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  2. Legacy Bank of Florida

Legacy Bank of Florida


Overview / Commentary
www.legacybankfl.com
561-544-8400
2300 Glades Road, Suite 120/140 West
Boca Raton, FL 33431

Legacy Bank of Florida is headquartered in Boca Raton and is the 44th largest bank in the state of Florida. It is also the 1,482nd largest bank in the nation. It was established in 2006 and as of March of 2021, it had grown to 57 employees at 5 locations. Legacy Bank of Florida has an A health rating.

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Health
A

Data as of Q1 2021

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Health Grade Components

Overall
FDIC Certificate #58247
Year Established2006
Employees57
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.52%
Return on Equity - YTD14.85%
Annual Interest Income$5.9MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$594.9MM$463.0MM
LoansQ1 2021vs Q1 2020$488.5MM$423.2MM
DepositsQ1 2021vs Q1 2020$501.5MM$357.1MM
Equity CapitalQ1 2021vs Q1 2020$58.2MM$52.8MM
Loan Loss AllowanceQ1 2021vs Q1 2020$3.4MM$2.6MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$935.00K$935.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates

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Locations


Legacy Bank of Florida Locations
Fort Lauderdale Branch12 Se 7th StreetFort Lauderdale, FL 33301
West Palm Beach Branch2090 Palm Beach Lakes BoulevardWest Palm Beach, FL 33409
Legacy Bank Of Florida2300 Glades Road, Suite 120/140 WestBoca Raton, FL 33431
Delray Beach Branch50 Ne 5th AvenueDelray Beach, FL 33483
Pompano Beach Branch6825 North Powerline RoadFort Lauderdale, FL 33309

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