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 Locality Bank
Locality Bank
| RSSD ID 5673191 | CERTIFICATE 59278 | ABA NUMBER 67017052 |
| 1400 S Andrews Ave |
Quarter Ended : |
2025-03-31 |
| Fort Lauderdale, Florida, 33316 |
Updated : |
2025-04-24 |
| www.localitybank.com |
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| Institution Profile |
| Year Opened : |
2022 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
39 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 303,213 |
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Total Interest Income | 4,440 |
| Total Liabilities | 256,639 |
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Total NonInterest Income | 215 |
| Total Bank Equity Capital | 46,574 |
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Total Interest Expense | 2,032 |
| Total Deposits | 255,391 |
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Total NonInterest Expense | 2,492 |
| Net Loans & Leases | 231,864 |
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Net Income | (497) |
| Loan Loss Allowance | 3,981 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 221,413 |
| Total assets for the leverage ratio | 279,114 |
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Loans secured by real estate: | 190,287 |
| Tier 1 Leverage Ratio | 15.88 |
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Commercial and industrial loans | 31,125 |
| Off Balance Sheet Exposures (%) | 13.24 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 0 |
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:· Locality Bank
