Grayson National Bank

Grayson National Bank is headquartered in Independence and is the 57^th largest bank in the state of Virginia. It is also the 1,911^st largest bank in the nation. It was established in 1900 and as of March of 2012, it had grown to 121 employees at 10 locations. Grayson National Bank has a 2-star health rating.

Grayson National Bank Routing Number: 051403766

Data for Q1 2012

Institution Statistics Grayson National Bank FDIC Certificate # 6861 BankRate Report View Year Established 1900 Employees 121 Primary Regulator OCC Assets and Liabilities Assets $343.77 million Loans $206.75 million Deposits $295.14 million Equity Capital $27.59 million Loan Loss Allowance $5.00 million Unbacked Noncurrent Loans $21.20 million Real Estate Owned $2.82 million Historic Data - March 2011 Assets $366.23 million Equity Capital $29.38 million Loan Loss Allowance $4.89 million Unbacked Noncurrent Loans $14.88 million Real Estate Owned $4.99 million Profit Margin - Quarterly Net Interest Margin 3.17% Return on Assets 0.62% Return on Equity 7.78% Interest Income $3.38 million

Institution Health Overall Score: 2 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 Grayson National Bank had $24.02 million in non-current loans and owned real-estate with $32.6 million in equity and loan loss allowances on hand to cover it. This gives Grayson National Bank a Texas Ratio of 73.70% 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 Grayson National Bank increased slightly from 58.01% as of March 31, 2011 to 73.70% as of March 31, 2012, resulting in a negative change of 27.05%. This indicates that the balance sheet and financial strength for Grayson National Bank has declined slightly in recent periods. Deposit Growth In the past year, Grayson National Bank has decreased its total deposits by -$15.63 million, resulting in -5.03% 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 Grayson National Bank 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. Grayson National Bank has $343.77 million in assets with $32.6 million in equity, resulting in a capitalization level of 9.48%, which is average.

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