The Coastal Bank in city_name, state_name - Detailed Financial Reports, Location

The Coastal Bank in Savannah, Georgia (GA)
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The Coastal Bank routing number info

The Coastal Bank - Overview

General
FDIC Certificate #: 20134
Status: Active
Federal Reserve ID: 224637
Bank Holding Company (Regulatory Top Holder): Coastal Bankshares, Inc. (RSSDID: 1083671, Location: Savannah, GA)
Date Established: December 24, 1954
WWW: http://www.thecoastalbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
FDIC's unique #: 13831
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: Febuary 12, 1970
Last Structure Change Effective Date: January 26, 2009
Last Structure Change Process Date: April 15, 2009
Last Data Update: April 15, 2009
Data Source Date: April 05, 2012
Location
Address: 18 West Bryan Street, Savannah, GA 31401
County: Chatham
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Savannah
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Savannah, GA (#7520)
Combined Statistical Area (CSA): Savannah-Hinesville-Fort Stewart, GA (#496)
Core Based Statistical Area (CBSA): Savannah, GA (#42340)
CBSA Metro Statistical Area: Savannah, GA (#42340)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Change in Location
Financial Summary
Total assets: $448.7 mil
Equity capital: $49.8 mil
Deposits held in domestic offices: $375.7 mil
Return on assets (ROA): 0.00% ($0.0 mil)
Quarterly return on assets: 0.00% ($0.0 mil)
Return on Equity (ROE): 0.03% ($0.0 mil)
Quarterly return on equity: -0.01% (-$0.0 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -0.05% (-$224.3 mil)
Quarterly Pretax return on assets: -0.04% (-$179.5 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
104Total employees (full-time equivalent)
$448,686Total assets
$29,304Cash and due from depository institutions
$27,354Interest-bearing balances
$56,811Securities
$0Federal funds sold & reverse repurchase agreements
$301,037Net loans & leases
$4,990Loan loss allowance
$0Trading account assets
$12,753Bank premises and fixed assets
$22,332Other real estate owned
$9,480Goodwill and other intangibles
$448,686Life insurance assets
$16,969All other assets
$398,857Total liabilities and capital
$375,716Total liabilities
$319,430Total deposits
$375,716Interest-bearing deposits
$93Deposits held in domestic offices
3929.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$18,000Trading liabilities
$0Other borrowed funds
$1,212Subordinated debt
$49,829All other liabilities
$49,829Total equity capital
$49,829Total bank equity capital
$0Perpetual preferred stock
$1,050Common stock
$46,374Surplus
$2,405Undivided profits
Memoranda
$0Noncurrent loans and leases
$4,119Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$20,812Income earned, not collected on loans
$0Earning assets
$1,366Long-term assets (5+ years)
$385,202Average Assets, year-to-date
$65,487Average Assets, quarterly
$437,377Volatile liabilities
$442,880Insider loans
$322,739FHLB advances
$432,067Loans and leases held for sale
$7,261Unused loan commitments
$6,001Tier 1 (core) risk-based capital
$36,927Tier 2 risk-based capital
$1,260Total risk weighted assets
$0Total unused commitments
$19,777Restructured Loans and leases
$9,516Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$19,275Total interest income
$4,335Total interest expense
$14,940Net interest income
$2,742Provision for loan and lease losses
$2,862Total noninterest income
$0Fiduciary activities
$1,171Service charges on deposit accounts
$0Trading account gains & fees
$1,691Additional noninterest income
$15,593Total noninterest expense
$7,424Salaries and employee benefits
$1,687Premises and equipment expense
$6,482Additional noninterest expense
-$533Pre-tax net operating income
$332Securities gains (losses)
-$218Applicable income taxes
$17Income before extraordinary items
$0Extraordinary gains - net
$17Net income attributable to bank
$0Net charge-offs
$17Cash dividends
$4,215Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
1.15%Cost of funding earning assets
3.97%Net interest margin
0.76%Noninterest income to earning assets
4.14%Noninterest expense to earning assets
-0.04%Net operating income to assets
0.00%Return on assets (ROA)
-0.05%Pretax return on assets
0.03%Return on equity (ROE)
0.03%Retained earnings to average equity (YTD only)
1.34%Net charge-offs to loans
65.05%Credit loss provision to net charge-offs
0.52%Efficiency ratio
86,850Assets per employee
4.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
23.98%Noncurrent assets plus other real estate owned to assets
9.62%Noncurrent loans to loans
6.80%Net loans and leases to deposits
80.12%Net loans and leases to core deposits
84.15%Equity capital to assets
11.11%Core capital (leverage) ratio
8.55%Tier 1 risk-based capital ratio
11.44%Total risk-based capital ratio
Memoranda
$13Average assets
$437,377Average earning assets
$49,573Average equity
$376,580Average loans

List of branches

7 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	13831	The Coastal Bank	18 West Bryan Street, Savannah, GA 31401	December 24, 1954	Full Service Brick and Mortar
2	15280	Hinesville Branch	101 West Hendry Street, Hinesville, GA 31313	January 01, 1916	Full Service Brick and Mortar
3	253917	Stephenson Avenue Branch	412 Stephenson Avenue, Savannah, GA 31405	September 27, 1979	Full Service Brick and Mortar
4	250335	Pooler Branch	501 West Highway 80, Pooler, GA 31322	October 02, 1996	Full Service Brick and Mortar
5	365476	Rincon Branch Office	5799 Highway 21 South, Rincon, GA 31326	June 18, 2002	Full Service Brick and Mortar
6	365582	Operational Services Center Branch	605 West Highway 80, Pooler, GA 31322	October 31, 2002	Limited Service Administrative
9	478519	Godley Station Branch	140 Towne Center Boulevard, Pooler, GA 31322	June 02, 2008	Full Service Brick and Mortar

The Coastal Bank in Savannah, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Coastal Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The Coastal Bank in Savannah, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

The Coastal Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The Coastal Bank in Savannah, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches