OCEAN BANK ASSETS TOP $7 BILLION
Ocean Bank Assets Top $7 Billion
Ocean Bank announced today total assets have surpassed $7 billion, maintaining the bank’s 10-year record of increased assets. Midway through the second quarter of 2025, assets reached a record $7.2 billion, a 7% increase over the $6.7 billion at year-end 2024.
Since year-end 2014, when assets stood at $3.2 billion, Ocean Bank assets have increased by 125%, while inflation stood at 29 percent for the period.
“Ocean Bank has shown steady, continued growth year after year,” said Agostinho Alfonso Macedo, President, Chairman and CEO of Ocean Bank. “Our success is a testament to the dedication of Ocean Bank’s employees, our loyal customers and the commitment of our board of directors and shareholders.”
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OCEAN BANK PROVIDES $36 MILLION LOAN FOR PURCHASE OF DORAL SQUARE RETAIL CENTER -
OCEAN BANK PROVIDES $16 MILLION LOAN FOR KEY BISCAYNE SHOPPING CENTER -
OCEAN BANK PROVIDES $13.2 MILLION LOAN FOR CYPRESS CORPORATE CENTER -
OCEAN BANK REPORTS GROWTH IN INCOME, ASSETS AND EQUITY -
OCEAN BANK FINANCES ORLANDO WAREHOUSES -
OCEAN BANK REPORTS RECORD ASSETS -
OCEAN BANK NAMES JEANELLE BOSCAN HEAD OF MARKETING -
OCEAN BANK FUNDS $5 MILLION FACTORING FACILITY -
OCEAN BANK CLOSES $8 MILLION FACTORING FACILITY FOR AN AVIATION PARTS DISTRIBUTOR -
OCEAN BANK FUNDS CONSTRUCTION DEVELOPMENT IN KISSIMMEE -
OCEAN BANK ASSETS TOP $7 BILLION -
OCEAN BANK LENDS $10 MILLION FOR HOTEL PURCHASE -
MARIO DE ARMAS JOINS OCEAN BANK BOARD -
OCEAN BANK PROVIDES $54 MILLION LOAN TO GALBUT-AFFILIATED COMPANY -
OCEAN BANK PROVIDES $22 MILLION FOR CONSTRUCTION OF BRICKELL AREA CONDOS -
OCEAN BANK PROVIDES $10 MILLION FOR NAVARRO PHARMACY SITE OWNER -
OCEAN BANK PROVIDES $132 MILLION LOAN FOR VOX I AND II -
OCEAN BANK RELOCATES WEST FLAGLER BRANCH
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OCEAN BANK LENDS $16.5 MILLION FOR CONSTRUCTION OF "LIVE LOCAL" APARTMENT COMPLEX -
OCEAN BANK PROVIDES $21.5 MILLION FOR HOLLYWOOD HOTEL -
OCEAN BANK LENDS $80 MILLION TO FLB HOTEL, LLC -
OCEAN BANK REPORTS CONTINUED GROWTH -
OCEAN BANK TO OPEN FIRST PALM BEACH COUNTY BRANCH -
OCEAN BANK LENDS $6.3 MILLION FOR EXPANSION OF HIGH-PROFILE JEWELRY STORE -
FROM RECYCLED OCEAN PLASTIC TO DEBIT CARDS -
OCEAN BANK PROVIDES $5,000,000 FACTORING FACILITY TO AN INTERNATIONAL EXPORTER -
VANESSA LUGO PROMOTED TO CFO -
OCEAN BANK PROVIDES $4.9 MILLION FOR AVIATION COMPANY -
OCEAN BANK LENDS $4.5 MILLION FOR SHOPPING PLAZA RENOVATION -
OCEAN BANK PROVIDES $17.5 MILLION FOR REFINANCE OF ALOFT HOTEL -
OCEAN BANK PROVIDES $25 MILLION FOR AUTO DEALERSHIPS FLOOR PLANS -
INTERNATIONALLY RENOWNED ARTIST ROMERO BRITTO ACQUIRES BUILDING IN MIAMI FOR ALMOST $12 MILLION -
OCEAN BANK PROVIDES $40 MILLION TO REFINANCE SHOPPING MALL -
ORLANDO BRANCH WILL RETURN TO NORMAL HOURS -
OCEAN BANK LENDS $9.2 MILLION OF CONSTRUCTION OF ULTRA-LUXURY TOWNHOMES -
CRISTO REY MIAMI HIGH SCHOOL AND OCEAN BANK PARTNER FOR STUDENT SUCESS -
OCEAN BANK REPORTS CONTINUED GROWTH -
OCEAN BANK PROVIDES $27 MILLION FOR SHOPPING CENTER PURCHASE -
OCEAN BANK TO OPEN FIRST PALM BEACH COUNTY BRANCH -
OCEAN BANK REPORTS INCREASES IN INCOME, CAPITAL AND ASSETS