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169 Miracle Mile, Suite R10
Coral Gables, FL 33134

BAC Florida Bank is headquartered in Coral Gables and is the 19st largest bank in the state of Florida. It is also the 469th largest bank in the nation. It was established in 1973 and as of March of 2014, it had grown to 154 employees at 1 location. BAC Florida Bank's CD rates are 23% higher than the national average, and it has a B+ health rating.

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Top Internet Jumbo CD Rates at BAC Florida Bank - 5/22/2014

BAC Florida Bank is now offering several internet accounts, and the internet CDs have very competitive rates. The two best deals are a Jumbo 1-year CD with a 1.11% APY and a Jumbo 18-month CD with a 1 ...

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 BAC Florida Bank had $22.93 million in non-current loans and owned real-estate with $141.06 million in equity and loan loss allowances on hand to cover it. This gives BAC Florida Bank a Texas Ratio of 16.26% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for BAC Florida Bank decreased slightly from 21.59% as of March 31, 2013 to 16.26% as of March 31, 2014, resulting in a positive change of 24.70%.This indicates that the balance sheet and financial strength for BAC Florida Bank has improved slightly in recent periods.

Deposit Growth


In the past year, BAC Florida Bank has increased its total deposits by $152.59 million, resulting in 15.69% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth BAC Florida Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. BAC Florida Bank has $1.46 billion in assets with $141.06 million in equity, resulting in a capitalization level of 9.69%, which is above average.

Institution Statistics

FDIC Certificate #21265
Year Established1973
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.46 billion
Loans$1.12 billion
Deposits$1.12 billion
Equity Capital$124.50 million
Loan Loss Allowance$16.56 million
Unbacked Noncurrent Loans$19.15 million
Real Estate Owned$3.79 million
Historic Data - March 2013
Assets$1.31 billion
Equity Capital$116.96 million
Loan Loss Allowance$17.82 million
Unbacked Noncurrent Loans$19.15 million
Real Estate Owned$1.82 million
Profit Margin - Quarterly
Net Interest Margin2.76%
Return on Assets0.62%
Return on Equity7.26%
Interest Income$12.32 million

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BAC Florida Bank Savings Account Rates

0.25%--BAC Internet Savings

BAC Florida Bank Money Market Rates

0.45%$100k-BAC Internet Money Market

BAC Florida Bank Checking Account Rates

0.25%$100k-BAC Internet Interest Checking

BAC Florida Bank CD Rates

1.36%$100k-BAC Internet Time Deposit 36 Month Jumbo
1.30%$500-BAC Internet Time Deposit 36 Months
1.26%$100k-BAC Internet Time Deposit 24 Month Jumbo
1.16%$100k-BAC Internet Time Deposit 18 Month Jumbo
1.15%$500-BAC Internet Time Deposit 24 Months
1.11%$100k-BAC Internet Time Deposit 12 Month Jumbo
1.06%$500-BAC Internet Time Deposit 12 Months
1.06%$500-BAC Internet Time Deposit 18 Months
0.75%$100k-BAC Internet Time Deposit 6 Month Jumbo
0.70%$500-BAC Internet Time Deposit 6 Months

BAC Florida Bank Locations
Bac Florida Bank169 Miracle Mile, Suite R10Coral Gables, FL 33134