Coast Commercial Bank in Santa Cruz, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 02, 2004

  • Coast Commercial Bank in Santa Cruz, California (CA)
  • Show street view No street view available for this location

Coast Commercial Bank - Overview

  • General
  • FDIC Certificate #: 23681
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Greater Bay Bank, National Association (#27068)
    Federal Reserve ID: 172363
    Date Established: Febuary 17, 1982
    WWW: http://www.coastcommercialbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    OTS Docket #: 10160
    FDIC's unique #: 16568
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 17, 1982
    Last Structure Change Effective Date: Febuary 02, 2004
    Last Structure Change Process Date: Febuary 24, 2004
    Last Data Update: Febuary 24, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 720 Front Street, Santa Cruz, CA 95060
    County: Santa Cruz
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Santa Cruz-Watsonville, CA (#7485)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): Santa Cruz-Watsonville, CA (#42100)
    CBSA Metro Statistical Area: Santa Cruz-Watsonville, CA (#42100)
  • Financial Summary
  • Total assets: $605.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2003)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $605,111Total assets
  • $20,136Cash and due from depository institutions
  • $20Interest-bearing balances
  • $230,325Securities
  • $94,000Federal funds sold & reverse repurchase agreements
  • $231,481Net loans & leases
  • $4,830Loan loss allowance
  • $0Trading account assets
  • $1,439Bank premises and fixed assets
  • $0Other real estate owned
  • $1,037Goodwill and other intangibles
  • $0Life insurance assets
  • $26,693All other assets
  • $605,111Total liabilities and capital
  • $566,372Total liabilities
  • $442,188Total deposits
  • $405,383Interest-bearing deposits
  • $442,188Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $105,526Other borrowed funds
  • $0Subordinated debt
  • $18,658All other liabilities
  • $38,739Total equity capital
  • $38,739Total bank equity capital
  • $38,739Perpetual preferred stock
  • $0Common stock
  • $11,668Surplus
  • $0Undivided profits
  • Memoranda
  • $27,071Noncurrent loans and leases
  • $83,042Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,092Earning assets
  • $902Long-term assets (5+ years)
  • $2,384Average Assets, year-to-date
  • $555,826Average Assets, quarterly
  • $128,945Volatile liabilities
  • $595,027Insider loans
  • $598,914FHLB advances
  • $174,768Loans and leases held for sale
  • $43Unused loan commitments
  • $105,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,740Total risk weighted assets
  • $83,042Total unused commitments
  • $0Restructured Loans and leases
  • $6,967Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $25,976Total interest income
  • $6,326Total interest expense
  • $19,650Net interest income
  • $221Provision for loan and lease losses
  • $3,909Total noninterest income
  • $0Fiduciary activities
  • $1,228Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,681Additional noninterest income
  • $17,632Total noninterest expense
  • $3,363Salaries and employee benefits
  • $2,176Premises and equipment expense
  • $12,093Additional noninterest expense
  • $5,706Pre-tax net operating income
  • $889Securities gains (losses)
  • $2,460Applicable income taxes
  • $4,135Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,135Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $377Sale, conversion, retirement of capital stock, net
  • $2,626Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.25%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 10.66%Return on equity (ROE)
  • 3.89%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 58.62%Credit loss provision to net charge-offs
  • 15.72%Efficiency ratio
  • 73,186Assets per employee
  • 9.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.51%Loss allowance to loans
  • 2.04%Loss allowance to noncurrent loans
  • 230.88%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 52.35%Net loans and leases to core deposits
  • 67.50%Equity capital to assets
  • 6.40%Core capital (leverage) ratio
  • 7.58%Tier 1 risk-based capital ratio
  • 13.65%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $595,027Average earning assets
  • $38,775Average equity
  • $542,999Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Coast Commercial Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents