Overview / Commentary
Ocean Bank is headquartered in MIAMI and is the 8th largest bank in the state of Florida. It is also the 227th largest bank in the nation. It was established in 1982 and as of December of 2024, it had grown to 684 employees at 24 locations. Ocean Bank has an A health rating.
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 Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 24156 |
| Year Established | 1982 |
| Employees | 684 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 9.71% |
| Annual Interest Income | $370.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $6.72B$6.44B |
| Loans | Q4 2024vs Q4 2023 | $5.46B$4.96B |
| Deposits | Q4 2024vs Q4 2023 | $5.61B$5.4B |
| Equity Capital | Q4 2024vs Q4 2023 | $634.1MM$589.8MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $76MM$71.8MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $1.9MM$2.9MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $759K$4.9MM |
