Bank of Gravett in city_name, state_name - Detailed Financial Reports, Location

Bank of Gravett in Gravette, Arkansas (AR)
Show street view No street view available for this location

Bank of Gravett routing number info

Other nearby banks
Decatur State Bank
Southern Bancorp Bank of Trumann
Parkway Bank
Pinnacle Bank
Simmons First Bank of Northwest Arkansas
Legacy National Bank

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
WWW: http://www.bankofgravett.net
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

No	ID	Name	Address	Established	Service Type
0	3841	Bank Of Gravett	211 Main St Se, Gravette, AR 72736	March 01, 1898	Full Service Brick and Mortar
1	207937	Motor Branch	303 East Atlanta, Gravette, AR 72736	Febuary 12, 1996	Limited Service Facility
2	207938	Hiwasse-Bellavista Branch	13540 W Highway 72, Hiwasse, AR 72739	June 22, 1998	Full Service Brick and Mortar
3	419595	Centerton Branch	192 East Centerton Boulevard, Centerton, AR 72719	July 02, 2003	Full Service Brick and Mortar

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

Bank of Gravett - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

Bank of Gravett - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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