
Bradesco BAC Florida Bank
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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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Overview 2023
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 21265 |
Date Established | 1973 |
Assets | $ 2.95 billion |
Loans | $ 2.17 billion |
Deposits | $ 2.58 billion |
Capital | $ 263.83 million |
Summary Balance Sheet
ASSETS | |
Cash & Balances due from depository institutions | $ 353.37 million |
Interest-bearing balances | $ 251.83 million |
Total securities | $ 354.95 million |
Federal funds sold and reverse repurchase | N.A. |
Net loans and leases | $ 2.17 billion |
Loan loss allowance | $ 18.26 million |
Trading account assets | $ 4.99 million |
Bank premises and fixed assets | N.A. |
Other real estate owned | N.A. |
Goodwill and other intangibles | $ 1.21 million |
All other assets | $ 67.25 million |
Total Assets | $ 2.69 billion |
LIABILITIES | |
Total deposits | $ 2.58 billion |
Interest-bearing deposits | $ 1,660.01 million |
Deposits held in domestic offices | $ 2.58 billion |
% insured (estimated) | 49.94% |
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 | $ 2.69 billion |
Shareholders’ Equity | $ 263.83 million |
Summary Income Statement
INCOME AND EXPENSES | |
Total Interest Income | $ 41.19 million |
Total Interest Expense | $ 3.70 million |
Net interest income | $ 37.50 million |
Provision for loan and lease losses | $ 1.07 million |
Total non interest income | $ 8.99 million |
Total non interest expense | $ 30.22 million |
Pre-tax Net Operating Income | $ 15.18 million |
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