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1380 N. Courtenay Parkway
Merritt Island, FL 32953

Fidelity Bank of Florida is headquartered in Merritt Island and is the 83rd largest bank in the state of Florida. It is also the 2,401st largest bank in the nation. It was established in 1990 and as of March of 2014, it had grown to 45 employees at 2 locations. Fidelity Bank of Florida has a C+ health rating.

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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 Fidelity Bank of Florida had $13.22 million in non-current loans and owned real-estate with $34.19 million in equity and loan loss allowances on hand to cover it. This gives Fidelity Bank of Florida a Texas Ratio of 38.67% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Fidelity Bank of Florida decreased dramatically from 108.40% as of March 31, 2013 to 38.67% as of March 31, 2014, resulting in a positive change of 64.33%.This indicates that the balance sheet and financial strength for Fidelity Bank of Florida has improved dramatically in recent periods.

Deposit Growth


In the past year, Fidelity Bank of Florida has decreased its total deposits by -$43.89 million, resulting in -18.89% 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 Fidelity Bank of Florida has shown is poor.



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. Fidelity Bank of Florida has $268.09 million in assets with $34.19 million in equity, resulting in a capitalization level of 12.75%, which is excellent.

Institution Statistics

FDIC Certificate #33198
Year Established1990
Primary RegulatorOCC
Assets and Liabilities
Assets$268.09 million
Loans$144.70 million
Deposits$188.50 million
Equity Capital$28.99 million
Loan Loss Allowance$5.21 million
Unbacked Noncurrent Loans$6.02 million
Real Estate Owned$7.20 million
Historic Data - March 2013
Assets$299.60 million
Equity Capital$16.46 million
Loan Loss Allowance$9.81 million
Unbacked Noncurrent Loans$6.02 million
Real Estate Owned$10.44 million
Profit Margin - Quarterly
Net Interest Margin3.7%
Return on Assets0.6%
Return on Equity5.83%
Interest Income$3.51 million

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Fidelity Bank of Florida Savings Account Rates

0.15%$250-Savings Account

Fidelity Bank of Florida Money Market Rates

0.40%$100k-Money Market

Fidelity Bank of Florida Checking Account Rates

0.10%$1k-NOW Checking

Fidelity Bank of Florida CD Rates

1.50%$5k-60 Month CD
1.00%$5k-48 Month CD
0.80%$5k-36 Month CD
0.75%$5k-30 Month CD
0.50%$5k-24 Month CD
0.45%$5k-18 Month CD
0.40%$5k-12 Month CD
0.35%$5k-9 Month CD
0.25%$5k-6 Month CD

Fidelity Bank of Florida IRA Rates

1.50%$4k-60 Month IRA
1.00%$4k-48 Month IRA
0.80%$4k-36 Month IRA
0.75%$4k-30 Month IRA
0.50%$4k-24 Month IRA
0.45%$4k-18 Month IRA
0.40%$4k-12 Month IRA
0.35%$4k-9 Month IRA
0.25%$4k-6 Month IRA

Fidelity Bank of Florida Locations
Fidelity Bank Of Florida, National Association1380 North Courtenay ParkwayMerritt Island, FL 32953
Longwood Branch901 East State Road 434Longwood, FL 32750