MidCoast Community Bank

4900 Kirkwood Highway
Wilmington, DE 19808
302-250-4344
www.midcoastbankonline.com

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MidCoast Community Bank is headquartered in Wilmington and is the 22^nd largest bank in the state of Delaware. It is also the 2,692^nd largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 27 employees at 3 locations. MidCoast Community Bank's money market rates are 25% higher than the national average, and it boasts a 5-star health rating.

MidCoast Community Bank Routing Number: 031101240

Competitive CD Rates at MidCoast Community Bank in Delaware - Local Only - 10/25/2011

MidCoast Community Bank is once again offering a top rate on its short-term CDs. The rate is 1.45% APY for terms from 6 to 12 months. Most of the longer-term CD rates are not quite as competitive. How ...

Higher Short-Term CD Rates at MidCoast Community Bank in Delaware - Local Only - 6/7/2011

MidCoast Community Bank has just made a nice bump-up in its short-term CD rates. The CDs with terms of 6 to 9 months now have a 1.35% APY. Minimum deposit is $500. These rates are listed in the bank's ...

Competitive Short-Term CD Rates at MidCoast Community Bank in Delaware - Local Only - 12/21/2010

MidCoast Community Bank is offering a very competitive rate on its short-term CDs. For terms from 6 months to 12 months the CD yield is 1.40% APY. Minimum deposit is $500. These CDs are listed at the ...

2.25% CD for Terms of 3 to 11 Months at MidCoast Community Bank - Local Only - 12/15/2009

MidCoast Community Bank is offering a very competitive rate on its short-term CDs. For terms from 3 months to 11 months the CD yield is 2.25% APY. Minimum deposit is $500. CDs are available as both personal and business accounts. These CDs are listed at...

2009

7/30 - 2.05% 7-Month CD at MidCoast Community Bank in Delaware - Local Only

2008

9/2 - 5.15% 48-Month / 4.75% 30-Month CD at a Delaware Bank (MidCoast Community)

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See Rates for: Checking | Savings | Money Market | CD | IRA

MidCoast Community Bank Checking Account Rates

	Apy	Min	Max	Product
	0.55%	$2,500	-	Gold Interest Checking

MidCoast Community Bank Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	Statement Savings
0.50%	-	-	Advantage Statement Savings
0.50%	-	-	Holiday Club
0.50%	-	-	IRA Statement Savings
0.50%	-	-	Business Statement Savings

MidCoast Community Bank Money Market Rates

Apy	Min	Max	Product
0.55%	$7,500	-	Gold Money Market Account
0.55%	$7,500	-	Business Gold Money Market Account

MidCoast Community Bank CD Rates

Apy	Min	Max	Product
1.85%	$500	-	60 Month CD
1.85%	$500	-	Business 60 Month CD
1.50%	$500	-	48 Month CD
1.50%	$500	-	Business 48 Month CD
1.10%	$500	-	36 Month CD
1.10%	$500	-	42 Month CD
1.10%	$500	-	Business 36 Month CD
1.10%	$500	-	Business 42 Month CD
0.90%	$500	-	24 Month CD
0.90%	$500	-	30 Month CD
0.90%	$500	-	Business 24 Month CD
0.90%	$500	-	Business 30 Month CD
0.70%	$500	-	18 Month CD
0.70%	$500	-	Business 18 Month CD
0.60%	$500	-	12 Month CD
0.60%	$500	-	13 Month CD
0.60%	$500	-	15 Month CD
0.60%	$500	-	Business 12 Month CD
0.60%	$500	-	Business 13 Month CD
0.60%	$500	-	Business 15 Month CD
0.50%	$500	-	6 Month CD
0.50%	$500	-	7 Month CD
0.50%	$500	-	8 Month CD
0.50%	$500	-	9 Month CD
0.50%	$500	-	10 Month CD
0.50%	$500	-	11 Month CD
0.50%	$500	-	Business 6 Month CD
0.50%	$500	-	Business 7 Month CD
0.50%	$500	-	Business 8 Month CD
0.50%	$500	-	Business 9 Month CD
0.50%	$500	-	Business 10 Month CD
0.50%	$500	-	Business 11 Month CD
0.35%	$500	-	3 Month CD
0.35%	$500	-	Business 3 Month CD

MidCoast Community Bank IRA Rates

Apy	Min	Max	Product
1.85%	$500	-	60 Month IRA
1.50%	$500	-	48 Month IRA
1.10%	$500	-	36 Month IRA
1.10%	$500	-	42 Month IRA
0.90%	$500	-	24 Month IRA
0.90%	$500	-	30 Month IRA
0.70%	$500	-	18 Month IRA
0.60%	$500	-	12 Month IRA
0.60%	$500	-	13 Month IRA
0.60%	$500	-	15 Month IRA
0.50%	$500	-	6 Month IRA
0.50%	$500	-	7 Month IRA
0.50%	$500	-	8 Month IRA
0.50%	$500	-	9 Month IRA
0.50%	$500	-	10 Month IRA
0.50%	$500	-	11 Month IRA
0.35%	$500	-	3 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

MidCoast Community Bank
FDIC Certificate #	58498
BankRate Report	View
Year Established	2007
Employees	27
Primary Regulator	FDIC
Assets and Liabilities
Assets	$238.86 million
Loans	$204.64 million
Deposits	$217.86 million
Equity Capital	$20.81 million
Loan Loss Allowance	$2.52 million
Unbacked Noncurrent Loans	$1.12 million
Real Estate Owned	$490,000
Historic Data - March 2011
Assets	$190.61 million
Equity Capital	$19.96 million
Loan Loss Allowance	$2.09 million
Unbacked Noncurrent Loans	$1.32 million
Profit Margin - Quarterly
Net Interest Margin	3.17%
Return on Assets	0.42%
Return on Equity	4.78%
Interest Income	$2.65 million

Institution Health

Overall Score:

5 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 March 31, 2012 MidCoast Community Bank had $1.61 million in non-current loans and owned real-estate with $23.32 million in equity and loan loss allowances on hand to cover it. This gives MidCoast Community Bank a Texas Ratio of 6.89% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for MidCoast Community Bank held steady from 5.96% as of March 31, 2011 to 6.89% as of March 31, 2012, resulting in a negative change of 15.46%. This indicates that the balance sheet and financial strength for MidCoast Community Bank has held steady in recent periods.
Deposit Growth
In the past year, MidCoast Community Bank has increased its total deposits by $47.34 million, resulting in 27.76% 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 MidCoast 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. MidCoast Community Bank has $238.86 million in assets with $23.32 million in equity, resulting in a capitalization level of 9.76%, which is average.