Grandpoint Bank and its Divisions Earn Tenth Consecutive 5-Star Rating From BauerFinancial

Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, received a tenth consecutive quarterly 5-Star rating for strength, stability and soundness from independent rating and research firm BauerFinancial.

The five star rating, which was based on September 30, 2015 financial data filed with the government, goes only to banks that are considered the strongest in the nation.

According to BauerFinancial, to earn five stars, institutions are required to maintain a tangible capital ratio of at least four percent, a tier 1 risk-based capital ratio of at least four percent and a total risk-based capital ratio of at least eight percent. Other criteria evaluated include: profitability/loss trend, evaluating the level of delinquent loans and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.

BauerFinancial is regarded as “the nation’s bank rating service,” and banks cannot pay to be rated nor opt out of being rated.