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954-342-8686
1991 Stirling Road
Dania Beach, FL 33004

Community Bank of Broward is headquartered in Dania Beach and is the 49th largest bank in the state of Florida. It is also the 1,369th largest bank in the nation. It was established in 2002 and as of March of 2014, it had grown to 86 employees at 10 locations. Community Bank of Broward has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

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 Community Bank of Broward had $9.3 million in non-current loans and owned real-estate with $49.46 million in equity and loan loss allowances on hand to cover it. This gives Community Bank of Broward a Texas Ratio of 18.79% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Community Bank of Broward decreased dramatically from 53.70% as of March 31, 2013 to 18.79% as of March 31, 2014, resulting in a positive change of 65.00%.This indicates that the balance sheet and financial strength for Community Bank of Broward has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, Community Bank of Broward has increased its total deposits by $469,000, resulting in 0.11% 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 Community Bank of Broward has shown is above average.

Capitalization

GRADE:
B+

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. Community Bank of Broward has $492.52 million in assets with $49.46 million in equity, resulting in a capitalization level of 10.04%, which is above average.

Institution Statistics

Overall
FDIC Certificate #57300
Year Established2002
Employees86
Primary RegulatorFDIC
Assets and Liabilities
Assets$492.53 million
Loans$402.63 million
Deposits$419.08 million
Equity Capital$43.25 million
Loan Loss Allowance$6.21 million
Unbacked Noncurrent Loans$7.92 million
Real Estate Owned$1.37 million
Historic Data - March 2013
Assets$488.20 million
Equity Capital$41.15 million
Loan Loss Allowance$6.90 million
Unbacked Noncurrent Loans$7.92 million
Real Estate Owned$3.91 million
Profit Margin - Quarterly
Net Interest Margin4.09%
Return on Assets0.74%
Return on Equity8.42%
Interest Income$5.10 million
Rates

Sorry, we do not have rate data for Community Bank of Broward

Locations


Community Bank of Broward Locations
Davie/Cooper City Branch10310 Griffin RoadCooper City, FL 33328
Weston Branch1504 Weston RoadWeston, FL 33326
Community Bank Of Broward1991 Stirling RoadDania Beach, FL 33004
Administrative Office Branch2400 North Commerce ParkwayWeston, FL 33326
Fort Lauderdale Branch2929 East Commercial Blvd.Fort Lauderdale, FL 33308
Coral Springs Branch3111 North University Drive, Suite 101Coral Springs, FL 33065
Hollywood Branch4600 Hollywood BoulevardHollywood, FL 33023
Plantation Branch510 N Pine Island RoadPlantation, FL 33324
Hallandale Beach Branch929 East Hallandale Beach BoulevardHallandale, FL 33009