Surety Bank
Surety Bank
Overview / Commentary
Surety Bank is headquartered in Deland and is the 130th largest bank in the state of Florida. It is also the 4,400th largest bank in the nation. It was established in 1926 and as of March of 2017, it had grown to 30 employees at 2 locations. Surety Bank has an A health rating.
Related Posts
Health
A
Data as of Q1 2017
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Surety Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33026 |
| Year Established | 1926 |
| Employees | 30 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.36% |
| Return on Equity - YTD | 11.13% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $97.3MM$91.7MM |
| Loans | Q1 2017vs Q1 2016 | $47.8MM$49.5MM |
| Deposits | Q1 2017vs Q1 2016 | $85.0MM$78.7MM |
| Equity Capital | Q1 2017vs Q1 2016 | $12.1MM$12.8MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $1.2MM$1.1MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $209.00K$759.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$491.00K |
Rates
Sorry, we do not have rate data for Surety Bank.
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 |