Bank of Florida - Southeast

200 Sw First Avenue
Fort Lauderdale, FL 33301


General Bank Information

FDIC Insured Yes
FDIC Certificate # 57360
Date Established 2002
Assets $0.55 billion
Loans $0.42 billion
Deposits $0.45 billion
Capital $0.03 billion

Bank of Florida - Southeast is an FDIC insured institution located in Fort Lauderdale, FL. It was founded in 2002 and has approximately $0.6 billion in assets.

EverBank, Jacksonville, Florida, acquired the banking operations, including all the deposits, of three Florida-based institutions. To protect depositors, the Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with EverBank. Bank of Florida – Southeast, Fort Lauderdale, Florida; Bank of Florida – Southwest, Naples, Florida; and Bank of Florida – Tampa Bay, Tampa, Florida, were all closed May 28, 2010 by the Florida Office of Financial Regulation, which appointed the FDIC as receiver. The three failed banks were owned by the same holding company, Bank of Florida Corporation, which was not part of this transaction.

For a more detailed analysis of Bank of Florida - Southeast's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank of Florida - Southeast’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Bank of Florida - Southeast’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for Bank of Florida - Southeast

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to Bank of Florida - Southeast

Note to Bank of Florida - Southeast
To upload and update your bank's rates please register. It is free to register and add rates.


Bank of Florida - Southeast branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Bank Of Florida - Southeast Locations

Financial Details

Bank of Florida - Southeast Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Florida - Southeast. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Florida - Southeast U.S. Bank Average
118.05% 8.87%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of March 31, 2017, Bank of Florida - Southeast had $49,836,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $30,531,000 in equity and $11,686,000 in loans loss reserves. That gives it a Texas Ratio of 118.05%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of Florida - Southeast U.S. Bank Average
-50.52% 8.39%

Bank of Florida - Southeast has a Return on Equity of -50.52% versus the BestCashCow average of 8.39%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Bank of Florida - Southeast U.S. Bank Average
5.58% 11.94%

Bank of Florida - Southeast has a Capitalization of 5.58% versus the BestCashCow average of 11.94%. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Florida - Southeast Balance Sheet Analysis

As of November 30, -0001, Bank of Florida - Southeast had assets of $595,318,000, loans of $423,460,000, and deposits of $448,735,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Customer Reviews for Bank of Florida - Southeast

There are currently no comments for Bank of Florida - Southeast. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →