Surety Bank
Surety Bank
Overview / Commentary
Surety Bank is headquartered in Deland and is the 107th largest bank in the state of Florida. It is also the 4,001st largest bank in the nation. It was established in 1926 and as of March of 2018, it had grown to 33 employees at 3 locations. Surety Bank has an A health rating.
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Health
A
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33026 |
| Year Established | 1926 |
| Employees | 33 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.12% |
| Return on Equity - YTD | 10.39% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $112.9MM$97.3MM |
| Loans | Q1 2018vs Q1 2017 | $61.6MM$47.8MM |
| Deposits | Q1 2018vs Q1 2017 | $96.9MM$85.0MM |
| Equity Capital | Q1 2018vs Q1 2017 | $11.8MM$12.1MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $882.00K$1.2MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $740.00K$209.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Rates
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Locations
| Surety Bank Locations | ||
|---|---|---|
| Mason-Nova Branch | 1011 Mason Avenue | Daytona Beach, FL 32117 |
| Surety Bank | 990 North Woodland Boulevard | Deland, FL 32720 |
| Lake Mary Branch | 3001 W. Lake Mary Blvd | Lake Mary, FL 32746 |