Surety Bank

Surety Bank


Overview / Commentary
386-734-1647
990 North Woodland Boulevard
Deland, FL 32720

Surety Bank is headquartered in DELAND and is the 68th largest bank in the state of Florida. It is also the 3,011th largest bank in the nation. It was established in 1926 and as of December of 2023, it had grown to 38 employees at 3 locations. Surety Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #33026
Year Established1926
Employees38
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD3%
Return on Equity - YTD36.59%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$206.2MM$217MM
LoansQ4 2023vs Q4 2022$80.5MM$76.3MM
DepositsQ4 2023vs Q4 2022$187.2MM$189.3MM
Equity CapitalQ4 2023vs Q4 2022$18.7MM$15.4MM
Loan Loss AllowanceQ4 2023vs Q4 2022$1.1MM$977K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$391K$1.1MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates

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Locations


Surety Bank Locations
Surety Bank990 N Woodland BlvdDeland, FL 32720
Lake Mary Branch3001 W. Lake Mary BlvdLake Mary, FL 32746
Pierson Branch106 North Center StreetPierson, FL 32180

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