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Terrabank


Overview / Commentary
www.terrabank.com
305-441-0817
3191 Coral Way
Miami, FL 33145

Terrabank is headquartered in Miami and is the 45th largest bank in the state of Florida. It is also the 1,483rd largest bank in the nation. It was established in 1985 and as of March of 2021, it had grown to 96 employees at 3 locations. Terrabank has an A health rating.

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Health
A

Data as of Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #26442
Year Established1985
Employees96
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD4.12%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$594.2MM$479.1MM
LoansQ1 2021vs Q1 2020$289.0MM$282.8MM
DepositsQ1 2021vs Q1 2020$551.0MM$434.4MM
Equity CapitalQ1 2021vs Q1 2020$42.1MM$42.0MM
Loan Loss AllowanceQ1 2021vs Q1 2020$3.5MM$3.3MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$312.00K$282.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates

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Locations


Terrabank Locations
University Center Branch1615 S.W. 107th AvenueMiami, FL 33165
Terrabank, National Association3191 Coral WayMiami, FL 33145
Hialeah Branch637 W 49 Th StreetHialeah, FL 33012

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