Locality Bank
Fort Lauderdale, FL
IDRSSD: 5673191
Total Assets
$364.71M
Latest filing
Total Deposits
$311.36M
Latest filing
Net Interest Margin
3.83%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Locality Bank
1400 S Andrews Ave
Fort Lauderdale, FL 33316
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/12/2022FDIC Certificate 632241
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Locality Bank (Main) | 1400 S Andrews Ave | Fort Lauderdale, FL | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/12/2022 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 33316 |
| State and County Number | 12011 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Miami-Fort Lauderdale-Pompano Beach, FL |
Operational Info
| Number of Employees | 39 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 12/05/2022 |
| Date of Deposit Insurance | 01/12/2022 |
| Primary Insurance Agency | DIF |
| Website | www.localitybank.com |
| Data Updated | 11/14/2025 |
| CERT | 59278 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $364.71M |
| Total Deposits | $311.36M |
| Total Liabilities | $317.88M |
| Total Equity Capital | $46.83M |
| Net Income | $-289,000 |
| Net Loans and Leases | $249.47M |
| Assets Per Employee ($Millions) | $9.35M |
| Bank Premises and Fixed Assets | $1.99M |
| Cash and Balances due from Depository Institutions | $94.77M |
| Deposits Held in Domestic Offices | $311.36M |
Key Performance Ratios
| Return on Assets (ROA) | -0.34% |
| Return on Equity (ROE) | -2.47% |
| Net Interest Margin | 3.83% |
| Efficiency Ratio | 80.26% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 1.27% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.84% |
| Earning Assets to total Assets | 97.64% |
Income and Expense
| Total Interest Income | $5.16M |
| Total Noninterest Income | $352.00k |
| Total Interest Expense | $2.04M |
| Total Noninterest Expense | $2.79M |
| Net Interest Income | $3.12M |
| Pre-tax Net Operating Income | $-381,000 |
| Provision for Credit Losses | $1.07M |
| 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 | $5.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.51M |
| Total Liabilities and Capital | $364.71M |
Securities
| Securities | $13.54M |
| Available-for-sale debt securities | $13.54M |
| 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 Locality Bank?
$364.71M as of the latest filing.
How much are Locality Bank's total deposits?
$311.36M in total deposits.
Where is Locality Bank located?
Fort Lauderdale, FL.
What is the Net Interest Margin?
3.83%.
How many domestic offices does it operate?
1.
When was it established?
01/12/2022.
What is the Return on Assets (ROA)?
-0.34%.
How much are total loans and leases?
$249.47M (latest filing).
What is the total interest income (latest filing)?
$5.16M.