Bradesco BAC Florida Bank

Headquarters

169 Miracle Mile
Coral Gables, FL 33134
See all branch locations →

Bradesco BAC Florida Bank
Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD N.A. 0.70% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bradesco BAC Florida Bank is an FDIC insured institution located in Coral Gables, FL. It was founded in 1973 and has approximately $2.16 billion in assets.

FDIC Insured Yes
FDIC Certificate # 21265
Date Established 1973
Assets $ 2.16 billion
Loans $ 1,610.58 million
Deposits $ 1,786.80 million
Capital $ 249.26 million
 

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

Deposit Rates - July 26, 2021

Your Current Location: Virginia, VA 20146

Online Only CD Rates of BAC Florida

Online CD Rates APY MIN MAX
6 Month Jumbo
0.35% $5,000 - Learn More
11 Month No Penalty CD
0.40% $100,000 - Learn More
12 Month Jumbo
0.45% $5,000 - Learn More
18 Month Jumbo
0.55% $5,000 - Learn More
24 Month Jumbo
0.65% $5,000 - Learn More
36 Month Jumbo
0.65% $5,000 - Learn More

Bank Online Offers

 

Loan Rates - July 26, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bradesco BAC Florida Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.465% 3.375%
0.63 points
$2,812 fees
$1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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BMO Harris Bank
BMO Harris Bank
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4.840 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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Note to Bradesco BAC Florida Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bradesco BAC Florida Bank 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:
Ashburn,Virginia


Bradesco BAC Florida Bank Locations


Financial Details

Bradesco BAC Florida Bank Ratio Analysis

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

Texas Ratio
Bradesco BAC Florida Bank U.S. Bank Average
4.19% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, Bradesco BAC Florida Bank had $10,842,000 in non-current loans and $191,000 in owned real estate. To cover these potential losses it had $249,264,000 in equity and $14,301,000 in loans loss reserves. That gives it a Texas Ratio of 4.19%.

Return on Equity
Bradesco BAC Florida Bank U.S. Bank Average
4.84% 11.43%

Bradesco BAC Florida Bank has a Return on Equity of 4.84% versus the BestCashCow average of 11.43%. 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.

Capitalization
Bradesco BAC Florida Bank U.S. Bank Average
11.54% 11.51%

Bradesco BAC Florida Bank has a Capitalization of 11.54% versus the BestCashCow average of 11.51. 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.

Bradesco BAC Florida Bank Balance Sheet Analysis

As of March 31, 2021, Bradesco BAC Florida Bank had assets of $2,160,008,000, loans of $1,610,583,000, and deposits of $1,786,798,000. 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.

Summary Balance Sheet

March 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 251.92 million
Interest-bearing balances $ 189.86 million
Total securities $ 228.39 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,610.58 million
Loan loss allowance $ 14.30 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.19 million
Goodwill and other intangibles $ 1.90 million
All other assets $ 65.16 million
     Total Assets $ 1,910.74 million
LIABILITIES
Total deposits $ 1,786.80 million
      Interest-bearing deposits $ 1,297.45 million
      Deposits held in domestic offices $ 1,786.37 million
      % insured (estimated) 45.17%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 111.61 million
Subordinated debt N.A.
All other liabilities $ 12.34 million
      Total Liabilities $ 1,910.74 million
      Shareholders’ Equity $ 249.26 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 16.69 million
Total Interest Expense $ 2.22 million
Net interest income $ 14.47 million
Provision for loan and lease losses N.A.
Total non interest income $ 2.78 million
Total non interest expense $ 13.30 million
Pre-tax Net Operating Income $ 3.94 million

Bank Loan Profile?

The top three loan types in Bradesco BAC Florida Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks in Florida, Bradesco BAC Florida Bank has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 74.35
Multifamily
Mortgages
2.19
Credit Card Loans 0.04
Consumer Auto Loans 0.00
Small Business Loans 0.40
Construction and Development Loans 0.01
Commercial Real Estate 4.17
Commercial and Industrial Loans 2.02
Farm Loans 0.00

Frequently Asked Questions About Bradesco Bac Florida Bank

Branches and Savings

Is Bradesco Bac Florida Bank FDIC insured?

Yes. It is covered under FDIC Certificate #21265.

Why does Bradesco Bac Florida Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bradesco Bac Florida Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bradesco Bac Florida Bank a commercial bank?

Yes

Where are Bradesco Bac Florida Bank locations?

See branch locations nearby.

Is Bradesco Bac Florida Bank open on Saturdays?

Is Bradesco Bac Florida Bank open on Sundays?

What time does Bradesco Bac Florida Bank open?

What time does Bradesco Bac Florida Bank close?

Are Bradesco Bac Florida Bank ATMs Open 24/7?

Do Bradesco Bac Florida Bank ATMs accept cash deposits?

Can Bradesco Bac Florida Bank customers use other ATMs?

Do Bradesco Bac Florida Bank branches have notaries?

Will Bradesco Bac Florida Bank notarize my document?

What address for Bradesco Bac Florida Bank should I put for incoming ACH transfers?

Will the Bradesco Bac Florida Bank branch print checks?

Do Bradesco Bac Florida Bank checks expire?

Does Bradesco Bac Florida Bank require US citizenship to open account?

Can Bradesco Bac Florida Bank close my account?

Does Bradesco Bac Florida Bank Report to credit bureaus?

Does Bradesco Bac Florida Bank Use Equifax?

What is Bradesco Bac Florida Bank's ACH Routing Number?

What is Bradesco Bac Florida Bank's SWIFT code?

Products

Does Bradesco Bac Florida Bank offer mortgages?

Compare mortgage rates here.

Does Bradesco Bac Florida Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bradesco Bac Florida Bank offer personal loans?

Compare personal loan rates here.

Does Bradesco Bac Florida Bank offer student loans?

Will Bradesco Bac Florida Bank cash a check?

Will Bradesco Bac Florida Bank redeem a savings bond?

Does Bradesco Bac Florida Bank cash savings bonds?

Will Bradesco Bac Florida Bank cash money orders?

Can Bradesco Bac Florida Bank issue a money order?

Does Bradesco Bac Florida Bank do currency exchange?

Background on The Bank

Who owns Bradesco Bac Florida Bank?

How long has Bradesco Bac Florida Bank been around?

Can Bradesco Bac Florida Bank transfer to other banks?

Does Bradesco Bac Florida Bank have quick pay?

Does Bradesco Bac Florida Bank accept rolled coins?

Will Bradesco Bac Florida Bank accept loose change?

Where is Bradesco Bac Florida Bank headquarters?

Customer Reviews for Bradesco BAC Florida Bank


  • November 30, 2015

    WHAT ARE YOUR BEST RATES FOR UPTO $100,000 FOR 12 MONTHS CD FOR LLC .

  • February 23, 2015

    Can I open a CD account in the name of an Inter=Vivos trust account? Do we have to visit one of your banks to open the account?

  • January 6, 2015

    I like to open cd where to start can

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