 2:46 PM

I agree with Blake 100%.  I did an accounts transfer on Saturday so that I could order my fiance's wedding ring!  It is going to be hand-made and TIME is of the essence!  I have been unable to pay the artisan, even today as the transfer was supposed to post!  It has yet to and I still can't get HIS WEDDING RING!  I have no clue why it should take THIS LONG to transfer funds between accounts that are BOTH MINE!  Everyone else I know has no problem doing this.  Why do I?  

Furthermore, in the last few years, every time I go in, the staff is incredibly rude.  One woman had me in tears in the Drive-Thru!  I once called to check on my new account and was asked why I got a new checking account.  I don't think that's their business!  How about I just close my account altogether, because it's obvious I'm putting them out!

3

POOR SERVICE
1 stars - Blake - Saturday, June 4, 2011 - 1:06 PM

I have been Banking at Grand Bank since June of 1975. Since Marshal Sutton has left your service to me has

gone downhill. If I go to the Bank and ask for rolls of coins at the commerical drive thru I am told they have none at their station and I need to go inside and get the rolls. If I go inside and ask for rolls the tell me they

that I must go to the drive thru. If you do not want my business just say so!!!!!

Thank you,

Blake Floyd

1606 Capetown Drive

Grand Prairie,TX 75050

blake.floyd@tx.rr.com

3

Poorly Run Institution
1 stars - wesm91229 - Tuesday, March 27, 2012 - 3:15 PM

Where do I start? With their poorly designed web banking site, a staff that does not place customer service first or exorbitant fees that will nickel and dime your account to a zero balance, this bank gets a check by all three points. Moving my money from this bank as of April 2012. 

2