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1801 Forest Hill Boulevard
West Palm Beach, FL 33406

Flagler Bank is headquartered in West Palm Beach and is the 136th largest bank in the state of Florida. It is also the 3,499th largest bank in the nation. It was established in 2000 and as of June of 2014, it had grown to 21 employees at 2 locations. Flagler Bank's savings rates are 63% higher than the national average, and it has a C+ health rating.

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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 Flagler Bank had $9.46 million in non-current loans and owned real-estate with $17.3 million in equity and loan loss allowances on hand to cover it. This gives Flagler Bank a Texas Ratio of 54.69% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Flagler Bank decreased slightly from 74.87% as of June 30, 2013 to 54.69% as of June 30, 2014, resulting in a positive change of 26.96%.This indicates that the balance sheet and financial strength for Flagler Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Flagler Bank has increased its total deposits by $3.47 million, resulting in 2.53% 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 Flagler Bank has shown is above average.



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. Flagler Bank has $163.94 million in assets with $17.3 million in equity, resulting in a capitalization level of 10.55%, which is above average.

Institution Statistics

FDIC Certificate #35218
Year Established2000
Primary RegulatorFED
Assets and Liabilities
Assets$163.94 million
Loans$95.53 million
Deposits$140.32 million
Equity Capital$15.35 million
Loan Loss Allowance$1.95 million
Unbacked Noncurrent Loans$4.09 million
Real Estate Owned$5.37 million
Historic Data - June 2013
Assets$150.76 million
Equity Capital$13.69 million
Loan Loss Allowance$2.14 million
Unbacked Noncurrent Loans$4.09 million
Real Estate Owned$4.78 million
Profit Margin - Quarterly
Return on Assets1.67%
Return on Equity18.21%
Interest Income$3.51 million

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Flagler Bank Savings Account Rates

0.85%$25k-Business Select Savings
0.25%$100-Business Savings
0.25%$100-Personal Savings

Flagler Bank Money Market Rates

0.70%$100k-Business Money Market
0.70%$100k-Personal Money Market

Flagler Bank Checking Account Rates

0.30%$50k-Business Now Checking
0.25%$1k-Personal Now Checking

Flagler Bank CD Rates

1.25%$500-60 Month CD
1.25%$500-Business 60 Month CD
1.20%$500-48 Month CD
1.20%$500-Business 48 Month CD
1.15%$500-36 Month CD
1.15%$500-Business 36 Month CD
1.10%$500-30 Month CD
1.10%$500-Business 30 Month CD
1.00%$500-24 Month CD
1.00%$500-Business 24 Month CD
0.85%$500-18 Month CD
0.85%$500-Business 18 Month CD
0.75%$500-12 Month CD
0.75%$500-Business 12 Month CD
0.45%$500-6 Month CD
0.45%$500-Business 6 Month CD
0.25%$500-7 - 31 Day CD
0.25%$500-32 - 90 Day CD
0.25%$500-91 Day CD
0.25%$500-Business 7 - 31 Day CD
0.25%$500-Business 32 - 90 Day CD
0.25%$500-Business 91 Day CD

Flagler Bank IRA Rates

1.25%$500-60 Month IRA
1.20%$500-48 Month IRA
1.15%$500-36 Month IRA
1.00%$500-24 Month IRA
0.75%$500-12 Month IRA

Flagler Bank Locations
Flagler Bank1801 Forest Hill BoulevardWest Palm Beach, FL 33406
North Palm Beach Branch555 Northlake BlvdNorth Palm Beach, FL 33408