Bank of Gravett in Gravette, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Gravett - Overview

  • General
  • FDIC Certificate #: 5636
    Status: Active
    Federal Reserve ID: 400945
    Bank Holding Company (Regulatory Top Holder): Gravett Bancshares, Inc. (RSSDID: 3143953, Location: Gravette, AR)
    Date Established: March 01, 1898
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 3841
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 14, 2007
    Last Structure Change Process Date: June 21, 2007
    Last Data Update: June 21, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 Main St Se, Gravette, AR 72736
    County: Benton
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Fayetteville-Springdale-Rogers, AR (#2580)
    Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220)
    CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
  • History of Changes
  • Corrections
    Change in Location
  • Financial Summary
  • Total assets: $141.9 mil
    Equity capital: $16.9 mil
    Deposits held in domestic offices: $123.9 mil
    Return on assets (ROA): 0.46% ($0.7 mil)
    Quarterly return on assets: 1.23% ($1.7 mil)
    Return on Equity (ROE): 3.93% ($0.7 mil)
    Quarterly return on equity: 10.37% ($1.8 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.46% ($652.9 mil)
    Quarterly Pretax return on assets: 1.23% ($1,745.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 48Total employees (full-time equivalent)
  • $141,937Total assets
  • $4,764Cash and due from depository institutions
  • $520Interest-bearing balances
  • $44,878Securities
  • $3,525Federal funds sold & reverse repurchase agreements
  • $76,621Net loans & leases
  • $1,470Loan loss allowance
  • $0Trading account assets
  • $2,934Bank premises and fixed assets
  • $1,829Other real estate owned
  • $0Goodwill and other intangibles
  • $141,937Life insurance assets
  • $7,386All other assets
  • $125,001Total liabilities and capital
  • $123,871Total liabilities
  • $116,933Total deposits
  • $123,871Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,130Subordinated debt
  • $16,936All other liabilities
  • $16,936Total equity capital
  • $16,936Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $900Surplus
  • $15,936Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,448Income earned, not collected on loans
  • $0Earning assets
  • $639Long-term assets (5+ years)
  • $125,544Average Assets, year-to-date
  • $47,126Average Assets, quarterly
  • $143,678Volatile liabilities
  • $142,628Insider loans
  • $82,926FHLB advances
  • $143,439Loans and leases held for sale
  • $5,464Unused loan commitments
  • $4,317Tier 1 (core) risk-based capital
  • $17,425Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,147Total unused commitments
  • $4,614Restructured Loans and leases
  • $170Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,661Total interest income
  • $1,799Total interest expense
  • $4,862Net interest income
  • $354Provision for loan and lease losses
  • $839Total noninterest income
  • $0Fiduciary activities
  • $518Service charges on deposit accounts
  • $0Trading account gains & fees
  • $321Additional noninterest income
  • $4,825Total noninterest expense
  • $2,957Salaries and employee benefits
  • $701Premises and equipment expense
  • $1,167Additional noninterest expense
  • $522Pre-tax net operating income
  • $137Securities gains (losses)
  • $0Applicable income taxes
  • $659Income before extraordinary items
  • $0Extraordinary gains - net
  • $659Net income attributable to bank
  • $0Net charge-offs
  • $659Cash dividends
  • $1,605Sale, conversion, retirement of capital stock, net
  • $240Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.32%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.88%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.85%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.46%Pretax return on assets
  • 3.93%Return on equity (ROE)
  • 2.50%Retained earnings to average equity (YTD only)
  • 1.96%Net charge-offs to loans
  • 22.06%Credit loss provision to net charge-offs
  • 0.55%Efficiency ratio
  • 84,634Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.42%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 60.05%Noncurrent assets plus other real estate owned to assets
  • 3.01%Noncurrent loans to loans
  • 3.13%Net loans and leases to deposits
  • 61.86%Net loans and leases to core deposits
  • 67.95%Equity capital to assets
  • 11.93%Core capital (leverage) ratio
  • 12.15%Tier 1 risk-based capital ratio
  • 21.01%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $143,678Average earning assets
  • $16,784Average equity
  • $125,286Average loans

List of branches

  • 4 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03841Bank Of Gravett211 Main St Se, Gravette, AR 72736March 01, 1898Full Service Brick and Mortar
    1207937Motor Branch303 East Atlanta, Gravette, AR 72736Febuary 12, 1996Limited Service Facility
    2207938Hiwasse-Bellavista Branch13540 W Highway 72, Hiwasse, AR 72739June 22, 1998Full Service Brick and Mortar
    3419595Centerton Branch192 East Centerton Boulevard, Centerton, AR 72719July 02, 2003Full Service Brick and Mortar

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