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Overview / Commentary
561-392-5444
2420 North Federal Highway
Boca Raton, FL 33431

Paradise Bank is headquartered in Boca Raton and is the 73rd largest bank in the state of Florida. It is also the 2,071st largest bank in the nation. It was established in 2005 and as of June of 2017, it had grown to 48 employees at 3 locations. Paradise Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #58030
Year Established2005
Employees48
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.02%
Return on Equity - YTD18.84%
Annual Interest Income$6.6MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$323.3MM$325.7MM
LoansQ2 2017vs Q2 2016$217.1MM$227.2MM
DepositsQ2 2017vs Q2 2016$280.8MM$283.6MM
Equity CapitalQ2 2017vs Q2 2016$35.5MM$35.0MM
Loan Loss AllowanceQ2 2017vs Q2 2016$2.2MM$2.5MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$782.00K$287.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates

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Locations


Paradise Bank Locations
Delray Beach Office Branch1351 N Federal HwyDelray Beach, FL 33483
Paradise Bank2420 N. Federal HwyBoca Raton, FL 33431
Ft Lauderdale Office Branch540 N Federal HwyFort Lauderdale, FL 33301