The Commercial Bank Of Grayson Mortgage Rates, Fees & Info

Grayson, KY

LEI: 549300C88V21IBGP5Y54

Tax ID: 61-1051197

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    The Commercial Bank Of Grayson is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    57

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Commercial Bank of Grayson 109 Carol Malone Blvd Grayson, KY 41143 Full Service B&M $24,726
    The Commercial Bank of Grayson 208 East Main Street Grayson, KY 41143 Full Service B&M $79,179
    The Commercial Bank of Grayson Tom T. Hall Boulevard Olive Hill, KY 41164 Full Service B&M $47,608

    For 2018, The Commercial Bank Of Grayson had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,579
    Net interest income $6,311
    Total noninterest income $1,216
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $404
    Trading account gains and fees $0
    Additional Noninterest Income $812
    Pre-tax net operating income $1,761
    Securities gains (or losses, -) $-131
    Income before extraordinary items $1,393
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,393
    Minority interest net income $0
    Net income $1,393
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,504

    The Commercial Bank Of Grayson's gross interest income from loans was $6,579,000.
    The Commercial Bank Of Grayson's net interest income from loans was $6,311,000.
    The Commercial Bank Of Grayson's fee based income from loans was $404,000.
    The Commercial Bank Of Grayson's net income from loans was $1,393,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $268
    Provision for credit losses $0
    Total noninterest expense $5,766
    Salaries and employee benefits $3,199
    Premises and equipment expense $457
    Additional noninterest expense $2,110
    Applicable income taxes $237
    Net charge-offs $32
    Cash dividends $1,195

    The Commercial Bank Of Grayson's interest expense for loans was $268,000.
    The Commercial Bank Of Grayson's payroll and benefits expense were $3,199,000.
    The Commercial Bank Of Grayson's property, plant and equipment expenses $457,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 2.0%
    HELOC loans 0.0%
    All other family 2.0%
    Commercial & industrial loans 0.0%
    Personal loans 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $149,160
    Deposits held in domestic offices $149,160
    Deposits by Individuals, partnerships, and corporations $141,670
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $7,489
    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 $76,204
    Demand deposits $51,366
    Nontransaction accounts $72,955
    Money market deposit accounts (MMDAs) $3,586
    Other savings deposits (excluding MMDAs) $44,055
    Total time deposits $25,314
    Total time and savings deposits $97,793
    Noninterest-bearing deposits $51,366
    Interest-bearing deposits $97,794
    Retail deposits $148,902
    IRAs and Keogh plan accounts $11,526
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $176,009
    Cash & Balances due from depository institutions $12,932
    Interest-bearing balances $6,092
    Total securities $79,365
    Federal funds sold & reverse repurchase $0
    Net loans and leases $78,972
    Loan and leases loss allowance $857
    Trading account assets $0
    Bank premises and fixed assets $2,034
    Other real estate owned $0
    Goodwill and other intangibles $30
    All other assets $2,676

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $176,009
    Total Liabilities $151,467
    Total deposits $149,160
    Interest-bearing deposits $97,794
    Deposits held in domestic offices $149,160
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $1,806
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $501

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $78,972
    Loan and leases loss allowance $857
    Total loans and leases (domestic) $79,829
    All real estate loans $51,903
    Real estate loans in domestic offices $51,903
    Construction and development loans $2,708
    Residential 1-4 family construction $814
    Other construction, all land development and other land $1,894
    Loans secured by nonfarm nonresidential properties $18,934
    Nonfarm nonresidential secured by owner-occupied properties $3,465
    Commercial real estate & other non-farm, non-residential $15,469
    Multifamily residential real estate $1,040
    1-4 family residential loans $28,636
    Farmland loans $585
    Loans held in foreign offices $0
    Farm loans $497
    Commercial and industrial loans $10,977
    To non-U.S. addressees $0
    Loans to individuals $15,739
    Credit card loans $0
    Related Plans $453
    Consumer Auto Loans $7,284
    Other loans to individuals $8,002
    All other loans & leases $713
    Loans to foreign governments and official institutions $0
    Other loans $0
    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

    The Commercial Bank of Grayson had $78,972,000 of loans outstanding in 2018. $51,903,000 of loans were in real estate loans. $2,708,000 of loans were in development loans. $1,040,000 of loans were in multifamily mortgage loans. $28,636,000 of loans were in 1-4 family mortgage loans. $497,000 of loans were in farm loans. $0 of loans were in credit card loans. $7,284,000 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 147 $15,924 $108,327
    Nonfarm, nonresidential loans - <$100k 89 $3,252 $36,539
    Nonfarm, nonresidential loans - $100-250k 34 $4,327 $127,265
    Nonfarm, nonresidential loans - $250k-1MM 24 $8,345 $347,708
    Commercial & Industrial, US addressed loans - <$1MM 179 $8,477 $47,358
    Commercial & Industrial, US addressed loans - <$100k 148 $4,018 $27,149
    Commercial & Industrial, US addressed loans - $100-250k 26 $2,829 $108,808
    Commercial & Industrial, US addressed loans - $250k-1MM 5 $1,630 $326,000
    Farmland loans - <$1MM 16 $585 $36,563
    Farmland loans - <$100k 16 $585 $36,563
    Agriculture operations loans - <$1MM 39 $497 $12,744
    Agriculture operations loans - <$100k 39 $497 $12,744