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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 2,047th largest bank in the nation. It was established in 2005 and as of March of 2017, it had grown to 49 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
Employees49
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.77%
Return on Equity - YTD16.72%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$329.4MM$309.5MM
LoansQ1 2017vs Q1 2016$223.7MM$228.1MM
DepositsQ1 2017vs Q1 2016$287.8MM$267.5MM
Equity CapitalQ1 2017vs Q1 2016$34.9MM$35.2MM
Loan Loss AllowanceQ1 2017vs Q1 2016$2.2MM$2.4MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$782.00K$287.00K
Real Estate OwnedQ1 2017vs Q1 2016$287.00K$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