Coastal Bank & Trust in Jacksonville, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches


Coastal Bank & Trust - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    0476964Coastal Bank & Trust2414 N Marine Blvd, Jacksonville, NC 28546April 13, 2009Full Service Brick and Mortar

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