Cypress Bank & Trust
Melbourne, Florida, Brevard County
$257M in total assets, the 2,713th largest of 4,309 US banks and 64th of 84 headquartered in Florida.
- FDIC certificate
- 35506
- Established
- 1996
- Owned by
- Cypress Capital Group Inc
- Primary regulator
- FDIC
- Website
- www.cypressbanktrust.com
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 | $257M | 28% | $358M | |
| Loans | $170M | 40% | $243M | |
| Deposits | $219M | 28% | $294M | |
| Return on assets | 1.19% | 72% | 0.89% | |
| Net interest margin | 3.82% | 51% | 3.81% | |
| Efficiency ratio | 79.1% | 74% | 68.3% | |
| Equity to assets | 11.14% | 65% | 9.62% | |
| Loans to deposits | 77% | 58% | 76% |
Growth
Cypress Bank & Trust has filed financial reports for 20 quarters, too few for 5-year growth figures.
Where they operate
5 branches in 5 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Brevard County, FL | $107M | 0.9% | 13 of 17 |
| Palm Beach County, FL | $79M | 0.1% | 35 of 56 |
| Orange County, FL | $21M | 0.0% | 35 of 40 |
| Indian River County, FL | $7M | 0.1% | 15 of 16 |
| Duval County, FL | $6M | 0.0% | 27 of 28 |
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 4 branches since 2016 (1 to 5, +400.0%). 4 opened, 0 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 1 | |||
| 2021 | Opened Jacksonville and Palm Beach | 2 | 0 | +2 | 3 |
| 2023 | Opened Vero Beach | 1 | 0 | +1 | 4 |
| 2026 through Q2 | Opened Maitland | 1 | 0 | +1 | 5 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 63% | 40% | |
| 1-4 family residential | 18% | 32% | |
| Business (C&I) | 8% | 10% | |
| Construction and land | 7% | 8% | |
| Consumer | 4% | 3% | |
| Farmland | 0% | 2% | |
| Multifamily | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 70% | 46% | |
| Noninterest-bearing | 28% | 31% | |
| Time deposits | 3% | 23% |
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 | 0.00% | 0.06% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 1.08% | 1.25% |
| Leverage ratio | 11.76% | 10.46% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Florida
Largest competitors in Brevard 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/cypress-bank-trust-melbourne-fl