Flagship Bank

Clearwater, FL
IDRSSD: 3404999
Total Assets
$712.52M
Latest filing
Total Deposits
$599.82M
Latest filing
Net Interest Margin
3.68%
Profitability

Locations

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Main Office
Flagship Bank
29750 Us Highway 19 N
Clearwater, FL 33761
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/23/2006FDIC Certificate 439972

Branches (6)

Page 1 of 1
NameAddressCity / State
Flagship Bank (Main)29750 Us Highway 19 NClearwater, FL
OLDSMAR BRANCH4095 Tampa RdOldsmar, FL
MESSENGER SERVICE27950 Us Highway 19 NorthClearwater, FL
TARPON SPRINGS BRANCH1101 S Pinellas AveTarpon Springs, FL
LARGO BRANCH3320 E Bay DrLargo, FL
ST. PETERSBURG BRANCH965 Central AveSaint Petersburg, FL
WEST PASCO BRANCH9040 Tryfon Blvd Ste A102Trinity, FL
Showing 6 of 6

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/23/2006
Community BankYes
Ownership TypeNot Mutual
ZIP33761
State and County Number12103
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameTampa-St. Petersburg-Clearwater, FL

Operational Info

Number of Employees80
Domestic Offices7
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date03/08/2024
Date of Deposit Insurance01/23/2006
Primary Insurance AgencyDIF
Websitehttp://www.flagshipbank.com
Data Updated11/14/2025
CERT58113
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$712.52M
Total Deposits$599.82M
Total Liabilities$620.47M
Total Equity Capital$92.05M
Net Income$1.92M
Net Loans and Leases$561.66M
Assets Per Employee ($Millions)$9.38M
Bank Premises and Fixed Assets$8.27M
Cash and Balances due from Depository Institutions$123.38M
Deposits Held in Domestic Offices$599.82M

Key Performance Ratios

Return on Assets (ROA)1.09%
Return on Equity (ROE)8.43%
Net Interest Margin3.68%
Efficiency Ratio58.7%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.919%
Earning Assets to total Assets96.13%

Income and Expense

Total Interest Income$9.72M
Total Noninterest Income$297.00k
Total Interest Expense$3.49M
Total Noninterest Expense$3.83M
Net Interest Income$6.23M
Pre-tax Net Operating Income$2.51M
Provision for Credit Losses$182.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$17.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.65M
Total Liabilities and Capital$712.52M

Securities

Securities$5.01M
Available-for-sale debt securities$5.01M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Flagship Bank?
$712.52M as of the latest filing.
How much are Flagship Bank's total deposits?
$599.82M in total deposits.
Where is Flagship Bank located?
Clearwater, FL.
What is the Net Interest Margin?
3.68%.
How many domestic offices does it operate?
7.
When was it established?
01/23/2006.
What is the Return on Assets (ROA)?
1.09%.
How much are total loans and leases?
$561.66M (latest filing).
What is the total interest income (latest filing)?
$9.72M.