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BankHealth

PARADISE BANK

BOCA RATON, FLORIDA · FDIC Cert #58030

A
Health Score
86/100
$381M
Total Assets
$348M
Total Deposits
12.40%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PARADISE BANK holds a Tier 1 capital ratio of 12.40%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PARADISE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
22.90%
Liquidity Ratio
Strong — can meet withdrawal demands
3.25%
Return on Assets
Profitable — earning well on assets
$348M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PARADISE BANK shows strong financial health indicators. With $381M in assets and a Health Score of 86/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

PARADISE BANK has a Bank Health Score of A (86/100). It holds a Tier 1 capital ratio of 12.40%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

PARADISE BANK holds $381M in total assets and $348M in total deposits. It is located in BOCA RATON, FLORIDA (FDIC Certificate #58030).

PARADISE BANK has a Tier 1 capital ratio of 12.40%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 3.25%.

Yes. PARADISE BANK is FDIC-insured (Certificate #58030). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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