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Overview / Commentary
2420 North Federal Highway
Boca Raton, FL 33431

Paradise Bank is headquartered in Boca Raton and is the 72nd largest bank in the state of Florida. It is also the 2,055th largest bank in the nation. It was established in 2005 and as of June of 2016, it had grown to 45 employees at 3 locations. Paradise Bank has an A health rating.

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Health Grade Components

FDIC Certificate #58030
Year Established2005
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.56%
Return on Equity - YTD14.1%
Annual Interest Income$6.3MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$325.7MM$318.7MM
LoansQ2 2016vs Q2 2015$227.2MM$226.0MM
DepositsQ2 2016vs Q2 2015$283.6MM$281.6MM
Equity CapitalQ2 2016vs Q2 2015$35.0MM$34.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$2.5MM$2.7MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$287.00K$0
Real Estate OwnedQ2 2016vs Q2 2015$0$2.0MM

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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