Grand Bank & Trust of Florida

Grand Bank & Trust of Florida is headquartered in West Palm Beach and is the 72^nd largest bank in the state of Florida. It is also the 2,044^th largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 61 employees at 8 locations. Grand Bank & Trust of Florida has a 1-star health rating.

Grand Bank & Trust of Florida Routing Number: 067014466

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Data for Q1 2012

Institution Statistics Grand Bank & Trust of Florida FDIC Certificate # 34776 BankRate Report View Year Established 1999 Employees 61 Primary Regulator FDIC Assets and Liabilities Assets $318.69 million Loans $207.97 million Deposits $282.69 million Equity Capital $16.26 million Loan Loss Allowance $6.83 million Unbacked Noncurrent Loans $16.19 million Real Estate Owned $6.56 million Historic Data - March 2011 Assets $411.39 million Equity Capital $21.36 million Loan Loss Allowance $8.00 million Unbacked Noncurrent Loans $18.24 million Real Estate Owned $13.23 million Profit Margin - Quarterly Net Interest Margin 3.41% Return on Assets 0.08% Return on Equity 1.53% Interest Income $3.00 million

Institution Health Overall Score: 1 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 & Trust of Florida had $22.75 million in non-current loans and owned real-estate with $23.09 million in equity and loan loss allowances on hand to cover it. This gives Grand Bank & Trust of Florida a Texas Ratio of 98.52% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Grand Bank & Trust of Florida held steady from 107.20% as of March 31, 2011 to 98.52% as of March 31, 2012, resulting in a positive change of 8.09%.This indicates that the balance sheet and financial strength for Grand Bank & Trust of Florida has held steady in recent periods. Deposit Growth In the past year, Grand Bank & Trust of Florida has decreased its total deposits by -$75.8 million, resulting in -21.14% 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 & Trust of Florida 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 & Trust of Florida has $318.69 million in assets with $23.09 million in equity, resulting in a capitalization level of 7.25%, which is below average.

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