Total Branches in Florida: 2
Paradise Bank is a significant financial presence in Florida. The bank maintains 2 branches across the state, with a total of $348,495,000 in deposits as of the latest FDIC Summary of Deposits survey. This translates to approximately $14.94 in deposits per Florida resident and a bank density of about 0.01 branches per 100,000 people. Additionally, with total assets of $380,605,000, the bank has approximately $16.31 in assets per Florida resident.
The Community Reinvestment Act (CRA) rating reflects the bank's record of meeting the credit needs of its community, including low- and moderate-income areas. The ratings are: Outstanding, Satisfactory, Needs to Improve, and Substantial Noncompliance.
Rating: Satisfactory
Date: Sep 19, 2022
Exam Method: Intermediate Small Bank (e.g., Large Bank Exam applies to institutions above a certain asset threshold)
Assets at Exam: $416,402,000
09/19/2022: Satisfactory
07/10/2017: Satisfactory
05/13/2013: Satisfactory
02/14/2011: Satisfactory
02/05/2007: Satisfactory
RSSD ID: 3368635
Attributes data not found in NIC database.
Holding Company data not available.
Insurance & ID data not available.
These are companies that the main bank owns or directs. The listing below shows entities the bank has the power to control (`Controlled`).
If you see 0.00% Equity, it means the bank controls the subsidiary using a legal tool other than voting stock, such as a management contract or a fiduciary arrangement (See Other Basis Ind).
No recent transformation events found where this entity was the successor (survivor).
2420 N Federal Hwy
Boca Raton, FL 33431
1351 N Federal Hwy, FL
540 N Federal Hwy, FL