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4301 West Boy Scout Boulevard, Suite 150
Tampa, FL 33607

Bay Cities Bank is headquartered in Tampa and is the 43rd largest bank in the state of Florida. It is also the 1,253rd largest bank in the nation. It was established in 1999 and as of June of 2014, it had grown to 87 employees at 5 locations. Bay Cities Bank's money market rates are 16% higher than the national average, and it has a B+ health rating.

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Reviews (1)

Not Very Accommodating

Stay away from this bank. They promise customer service but deliver like Bank of America. Closing out my accounts.


Data for Q2 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 June 30, 2014 Bay Cities Bank had $12.26 million in non-current loans and owned real-estate with $69.81 million in equity and loan loss allowances on hand to cover it. This gives Bay Cities Bank a Texas Ratio of 17.56% 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 Bay Cities Bank experienced no significant changes from 14.25% as of June 30, 2013 to 17.56% as of June 30, 2014, resulting in a negative change of 23.25%. This indicates that the balance sheet and financial strength for Bay Cities Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Bay Cities Bank has increased its total deposits by $23.44 million, resulting in 5.45% 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 Bay Cities 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. Bay Cities Bank has $536.76 million in assets with $69.81 million in equity, resulting in a capitalization level of 13.01%, which is excellent.

Institution Statistics

FDIC Certificate #35066
Year Established1999
Primary RegulatorFDIC
Assets and Liabilities
Assets$536.76 million
Loans$354.07 million
Deposits$453.46 million
Equity Capital$65.42 million
Loan Loss Allowance$4.39 million
Unbacked Noncurrent Loans$12.17 million
Real Estate Owned$87,000
Historic Data - June 2013
Assets$501.23 million
Equity Capital$61.77 million
Loan Loss Allowance$4.46 million
Unbacked Noncurrent Loans$12.17 million
Real Estate Owned$847,000
Profit Margin - Quarterly
Return on Assets0.86%
Return on Equity7.11%
Interest Income$10.64 million

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Bay Cities Bank Savings Account Rates

0.31%$50k-Premium Savings
0.15%$100-Personal Savings
0.15%--Youth Savings
0.15%$250-Business Savings

Bay Cities Bank Money Market Rates

0.51%$1m-Money Market Account
0.51%$1m-Business Money Market Account

Bay Cities Bank Checking Account Rates

0.10%$1k-Interest Checking
0.10%$1k-Senior Interest Checking
0.10%$1k-Business Interest Checking

Bay Cities Bank CD Rates

1.21%$1k-60 Month CD
1.21%$1k-Business 60 Month CD
1.15%$1k-36 Month CD
1.15%$1k-Business 36 Month CD
1.00%$1k-18 Month CD
1.00%$1k-Business 18 Month CD
0.60%$1k-24 Month CD
0.60%$1k-30 Month CD
0.60%$1k-Business 24 Month CD
0.60%$1k-Business 30 Month CD
0.40%$1k-12 Month CD
0.40%$1k-15 Month CD
0.40%$1k-Business 12 Month CD
0.40%$1k-Business 15 Month CD
0.20%$1k-180 Day CD
0.20%$1k-Business 180 Day CD
0.15%$1k-60 Day CD
0.15%$1k-90 Day CD
0.15%$1k-Business 60 Day CD
0.15%$1k-Business 90 Day CD
0.10%$1k-30 Day CD
0.10%$1k-Business 30 Day CD

Bay Cities Bank IRA Rates

1.21%$1k-60 Month IRA
1.15%$1k-36 Month IRA
1.00%$1k-18 Month IRA
0.60%$1k-24 Month IRA
0.60%$1k-30 Month IRA
0.40%$1k-12 Month IRA
0.40%$1k-15 Month IRA
0.20%$1k-180 Day IRA
0.15%$1k-60 Day IRA
0.15%$1k-90 Day IRA
0.10%$1k-30 Day IRA

Bay Cities Bank Locations
Carrollwood Branch14877 North Dale Mabry HighwayTampa, FL 33618
Lutz Branch18315 U.S. Highway 41 NorthLutz, FL 33549
South Tampa Branch3902 Henderson BoulevardTampa, FL 33629
Bay Cities Bank4301 West Boy Scout Boulevard, Suite 150Tampa, FL 33607
4th Street Office4845 4th Street NorthSaint Petersburg, FL 33703