Coastal Heritage Bank is headquartered in Weymouth and is the 52nd largest bank in the state of Massachusetts. It is also the 947th largest bank in the nation. It was established in 1889 and as of December of 2019, it had grown to 142 employees at 16 locations. Coastal Heritage Bank has an A health rating.
|FDIC Certificate #||26591|
|Return on Assets - YTD||0.25%|
|Return on Equity - YTD||2.4%|
|Annual Interest Income||$32.0MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$848.4MM$324.6MM|
|Loans||Q4 2019vs Q4 2018||$714.4MM$260.0MM|
|Deposits||Q4 2019vs Q4 2018||$687.3MM$286.2MM|
|Equity Capital||Q4 2019vs Q4 2018||$88.4MM$34.5MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$3.9MM$1.5MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$4.2MM$1.6MM|
|Real Estate Owned||Q4 2019vs Q4 2018||$0$0|
Rates for Coastal Heritage Bank are currently being reviewed.