Anchor Bank (FL)


Overview / Commentary
561-383-3170
4500 PGA Blvd
Palm Beach Gardens, FL 33418

Anchor Bank (FL) is headquartered in Palm Beach Garde and is the 72nd largest bank in the state of Florida. It is also the 2,850th largest bank in the nation. It was established in 2005 and as of March of 2022, it had grown to 38 employees at 5 locations. Anchor Bank (FL) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #57931
Year Established2005
Employees38
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.41%
Return on Equity - YTD4.52%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$239.8MM$169.6MM
LoansQ1 2022vs Q1 2021$168.2MM$130.1MM
DepositsQ1 2022vs Q1 2021$195.1MM$131.0MM
Equity CapitalQ1 2022vs Q1 2021$22.2MM$13.8MM
Loan Loss AllowanceQ1 2022vs Q1 2021$950.00K$972.00K
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$1.1MM$203.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0
Rates
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Anchor Bank (FL) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$25kKasasa Cash Checking
OTHER TIERS: 0.30% $25k+
Locations


Anchor Bank (FL) Locations
Anchor Commercial Bank4500 Pga BlvdPalm Beach Gardens, FL 33418
Boca Raton Branch1180 N. Federal HighwayBoca Raton, FL 33432
Hallandale Branch900 North Federal HighwayHallandale Beach, FL 33009
Lake Worth Branch6805 Lake Worth RoadGreenacres, FL 33467
Coral Gables Branch2100 Ponce De Leon BlvdCoral Gables, FL 33134

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