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

Grand Bank of Texas - Overview

  • General
  • FDIC Certificate #: 22040
    Status: Active
    Federal Reserve ID: 525352
    Bank Holding Company (Regulatory Top Holder): Casey Bancorp, Inc (RSSDID: 2269351, Location: Grand Prairie, TX)
    Date Established: June 13, 1975
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 3, Interstate: No)
    FDIC's unique #: 15294
    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 13, 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: 2341 South Belt Line Road, Grand Prairie, TX 75051
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $126.1 mil
    Equity capital: $8.9 mil
    Deposits held in domestic offices: $116.9 mil
    Return on assets (ROA): -0.17% (-$0.2 mil)
    Quarterly return on assets: 0.37% ($0.5 mil)
    Return on Equity (ROE): -2.35% (-$0.2 mil)
    Quarterly return on equity: 5.16% ($0.5 mil)
    Net income: -$0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.17% (-$214.4 mil)
    Quarterly Pretax return on assets: 0.37% ($466.6 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
  • 46Total employees (full-time equivalent)
  • $126,111Total assets
  • $13,598Cash and due from depository institutions
  • $10,396Interest-bearing balances
  • $3,860Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $96,221Net loans & leases
  • $1,135Loan loss allowance
  • $0Trading account assets
  • $5,986Bank premises and fixed assets
  • $4,152Other real estate owned
  • $0Goodwill and other intangibles
  • $126,111Life insurance assets
  • $2,294All other assets
  • $117,220Total liabilities and capital
  • $116,902Total liabilities
  • $78,356Total deposits
  • $116,902Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $318Subordinated debt
  • $8,891All other liabilities
  • $8,891Total equity capital
  • $8,891Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $9,400Surplus
  • $-1,109Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,967Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $845Income earned, not collected on loans
  • $95Earning assets
  • $383Long-term assets (5+ years)
  • $110,477Average Assets, year-to-date
  • $21,945Average Assets, quarterly
  • $120,257Volatile liabilities
  • $124,022Insider loans
  • $99,432FHLB advances
  • $126,633Loans and leases held for sale
  • $429Unused loan commitments
  • $429Tier 1 (core) risk-based capital
  • $8,890Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,278Restructured Loans and leases
  • $1,413Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,208Total interest income
  • $774Total interest expense
  • $5,434Net interest income
  • $165Provision for loan and lease losses
  • $901Total noninterest income
  • $0Fiduciary activities
  • $432Service charges on deposit accounts
  • $0Trading account gains & fees
  • $469Additional noninterest income
  • $6,381Total noninterest expense
  • $3,581Salaries and employee benefits
  • $721Premises and equipment expense
  • $2,079Additional noninterest expense
  • -$211Pre-tax net operating income
  • $1Securities gains (losses)
  • $0Applicable income taxes
  • -$210Income before extraordinary items
  • $0Extraordinary gains - net
  • -$210Net income attributable to bank
  • $0Net charge-offs
  • -$210Cash dividends
  • $294Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.90%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 5.16%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 6.06%Noninterest expense to earning assets
  • -0.18%Net operating income to assets
  • -0.17%Return on assets (ROA)
  • -0.17%Pretax return on assets
  • -2.35%Return on equity (ROE)
  • -2.35%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 56.12%Credit loss provision to net charge-offs
  • -0.16%Efficiency ratio
  • 100,726Assets per employee
  • 2.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 134.32%Noncurrent assets plus other real estate owned to assets
  • 3.96%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 82.31%Net loans and leases to core deposits
  • 83.03%Equity capital to assets
  • 7.05%Core capital (leverage) ratio
  • 7.02%Tier 1 risk-based capital ratio
  • 8.94%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $120,257Average earning assets
  • $8,932Average equity
  • $105,244Average loans

List of branches

  • 5 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015294Grand Bank Of Texas2341 South Belt Line Road, Grand Prairie, TX 75051June 13, 1975Full Service Brick and Mortar
    1334293Carrier Parkway Branch530 S. Carrier Parkway, Grand Prairie, TX 75051August 16, 1999Full Service Brick and Mortar
    3453829Dallas Beckley Branch305 E. Colorado Blvd., Dallas, TX 75203March 01, 2006Full Service Brick and Mortar
    4529865Marble Falls Branch1800 Mormon Mill Road, Marble Falls, TX 78654March 21, 2012Full Service Brick and Mortar
    5529866Horseshoe Bay Branch8000 W Fm 2147, Horseshoe Bay, TX 78657March 21, 2012Full Service Brick and Mortar

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