Oregon Coast Bank in Newport, Oregon (OR)



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Oregon Coast Bank routing number info

Table of contents:
Oregon Coast Bank
GeneralFDIC 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
LocationAddress: 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 ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)40
Total assets$164,710
Cash and due from depository institutions$4,903
Interest-bearing balances$1,618
Securities$79,250
Federal funds sold & reverse repurchase agreements$1,445
Net loans & leases$70,217
Loan loss allowance $1,399
Trading account assets$0
Bank premises and fixed assets$5,625
Other real estate owned$1,272
Goodwill and other intangibles$0
All other assets$1,998
Life insurance assets$164,710
Total liabilities and capital$148,309
Total liabilities$147,584
Total deposits$122,077
Interest-bearing deposits$147,584
Deposits held in domestic offices$83
% insured (estimated)637.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $88
All other liabilities $16,401
Total equity capital$16,401
Total bank equity capital$16,401
Perpetual preferred stock$0
Common stock$1,189
Surplus$8,814
Undivided profits $6,398
Memoranda
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 $103
Earning assets $0
Long-term assets (5+ years) $877
Average Assets, year-to-date $152,530
Average Assets, quarterly $57,466
Volatile liabilities $158,444
Insider loans $168,111
FHLB advances $109,629
Loans and leases held for sale $169,465
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $16,492
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,193
Derivatives$5,835
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,466
Total interest expense $1,018
Net interest income $6,448
Provision for loan and lease losses $115
Total noninterest income $543
Fiduciary activities $0
Service charges on deposit accounts $179
Trading account gains & fees $0
Additional noninterest income $364
Total noninterest expense $4,795
Salaries and employee benefits $2,468
Premises and equipment expense $624
Additional noninterest expense $1,703
Pre-tax net operating income $2,081
Securities gains (losses) $118
Applicable income taxes $0
Income before extraordinary items $2,199
Extraordinary gains - net $0
Net income attributable to bank $2,199
Net charge-offs $0
Cash dividends $2,199
Sale, conversion, retirement of capital stock, net $19
Net operating income $670
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.08%
Cost of funding earning assets 0.69%
Net interest margin 4.39%
Noninterest income to earning assets 0.37%
Noninterest expense to earning assets 3.26%
Net operating income to assets 1.31%
Return on assets (ROA) 1.39%
Pretax return on assets 1.39%
Return on equity (ROE) 15.46%
Retained earnings to average equity (YTD only) 10.75%
Net charge-offs to loans 0.03%
Credit loss provision to net charge-offs 605.26%
Efficiency ratio115.58%
Assets per employee$68,588
Cash dividends to net income (YTD only)4.12%
Condition Ratios (%)
Loss allowance to loans 30.47%
Loss allowance to noncurrent loans 1.95%
Noncurrent assets plus other real estate owned to assets 1358.25%
Noncurrent loans to loans 0.83%
Net loans and leases to deposits0.14%
Net loans and leases to core deposits 47.58%
Equity capital to assets 48.91%
Core capital (leverage) ratio 9.96%
Tier 1 risk-based capital ratio 9.73%
Total risk-based capital ratio 15.04%
Memoranda
Average assets$16
Average earning assets$158,444
Average equity $14,223
Average loans $146,878
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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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