Bradesco BAC Florida Bank

For information concerning BAC Florida, a subsidiary of Bradesco BAC Florida Bank, please see the BAC Florida page here.

Branches

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Bradesco BAC Florida Bank Locations

Deposit Rates - April 20, 2021

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 21265
Date Established 1973
Assets $ 2.21 billion
Loans $ 1,612.47 million
Deposits $ 1,838.09 million
Capital $ 247.06 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 323.49 million
Interest-bearing balances $ 270.06 million
Total securities $ 197.38 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,612.47 million
Loan loss allowance $ 14.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.86 million
Goodwill and other intangibles $ 2.08 million
All other assets $ 68.53 million
     Total Assets $ 1,958.88 million

LIABILITIES
Total deposits $ 1,838.09 million
      Interest-bearing deposits $ 1,362.97 million
      Deposits held in domestic offices $ 1,837.76 million
      % insured (estimated) 44.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 108.39 million
Subordinated debt N.A.
All other liabilities $ 12.41 millionn
      Total Liabilities $ 1,958.88 million
      Shareholders’ Equity $ 247.06 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 78.02 million
Total Interest Expense $ 16.85 million
Net interest income $ 61.17 million
Provision for loan and lease losses $ 2.60 million
Total non interest income $ 10.70 million
Total non interest expense $ 49.37 million
Pre-tax Net Operating Income $ 19.90 million

Bradesco BAC Florida Bank is an FDIC insured institution headquartered at 169 Miracle Mile, Coral Gables, FL 33134.
It was founded in 1973 and has approximately $2 billion in assets. Customers can open an account at one of its 1 branches.


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