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5 Bow Circle
Hilton Head Island, SC 29928

CoastalStates Bank is headquartered in Hilton Head Isla and is the 21st largest bank in the state of South Carolina. It is also the 1,760th largest bank in the nation. It was established in 2004 and as of March of 2014, it had grown to 182 employees at 5 locations. CoastalStates Bank has a C health rating.

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Reviews (1)

Mortgage Payments

Our mortgage was sold to this bank and we've been dealing with them for only two months. Suffice it to say, we have already encountered uninformed, unhelpful, rude, terse and nonchalance when dealing with our questions/concerns about our mortgage payments from bank personnel. We have earmarked on each of these 2 payments where we would like our excess money to be sent. Each time it has been misapplied and it has been up to us to call to get it moved to the correct designation. If this is what we have to look forward to for the duration of the time we are under CoastalStates Bank, then we will be extremely unhappy. On top of that, there's no coupon book!!

Unhappy but hopeful customer


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 CoastalStates Bank had $20.38 million in non-current loans and owned real-estate with $37.81 million in equity and loan loss allowances on hand to cover it. This gives CoastalStates Bank a Texas Ratio of 53.91% 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 CoastalStates Bank decreased slightly from 60.27% as of March 31, 2013 to 53.91% as of March 31, 2014, resulting in a positive change of 10.55%.This indicates that the balance sheet and financial strength for CoastalStates Bank has improved slightly in recent periods.

Deposit Growth


In the past year, CoastalStates Bank has decreased its total deposits by -$35.94 million, resulting in -10.87% 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 CoastalStates Bank has shown is poor.



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. CoastalStates Bank has $375.82 million in assets with $37.81 million in equity, resulting in a capitalization level of 10.06%, which is above average.

Institution Statistics

FDIC Certificate #57756
Year Established2004
Primary RegulatorFDIC
Assets and Liabilities
Assets$375.83 million
Loans$245.09 million
Deposits$294.84 million
Equity Capital$34.35 million
Loan Loss Allowance$3.46 million
Unbacked Noncurrent Loans$11.17 million
Real Estate Owned$9.22 million
Historic Data - March 2013
Assets$417.28 million
Equity Capital$35.55 million
Loan Loss Allowance$4.21 million
Unbacked Noncurrent Loans$11.17 million
Real Estate Owned$12.24 million
Profit Margin - Quarterly
Net Interest Margin3.1%
Return on Assets-0.94%
Return on Equity-10.13%
Interest Income$3.04 million

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CoastalStates Bank Locations
Sun City Branch30 William Pope DriveBluffton, SC 29909
Coastalstates Bank5 Bow CircleHilton Head Island, SC 29928
Bluffton Village Branch7 Thurmond WayBluffton, SC 29910
Main Street Branch98 Main StreetHilton Head Island, SC 29926