Anchor Bank (FL)

Overview / Commentary

www.anchorbank.com

561-383-3170

4500 PGA Blvd
Palm Beach Gardens, FL 33418

Anchor Bank (FL) is headquartered in Palm Beach Garde and is the 72^nd largest bank in the state of Florida. It is also the 2,850^th 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

Data as of Q1 2022

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Health Grade Components

Overall
FDIC Certificate #	57931
Year Established	2005
Employees	38
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.41%
Return on Equity - YTD	4.52%
Annual Interest Income	$1.9MM

Assets and Liabilities
Assets	Q1 2022vs Q1 2021	$239.8MM$169.6MM
Loans	Q1 2022vs Q1 2021	$168.2MM$130.1MM
Deposits	Q1 2022vs Q1 2021	$195.1MM$131.0MM
Equity Capital	Q1 2022vs Q1 2021	$22.2MM$13.8MM
Loan Loss Allowance	Q1 2022vs Q1 2021	$950.00K$972.00K
Unbacked Noncurrent Loans	Q1 2022vs Q1 2021	$1.1MM$203.00K
Real Estate Owned	Q1 2022vs Q1 2021	$0$0

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Anchor Bank (FL) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.50%^*	-	$25k	Kasasa Cash Checking
OTHER TIERS: 0.30% → $25k+

Locations

Anchor Bank (FL) Locations
Anchor Commercial Bank	4500 Pga Blvd	Palm Beach Gardens, FL 33418
Boca Raton Branch	1180 N. Federal Highway	Boca Raton, FL 33432
Hallandale Branch	900 North Federal Highway	Hallandale Beach, FL 33009
Lake Worth Branch	6805 Lake Worth Road	Greenacres, FL 33467
Coral Gables Branch	2100 Ponce De Leon Blvd	Coral Gables, FL 33134

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