Banks | Bradesco BAC Florida Bank

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.

Deposit Rates - January 27, 2023

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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