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

Paradise Bank is headquartered in Boca Raton and is the 76th largest bank in the state of Florida. It is also the 2,173rd largest bank in the nation. It was established in 2005 and as of September of 2016, it had grown to 46 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 - YTD1.81%
Return on Equity - YTD16.09%
Annual Interest Income$9.7MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$306.1MM$287.5MM
LoansQ3 2016vs Q3 2015$227.3MM$220.3MM
DepositsQ3 2016vs Q3 2015$262.7MM$250.3MM
Equity CapitalQ3 2016vs Q3 2015$35.9MM$34.7MM
Loan Loss AllowanceQ3 2016vs Q3 2015$2.4MM$2.7MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$287.00K$100.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0

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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