Overview / Commentary
Ocean Bank is headquartered in MIAMI and is the 8th largest bank in the state of Florida. It is also the 232nd largest bank in the nation. It was established in 1982 and as of June of 2024, it had grown to 680 employees at 23 locations. Ocean Bank has an A health rating.
Related Posts
8/23/11 - Florida's Ocean Bank Hit With Massive Anti-Money Laundering Fine
1/6/09 - 3.55% 7-Month CD & 3.75% 13-Month CD at Ocean Bank in South Florida
12/8/08 - 4.40% 7-Month CD & 4.50% 13-Month CD at Ocean Bank in South Florida
11/17/08 - Money Market Account and CD Specials at Ocean Bank in Florida
10/14/08 - 4.75% 13-Month CD at Ocean Bank in South Florida
6/13/08 - 4.01% 10-Month CD at a South Florida Bank (Ocean)
4/2/07 - 5.65% 11-Month CD at a South Florida Bank (Ocean Bank)
12/27/05 - 5.10% 13-Month CD at a South Florida Bank
1/6/09 - 3.55% 7-Month CD & 3.75% 13-Month CD at Ocean Bank in South Florida
12/8/08 - 4.40% 7-Month CD & 4.50% 13-Month CD at Ocean Bank in South Florida
11/17/08 - Money Market Account and CD Specials at Ocean Bank in Florida
10/14/08 - 4.75% 13-Month CD at Ocean Bank in South Florida
6/13/08 - 4.01% 10-Month CD at a South Florida Bank (Ocean)
4/2/07 - 5.65% 11-Month CD at a South Florida Bank (Ocean Bank)
12/27/05 - 5.10% 13-Month CD at a South Florida Bank
Reviews (1)
Commercial Deal
Posted by: Duriel3 | Mar 4, 2022
As a real estate professional in the FL market, its refreshing to work with a lender that is proactive with potential obstacles during a real estate transaction. I worked directly with Ryan Welsch from the Fort Lauderdale location. The entire team at Ocean Bank were extremely helpful, accessible and knowledgable during the process. I WILL refer my future clients to this lender, both commercial and residential.
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 24156 |
| Year Established | 1982 |
| Employees | 680 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 9.89% |
| Annual Interest Income | $180.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $6.37B$6.07B |
| Loans | Q2 2024vs Q2 2023 | $5.21B$4.85B |
| Deposits | Q2 2024vs Q2 2023 | $5.56B$5.13B |
| Equity Capital | Q2 2024vs Q2 2023 | $617.5MM$567.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $73.6MM$69.3MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.6MM$2.4MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $4.8MM$0 |
