Grand Bank (OK)

Grand Bank (OK) is headquartered in Tulsa and is the 70^th largest bank in the state of Oklahoma. It is also the 3,152^nd largest bank in the nation. It was established in 1975 and as of March of 2012, it had grown to 46 employees at 3 locations. Grand Bank (OK) has a 4-star health rating.

Grand Bank (OK) Checking Account Rates

Grand Bank (OK) Savings Account Rates

Grand Bank (OK) CD Rates

Data for Q1 2012

Institution Statistics Grand Bank FDIC Certificate # 22065 BankRate Report View Year Established 1975 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $197.49 million Loans $143.05 million Deposits $151.52 million Equity Capital $30.40 million Loan Loss Allowance $4.00 million Unbacked Noncurrent Loans $1.55 million Real Estate Owned $2.10 million Historic Data - March 2011 Assets $216.54 million Equity Capital $26.65 million Loan Loss Allowance $3.77 million Unbacked Noncurrent Loans $5.00 million Real Estate Owned $2.14 million Profit Margin - Quarterly Net Interest Margin 4.8% Return on Assets 1.01% Return on Equity 6.69% Interest Income $2.57 million

Institution Health Overall Score: 4 out of 5 Texas Ratio 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 Grand Bank (OK) had $3.65 million in non-current loans and owned real-estate with $34.4 million in equity and loan loss allowances on hand to cover it. This gives Grand Bank (OK) a Texas Ratio of 10.61% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Grand Bank (OK) decreased significantly from 23.44% as of March 31, 2011 to 10.61% as of March 31, 2012, resulting in a positive change of 54.73%.This indicates that the balance sheet and financial strength for Grand Bank (OK) has improved significantly in recent periods. Deposit Growth In the past year, Grand Bank (OK) has decreased its total deposits by -$13.78 million, resulting in -8.34% 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 (OK) has shown is poor. Capitalization 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 (OK) has $197.49 million in assets with $34.4 million in equity, resulting in a capitalization level of 17.42%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.