FDIC Certificate #: 58899 Status: Active Federal Reserve ID: 3869123 Date Established: April 13, 2009 WWW:http://www.coastalbanknc.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 476964 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 13, 2009 Last Structure Change Effective Date: April 13, 2009 Last Structure Change Process Date: May 05, 2009 Last Data Update: May 05, 2009 Data Source Date: April 05, 2012
Location
Address: 2414 N Marine Blvd, Jacksonville, NC 28546 County: Onslow Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Raleigh Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Jacksonville, NC (#3605) Core Based Statistical Area (CBSA): Jacksonville, NC (#27340) CBSA Metro Statistical Area: Jacksonville, NC (#27340)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $57.7 mil Equity capital: $7.4 mil Deposits held in domestic offices: $50.3 mil Return on assets (ROA): -0.12% (-$0.1 mil) Quarterly return on assets: 0.53% ($0.3 mil) Return on Equity (ROE): -0.90% (-$0.1 mil) Quarterly return on equity: 4.25% ($0.3 mil) Net income: -$0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: -0.12% (-$69.3 mil) Quarterly Pretax return on assets: 0.53% ($306.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
14Total employees (full-time equivalent)
$57,727Total assets
$12,691Cash and due from depository institutions
$11,512Interest-bearing balances
$3,793Securities
$0Federal funds sold & reverse repurchase agreements
$40,777Net loans & leases
$622Loan loss allowance
$0Trading account assets
$134Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$57,727Life insurance assets
$332All other assets
$50,352Total liabilities and capital
$50,268Total liabilities
$43,277Total deposits
$50,268Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$84Subordinated debt
$7,375All other liabilities
$7,375Total equity capital
$7,375Total bank equity capital
$0Perpetual preferred stock
$4,074Common stock
$6,115Surplus
$-2,814Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$202Long-term assets (5+ years)
$56,082Average Assets, year-to-date
$3,679Average Assets, quarterly
$55,928Volatile liabilities
$58,478Insider loans
$45,021FHLB advances
$58,611Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,369Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,371Restructured Loans and leases
$4,515Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,499Total interest income
$574Total interest expense
$1,925Net interest income
$91Provision for loan and lease losses
$52Total noninterest income
$0Fiduciary activities
$19Service charges on deposit accounts
$0Trading account gains & fees
$33Additional noninterest income
$1,952Total noninterest expense
$1,066Salaries and employee benefits
$256Premises and equipment expense
$630Additional noninterest expense
-$66Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$66Income before extraordinary items
$0Extraordinary gains - net
-$66Net income attributable to bank
$0Net charge-offs
-$66Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.59%Yield on earning assets
1.05%Cost of funding earning assets
3.54%Net interest margin
0.10%Noninterest income to earning assets
3.59%Noninterest expense to earning assets
-0.12%Net operating income to assets
-0.12%Return on assets (ROA)
-0.12%Pretax return on assets
-0.90%Return on equity (ROE)
-0.90%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
98,735Assets per employee
4.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
81.12%Net loans and leases to core deposits
85.23%Equity capital to assets
12.78%Core capital (leverage) ratio
12.57%Tier 1 risk-based capital ratio
16.37%Total risk-based capital ratio
Memoranda
$18Average assets
$55,928Average earning assets
$7,357Average equity
$54,443Average loans
List of branches
1 North Carolina Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
476964
Coastal Bank & Trust
2414 N Marine Blvd, Jacksonville, NC 28546
April 13, 2009
Full Service Brick and Mortar
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