The Commercial Bank of Grayson, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Commercial Bank of Grayson began business in early 1891, filling a void as Grayson had no financial institution. On May 1, 1891, the bank’s first available statement of condition showed total assets of $15,882.70.

The original bank was located at what is now 102 West Main Street, Grayson. On April 11, 1892, The Commercial Bank moved to what is now 106 E. Main Street, Grayson and remained at that location for 89 years. On November 23, 1981 the bank’s Main Office moved to 208 E. Main Street Grayson.

The Commercial Bank’s first branch opened on January 5, 1976 at 109 N. Carol Malone Boulevard, Grayson. On December 3, 1987, The Commercial Bank acquired the former Peoples Bank of Olive Hill, thus enabling the bank to better serve the western part of Carter County.

Main Office
208 East Main Street
Grayson, Kentucky
(606) 474-7811
Fax: (606) 474-2100

Olive Hill Office
155 E. Tom T. Hall Blvd.
Olive Hill, Kentucky 41164
(606) 474-7811
Fax: (606) 474-2111

Interchange Branch
109 North Carol Malone Blvd.
Grayson, Kentucky
(606) 474-7811
Fax: (606) 474-2103