Marine Bank & Trust

Overview / Commentary
571 Beachland Boulevard
Vero Beach, FL 32963

Marine Bank & Trust is headquartered in VERO BEACH and is the 42nd largest bank in the state of Florida. It is also the 1,404th largest bank in the nation. It was established in 1997 and as of March of 2024, it had grown to 70 employees at 5 locations. Marine Bank & Trust has an A health rating.


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Health Grade Components

FDIC Certificate #34233
Year Established1997
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.59%
Return on Equity - YTD9.72%
Annual Interest Income$7.8MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$666.3MM$652.8MM
LoansQ1 2024vs Q1 2023$437.6MM$431MM
DepositsQ1 2024vs Q1 2023$595.2MM$600.6MM
Equity CapitalQ1 2024vs Q1 2023$39.5MM$34.3MM
Loan Loss AllowanceQ1 2024vs Q1 2023$6.7MM$6.1MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$120K$1.5MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0

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Marine Bank & Trust Locations
Pelican Branch1450 US Highway #1Vero Beach, FL 32960
Marine Bank & Trust Company571 Beachland BlvdVero Beach, FL 32963
Sebastian Branch1020 U.S. Highway 1Sebastian, FL 32958
Melbourne Branch3303 Suntree BoulevardMelbourne, FL 32940
Fort Pierce Branch600 U.S. Highway 1Fort Pierce, FL 34950

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