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The Bank of Tampa

The Bank of Tampa


Overview / Commentary
www.bankoftampa.com
813-872-1216
601 Bayshore Boulevard
Tampa, FL 33606

The Bank of Tampa is headquartered in TAMPA and is the 15th largest bank in the state of Florida. It is also the 384th largest bank in the nation. It was established in 1973 and as of June of 2023, it had grown to 290 employees at 13 locations. The Bank of Tampa has a B health rating.

Reviews (2)

Best Banking Experience In Tampa!

Posted by: |

I have been a BoT client for almost 20 years and am very pleased with the experience.  Their savings/CD rates are competitive, as are their loan/mortgage rates.  In addition, the staff is courteous, professional, and well-informed.  I have had accounts with other local banks (BofA, Wachovia, SunTrust, and BB&T), but I find that BoT provides the best overall quality of services.  If you're tired of being treated like "just another customer" by your current bank and are looking for an outstanding full-service institution in the Tampa Bay area, visit Bank of Tampa -- you won't regret it.

3

Locally Connected - Personally Committed (If You're Wealthy)

Posted by: |

My business had been a client of The Bank of Tampa since 2009.  During that time frame, we grew, increased our average deposits, paid down debt, and have had an exemplary payment record with all of our creditors.  We've reached out to the bank to help us consolidate debt, obtain more competitive interest rates, and help us improve our working capital to propel us to the next level multiple times.  Each of the times we reached out, the message I heard was simple, "we don't lend unless you don't need the money".

Our relationship manager left the bank back in June 2011, a new one was not assigned.  I reached out to someone who used to work under my prior relationship manager and had recently been promoted.  I was not treated with the respect I felt I deserved and was given the run-around on many items.  Even after eight years in business, The Bank of Tampa considered my company a start-up and the new relationship manager didn't even know how long we'd been in operation.

Ultimately, I took my business elsewhere and the bank retaliated by shutting down our credit card based on financial information from 2009 (without even asking for updated information).

If you are an attorney, physician, wealthy, or any combination thereof, The Bank of Tampa will be personally committed to you.  If you're a growing small business with less than stellar financials but a proven track record of meeting your obligations, do yourself a favor and take your business elsewhere.  The Bank of Tampa is interested in one thing and one thing only, your deposits.

15


Health
B

Data as of Q2 2023

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #21031
Year Established1973
Employees290
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.29%
Return on Equity - YTD19.89%
Annual Interest Income$57.6MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$3.06B$3.25B
LoansQ2 2023vs Q2 2022$1.62B$1.47B
DepositsQ2 2023vs Q2 2022$2.83B$3.01B
Equity CapitalQ2 2023vs Q2 2022$204.8MM$192.5MM
Loan Loss AllowanceQ2 2023vs Q2 2022$20.6MM$21.7MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$5.6MM$3.4MM
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates

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Locations

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