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3191 Coral Way
Miami, FL 33145

Terrabank is headquartered in Miami and is the 81st largest bank in the state of Florida. It is also the 2,337th largest bank in the nation. It was established in 1985 and as of March of 2014, it had grown to 75 employees at 3 locations. Terrabank has a A+ 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 Terrabank had $2.03 million in non-current loans and owned real-estate with $31.24 million in equity and loan loss allowances on hand to cover it. This gives Terrabank a Texas Ratio of 6.50% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Terrabank decreased dramatically from 24.23% as of March 31, 2013 to 6.50% as of March 31, 2014, resulting in a positive change of 73.17%.This indicates that the balance sheet and financial strength for Terrabank has improved dramatically in recent periods.

Deposit Growth


In the past year, Terrabank has increased its total deposits by $9.47 million, resulting in 4.08% 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 Terrabank has shown is excellent.



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. Terrabank has $277.01 million in assets with $31.24 million in equity, resulting in a capitalization level of 11.28%, which is excellent.

Institution Statistics

FDIC Certificate #26442
Year Established1985
Primary RegulatorOCC
Assets and Liabilities
Assets$277.01 million
Loans$183.62 million
Deposits$241.33 million
Equity Capital$28.69 million
Loan Loss Allowance$2.55 million
Unbacked Noncurrent Loans$2.03 million
Real Estate Owned$0
Historic Data - March 2013
Assets$267.01 million
Equity Capital$27.79 million
Loan Loss Allowance$2.49 million
Unbacked Noncurrent Loans$2.03 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.54%
Return on Assets0.32%
Return on Equity3.06%
Interest Income$2.60 million

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Terrabank Locations
University Center Branch1615 S.W. 107th AvenueMiami, FL 33165
Terrabank, National Association3191 Coral WayMiami, FL 33145
Hialeah Branch637 W 49 Th StreetHialeah, FL 33012