Premier Community Bank of Florida

Headquarters

900 53rd Ave E
Bradenton, FL 34203
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Premier Community Bank of Florida is an FDIC insured institution located in Bradenton, FL. It was founded in 2007 and has approximately $0.25 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 58548
Date Established 2007
Assets $ 238.87 million
Loans $ 172.88 million
Deposits $ 204.48 million
Capital $ 23.64 million
 

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

Deposit Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Premier Community Bank of Florida

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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4.000 %
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3.750 %
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Third Federal Savings and Loans
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2.990 %
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Note to Premier Community Bank of Florida
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Branches

Premier Community Bank of Florida 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:
Fairfield,Connecticut


Premier Community Bank of Florida Locations


Financial Details

Premier Community Bank of Florida Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Premier Community Bank of Florida. 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
Premier Community Bank of Florida U.S. Bank Average
1.21% 6.94%

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, 2020, Premier Community Bank of Florida had $301,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $23,639,000 in equity and $1,219,000 in loans loss reserves. That gives it a Texas Ratio of 1.21%.

Return on Equity
Premier Community Bank of Florida U.S. Bank Average
3.97% 7.80%

Premier Community Bank of Florida has a Return on Equity of 3.97% versus the BestCashCow average of 7.80%. 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
Premier Community Bank of Florida U.S. Bank Average
9.9% 12.68%

Premier Community Bank of Florida has a Capitalization of 9.9% versus the BestCashCow average of 12.68. 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.

Premier Community Bank of Florida Balance Sheet Analysis

As of June 30, 2018, Premier Community Bank of Florida had assets of $246,884,000, loans of $172,883,000, and deposits of $204,479,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 41.32 million
Interest-bearing balances $ 8.84 million
Total securities $ 20.17 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 172.88 million
Loan loss allowance $ 1.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.22 million
All other assets $ 5.13 million
     Total Assets $ 223.25 million
LIABILITIES
Total deposits $ 204.48 million
      Interest-bearing deposits $ 188.12 million
      Deposits held in domestic offices $ 204.48 million
      % insured (estimated) 76.86%
Federal funds purchased and repurchase agreements $ 18.11 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.66 million
      Total Liabilities $ 223.25 million
      Shareholders’ Equity $ 15.62 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.71 million
Total Interest Expense $ 0.68 million
Net interest income $ 4.03 million
Provision for loan and lease losses $ 0.11 million
Total non interest income $ 0.31 million
Total non interest expense $ 6.56 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Premier Community Bank of Florida’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Premier Community Bank of Florida’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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.34
Multifamily
Mortgages
0.12
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 7.75
Construction and Development Loans 7.46
Commercial Real Estate 54.02
Commercial and Industrial Loans 11.71
Farm Loans 0.07

Frequently Asked Questions About Premier Community Bank Of Florida

Branches and Savings

Is Premier Community Bank Of Florida FDIC insured?

Yes. It is covered under FDIC Certificate #58548.

Why does Premier Community Bank Of Florida pay such low interest on savings accounts?

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

Why are Premier Community Bank Of Florida CD rates not competitive?

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

Is Premier Community Bank Of Florida a commercial bank?

Yes

Where are Premier Community Bank Of Florida locations?

See branch locations nearby.

Is Premier Community Bank Of Florida open on Saturdays?

Is Premier Community Bank Of Florida open on Sundays?

What time does Premier Community Bank Of Florida open?

What time does Premier Community Bank Of Florida close?

Are Premier Community Bank Of Florida ATMs Open 24/7?

Do Premier Community Bank Of Florida ATMs accept cash deposits?

Can Premier Community Bank Of Florida customers use other ATMs?

Do Premier Community Bank Of Florida branches have notaries?

Will Premier Community Bank Of Florida notarize my document?

What address for Premier Community Bank Of Florida should I put for incoming ACH transfers?

Will the Premier Community Bank Of Florida branch print checks?

Do Premier Community Bank Of Florida checks expire?

Does Premier Community Bank Of Florida require US citizenship to open account?

Can Premier Community Bank Of Florida close my account?

Does Premier Community Bank Of Florida Report to credit bureaus?

Does Premier Community Bank Of Florida Use Equifax?

What is Premier Community Bank Of Florida's ACH Routing Number?

What is Premier Community Bank Of Florida's SWIFT code?

Products

Does Premier Community Bank Of Florida offer mortgages?

Compare mortgage rates here.

Does Premier Community Bank Of Florida offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Premier Community Bank Of Florida offer personal loans?

Compare personal loan rates here.

Does Premier Community Bank Of Florida offer student loans?

Will Premier Community Bank Of Florida cash a check?

Will Premier Community Bank Of Florida redeem a savings bond?

Does Premier Community Bank Of Florida cash savings bonds?

Will Premier Community Bank Of Florida cash money orders?

Can Premier Community Bank Of Florida issue a money order?

Does Premier Community Bank Of Florida do currency exchange?

Background on The Bank

Who owns Premier Community Bank Of Florida?

How long has Premier Community Bank Of Florida been around?

Can Premier Community Bank Of Florida transfer to other banks?

Does Premier Community Bank Of Florida have quick pay?

Does Premier Community Bank Of Florida accept rolled coins?

Will Premier Community Bank Of Florida accept loose change?

Where is Premier Community Bank Of Florida headquarters?

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