This institution is no longer active
Operations ceased on January 3, 2022. CRA examination history below reflects the period it was active.
SABAL PALM BANK
SARASOTA, FL · Supervised by FDIC
Est. 2006FDIC #58,372RSSD: FDIC-58372
Institution Profile
FDIC BankFindAddress
1950 Ringling Blvd, SARASOTA, FL
County
Sarasota County
Established
October 10, 2006
Total Assets
$427M(latest call report)
Financial Snapshot
As of Q4 2021Call Report / FDIC
Total Assets
$427M
Total Deposits
$396M
Net Loans
$246M
Net Income
$3M
ROA
0.86%
ROE
11.21%
Risk-Based Capital
15.22%
Total Assets — Last 8 Quarters
Total AssetsROA
Current Examination
CRA / FFIECOverall Rating
Satisfactory
Exam Date
October 1, 2017
Exam Type
Small Bank
Regulator
FDIC
Rating History
CRA / FFIEC2 previous ratings locked — dating back to 2009
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Rating Over Time
🔒 LockedOutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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