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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 68th largest bank in the state of Florida. It is also the 2,052nd largest bank in the nation. It was established in 2005 and as of March of 2018, it had grown to 51 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
Employees51
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.1%
Return on Equity - YTD19.6%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$323.6MM$329.4MM
LoansQ1 2018vs Q1 2017$221.8MM$223.7MM
DepositsQ1 2018vs Q1 2017$282.1MM$287.8MM
Equity CapitalQ1 2018vs Q1 2017$34.5MM$34.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$2.0MM$2.2MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$376.00K$782.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$287.00K
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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