Marine Bank & Trust

Overview / Commentary
571 Beachland Boulevard
Vero Beach, FL 32963

Marine Bank & Trust is headquartered in VERO BEACH and is the 40th largest bank in the state of Florida. It is also the 1,415th largest bank in the nation. It was established in 1997 and as of September of 2023, it had grown to 71 employees at 5 locations. Marine Bank & Trust has a B+ health rating.


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Health Grade Components

FDIC Certificate #34233
Year Established1997
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD15.64%
Annual Interest Income$20.7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$638.8MM$622.8MM
LoansQ3 2023vs Q3 2022$435.4MM$396MM
DepositsQ3 2023vs Q3 2022$578.8MM$554.6MM
Equity CapitalQ3 2023vs Q3 2022$32.7MM$24.3MM
Loan Loss AllowanceQ3 2023vs Q3 2022$6.4MM$5.2MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.5MM$1.6MM
Real Estate OwnedQ3 2023vs Q3 2022$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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