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1125 East Bay Drive
Largo, FL 33770

USAmeriBank is headquartered in Largo and is the 11st largest bank in the state of Florida. It is also the 263rd largest bank in the nation. It was established in 2007 and as of March of 2014, it had grown to 507 employees at 28 locations. USAmeriBank has a A health rating.

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Reviews (2)

Don't Use Them For Your Mortgage Needs - Non-Responsive At All Levels

As a bank they do a good job and have been my business bank for a number of years. I referred several of my clients to them for mortgages and they did mortgages for 2 of my clients last month - one paid cash since they never returned their call. The other 2 they did loans but when there were questions or concerns no follow-up or repsonse as promised from Buck Best as the lender, to Qyuen Tran as the Mortgage Processor along with , to the VP Mauro Harto - all said they would call and follow up - NONE did!!!  I am very disappointed at how the mortgage side of the bank is run and operated. I even discussed on several occasions with my banker of 20 years - all I can say is our clients are used to good service and responses not ditch and hide when issues arise. If you need a mortgage on waterfront properties in Pinellas County I recommend Homebanc. 

Positive Review For Usameribank Largo Florida

Their CD rates have been competitive and most times a little better than most. Their customer service is wonderful, efficient and caring. No extra charge for a bank check. Always helpful and polite on the phone. Couldn't ask for a better bank. Also, consistently high Financial Bauer star ratings. Strongly recommend them.


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 USAmeriBank had $27.84 million in non-current loans and owned real-estate with $293.2 million in equity and loan loss allowances on hand to cover it. This gives USAmeriBank a Texas Ratio of 9.50% 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 USAmeriBank decreased slightly from 13.23% as of March 31, 2013 to 9.50% as of March 31, 2014, resulting in a positive change of 28.23%.This indicates that the balance sheet and financial strength for USAmeriBank has improved slightly in recent periods.

Deposit Growth


In the past year, USAmeriBank has increased its total deposits by $259.01 million, resulting in 11.88% 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 USAmeriBank 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. USAmeriBank has $2.96 billion in assets with $293.2 million in equity, resulting in a capitalization level of 9.91%, which is above average.

Institution Statistics

FDIC Certificate #58427
Year Established2007
Primary RegulatorFED
Assets and Liabilities
Assets$2.96 billion
Loans$2.35 billion
Deposits$2.44 billion
Equity Capital$267.29 million
Loan Loss Allowance$25.91 million
Unbacked Noncurrent Loans$13.63 million
Real Estate Owned$14.21 million
Historic Data - March 2013
Assets$2.63 billion
Equity Capital$237.40 million
Loan Loss Allowance$27.78 million
Unbacked Noncurrent Loans$13.63 million
Real Estate Owned$14.02 million
Profit Margin - Quarterly
Net Interest Margin3.66%
Return on Assets0.98%
Return on Equity10.84%
Interest Income$28.65 million

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USAmeriBank has 27 locations. Click to view all USAmeriBank locations.