Community Bank, Coast in Biloxi, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Community Bank, Coast in Biloxi, Mississippi (MS)
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Community Bank, Coast - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Office Purchased
  • Financial Summary
  • Total 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
  • 97Total employees (full-time equivalent)
  • $389,720Total assets
  • $39,946Cash and due from depository institutions
  • $31,906Interest-bearing balances
  • $33,663Securities
  • $6,077Federal funds sold & reverse repurchase agreements
  • $276,079Net loans & leases
  • $5,110Loan loss allowance
  • $0Trading account assets
  • $10,036Bank premises and fixed assets
  • $5,939Other real estate owned
  • $1,359Goodwill and other intangibles
  • $389,720Life insurance assets
  • $16,621All other assets
  • $352,362Total liabilities and capital
  • $343,193Total liabilities
  • $295,300Total deposits
  • $343,193Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,629Trading liabilities
  • $0Other borrowed funds
  • $2,540Subordinated debt
  • $37,358All other liabilities
  • $37,358Total equity capital
  • $37,358Total bank equity capital
  • $0Perpetual preferred stock
  • $1,080Common stock
  • $21,072Surplus
  • $15,206Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,954Income earned, not collected on loans
  • $0Earning assets
  • $1,165Long-term assets (5+ years)
  • $347,725Average Assets, year-to-date
  • $51,790Average Assets, quarterly
  • $398,791Volatile liabilities
  • $391,992Insider loans
  • $275,747FHLB advances
  • $389,111Loans and leases held for sale
  • $6,978Unused loan commitments
  • $6,978Tier 1 (core) risk-based capital
  • $35,946Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,495Restructured Loans and leases
  • $864Derivatives

Income and Expense (December 31, 2011)

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

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.45%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.76%Noninterest expense to earning assets
  • 0.26%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.39%Pretax return on assets
  • 2.82%Return on equity (ROE)
  • 2.82%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 113.92%Credit loss provision to net charge-offs
  • 1.72%Efficiency ratio
  • 74,218Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 172.99%Noncurrent assets plus other real estate owned to assets
  • 2.28%Noncurrent loans to loans
  • 1.05%Net loans and leases to deposits
  • 80.44%Net loans and leases to core deposits
  • 92.49%Equity capital to assets
  • 9.59%Core capital (leverage) ratio
  • 9.24%Tier 1 risk-based capital ratio
  • 13.04%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $398,791Average earning assets
  • $36,577Average equity
  • $352,303Average loans

List of branches

  • 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

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