Vitals
  • Total Assets
    3.4B 3.0 %
  • Total Deposits
    2.9B 3.5 %
  • Total Net Loans
    2.8B 12.3 %
  • Net Income
    25.3M 24.4 %
  • Book Value
    425.6M 3.5 %
  • Book Value x2
    851.2M 3.5 %
  • Book Value x3
    1.3B 3.5 %
ROAA

.75

ROAE

5.996

Efficiency Ratio

72.668

Net Interest Margin

3.978

Balance Sheet Highlights
Financial Highlights Ocean Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 3,393,766 586,559
Total Net Loans 2,769,345 397,788
Total Deposits 2,883,806 483,997
Total Equity 425,575 60,775
Profitability
Net Income 25,315 4,381
Return on Average Assets .75 .706
Return on Average Equity 5.996 6.893
Net Interest Margin 3.978 3.553
Efficiency Ratio 72.668 74.427
Noninterest Income/Revenue 13.205 15.578
Balance Sheet Ratios
Loan-to-Deposit 96.031 80.705
Securities/Assets .093 .17
Total Equity/Total Assets .125 .104
Tangible Equity/Tangible Assets .125 .1
Capital Adequacy
Tier 1 Common Capital 360,791 55,412
Tier 1 Capital 360,791 55,855
Tier 2 Capital 38,502 4,271
Total Capital 399,293 60,316
Total Risk Weighted Assets 3,051,365 416,967
Leverage Ratio 10.82 10.155
Common Equity Tier 1 Capital Ratio 11.82 14.982
Tier 1 Capital Ratio 11.82 15.063
Total Capital Ratio 13.09 16.194

Timeline for Ocean Bank

Ocean Title Services, Inc.

Ocean Title Services, Inc. became a new subsidiary organization for Ocean Bank.

View Profile Jul 16 2001

Global Bank

Acquisition: Ocean Bank acquired a new subsidiary, Global Bank, 36 years

View Profile Feb 13 1988

Ocean Bankshares, Inc.

Ocean Bankshares, Inc. became a new parent organization for Ocean Bank.

View Profile Jan 31 1986

Ocean Bank

Ocean Bank was established 41 years ago and is currently headquartered in Miami, FL.

Dec 09 1982
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Global Bank Seller 21,742 Failure 2/13/1988
Relationships Role Relationship Start Relationship End
Ocean Bankshares, Inc. Parent 1/31/1986
Ocean Title Services, Inc. Subsidary 6/30/2007
Ocean Title Services, Inc. Subsidary 7/16/2001 6/29/2007
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