Grand Bank in Tulsa, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Grand Bank - Overview

  • General
  • FDIC Certificate #: 22065
    Status: Active
    Federal Reserve ID: 76854
    Bank Holding Company (Regulatory Top Holder): Grand Capital Corporation (RSSDID: 1065967, Location: Tulsa, OK)
    Date Established: July 21, 1975
    WWW: http://www.grandbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 13633
    FDIC's unique #: 15317
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 21, 1975
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 4200 East Skelly Drive, Tulsa, OK 74135
    County: Tulsa
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
    Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
    Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
    CBSA Metro Statistical Area: Tulsa, OK (#46140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $201.7 mil
    Equity capital: $30.0 mil
    Deposits held in domestic offices: $156.4 mil
    Return on assets (ROA): 0.95% ($1.9 mil)
    Quarterly return on assets: 1.67% ($3.4 mil)
    Return on Equity (ROE): 7.24% ($2.2 mil)
    Quarterly return on equity: 11.58% ($3.5 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.21% ($2,440.7 mil)
    Quarterly Pretax return on assets: 1.85% ($3,731.6 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
  • 44Total employees (full-time equivalent)
  • $201,707Total assets
  • $2,478Cash and due from depository institutions
  • $94Interest-bearing balances
  • $34,718Securities
  • $1,400Federal funds sold & reverse repurchase agreements
  • $149,236Net loans & leases
  • $4,000Loan loss allowance
  • $0Trading account assets
  • $2,562Bank premises and fixed assets
  • $2,274Other real estate owned
  • $1,042Goodwill and other intangibles
  • $201,707Life insurance assets
  • $7,997All other assets
  • $171,723Total liabilities and capital
  • $156,436Total liabilities
  • $135,598Total deposits
  • $156,436Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 1.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,001Trading liabilities
  • $0Other borrowed funds
  • $285Subordinated debt
  • $29,984All other liabilities
  • $29,984Total equity capital
  • $29,984Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $15,522Surplus
  • $13,962Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,552Income earned, not collected on loans
  • $0Earning assets
  • $1,055Long-term assets (5+ years)
  • $185,448Average Assets, year-to-date
  • $63,342Average Assets, quarterly
  • $210,860Volatile liabilities
  • $205,003Insider loans
  • $159,594FHLB advances
  • $205,045Loans and leases held for sale
  • $4,475Unused loan commitments
  • $2,660Tier 1 (core) risk-based capital
  • $27,583Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,815Total unused commitments
  • $14,735Restructured Loans and leases
  • $1,637Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,521Total interest income
  • $1,821Total interest expense
  • $9,700Net interest income
  • $1,044Provision for loan and lease losses
  • $708Total noninterest income
  • $0Fiduciary activities
  • $457Service charges on deposit accounts
  • $0Trading account gains & fees
  • $251Additional noninterest income
  • $6,782Total noninterest expense
  • $3,335Salaries and employee benefits
  • $659Premises and equipment expense
  • $2,788Additional noninterest expense
  • $2,582Pre-tax net operating income
  • -$28Securities gains (losses)
  • $541Applicable income taxes
  • $2,013Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,013Net income attributable to bank
  • $0Net charge-offs
  • $2,013Cash dividends
  • $894Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.94%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 5.00%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.21%Pretax return on assets
  • 7.24%Return on equity (ROE)
  • 7.24%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 116.78%Credit loss provision to net charge-offs
  • 4.06%Efficiency ratio
  • 65,161Assets per employee
  • 4.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 257.73%Noncurrent assets plus other real estate owned to assets
  • 1.90%Noncurrent loans to loans
  • 1.01%Net loans and leases to deposits
  • 95.40%Net loans and leases to core deposits
  • 114.75%Equity capital to assets
  • 14.87%Core capital (leverage) ratio
  • 13.45%Tier 1 risk-based capital ratio
  • 17.28%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $210,860Average earning assets
  • $27,820Average equity
  • $193,912Average loans

List of branches

  • 3 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015317Grand Bank4200 East Skelly Drive, Tulsa, OK 74135July 21, 1975Full Service Brick and Mortar
    1165651700 South Lynn Riggs Branch1700 South Lynn Riggs, Claremore, OK 74017Febuary 09, 1982Full Service Brick and Mortar
    4440187Bixby Branch12345 S. Memorial, Suite 117, Bixby, OK 74008May 09, 2005Full Service Brick and Mortar

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