Banks | Bradesco Bank

Bradesco Bank

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Bradesco Bank is an FDIC insured institution headquartered at 3011 Ponce De Leon Boulevard Ph1, Coral Gables, FL 33134.
It was founded in 1973 and has approximately $4 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 9, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 21265
Date Established 1973
Assets $ 4.37 billion
Loans $ 3.39 billion
Deposits $ 3.71 billion
Capital $ 502.59 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 474.00 million
Interest-bearing balances $ 417.01 million
Total securities $ 328.23 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.39 billion
Loan loss allowance $ 33.99 million
Trading account assets $ 29.86 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.33 million
All other assets $ 67.25 million
     Total Assets $ 3.87 billion

LIABILITIES
Total deposits $ 3.71 billion
      Interest-bearing deposits $ 2.85 billion
      Deposits held in domestic offices $ 3.71 billion
      % insured (estimated) 47.85%
Federal funds purchased and repurchase agreements $ 50.00 million
Trading liabilities N.A.
Other borrowed funds $ 49.05 million
Subordinated debt N.A.
All other liabilities $ 12.21 millionn
      Total Liabilities $ 3.87 billion
      Shareholders’ Equity $ 502.59 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 119.18 million
Total Interest Expense $ 67.72 million
Net interest income $ 51.45 million
Provision for loan and lease losses $ 0.69 million
Total non interest income $ 11.08 million
Total non interest expense $ 40.49 million
Pre-tax Net Operating Income $ 15.18 million


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