First Bank of the Palm Beaches


Overview / Commentary
561-847-2700
615 North Dixie Highway
West Palm Beach, FL 33401

First Bank of the Palm Beaches is headquartered in West Palm Beach and is the 81st largest bank in the state of Florida. It is also the 3,038th largest bank in the nation. It was established in 2006 and as of June of 2019, it had grown to 34 employees at 3 locations. First Bank of the Palm Beaches has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #58152
Year Established2006
Employees34
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD6.51%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$183.1MM$165.8MM
LoansQ2 2019vs Q2 2018$144.0MM$134.5MM
DepositsQ2 2019vs Q2 2018$166.4MM$144.3MM
Equity CapitalQ2 2019vs Q2 2018$16.1MM$15.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$1.1MM$973.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$228.00K$264.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates

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Locations


First Bank of the Palm Beaches Locations
First Bank Of The Palm Beaches615 North Dixie HighwayWest Palm Beach, FL 33401
Wellington Plaza12796 Forest Hill BoulevardWellington, FL 33414

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