First Florida Bank is headquartered in Destin and is the 50th largest bank in the state of Florida. It is also the 1,664th largest bank in the nation. It was established in 2006 and as of March of 2019, it had grown to 75 employees at 6 locations. First Florida Bank has an A health rating.
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.
|FDIC Certificate #||58370|
|Return on Assets - YTD||1.29%|
|Return on Equity - YTD||10.86%|
|Annual Interest Income||$4.8MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$425.6MM$410.3MM|
|Loans||Q1 2019vs Q1 2018||$234.4MM$217.5MM|
|Deposits||Q1 2019vs Q1 2018||$363.8MM$364.1MM|
|Equity Capital||Q1 2019vs Q1 2018||$50.8MM$45.4MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$3.5MM$3.0MM|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$552.00K$789.00K|
|Real Estate Owned||Q1 2019vs Q1 2018||$0$0|
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|First Florida Bank Locations|
|First Florida Bank||2000 Ninety-Eight Palms Blvd.||Destin, FL 32541|
|Mary Esther Boulevard Branch||302 Mary Esther Blvd||Mary Esther, FL 32569|
|Niceville Branch||750 John Sims Pkwy E||Niceville, FL 32578|
|Destin East Branch||9461 Emerald Coast Parkway||Destin, FL 32550|
|Freeport Branch||16542 Us Highway 331 South||Freeport, FL 32439|
|Panama City Branch||701 Harrison Ave||Panama City, FL 32401|