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Overview / Commentary
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 2,120th largest bank in the nation. It was established in 2005 and as of September of 2017, it had grown to 49 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 - YTD2.24%
Return on Equity - YTD20.59%
Annual Interest Income$10.1MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$316.4MM$306.1MM
LoansQ3 2017vs Q3 2016$221.4MM$227.3MM
DepositsQ3 2017vs Q3 2016$272.9MM$262.7MM
Equity CapitalQ3 2017vs Q3 2016$35.8MM$35.9MM
Loan Loss AllowanceQ3 2017vs Q3 2016$2.2MM$2.4MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$376.00K$287.00K
Real Estate OwnedQ3 2017vs Q3 2016$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