Coastal Heritage Bank is headquartered in Weymouth and is the 51st largest bank in the state of Massachusetts. It is also the 1,097th largest bank in the nation. It was established in 1889 and as of June of 2022, it had grown to 110 employees at 12 locations. Coastal Heritage Bank has a B+ health rating.
|FDIC Certificate #||26591|
|Return on Assets - YTD||0.66%|
|Return on Equity - YTD||6.06%|
|Annual Interest Income||$14.6MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$876.4MM$963.6MM|
|Loans||Q2 2022vs Q2 2021||$690.4MM$672.7MM|
|Deposits||Q2 2022vs Q2 2021||$737.1MM$835.6MM|
|Equity Capital||Q2 2022vs Q2 2021||$92.8MM$95.9MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$6.4MM$5.9MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$1.4MM$2.2MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Rates for Coastal Heritage Bank are currently being reviewed.