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

Paradise Bank is headquartered in Boca Raton and is the 75th largest bank in the state of Florida. It is also the 2,124th largest bank in the nation. It was established in 2005 and as of December of 2016, it had grown to 45 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 - YTD1.91%
Return on Equity - YTD17.17%
Annual Interest Income$13.0MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$314.9MM$297.7MM
LoansQ4 2016vs Q4 2015$223.5MM$218.7MM
DepositsQ4 2016vs Q4 2015$275.1MM$257.9MM
Equity CapitalQ4 2016vs Q4 2015$33.3MM$33.3MM
Loan Loss AllowanceQ4 2016vs Q4 2015$2.2MM$2.3MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$376.00K$287.00K
Real Estate OwnedQ4 2016vs Q4 2015$287.00K$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