Broward Bank of Commerce

101 Ne 3rd Ave, Tower 101, S
Fort Lauderdale, FL 33301

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58813
Date Established 2009
Assets $0.18 billion
Loans $0.12 billion
Deposits $0.15 billion
Capital $0.02 billion

Broward Bank of Commerce is an FDIC insured institution located in Fort Lauderdale, FL. It was founded in 2009 and has approximately $0.18 billion in assets.

For a more detailed analysis of Broward Bank of Commerce'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 Broward Bank of Commerce’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Florida, Broward Bank of Commerce has a significantly higher percent of Construction and Development 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 16.17
Multifamily
Mortgages
7.59
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 7.37
Construction and Development Loans 13.41
Commercial Real Estate 48.82
Commercial and Industrial Loans 16.09
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

Loan Rates

Your Current Location: Virginia, VA 20146

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Branches

Broward Bank of Commerce 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


Broward Bank Of Commerce Locations

Financial Details

Broward Bank of Commerce Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Broward Bank of Commerce. The data is provided by the FDIC. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Broward Bank of Commerce U.S. Bank Average
0% 9.11%

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 June 30, 2016, Broward Bank of Commerce had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $19,901,000 in equity and $2,723,000 in loans loss reserves. That gives it a Texas Ratio of 0%. 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
Broward Bank of Commerce U.S. Bank Average
6.43% 9.45%

Broward Bank of Commerce has a Return on Equity of 6.43% versus the BestCashCow average of 9.45%. 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
Broward Bank of Commerce U.S. Bank Average
11.07% 11.28%

Broward Bank of Commerce has a Capitalization of 11.07% versus the BestCashCow average of 11.28%. 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.

Broward Bank of Commerce Balance Sheet Analysis

As of September 30, 2014, Broward Bank of Commerce had assets of $179,783,000, loans of $116,434,000, and deposits of $145,017,000. 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.

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