Oregon Coast Bank in Newport, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches


Oregon Coast Bank - Overview

  • General
  • FDIC Certificate #: 57373
    Status: Active
    Federal Reserve ID: 3125557
    Bank Holding Company (Regulatory Top Holder): Oregon Coast Bancshares, Inc. (RSSDID: 3392881, Location: Newport, OR)
    Date Established: July 08, 2002
    WWW: http://www.oregoncoastbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 362753
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 08, 2002
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 909 Se Bay Boulevard, Newport, OR 97365
    County: Lincoln
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Portland
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $164.7 mil
    Equity capital: $16.4 mil
    Deposits held in domestic offices: $147.6 mil
    Return on assets (ROA): 1.39% ($2.3 mil)
    Quarterly return on assets: 0.79% ($1.3 mil)
    Return on Equity (ROE): 15.46% ($2.5 mil)
    Quarterly return on equity: 8.84% ($1.4 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.39% ($2,289.5 mil)
    Quarterly Pretax return on assets: 0.79% ($1,301.2 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
  • 40Total employees (full-time equivalent)
  • $164,710Total assets
  • $4,903Cash and due from depository institutions
  • $1,618Interest-bearing balances
  • $79,250Securities
  • $1,445Federal funds sold & reverse repurchase agreements
  • $70,217Net loans & leases
  • $1,399Loan loss allowance
  • $0Trading account assets
  • $5,625Bank premises and fixed assets
  • $1,272Other real estate owned
  • $0Goodwill and other intangibles
  • $164,710Life insurance assets
  • $1,998All other assets
  • $148,309Total liabilities and capital
  • $147,584Total liabilities
  • $122,077Total deposits
  • $147,584Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 637.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $88Subordinated debt
  • $16,401All other liabilities
  • $16,401Total equity capital
  • $16,401Total bank equity capital
  • $0Perpetual preferred stock
  • $1,189Common stock
  • $8,814Surplus
  • $6,398Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $103Income earned, not collected on loans
  • $0Earning assets
  • $877Long-term assets (5+ years)
  • $152,530Average Assets, year-to-date
  • $57,466Average Assets, quarterly
  • $158,444Volatile liabilities
  • $168,111Insider loans
  • $109,629FHLB advances
  • $169,465Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,492Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,193Restructured Loans and leases
  • $5,835Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,466Total interest income
  • $1,018Total interest expense
  • $6,448Net interest income
  • $115Provision for loan and lease losses
  • $543Total noninterest income
  • $0Fiduciary activities
  • $179Service charges on deposit accounts
  • $0Trading account gains & fees
  • $364Additional noninterest income
  • $4,795Total noninterest expense
  • $2,468Salaries and employee benefits
  • $624Premises and equipment expense
  • $1,703Additional noninterest expense
  • $2,081Pre-tax net operating income
  • $118Securities gains (losses)
  • $0Applicable income taxes
  • $2,199Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,199Net income attributable to bank
  • $0Net charge-offs
  • $2,199Cash dividends
  • $19Sale, conversion, retirement of capital stock, net
  • $670Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 0.69%Cost of funding earning assets
  • 4.39%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 3.26%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 15.46%Return on equity (ROE)
  • 10.75%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 605.26%Credit loss provision to net charge-offs
  • 115.58%Efficiency ratio
  • 68,588Assets per employee
  • 4.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.47%Loss allowance to loans
  • 1.95%Loss allowance to noncurrent loans
  • 1358.25%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 47.58%Net loans and leases to core deposits
  • 48.91%Equity capital to assets
  • 9.96%Core capital (leverage) ratio
  • 9.73%Tier 1 risk-based capital ratio
  • 15.04%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $158,444Average earning assets
  • $14,223Average equity
  • $146,878Average loans

List of branches

  • 5 Oregon Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0362753Oregon Coast Bank909 Se Bay Boulevard, Newport, OR 97365July 08, 2002Full Service Brick and Mortar
    1445639Pacific City Branch35940 Airport Way, Pacific City, OR 97135April 12, 2004Full Service Brick and Mortar
    2451132Lincoln City Branch1298 Sw Harbor Ave, Lincoln City, OR 97367May 01, 2006Full Service Brick and Mortar
    3469969Waldport Branch285 Nw Maple Street, Waldport, OR 97394December 19, 2007Full Service Brick and Mortar
    4510444Toledo Branch305 Nw First St, Toledo, OR 97391January 11, 2010Full Service Brick and Mortar

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