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Ocean Bank
Ocean Bank
RSSD ID 663834 | CERTIFICATE 24156 | ABA NUMBER 66011392 |
780 Nw 42nd Ave |
Quarter Ended : |
2025-03-31 |
Miami, Florida, 33126 |
Updated : |
2025-04-30 |
www.oceanbank.com |
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Institution Profile |
Year Opened : |
1982 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
24 |
Number of Employees : |
683 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 6,926,798 |
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Total Interest Income | 93,261 |
Total Liabilities | 6,274,000 |
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Total NonInterest Income | 7,319 |
Total Bank Equity Capital | 652,798 |
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Total Interest Expense | 38,772 |
Total Deposits | 5,829,220 |
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Total NonInterest Expense | 41,395 |
Net Loans & Leases | 5,366,274 |
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Net Income | 15,264 |
Loan Loss Allowance | 76,118 |
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Net Charge Offs | (121) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 749,780 |
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Total loans | 5,477,441 |
Total assets for the leverage ratio | 6,856,821 |
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Loans secured by real estate: | 4,941,594 |
Tier 1 Leverage Ratio | 9.88 |
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Commercial and industrial loans | 366,936 |
Tier 1 Capital Ratio | 11.68 |
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Loans to individuals - Credit Cards | 7,823 |
Total Capital Ratio | 12.93 |
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Loans to individuals - Other | 22,538 |
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