Reunion Bank of Florida

Reunion Bank of Florida Locations
1892 East Burleigh Boulevard
Tavares, FL 32778
(352) 508-1030
www.reunionbank.com

FDIC

Reunion Bank of Florida is headquartered in Tavares and is the 126th largest bank in the state of Florida. It is also the 3,215st largest bank in the nation. It was established in 2008 and as of December of 2012, it had grown to 29 employees at 4 locations. Reunion Bank of Florida has a 5-star health rating.

Related Posts

Top Long-Term CD Rates at Reunion Bank in Central Florida - Local Only - 6/14/2011

Reunion Bank of Florida is offering some competitive long-term CD rates. These include a 2.65% APY 5-year CD, a 2.21% APY 4-year CD and a 1.80% APY 3-year CD. Minimum deposit is $1,000, and the early ...

2.75% 5-Year CD At A Reunion Bank Branch In Central Florida (Forum) - 12/13/2010

Reunion Bank in Tavares Florida is offering some competitive long-term CD rates. These rates are not listed on the bank's website. I was told of these rates today (12/13/2010): 2.75% APY 5-year CD 2.31% APY 4-year CD 1.90% APY 3-year CD 1.40% APY 2-year


Data for Q4 2012


Institution Statistics


Reunion Bank of Florida
FDIC Certificate #58815
BankRate ReportView
Year Established2008
Employees29
Primary RegulatorFDIC

Assets and Liabilities

Assets$190.29 million
Loans$133.66 million
Deposits$168.08 million
Equity Capital$22.05 million
Loan Loss Allowance$1.37 million
Unbacked Noncurrent Loans$1.20 million
Real Estate Owned$183,000

Historic Data - December 2011

Assets$167.35 million
Equity Capital$16.26 million
Loan Loss Allowance$1.45 million
Unbacked Noncurrent Loans$460,000

Profit Margin - Quarterly

Net Interest Margin3.71%
Return on Assets0.92%
Return on Equity8.78%
Interest Income$8.09 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 Reunion Bank of Florida had $1.39 million in non-current loans and owned real-estate with $23.42 million in equity and loan loss allowances on hand to cover it. This gives Reunion Bank of Florida a Texas Ratio of 5.92% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Reunion Bank of Florida held steady from 2.60% as of December 31, 2011 to 5.92% as of December 31, 2012, resulting in a negative change of 127.77%. This indicates that the balance sheet and financial strength for Reunion Bank of Florida has held steady in recent periods.
Deposit Growth5
In the past year, Reunion Bank of Florida has increased its total deposits by $17.07 million, resulting in 11.3% 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 Reunion Bank of Florida has shown is excellent.
Capitalization5
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. Reunion Bank of Florida has $190.29 million in assets with $23.42 million in equity, resulting in a capitalization level of 12.31%, which is excellent.
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