# COASTAL BANK
COCOA BEACH, FL · FDIC certificate 34898 · asset band <$300M · latest filing 2011-03 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (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 | $129.4M | |
| Deposits | $124.0M | |
| Loans and leases | $91.6M | |
| Total equity | $5.4M | |
| Loans / deposits | 70.64% (p49 of band) | 70.88% |
| Liquid assets / assets | 20.42% (p19 of band) | |
| Uninsured deposits / deposits | 5.80% (p37 of band) | 7.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p16 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 1.06% (p0 of band) | 9.71% |
| Unrealized securities loss / equity | 0.00% (p31 of band) | 0.79% |
| AOCI / equity | 0.00% (p40 of band) | |
| ROA (annualized) | -4.18% (p2 of band) | 0.66% |
| Net interest margin | 2.79% (p9 of band) | 3.79% |
| Efficiency ratio | 377.68% (p100 of band) | |
| Noncurrent loans | 15.71% (p99 of band) | 1.53% |
| Net charge-offs (annualized) | 4.24% (p99 of band) | |
| Reserve coverage of noncurrent | 27.81% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 265.67% (p99 of band) | |
| Auto loans | $25,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (– of equity) | |
| Deposits YoY | – | |
| Employees | 27 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2023-08-30 [Rocky Mount’s Providence Bank to acquire Coastal Bank & Trust - Business North Carolina](https://news.google.com/rss/articles/CBMiigFBVV95cUxNc0VWSzNFQUVBd2ZJRk8yX3VpMGhrU21Za3AwQTBCZjlfbHlHTzdvcWlKZWxWejcweGVqQ2Uyb2lUY0xkdEt2OEh6QmhhWnk2OGlVS0NnanlIbm9EMG5FN1ZvbTdNNXVDenlhRUoyaFd3Y0RUR0VpN1pnZkFIM1ROOE5qWTFuN1dTeVE?oc=5) · Business North Carolina
- 2014-03-13 [Bankers group hopes to do its bit for community - nwfdailynews.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxQSlJEUEdEM1Y0TXJLbFBpd2tVM3NUWnE2cVk5bTNBVWR5V1FEbnVVNDlRYTVBNlZLSzRjT1k4T0dXcmtCckpzYmRxMmh5MGRDWE1IMUFyWUxYYkZWWmVFUjc3eHRBQ2JHYWI2dEhxWDlUdE1FczRUdFhDd2dXMlNxR3Z3?oc=5) · nwfdailynews.com
- 2009-07-07 [Taylor retires from Synovus after 35 years of service - WTVM.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNMHA4V2M4TUhBeExYVzgwMUtfZkNEQU5DUDBpak5BcVVkQ2t5OFZNcDItN254blk3TDE2eFhKc05La09qblpJeDF3WDRwdm00R2lIN1ZzRkF3YWc4Rldoa2hfaW5RMU9heDNaWlVHY05DSmpLUmwxeE81dmI2eWFwQWVRZXQtQzRpRnYxWGdMRWd1NnNr0gGnAUFVX3lxTFBDVFc4WVMzX0JIOFFmUDdjdEJMRmR5UEdncE5iSUV1ZVZncFZkY0tvY3JUS3lKZ1VZMmplWEMwOHhSd0t5anRhT0pYWDI1ZFZHQ3pnR25sNmpXSVF4V0QyNWNBTTRLUHNKa19CTWxCRGRRdGFFNE05Z3QtTXgzZUtBY2dIRk1OWFBmS0l2QlBnZVE0amhDMF9sRU5ZRGFXZGIzVGIwczlB?oc=5) · WTVM.com
- 2024-01-24 [Amid climate change, coastal living comes at an ever-rising cost - Plymouth Independent](https://news.google.com/rss/articles/CBMioAFBVV95cUxNcjkwTDZLQTh5QjVEUzdoMGpIR0pTVHRNcm9NQ0dNckJxQk5JcXhNU1BNNDJSTmgxOERMbkpUMG96clRrRi1Ib1hlTE1JbXVRSTFjLUl5bzlPY3RaUHJOenBQWDBuUFRzR3FWbHNGazNnUHVNblk3Y2ZaS0NNcy1qVkMza0NRU2p3Y1RyLUFXUVJWNlVlOWR6NENyenFVZGZQ?oc=5) · Plymouth Independent
- 2021-11-29 [Ameris Bank completes merger with Jacksonville Bank and parent company - The Florida Times-Union](https://news.google.com/rss/articles/CBMizgFBVV95cUxPdkQ1eUU5RTlPSFQwYnZRc1R1SGxHM1hxUi1vQm1zQlRuaHNGZnZwTDFMaFJyeUFiVzNrXzRiUWhyMGdUMGxyZEhkdkdQVzg1aXkxS01zelBTS3luN0tybl85cVVqUnVqVXVJMzFlbThWU0psT3JleHBQNkNxSFVtZG9yWXpmM21XeTBoSjhwdWNlMEsxQVlIVFdzX3Y2RUdBTENaaWtQM012UERvbU1yTGdiNVhxXzVsam9nQkhyMUNWaDdPZVd2MmdMV1FMUQ?oc=5) · The Florida Times-Union
- 2012-02-11 [Douglas increases leadership - Online Athens](https://news.google.com/rss/articles/CBMinAFBVV95cUxNcXNud3FJb0gyb19WM3ZkNzkwWG5tQTVtUnQtUFZ1N0d2T2hhcnJWck9KNHpZUTFOcHFzYVo1MzJGaHVXaHB5RGQ3b2NFWC1jUGRfMmx4aHhBdnRwQktaZUFUbkZsaTJOYWctX3kwZE5NUU5sSGRwczVCX3ljZGtnNkE2WV9MMFNybE1EMGZ5OUNpdkc4c250R2dUS1Q?oc=5) · Online Athens
- 2015-06-12 [2015 Leadership Okaloosa graduates 32 community leaders - The Destin Log](https://news.google.com/rss/articles/CBMigwFBVV95cUxQMUNKS21sT2tjTnlORU12V0NERHhHSXN2T1g3X2g0RHZhWEcydFJyTWNRRGpvVFlCZzUwSnBfQVE1TnN2OEN1YVkyVVJuRlE0a0V4Vm00MzBlZi04Z180VnhQS0wyYUkxQ0pzUm9XaVpCQkFlN3gxcmRqak5wSFNUNHFGQQ?oc=5) · The Destin Log

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34898 (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/18.json (key "34898", 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