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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 50th largest bank in the state of Florida. It is also the 1,615th largest bank in the nation. It was established in 1985 and as of September of 2020, it had grown to 96 employees at 3 locations. Terrabank has an A health rating.

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Health
A

Data as of Q3 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #26442
Year Established1985
Employees96
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD3.71%
Annual Interest Income$12.2MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$504.0MM$425.2MM
LoansQ3 2020vs Q3 2019$297.4MM$282.0MM
DepositsQ3 2020vs Q3 2019$459.5MM$384.1MM
Equity CapitalQ3 2020vs Q3 2019$42.9MM$38.9MM
Loan Loss AllowanceQ3 2020vs Q3 2019$3.4MM$3.0MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$301.00K$35.00K
Real Estate OwnedQ3 2020vs Q3 2019$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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