# SOUTH COASTAL BANK
ROCKLAND, MA · FDIC certificate 23345 · asset band <$300M · latest filing 2013-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $295.0M | |
| Deposits | $221.5M | |
| Loans and leases | $250.6M | |
| Total equity | $20.6M | |
| Loans / deposits | 111.66% (p99 of band) | 68.67% |
| Liquid assets / assets | 9.70% (p2 of band) | |
| Uninsured deposits / deposits | 30.21% (p94 of band) | 11.61% |
| Brokered deposits | 3.39% | |
| Wholesale funding | 19.36% (p96 of band) | |
| FHLB advances / assets | 15.97% | |
| Tier 1 leverage | 6.85% (p4 of band) | 10.18% |
| Unrealized securities loss / equity | -1.13% (p38 of band) | -0.21% |
| AOCI / equity | -1.29% (p65 of band) | |
| ROA (annualized) | 0.55% (p35 of band) | 0.77% |
| Net interest margin | 3.11% (p26 of band) | 3.59% |
| Efficiency ratio | 74.48% (p51 of band) | |
| Noncurrent loans | 3.58% (p83 of band) | 1.13% |
| Net charge-offs (annualized) | 0.04% (p54 of band) | |
| Reserve coverage of noncurrent | 35.77% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 96.79% (p95 of band) | |
| Auto loans | $1,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.7% | |
| Employees | 51 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)
- **leverage <7%** (`cap_low`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | loans exceed deposits, wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  | loans exceed deposits |
| 2011-09 | 1 |  | wholesale funding >15% |
| 2011-12 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2012-03 | 5 | leverage <7%, capital falling |  |
| 2012-06 | 5 |  |  |
| 2012-09 | 5 |  |  |
| 2012-12 | 5 |  |  |
| 2013-03 | 6 | liquid assets <10% |  |
| 2013-06 | 5 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2010-07-23 [South Coastal Bank CEO Robert Fraser named board chairman - SouthCoastToday.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxPUEkwLVJwdDRQTEY5cFB3eXQ4Sl8xZjRUUnVqaEwxUFVPY1FVWHJxZjdHRlNfMzVGNlgtbU1ha3JZNm1xRW9UcXpfMVJFcUhGdHBJbmhFLTFyMEpETlBHc3FxOTNjdVZKaXZDR0t2MnBFWmNSbFU3dWRzZkx5VUlxSWN1MEU1M0l3NEFRNFkwa21Vb0Z3RkxrM3BVYi1FTGQ5dXc?oc=5) · SouthCoastToday.com
- 2009-09-29 [iBerkshires.com - iBerkshires.com](https://news.google.com/rss/articles/CBMib0FVX3lxTE1rOFJsZzc5Nk9uU1JHaDlXZGp3N1dhRXEybm9TNVMyMU9KRXRDYkZyeXBDODVFTVcyR0tubk9Od2dKcHgzOHk4TUl0aFhSOUNHalhnaUZSMEpSWFkzbmY2cmIyazVhTEplQllmZnBLRQ?oc=5) · iBerkshires.com
- 2008-07-25 [GOOD WORKS - The Patriot Ledger](https://news.google.com/rss/articles/CBMihgFBVV95cUxPc2ZuazRQTVFnVGtFbFRRcTc4ZzJMSWM5bEk0WV9EeEtSTTRCYU5yVURPQUI4RHVpTnVoZHdwcUF0ellpaXMycFpYQm15WGlGV25Jd0hXczJnSWJDNjNLSzFJU2thRDYyc0paakFJZmlCWk1nbURuaUFsczZXR1VrajA1c1B4dw?oc=5) · The Patriot Ledger
- 2013-08-21 [Man wanted in connection with Rockland bank robbery arrested - Boston 25 News](https://news.google.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?oc=5) · Boston 25 News
- 2024-05-16 [Robert M Petrie Obituary (2024) - Hingham, MA - Downing Cottage Funeral Chapel - Legacy obituary](https://news.google.com/rss/articles/CBMiggFBVV95cUxQSFk4NU4wbWlmM1M3ZXFSNmhtcV81cFpUM2tlNExjYXJVd05YcHNTSWduYnhhV01tRkVpLTlLTTJsa05oY1ZMNGt4eXBJOVllSW5laGRKVkJQeWhRcU9JQ0M5S0I3VXk3eVdoOC1PaWxidDVMTlg4ekE4Z0I2d0Qyc0Vn?oc=5) · Legacy obituary
- 2010-07-23 [O'Connor named CEO of The Community Bank - SouthCoastToday.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxQRktXdWtZamxoQjNyYkd4Z2Nsak1tSlBzbVdNLXB6bXVrVWc2U1NER0RIaU9oU0VpSWZzQ3ZXU3JCLWdHMlR0eEVzdC1tdEVtNmF3M2M4NFlkSXc5SnlLQjVKY3VKQnQ3VjNiZVhpcUZ0eGFNeS1pN0lQcEFhbUhKSWhvdndBY09sTW1NUEdVX2kwZ25OcG5wa3FIWnRmV2JK?oc=5) · SouthCoastToday.com
- 2010-05-13 [iBerkshires.com - iBerkshires.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE5IVk04clQxUDlvbjZuZzRjUlczUUpCMzI2b1ByN01LRU5WVE9CMy00OEVRaTN6SXR5WlVUSnRHSkxKZnRHY3ZvNUFBN2tpbGpqQlhnam5SWWtIallaOXhZWjFqRm5xeVlTU1AxeTVR?oc=5) · iBerkshires.com
- 2010-03-26 [Man accused of robbing bank strapped with explosives is arraigned - The Patriot Ledger](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPczU3TUpQQ0psUTVHaVRjVW5GRk9CcDRUdWJxV2N0M3lic3hPWmpvX0IyTEJFUHJEN2ZYYnhKdUxNVGtiZXVJZHBEYTBwN2d4ZjJLM2poRmJFN0FIS3dCVm8wVXNjbU9DNEtpcTYtT204ck9LTm5FUk14LUF0Q2NJVDVNdlFmeDQ2cnVaY2NhUmRkVU5rY0JJalo5QnhDUFZ0QlBNNFl6TEw?oc=5) · The Patriot Ledger

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23345 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/49.json (key "23345", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide