# SOUTHCOAST COMMUNITY BANK
MOUNT PLEASANT, SC · FDIC certificate 34774 · asset band $300M-1B · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (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 | $473.3M | |
| Deposits | $342.3M | |
| Loans and leases | $382.1M | |
| Total equity | $55.6M | |
| Loans / deposits | 110.34% (p96 of band) | 82.54% |
| Liquid assets / assets | 12.24% (p11 of band) | |
| Uninsured deposits / deposits | 21.59% (p55 of band) | 20.09% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 15.50% (p84 of band) | |
| FHLB advances / assets | 15.21% | |
| Tier 1 leverage | 11.85% (p78 of band) | 10.14% |
| Unrealized securities loss / equity | -1.79% (p2 of band) | 1.64% |
| AOCI / equity | 0.19% (p25 of band) | |
| ROA (annualized) | 1.53% (p85 of band) | 0.90% |
| Net interest margin | 3.61% (p52 of band) | 3.59% |
| Efficiency ratio | 64.18% (p35 of band) | |
| Noncurrent loans | 0.80% (p54 of band) | 0.70% |
| Net charge-offs (annualized) | -0.10% (p5 of band) | |
| Reserve coverage of noncurrent | 144.81% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 59.02% (p68 of band) | |
| Auto loans | $121,000 (0.03% of loans; DQ 37.19%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | -4.8% | |
| Employees | 82 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | brokered >10%, wholesale funding >15%, losing money, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 5 | expense ratio p90 | brokered >10%, charge-offs p90 |
| 2011-09 | 6 | charge-offs p90 |  |
| 2011-12 | 6 |  |  |
| 2012-03 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving | losing money, construction >100% equity, expense ratio p90 |
| 2012-06 | 4 |  | deposits shrinking, assets shrinking |
| 2012-09 | 4 |  |  |
| 2012-12 | 2 |  | charge-offs p90, uninsured deposits leaving |
| 2013-03 | 2 |  |  |
| 2013-06 | 1 |  | wholesale funding >15% |
| 2013-09 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2013-12 | 4 | charge-offs p90 |  |
| 2014-03 | 2 |  | loans exceed deposits, charge-offs p90 |
| 2014-06 | 3 | loans exceed deposits |  |
| 2014-09 | 3 |  |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 2 |  | reserve under noncurrent |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |

