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VELOCITY COMMUNITY
PALM BEACH GARD, FL
Latest Health Report
Latest Update: March 31, 2023
- Assets
- $485,684,299
- Deposits
- $430,087,295
- Loans
- $292,277,985
- Loan Loss Provision
- $ 153,000
- Profit
- $2,585,388
- Capital
- $50,156,365
- Reserves
- $1,104,443
- Past Due 90 Days
- $ 625,940
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $ 51,260,808
- Total Troubled Assets
- $ 625,940
- Troubled Asset Ratio
- 1.22
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | $495,943,216 | $441,200,945 | $282,281,243 | $1,647,579 | $ 48,613,969 | $ 484,601 | 1.00 |
| 2021 | $469,848,283 | $419,560,096 | $228,923,181 | $138,477 | $ 46,835,262 | $ 219,190 | 0.47 |
| 2020 | $410,484,849 | $360,746,769 | $191,593,331 | $1,072,547 | $ 46,605,467 | $ 331,307 | 0.71 |
| 2019 | $364,320,398 | $318,167,068 | $191,721,970 | $2,282,960 | $ 45,683,525 | $ 892,464 | 1.95 |
| 2018 | $356,384,470 | $305,442,629 | $177,878,069 | $1,811,795 | $ 43,444,683 | $ 630,714 | 1.45 |