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407-246-7772
105 East Robinson Street
Orlando, FL 32802

Florida Bank of Commerce is headquartered in Orlando and is the 98th largest bank in the state of Florida. It is also the 2,641st largest bank in the nation. It was established in 2005 and as of December of 2013, it had grown to 52 employees at 6 locations. Florida Bank of Commerce has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Florida Bank of Commerce had $4.67 million in non-current loans and owned real-estate with $29.68 million in equity and loan loss allowances on hand to cover it. This gives Florida Bank of Commerce a Texas Ratio of 15.74% 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 Florida Bank of Commerce decreased dramatically from 31.57% as of December 31, 2012 to 15.74% as of December 31, 2013, resulting in a positive change of 50.15%.This indicates that the balance sheet and financial strength for Florida Bank of Commerce has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Florida Bank of Commerce has increased its total deposits by $12.04 million, resulting in 6.07% 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 Florida Bank of Commerce has shown is excellent.

Capitalization

GRADE:
A+

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. Florida Bank of Commerce has $239.49 million in assets with $29.68 million in equity, resulting in a capitalization level of 12.39%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58081
Year Established2005
Employees52
Primary RegulatorFDIC
Assets and Liabilities
Assets$239.49 million
Loans$174.66 million
Deposits$210.49 million
Equity Capital$26.93 million
Loan Loss Allowance$2.75 million
Unbacked Noncurrent Loans$1.18 million
Real Estate Owned$3.49 million
Historic Data - December 2012
Assets$229.67 million
Equity Capital$26.36 million
Loan Loss Allowance$2.80 million
Unbacked Noncurrent Loans$1.18 million
Real Estate Owned$4.42 million
Profit Margin - Quarterly
Net Interest Margin4.22%
Return on Assets0.49%
Return on Equity4.29%
Interest Income$9.38 million
Rates

Sorry, we do not have rate data for Florida Bank of Commerce

Locations


Florida Bank of Commerce Locations
Florida Bank Of Commerce105 East Robinson StreetOrlando, FL 32802
Kissimmee Branch1126 East Oak StreetKissimmee, FL 34744
Lake Mary Branch1190 Business Center DriveLake Mary, FL 32746
Merritt Island Branch291 North Courtenay ParkwayMerritt Island, FL 32953
Melbourne Branch5770 North Wickham RoadMelbourne, FL 32940
Winter Park Office702 North Orange AvenueWinter Park, FL 32789