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Overview / Commentary
802 West Lumsden Road
Brandon, FL 33511

Platinum Bank (FL) is headquartered in Brandon and is the 38th largest bank in the state of Florida. It is also the 1,225th largest bank in the nation. It was established in 1997 and as of June of 2016, it had grown to 101 employees at 7 locations. Platinum Bank (FL) has an A health rating.

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Health Grade Components

FDIC Certificate #34620
Year Established1997
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD11.53%
Annual Interest Income$11.7MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$574.0MM$545.5MM
LoansQ2 2016vs Q2 2015$432.2MM$422.5MM
DepositsQ2 2016vs Q2 2015$488.8MM$453.0MM
Equity CapitalQ2 2016vs Q2 2015$51.3MM$54.1MM
Loan Loss AllowanceQ2 2016vs Q2 2015$5.0MM$4.9MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$1.7MM$1.3MM
Real Estate OwnedQ2 2016vs Q2 2015$1.3MM$2.8MM

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Platinum Bank (FL) Locations
Winter Haven Branch1285 1st Street SwWinter Haven, FL 33881
Plant City Branch1804 James L. Redmon ParkwayPlant City, FL 33566
Tampa Office Branch408 S Macdill AvenueTampa, FL 33609
Lakeland Branch5404 S Florida AvenueLakeland, FL 33813
Downtown Lakeland Branch724 South Florida AvenueLakeland, FL 33801
Platinum Bank802 West Lumsden RoadBrandon, FL 33511
Dunedin Branch Office2100 Main StreetDunedin, FL 34698