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Overview / Commentary
850-269-1201
2000 Ninety-Eight Palms Blvd
Destin, FL 32541

First Florida Bank is headquartered in Destin and is the 62nd largest bank in the state of Florida. It is also the 1,810th largest bank in the nation. It was established in 2006 and as of March of 2017, it had grown to 70 employees at 5 locations. First Florida Bank has an A health rating.

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Reviews (1)

First Florida Bank

Posted by: Florgal | Oct 10, 2013

I have been banking with First Florida Bank (previously Destin First Bank) since their inception.  Great bank, great people, that are flexible and work with their account holders to maximize their banking experience.  I have personal and business accounts here and plan on remaining a customer for as long as they will have me.



Health

Health Grade Components

Overall
FDIC Certificate #58370
Year Established2006
Employees70
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD8.15%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$380.6MM$319.3MM
LoansQ1 2017vs Q1 2016$191.5MM$160.8MM
DepositsQ1 2017vs Q1 2016$338.7MM$279.1MM
Equity CapitalQ1 2017vs Q1 2016$41.1MM$34.6MM
Loan Loss AllowanceQ1 2017vs Q1 2016$3.0MM$3.0MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$2.0MM$432.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates

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Locations


First Florida Bank Locations
First Florida Bank2000 Ninety-Eight Palms Blvd.Destin, FL 32541
Mary Esther Boulevard Branch302 Mary Esther BlvdMary Esther, FL 32569
Niceville Branch750 John Sims Pkwy ENiceville, FL 32578
Destin East Branch9461 Emerald Coast ParkwayDestin, FL 32550
Freeport Branch16542 Us Highway 331 SouthFreeport, FL 32439