Anchor Bank
Palm Beach Gardens, Florida, Palm Beach County
$806M in total assets, the 1,277th largest of 4,309 US banks and 38th of 84 headquartered in Florida.
- FDIC certificate
- 57931
- Established
- 2005
- Owned by
- Anchor Bcorp Inc
- Primary regulator
- FED
At a glance
Compared with 43 banks headquartered in Florida with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $806M | 88% | $356M | |
| Loans | $489M | 81% | $234M | |
| Deposits | $656M | 86% | $293M | |
| Return on assets | 2.37% | 98% | 0.89% | |
| Net interest margin | 3.20% | 14% | 3.82% | |
| Efficiency ratio | 33.9% | 2% | 68.5% | |
| Equity to assets | 8.25% | 21% | 9.81% | |
| Loans to deposits | 75% | 42% | 77% |
Growth
Total assets grew 36.5% a year over the last 5 years and 22.6% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 2026 | Community Bank and Trust - West Georgia Lagrange, GA | $293M |
| Aug 2021 | Home Federal Bank of Hollywood Hallandale Beach, FL | $47M |
Where they operate
9 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Palm Beach County, FL | $345M | 0.5% | 24 of 56 |
| Troup County, GA | $175M | 11.1% | 3 of 11 |
| Miami-dade County, FL | $98M | 0.0% | 50 of 58 |
| Broward County, FL | $38M | 0.1% | 40 of 43 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 7 branches since 2016 (2 to 9, +350.0%). 5 opened, 4 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 2 | |||
| 2019 | Opened Boca Raton and Palm Beach GardensClosed Palm Beach Gardens | 2 | 1 | +1 | 3 |
| 2021 | Acquired Home Federal Bank of HollywoodOpened Greenacres | 2 | 0 | +2 | 5 |
| 2022 | Opened Coral GablesClosed Palm Beach Gardens | 1 | 1 | 0 | 5 |
| 2025 | Opened Palm Beach Gardens | 1 | 0 | +1 | 6 |
| 2026 through Q2 | Acquired Community Bank and Trust - West Georgia | 3 | 0 | +3 | 9 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 49% | 41% | |
| 1-4 family residential | 32% | 32% | |
| Multifamily | 10% | 3% | |
| Business (C&I) | 7% | 10% | |
| Construction and land | 2% | 9% | |
| Consumer | 1% | 3% | |
| Farmland | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 42% | 47% | |
| Time deposits | 32% | 22% | |
| Noninterest-bearing | 26% | 31% |
Brokered deposits are 0.0% of deposits (peers 5.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.15% | 0.06% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 0.68% | 1.25% |
| Leverage ratio | 8.85% | 10.56% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Florida
Largest competitors in Palm Beach County, FL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/anchor-bank-palm-beach-gardens-fl