Grandview Bank Mortgage Rates, Fees & Info

Grandview, TX

LEI: 5493004GBTNTG3N1GE77

Tax ID: 75-0299137

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Grandview Bank is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    51

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Greentree & Associates Conventional home mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Grandview Bank 100 Percifield Trail Alvarado, TX 76009 Limited, Drive-thru $0
    Grandview Bank 105 E. Criner St. Grandview, TX 76050 Full Service B&M $127,358
    Grandview Bank 139 College Park Drive Weatherford, TX 76086 Full Service B&M $16,781
    Grandview Bank 303 Colonial Drive Cleburne, TX 76031 Full Service B&M $198,247

    For 2021, Grandview Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $13,918
    Net interest income $13,172
    Total noninterest income $1,435
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $276
    Trading account gains and fees $0
    Additional Noninterest Income $1,159
    Pre-tax net operating income $6,433
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,172
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,172
    Minority interest net income $0
    Net income $5,172
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,172

    Grandview Bank's gross interest income from loans was $13,918,000.
    Grandview Bank's net interest income from loans was $13,172,000.
    Grandview Bank's fee based income from loans was $276,000.
    Grandview Bank's net income from loans was $5,172,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $746
    Provision for credit losses $775
    Total noninterest expense $7,399
    Salaries and employee benefits $4,437
    Premises and equipment expense $523
    Additional noninterest expense $2,439
    Applicable income taxes $1,261
    Net charge-offs $120
    Cash dividends $0

    Grandview Bank's interest expense for loans was $746,000.
    Grandview Bank's payroll and benefits expense were $4,437,000.
    Grandview Bank's property, plant and equipment expenses $523,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $353,500
    Deposits held in domestic offices $353,500
    Deposits by Individuals, partnerships, and corporations $342,251
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $11,249
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $203,689
    Demand deposits $163,602
    Nontransaction accounts $149,811
    Money market deposit accounts (MMDAs) $71,524
    Other savings deposits (excluding MMDAs) $25,893
    Total time deposits $52,394
    Total time and savings deposits $189,898
    Noninterest-bearing deposits $163,602
    Interest-bearing deposits $189,898
    Retail deposits $336,045
    IRAs and Keogh plan accounts $5,499
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $396,191
    Cash & Balances due from depository institutions $98,583
    Interest-bearing balances $4,674
    Total securities $62,450
    Federal funds sold & reverse repurchase $0
    Net loans and leases $221,010
    Loan and leases loss allowance $3,083
    Trading account assets $0
    Bank premises and fixed assets $7,542
    Other real estate owned $0
    Goodwill and other intangibles $672
    All other assets $5,934

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $396,191
    Total Liabilities $362,396
    Total deposits $353,500
    Interest-bearing deposits $189,898
    Deposits held in domestic offices $353,500
    % insured (estimated) $59
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $8,000
    Subordinated debt $0
    All other liabilities $896

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $221,010
    Loan and leases loss allowance $3,083
    Total loans and leases (domestic) $224,093
    All real estate loans $148,662
    Real estate loans in domestic offices $148,662
    Construction and development loans $38,209
    Residential 1-4 family construction $10,412
    Other construction, all land development and other land $27,797
    Loans secured by nonfarm nonresidential properties $69,727
    Nonfarm nonresidential secured by owner-occupied properties $47,686
    Commercial real estate & other non-farm, non-residential $22,041
    Multifamily residential real estate $0
    1-4 family residential loans $36,264
    Farmland loans $4,462
    Loans held in foreign offices $0
    Farm loans $4,419
    Commercial and industrial loans $52,294
    To non-U.S. addressees $0
    Loans to individuals $18,319
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $7,837
    Other loans to individuals $10,482
    All other loans & leases $399
    Loans to foreign governments and official institutions $0
    Other loans $42
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Grandview Bank had $221,010,000 of loans outstanding in 2021. $148,662,000 of loans were in real estate loans. $38,209,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $36,264,000 of loans were in 1-4 family mortgage loans. $4,419,000 of loans were in farm loans. $0 of loans were in credit card loans. $7,837,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 143 $25,679 $179,573
    Nonfarm, nonresidential loans - <$100k 40 $1,802 $45,050
    Nonfarm, nonresidential loans - $100-250k 56 $7,040 $125,714
    Nonfarm, nonresidential loans - $250k-1MM 47 $16,837 $358,234
    Commercial & Industrial, US addressed loans - <$1MM 359 $16,740 $46,630
    Commercial & Industrial, US addressed loans - <$100k 284 $5,607 $19,743
    Commercial & Industrial, US addressed loans - $100-250k 42 $3,494 $83,190
    Commercial & Industrial, US addressed loans - $250k-1MM 33 $7,639 $231,485
    Farmland loans - <$1MM 26 $3,841 $147,731
    Farmland loans - <$100k 9 $515 $57,222
    Farmland loans - $100-250k 13 $1,938 $149,077
    Farmland loans - $250k-1MM 4 $1,388 $347,000
    Agriculture operations loans - <$1MM 122 $3,662 $30,016
    Agriculture operations loans - <$100k 111 $2,040 $18,378
    Agriculture operations loans - $100-250k 7 $654 $93,429
    Agriculture operations loans - $250k-1MM 4 $968 $242,000