Bradesco BAC Florida Bank

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


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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

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

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

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.

*Should any logos, images or public notes appear on this page,they do so courtesy of Bradesco BAC Florida Bank and are not subject to approval of expressly disclaims all responsibility for this content.