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Overview 2022
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 21265
Date Established
1973
Assets
$ 2.63 billion
Loans
$ 1,918.57 million
Deposits
$ 2.26 billion
Capital
$ 260.84 million
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 236.78 million
Interest-bearing balances
$ 225.57 million
Total securities
$ 408.32 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 1,918.57 million
Loan loss allowance
$ 16.93 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 0.08 million
Goodwill and other intangibles
$ 1.45 million
All other assets
$ 63.80 million
Total Assets
$ 2.37 billion
LIABILITIES
Total deposits
$ 2.26 billion
Interest-bearing deposits
$ 1,529.14 million
Deposits held in domestic offices
$ 2.26 billion
% insured (estimated)
49.92%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 91.80 million
Subordinated debt
N.A.
All other liabilities
$ 15.03 millionn
Total Liabilities
$ 2.37 billion
Shareholders’ Equity
$ 260.84 million
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 69.58 million
Total Interest Expense
$ 6.92 million
Net interest income
$ 62.66 million
Provision for loan and lease losses
$ 2.38 million
Total non interest income
$ 12.15 million
Total non interest expense
$ 55.63 million
Pre-tax Net Operating Income
$ 16.80 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 $3 billion in
assets. Customers can open an account at one of its 1 branches.
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Bradesco BAC Florida Bank and are not subject to approval of RatesAndInfo.com.
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