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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 42nd largest bank in the state of Florida. It is also the 1,365th largest bank in the nation. It was established in 1985 and as of June of 2022, it had grown to 109 employees at 4 locations. Terrabank has an A health rating.

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Health
A

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #26442
Year Established1985
Employees109
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD6.55%
Annual Interest Income$8.5MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$664.6MM$602.3MM
LoansQ2 2022vs Q2 2021$354.7MM$291.1MM
DepositsQ2 2022vs Q2 2021$620.2MM$557.9MM
Equity CapitalQ2 2022vs Q2 2021$37.7MM$43.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.2MM$3.5MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$435.00K$315.00K
Real Estate OwnedQ2 2022vs Q2 2021$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
Terrabank Na Branch1533 Sunset DriveCoral Gables, FL 33143

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