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 Paradise Bank
Paradise Bank
| RSSD ID 3368635 | CERTIFICATE 58030 | ABA NUMBER 67015795 |
| 2420 N Federal Hwy |
Quarter Ended : |
2025-03-31 |
| Boca Raton, Florida, 33431 |
Updated : |
2025-05-09 |
| www.ParadiseBank.com |
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| Institution Profile |
| Year Opened : |
2005 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
48 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 446,912 |
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Total Interest Income | 7,110 |
| Total Liabilities | 418,281 |
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Total NonInterest Income | 1,056 |
| Total Bank Equity Capital | 28,631 |
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Total Interest Expense | 1,797 |
| Total Deposits | 405,717 |
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Total NonInterest Expense | 3,294 |
| Net Loans & Leases | 321,605 |
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Net Income | 3,075 |
| Loan Loss Allowance | 2,964 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 40,457 |
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Total loans | 307,233 |
| Total assets for the leverage ratio | 429,465 |
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Loans secured by real estate: | 280,766 |
| Tier 1 Leverage Ratio | 8.73 |
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Commercial and industrial loans | 24,998 |
| Tier 1 Capital Ratio | 13.43 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.49 |
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Loans to individuals - Other | 1,340 |
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:· Paradise Bank
