Edison National Bank

Established in 1997

About Edison National Bank

Edison National Bank was established on 1997. The bank's headquarters are located at 13000 South Cleveland Avenue in Fort Myers, Florida.

Edison National Bank is an FDIC insured bank with FDIC number 34489 managing assets to the value of $419,590 as of 12/31/2020.

Edison National Bank has a Texas ratio of 0.00%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

0.00%
Texas Ratio
FDIC Certificate #

34489

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $419,590
Equity Capital $32,141
Total Deposits $371,915
Total Liabilities $387,449
Total Securities $26,345
Net Loans And Leases $152,860
Loan Loss Allowance $2,121
Total Loans And Leases $154,981
YTD (as of 12/31/2020)
Return On Assets 0.86%
Return On Equity 10.83%
Total Interest Income $10,554
Total Interest Expense $235
Total Non Interest Income $889
Total Non Interest Expense $8,046

Headquarters

13000 South Cleveland Avenue 33907, Fort Myers

Edison National Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $154,981 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Edison National Bank Mortgage Loans Profile

Classic Bank

73.68%

Application Approval Rate

Classic Bank

$527,143

Average Mortgage Loan Amount

Classic Bank

19

Number of Loan Applications

Classic Bank

$517,000

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Lee

Number of Loan Applications
13
Average Loan Amount
$572,000
Approval Rate
76.92%
Average Income of Approved Loans’ Applicants
$453,750

2 Suffolk

Number of Loan Applications
2
Average Loan Amount
$365,000
Approval Rate
50.00%
Average Income of Approved Loans’ Applicants
$1,126,000

3 Collier

Number of Loan Applications
2
Average Loan Amount
$725,000
Approval Rate
50.00%
Average Income of Approved Loans’ Applicants
$776,000

4 Hillsborough

Number of Loan Applications
1
Average Loan Amount
$305,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$155,000

5 Larimer

Number of Loan Applications
1
Average Loan Amount
$265,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

Top States by Number of Mortgage Loan Applications

1 Florida

Number of Loan Applications
16
Average Loan Amount
$562,500
Approval Rate
75.00%
Average Income of Approved Loans’ Applicants
$456,100

2 Massachusetts

Number of Loan Applications
2
Average Loan Amount
$365,000
Approval Rate
50.00%
Average Income of Approved Loans’ Applicants
$1,126,000

3 Colorado

Number of Loan Applications
1
Average Loan Amount
$265,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0