Ocean Bank
Ocean Bank is a financial institution in the commercial banking sector. Use the CB Insights Platform to explore Ocean Bank's full profile.
www.cbinsights.comHere are the latest publicly available updates on Ocean Bank:
- Ocean Bank records double-digit growth for 2025: total assets rose to about $7.44 billion, deposits to $6.27 billion, and stockholder’s equity up about 10% to $697.4 million; Tier 1 capital remained strong at roughly $712.5 million with a Tier 1 leverage ratio near 9.7%.[3][4]
- A 2025–2026 regulatory/FDIC-related update: Ocean Bank faced a civil penalty in a multi-agency enforcement action tied to BSA/AML compliance deficiencies, with penalties and forfeiture concluded by FinCEN, the DEA, IRS-CI, and the U.S. Attorney’s Office for the Southern District of Florida, and ongoing monitoring by the Florida OFR.[1]
- The bank’s public profile emphasizes ongoing growth and lending activity in Florida, with multiple press releases highlighting loan closings and continued expansion of services since 1982.[5]
If you want, I can pull precise figures (assets, deposits, capital ratios) from the latest quarterly filing or press release and provide a short, sourced summary. I can also set up a quick chart showing growth trajectory over 2024–2025 if you’d like.