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 1, 2023

Overview 2023

General Bank Information

FDIC Insured Yes
FDIC Certificate # 21265
Date Established 1973
Assets $ 3.70 billion
Loans $ 2.82 billion
Deposits $ 2.92 billion
Capital $ 471.31 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 506.35 million
Interest-bearing balances $ 392.17 million
Total securities $ 228.61 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.82 billion
Loan loss allowance $ 31.86 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.61 million
All other assets $ 67.25 million
     Total Assets $ 3.22 billion

LIABILITIES
Total deposits $ 2.92 billion
      Interest-bearing deposits $ 2.01 billion
      Deposits held in domestic offices $ 2.92 billion
      % insured (estimated) 50.44%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 49.05 million
Subordinated debt N.A.
All other liabilities $ 12.21 millionn
      Total Liabilities $ 3.22 billion
      Shareholders’ Equity $ 471.31 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 80.40 million
Total Interest Expense $ 40.93 million
Net interest income $ 39.46 million
Provision for loan and lease losses $ 2.29 million
Total non interest income $ 15.83 million
Total non interest expense $ 37.13 million
Pre-tax Net Operating Income $ 15.18 million


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