Grant County Deposit Bank

Grant County Deposit Bank is headquartered in Williamstown and is the 143^rd largest bank in the state of Kentucky. It is also the 5,157^th largest bank in the nation. It was established in 1882 and as of March of 2012, it had grown to 40 employees at 6 locations. Grant County Deposit Bank has a 3-star health rating.

Grant County Deposit Bank Routing Number: 042103350

Data for Q1 2012

Institution Statistics Grant County Deposit Bank FDIC Certificate # 9311 BankRate Report View Year Established 1882 Employees 40 Primary Regulator FDIC Assets and Liabilities Assets $92.30 million Loans $52.06 million Deposits $76.09 million Equity Capital $9.59 million Loan Loss Allowance $1.44 million Unbacked Noncurrent Loans $4.63 million Real Estate Owned $1.45 million Historic Data - March 2011 Assets $89.57 million Equity Capital $9.70 million Loan Loss Allowance $971,000 Unbacked Noncurrent Loans $2.57 million Real Estate Owned $1.00 million Profit Margin - Quarterly Net Interest Margin 3.98% Return on Assets -0.16% Return on Equity -1.49% Interest Income $892,000

Institution Health Overall Score: 3 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 Grant County Deposit Bank had $6.08 million in non-current loans and owned real-estate with $11.04 million in equity and loan loss allowances on hand to cover it. This gives Grant County Deposit Bank a Texas Ratio of 55.06% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Grant County Deposit Bank increased slightly from 33.43% as of March 31, 2011 to 55.06% as of March 31, 2012, resulting in a negative change of 64.70%. This indicates that the balance sheet and financial strength for Grant County Deposit Bank has declined slightly in recent periods. Deposit Growth In the past year, Grant County Deposit Bank has increased its total deposits by $1.94 million, resulting in 2.61% 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 Grant County Deposit Bank has shown is above average. 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. Grant County Deposit Bank has $92.3 million in assets with $11.04 million in equity, resulting in a capitalization level of 11.96%, which is above average.

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