Community Bank, Coast in Biloxi, Mississippi (MS)

Show street view No street view available for this location

Community Bank, Coast routing number info

Table of contents:
Community Bank, Coast
GeneralFDIC Certificate #: 34121
Status: Active
Federal Reserve ID: 2376464
Bank Holding Company (Regulatory Top Holder): Community Bancshares Of Mississippi, Inc. Employee Stock Ownership Plan (RSSDID: 2313544, Location: Brandon, MS)
Date Established: January 22, 1996
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
FDIC's unique #: 56264
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: January 22, 1996
Last Structure Change Effective Date: December 10, 2007
Last Structure Change Process Date: January 09, 2008
Last Data Update: January 09, 2008
Data Source Date: April 05, 2012
LocationAddress: 677 Dr. Martin Luther King Jr. Boulevard, Biloxi, MS 39530
County: Harrison
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Biloxi-Gulfport-Pascagoula, MS (#920)
Combined Statistical Area (CSA): Gulfport-Biloxi-Pascagoula, MS (#274)
Core Based Statistical Area (CBSA): Gulfport-Biloxi, MS (#25060)
CBSA Metro Statistical Area: Gulfport-Biloxi, MS (#25060)
History of ChangesOffice Purchased
Financial SummaryTotal assets: $389.7 mil
Equity capital: $37.4 mil
Deposits held in domestic offices: $343.2 mil
Return on assets (ROA): 0.26% ($1.0 mil)
Quarterly return on assets: 0.42% ($1.6 mil)
Return on Equity (ROE): 2.82% ($1.0 mil)
Quarterly return on equity: 4.43% ($1.6 mil)
Net income: $1.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 0.39% ($1,519.9 mil)
Quarterly Pretax return on assets: 0.64% ($2,494.2 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)97
Total assets$389,720
Cash and due from depository institutions$39,946
Interest-bearing balances$31,906
Federal funds sold & reverse repurchase agreements$6,077
Net loans & leases$276,079
Loan loss allowance $5,110
Trading account assets$0
Bank premises and fixed assets$10,036
Other real estate owned$5,939
Goodwill and other intangibles$1,359
All other assets$16,621
Life insurance assets$389,720
Total liabilities and capital$352,362
Total liabilities$343,193
Total deposits$295,300
Interest-bearing deposits$343,193
Deposits held in domestic offices$91
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,629
Other borrowed funds $0
Subordinated debt $2,540
All other liabilities $37,358
Total equity capital$37,358
Total bank equity capital$37,358
Perpetual preferred stock$0
Common stock$1,080
Undivided profits $15,206
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,954
Earning assets $0
Long-term assets (5+ years) $1,165
Average Assets, year-to-date $347,725
Average Assets, quarterly $51,790
Volatile liabilities $398,791
Insider loans $391,992
FHLB advances $275,747
Loans and leases held for sale $389,111
Unused loan commitments $6,978
Tier 1 (core) risk-based capital $6,978
Tier 2 risk-based capital $35,946
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $14,495
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $19,194
Total interest expense $4,222
Net interest income $14,972
Provision for loan and lease losses $2,987
Total noninterest income $2,792
Fiduciary activities $0
Service charges on deposit accounts $1,460
Trading account gains & fees $0
Additional noninterest income $1,332
Total noninterest expense $13,253
Salaries and employee benefits $5,490
Premises and equipment expense $1,207
Additional noninterest expense $6,556
Pre-tax net operating income $1,524
Securities gains (losses) $12
Applicable income taxes $504
Income before extraordinary items $1,032
Extraordinary gains - net $0
Net income attributable to bank $1,032
Net charge-offs $0
Cash dividends $1,032
Sale, conversion, retirement of capital stock, net $2,622
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.45%
Cost of funding earning assets 1.20%
Net interest margin 4.25%
Noninterest income to earning assets 0.79%
Noninterest expense to earning assets 3.76%
Net operating income to assets 0.26%
Return on assets (ROA) 0.26%
Pretax return on assets 0.39%
Return on equity (ROE) 2.82%
Retained earnings to average equity (YTD only) 2.82%
Net charge-offs to loans 0.90%
Credit loss provision to net charge-offs 113.92%
Efficiency ratio1.72%
Assets per employee$74,218
Cash dividends to net income (YTD only)4.02%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.82%
Noncurrent assets plus other real estate owned to assets 172.99%
Noncurrent loans to loans 2.28%
Net loans and leases to deposits1.05%
Net loans and leases to core deposits 80.44%
Equity capital to assets 92.49%
Core capital (leverage) ratio 9.59%
Tier 1 risk-based capital ratio 9.24%
Total risk-based capital ratio 13.04%
Average assets$14
Average earning assets$398,791
Average equity $36,577
Average loans $352,303
Back to page top, Back to table top

8 Mississippi Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
056264Community Bank, Coast677 Dr. Martin Luther King Jr. Boulevard, Biloxi, MS 39530January 22, 1996Full Service Brick and Mortar
1290403Gulfport Branch2015 East Pass Road, Gulfport, MS 39506September 16, 1996Full Service Brick and Mortar
2361478Ocean Springs Branch2314 Bienville Blvd, Ocean Springs, MS 39564July 27, 2000Full Service Brick and Mortar
3424234Orange Grove Branch12036 Highway 49, Gulfport, MS 39503January 05, 2004Full Service Brick and Mortar
4448824D'iberville Branch3537 Sangani Blvd, Diberville, MS 39540Febuary 15, 2006Full Service Brick and Mortar
5250727Leakesville BranchSt. Frances Street, Leakesville, MS 39451June 08, 1981Full Service Brick and Mortar
6470100Community Bank, National Association Branch5110 Main Street, Lucedale, MS 39452December 10, 2007Full Service Brick and Mortar
7473834Pascagoula Branch3419 Market Street, Pascagoula, MS 39567April 01, 2008Full Service Brick and Mortar
Back to page top

User Contributions:

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


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