MIAMI, August 02, 2025 — Ocean Bank announced today total assets reached $7.25 billion at the second quarter ended June 30, an 8 percent increase from year-end 2024 and 13 percent above the second quarter of 2024.
Total loans grew to $5.69 billion and deposits to $6.13 billion on June 30.
“I am extremely proud of and grateful to the Ocean Bank team for their work that raised the bank past the $7 billion milestone in assets,” said Agostinho Alfonso Macedo, President Chairman and CEO of Ocean Bank.
“We continue to show strong results in all areas, with net interest income of $112 million and revenue of $127 million year-to-date. Our net income of $30.4 million during the six months brought stockholder’s equity to $668.4 million and our Tier 1 capital ratio to 9.64 percent.”