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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

This table shows the year-end report on key metrics for each of the past five years.
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