Coastal Community Bank

Coastal Community Bank is headquartered in Everett and is the 33^rd largest bank in the state of Washington. It is also the 2,272^nd largest bank in the nation. It was established in 1997 and as of September of 2011, it had grown to 76 employees at 8 locations. Coastal Community Bank has a 3-star health rating.

Coastal Community Bank Routing Number: 125108405

Related Posts

Coastal Community Bank Checking Account Rates

Coastal Community Bank Savings Account Rates

Coastal Community Bank Money Market Rates

Data for Q3 2011

Institution Statistics Coastal Community Bank FDIC Certificate # 34403 BankRate Report View Year Established 1997 Employees 76 Primary Regulator FED Assets and Liabilities Assets $283.38 million Loans $209.16 million Deposits $250.91 million Equity Capital $24.58 million Loan Loss Allowance $3.49 million Unbacked Noncurrent Loans $3.58 million Real Estate Owned $6.27 million Historic Data - September 2010 Assets $241.46 million Equity Capital $19.67 million Loan Loss Allowance $4.87 million Unbacked Noncurrent Loans $8.30 million Real Estate Owned $4.33 million Profit Margin - Quarterly Net Interest Margin 3.98% Return on Assets -0.19% Return on Equity -2.15% Interest Income $8.60 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Coastal Community Bank had $9.85 million in non-current loans and owned real-estate with $28.07 million in equity and loan loss allowances on hand to cover it. This gives Coastal Community Bank a Texas Ratio of 35.10% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Coastal Community Bank decreased slightly from 51.47% as of September 30, 2010 to 35.10% as of September 30, 2011, resulting in a positive change of 31.80%.This indicates that the balance sheet and financial strength for Coastal Community Bank has improved slightly in recent periods. Deposit Growth In the past year, Coastal Community Bank has increased its total deposits by $39.79 million, resulting in 18.85% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Coastal Community Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Coastal Community Bank has $283.38 million in assets with $28.07 million in equity, resulting in a capitalization level of 9.90%, which is average.

No reviews have been left for this bank yet. Be the first to review.