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

Paradise Bank is headquartered in Boca Raton and is the 66th largest bank in the state of Florida. It is also the 2,106th largest bank in the nation. It was established in 2005 and as of September of 2018, it had grown to 51 employees at 3 locations. Paradise Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #58030
Year Established2005
Employees51
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.08%
Return on Equity - YTD19.86%
Annual Interest Income$11.2MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$310.8MM$316.4MM
LoansQ3 2018vs Q3 2017$218.9MM$221.4MM
DepositsQ3 2018vs Q3 2017$270.1MM$272.9MM
Equity CapitalQ3 2018vs Q3 2017$33.0MM$35.8MM
Loan Loss AllowanceQ3 2018vs Q3 2017$2.1MM$2.2MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$1.8MM$376.00K
Real Estate OwnedQ3 2018vs Q3 2017$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

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