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 LENDS $16.5 MILLION FOR CONSTRUCTION OF "LIVE LOCAL" APARTMENT COMPLEX -
OCEAN BANK LENDS $80 MILLION TO FLB HOTEL, LLC -
OCEAN BANK REPORTS CONTINUED GROWTH -
OCEAN BANK LENDS $6.3 MILLION FOR EXPANSION OF HIGH-PROFILE JEWELRY STORE -
FROM RECYCLED OCEAN PLASTIC TO DEBIT CARDS -
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 REPORTS INCREASES IN INCOME, CAPITAL AND ASSETS -
OCEAN BANK TO OPEN FIRST PALM BEACH COUNTY BRANCH -
OCEAN BANK PROVIDES $27 MILLION FOR SHOPPING CENTER PURCHASE -
OCEAN BANK PROVIDES $5,000,000 FACTORING FACILITY TO AN INTERNATIONAL EXPORTER -
OCEAN BANK PROVIDES $21.5 MILLION FOR HOLLYWOOD HOTEL
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OCEAN BANK PROVIDES $10 MILLION WORKING CAPITAL FACILITY -
OCEAN BANK LENDS $17.3 MILLION FOR PURCHASE OF THE GROVE AT WINTER PARK -
LAWRENCE ARTMAN JOINS OCEAN BANK -
OCEAN BANK FINANCES $14.4 MILLION HGREG.COM TEXAS SITE PURCHASE -
OCEAN BANK LENDS $6.4 MILLION FOR CONSTRUCTION OF WALGREENS NEAR SARASOTA -
OCEAN BANK LENDS $21 MILLION FOR EXPANSION OF FLIGHT CENTER -
OCEAN BANK LENDS $6.5 MILLION FOR CONSTRUCTION OF WALGREENS IN ORLANDO -
OCEAN BANK LENDS $62.2 MILLION FOR CONSTRUCTION OF ROYAL PALM RESIDENCES -
OCEAN BANK LENDS $6.5 MILLION FOR CLASS-A OFFICE BUILDING -
OCEAN BANK LENDS $27.8 MILLION FOR CONSTRUCTION OF HYATT PLACE HOTEL -
OCEAN BANK LENDS $17.6 MILLION FOR CONSTRUCTION OF HILTON HOME2 SUITES -
SFBJ HONORS AGOSTINHO ALFONSO MACEDO WITH ULTIMATE CEO AWARD -
OCEAN BANK RECEIVES STATEWIDE FLORIDA EDUCATION AWARD -
OCEAN BANK Q1 2023 DEPOSIT GROW $231 MILLON -
OCEAN BANK FINANCES MEMORY CARE FACILITY IN PALM BEACH -
FBA HONORS AGOSTINHO ALFONSO MACEDO AS BANKER OF THE YEAR -
OCEAN BANK FINANCES PURCHASE OF 37 APARTMENTS -
OCEAN BANK 2022 NET INCOME GROWS 20 PERCENT -
OCEAN BANK NAMES JOSE AMBERT VP & BRANCH MANAGER IN ORLANDO -
OCEAN BANK FINANCES MEMORY CARE FACILITY