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

- 2017-10-17 [BNC Bancorp Completes Merger With Southcoast Financial Corporation - PR Newswire](https://news.google.com/rss/articles/CBMivwFBVV95cUxPSC1jSE0wbmdfMXVLZG9KcHJZblY1R1ZsTDlnbkgzZTFmYk9yUzBIMzVuNnhuZ1IzdTBVRXhpMUNDYVhZQlhSN21KQkxEN2l2UjVVUzF6QXlyNjgzMURkMFBFWWN0V0hpa2toTHdTdVlBdTZJOHpQNGxXVzFwNml5dXY2S1UyR04tazdDcGJ4S09ja2xpVU40ZmRzY19adXBQXzJoUGpwLTY1bWFlZGhadHJ2QVJLSHRpdm1hb3RQaw?oc=5) · PR Newswire
- 2015-08-14 [Bank of North Carolina announces plans to buy South Carolina bank - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxQTVkyaXNyNnpZWVU1cXdFaUg5UzE0Uzl3Z2tPUXd3NTdzVl84UTNsZjc1Q3RGSUlyZFNoVmhJRnhLUkxEV3R1RXN6TnA2cVQxSkk0SUMyc2RJV2RyUTBNUmRBRG8xRDlJWGFqS25aMHRWYkhPNjlfTVJrOXdET25XQXYyMGhvYjVvZ1A2aHdtTnlRSjZKbGtySEpSTjNLQ2NP?oc=5) · The Business Journals
- 2022-06-28 [Mount Pleasant Headquarters Next Step in Beacon Bank’s Charleston-Focused Growth - Greenville Business Magazine](https://news.google.com/rss/articles/CBMiygFBVV95cUxPMmw3N0FnWm9fTG9UUE5SZmZ1U1RjcTBpSUFKNXdDZmtkal9Ramc2d2tMZDFKS1ZqQkIxdHhsUWtyejhQWE40bThwY0xQQ1JqYjRHUEFOSVkyWS1JTWtWOTVpWXQzN2VYanQwRlBUS1hkTjdHZmRKcnRUejhjN0Rkc3gtNEhlMWwwYzhTemEzbnhTeXpIRHduVjhNOElBWW5BTEFOdlZKc2RiaUtJSnBENnJKdHNJa0VibFJkYUVBVGdtT0o5QTh4cG5R?oc=5) · Greenville Business Magazine
- 2017-06-08 [Auto dealer Tommy Baker starting a new bank, Charleston's first in 10 years - Post and Courier](https://news.google.com/rss/articles/CBMi9gFBVV95cUxQS3BvbjBaZjdzaVF6SGw1aVRIcEVzRHVPX0VnWUlOd2tPWExBRElEOVBfSkRwc0IwZWtKQUFUNHBiWXpSVXY2ck96YzlIaTBXajRPZy1NdEhFeHdpRnMzTXpZX1A3SzZqMzU4RmRrU1UwdXVHWDZGZHNDS3FqTXJTalVuSjJCWWtaVFpsc1FCcVpZcDhzQ2ZpcDZoT2hnYWU0cG9xN2hYMkFraFFOTUJVdVpLRkRvN05qc3RlWk5wbDZtS3pvWVZDM00tdEFib2RxdVlfdzRQUGNKX2NHRk4tNjZfY2lQWVI4VWg2M2Q5VzRFSVpBU2c?oc=5) · Post and Courier
- 2023-11-26 [SC's 1st new bank in years makes HQ move to Mount Pleasant - Post and Courier](https://news.google.com/rss/articles/CBMi9wFBVV95cUxPYzJRQjBRLWZ3Q2JVaUptLWFhRmFUV3lBWkhRakNsVWNDUE1qVldxckp1NW5Cb0xSRERXVE1HVHJyOVlWWVVvaTA0OTdrZ2F1aC1hbEpmcmFNdEtaNXl1MnZGSlpicWZ0SGNIQm5ocndxVV9xeU1qaVR4dXhVYzU2UkhWY3Y0LTI3UXhoa3l0bkJFMEctLXAwTVhRaHBNN0wydzhseEJzYmJZOS1CMlBLTVdDRFhGcTc2REEwcUhPM3B0OUkzcndMU2g0eEczZlUtT2JvUWV3bUxSVndyN29vb0dsanRkbWN6VGJmVWdpVHBXVkZMdFVZ?oc=5) · Post and Courier
- 2015-08-17 [Bank of North Carolina CEO sees payoff from acquisition of Southcoast Community Bank - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQcE8tSXdTcG56YTBhZTRiMzJienRGNHFRd3doOU5HQ3FIclVwa3YxT1NGT2xmV2NZbHdPZkduaHM5bEFKaUlCQ3k1RTFUZ0hRVnVQRDVMM0FVVkNfLTRGYkpOQmpaRVAycmpYbVliS25zQXNWQnZ6N2llZzRabmJIWnlySXY5aDB3U1ZWTHNHdDJOZXhkNWJJbExDaE9WZ3NsRTF5aWVhVDVWQU9GRnow?oc=5) · The Business Journals
- 2021-04-27 [On business: It's debutante season for South Carolina's 1st new bank in 9 years - Post and Courier](https://news.google.com/rss/articles/CBMi-gFBVV95cUxQWkcxYmttNEprRnRJLXhTbjVvaktTNHhBQ21PbE9DX0UtckdHSWZGSzNpb0hBU01fS2NueWZramlMMVpVSmtUbF8wcEY2bVRDQVVBQWMxYnpjY1hyb2ZlQ01STl9wbFpsVWpIUTJmeFhuYXNpZ2k3QlRSTkFwWFk0Q2hpZjRhWjVWRmRnVkYxTGdjcy1zamhkeXVGYkdoUnJULVB3WEtkWTJ2eGJCNE10eWFyaEFIVmpLSGJGT0RNMmJYTnlBZ0FXNF9SaGQtNmdsa3dwejFpdXp4Y21uNGN4MWgyaElZS2ZycGJRR0xtTW1vT3R4dGFxbkVn?oc=5) · Post and Courier
- 2020-08-19 [Leanne Rose joins Pinnacle Financial Partners - Post and Courier](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOVWoyUnZJTkxJV1pjczQ0d0prQjNNazZneV9yRmE0Zkw2MXVObElyMjZ3aWdHYWVqTXhLZTl2WXlONEdrd0FzV2xWSjlZd1Z5Q0dVa2hqeVV6MjhjZ1NHWm1mSWtqOUN2NzFocGNETFBKVUlKd1B5emtLSGdPaURQZVp6aDMtejRycVEyOVgzekdEeWZhanZpVWxac3J5V0lTTWp0SUdvNkh6ci1HbVo4WC1BWG0tRWp6WmtBTUpsUlQ4ZlNzckctTlctc19SejVVd0h0eWZfZVpBSjdyNlo3Y3h2cF9SYjZlSkE?oc=5) · Post and Courier

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34774 (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/22.json (key "34774", 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.

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