Grand Bank in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Grand Bank - Overview

  • General
  • FDIC Certificate #: 57378
    Status: Active
    Federal Reserve ID: 3117431
    Date Established: June 03, 2002
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 362857
    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: Commercial Lending Specialization
    Date of Deposit Insurance: June 03, 2002
    Last Structure Change Effective Date: March 13, 2009
    Last Structure Change Process Date: March 24, 2009
    Last Data Update: March 24, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 16660 Dallas Parkway Suite 1700, Dallas, TX 75248
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $427.8 mil
    Equity capital: $33.8 mil
    Deposits held in domestic offices: $324.4 mil
    Return on assets (ROA): 0.32% ($1.4 mil)
    Quarterly return on assets: 0.25% ($1.1 mil)
    Return on Equity (ROE): 4.15% ($1.4 mil)
    Quarterly return on equity: 3.20% ($1.1 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.32% ($1,369.0 mil)
    Quarterly Pretax return on assets: 0.25% ($1,069.6 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
  • 34Total employees (full-time equivalent)
  • $427,827Total assets
  • $167,117Cash and due from depository institutions
  • $158,827Interest-bearing balances
  • $97,735Securities
  • $214Federal funds sold & reverse repurchase agreements
  • $158,362Net loans & leases
  • $2,700Loan loss allowance
  • $0Trading account assets
  • $932Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $427,827Life insurance assets
  • $3,467All other assets
  • $394,028Total liabilities and capital
  • $324,388Total liabilities
  • $232,932Total deposits
  • $324,388Interest-bearing deposits
  • $60Deposits held in domestic offices
  • 32435.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $36,184Trading liabilities
  • $0Other borrowed funds
  • $1,021Subordinated debt
  • $33,799All other liabilities
  • $33,799Total equity capital
  • $33,799Total bank equity capital
  • $0Perpetual preferred stock
  • $8,528Common stock
  • $12,393Surplus
  • $12,878Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $926Long-term assets (5+ years)
  • $415,138Average Assets, year-to-date
  • $33,791Average Assets, quarterly
  • $425,065Volatile liabilities
  • $431,344Insider loans
  • $171,217FHLB advances
  • $439,166Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $33,337Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $45,705Restructured Loans and leases
  • $939Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,977Total interest income
  • $2,436Total interest expense
  • $7,541Net interest income
  • $0Provision for loan and lease losses
  • $153Total noninterest income
  • $0Fiduciary activities
  • $123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $30Additional noninterest income
  • $6,313Total noninterest expense
  • $4,278Salaries and employee benefits
  • $332Premises and equipment expense
  • $1,703Additional noninterest expense
  • $1,381Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,381Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,381Net income attributable to bank
  • $0Net charge-offs
  • $1,381Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $546Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.42%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 1.83%Net interest margin
  • 0.04%Noninterest income to earning assets
  • 1.53%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 4.15%Return on equity (ROE)
  • 2.51%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 82,051Assets per employee
  • 12.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.54%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 48.82%Net loans and leases to core deposits
  • 49.84%Equity capital to assets
  • 7.90%Core capital (leverage) ratio
  • 7.59%Tier 1 risk-based capital ratio
  • 19.47%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $425,065Average earning assets
  • $33,295Average equity
  • $412,492Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0362857Grand Bank16660 Dallas Parkway Suite 1700, Dallas, TX 75248June 03, 2002Full Service Brick and Mortar
    1418990Sherry Lane Branch6044 Sherry Lane, Dallas, TX 75225April 17, 2003Full Service Brick and Mortar

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