Overview / Commentary
Coastal Community Bank is headquartered in EVERETT and is the 6th largest bank in the state of Washington. It is also the 332nd largest bank in the nation. It was established in 1997 and as of June of 2024, it had grown to 480 employees at 14 locations. Coastal Community Bank has an A health rating.
Reviews (2)
Great Local Bank
Posted by: dlclark777 | Jan 1, 2021
One on one friendly service. Bankers immediately available, not a "fast food" bank.
Average Bank
Posted by: Wonderdawg72 | Aug 30, 2023
I've been a customer of Coastal for 23 years and they used to be a great bank. I would have to say over the last 5 or so years they have lost that local small town feel. Probably time to move on
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34403 |
| Year Established | 1997 |
| Employees | 480 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.03% |
| Return on Equity - YTD | 11.5% |
| Annual Interest Income | $188MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $3.96B$3.53B |
| Loans | Q2 2024vs Q2 2023 | $3.18B$2.93B |
| Deposits | Q2 2024vs Q2 2023 | $3.55B$3.17B |
| Equity Capital | Q2 2024vs Q2 2023 | $355.7MM$310.1MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $147.9MM$110.8MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $53.2MM$33.7MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
