PanAmerican BanCorp.
PABN
Other OTC0.00
USD
- -
- -
ISIN
US69829X1019
CUSIP
69829X101
Return %
Stock
S&P500
1Y
- -
26.53
3Y
900.00
76.60
5Y
-90.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 3475 Sheridan Street Hollywood FL United States of America 33021
- IPO Date
- Jan 3, 2000
- Website
- panamericanbank.com
- Similar Companies
- Business
- PanAmerican Bancorp (PABN) operates as a bank holding company that provides commercial banking services through its subsidiary PanAmerican Bank, a Florida-chartered institution with FDIC-insured deposits and Federal Reserve membership; core offerings include commercial real estate loans secured by developed properties with variable rates and balloon payments, commercial business loans such as working capital lines for inventory and receivables along with equipment and expansion financing, residential mortgages, home equity lines, automobile loans, personal installment loans, and deposit products; in November 2023 the company established a networking arrangement with Franklin National Financial Group to deliver brokerage services encompassing stock and bond trades, mutual funds, money management, asset allocation, insurance, annuities, and IRAs. Headquartered in Hauppauge, New York, with historical operations centered in Hollywood, Florida including branches in Hollywood, Boca Raton, and Miami serving Miami-Dade, Broward, and southern Palm Beach counties, the company traces its origins to 1992 when incorporated as PCM Acquisition Group to acquire what became Southern Security Bank, reorganized in 2000 and renamed following the 2001 asset purchase of PanAmerican Bank. In 2003 PanAmerican Bancorp pursued expansion via a definitive agreement to acquire approximately $40 million in loans, $65 million in deposits, and three branches from Gulf Bank of Miami for $3.8 million plus a $500,000 escrow, subject to regulatory approval amid Gulf Bank's cease-and-desist order, alongside a planned public offering of 1.5 million units to bolster capital for the transaction and elevate its legal lending limit.