# COASTWAY COMMUNITY BANK
PROVIDENCE, RI · FDIC certificate 58937 · asset band $300M-1B · latest filing 2018-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. 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 | $842.1M | |
| Deposits | $492.7M | |
| Loans and leases | $733.0M | |
| Total equity | $68.1M | |
| Loans / deposits | 148.05% (p100 of band) | 86.40% |
| Liquid assets / assets | 6.20% (p1 of band) | |
| Uninsured deposits / deposits | 11.28% (p12 of band) | 21.53% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 32.33% (p98 of band) | |
| FHLB advances / assets | 31.92% | |
| Tier 1 leverage | 8.23% (p4 of band) | 10.49% |
| Unrealized securities loss / equity | 0.00% (p94 of band) | -3.26% |
| AOCI / equity | 0.00% (p96 of band) | |
| ROA (annualized) | 0.68% (p18 of band) | 1.12% |
| Net interest margin | 3.02% (p11 of band) | 3.75% |
| Efficiency ratio | 70.86% (p67 of band) | |
| Noncurrent loans | 0.75% (p63 of band) | 0.51% |
| Net charge-offs (annualized) | 0.02% (p53 of band) | |
| Reserve coverage of noncurrent | 62.99% | |
| Real estate % of loans | 95% | |
| Construction % of loans | 20.14% (p26 of band) | |
| Auto loans | $172,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 3.4% | |
| Employees | 138 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 3 | loans exceed deposits |  |
| 2011-09 | 4 | capital falling |  |
| 2011-12 | 3 |  | capital falling |
| 2012-03 | 3 | expense ratio p90 | loans exceed deposits |
| 2012-06 | 4 | capital falling |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 3 | loans exceed deposits | expense ratio p90, capital falling |
| 2013-03 | 2 |  | loans exceed deposits |
| 2013-06 | 4 | capital falling, expense ratio p90 |  |
| 2013-09 | 4 |  |  |
| 2013-12 | 3 |  | liquid assets <10% |
| 2014-03 | 5 | loans exceed deposits, liquid assets <10%, losing money | capital falling |
| 2014-06 | 5 |  |  |
| 2014-09 | 5 |  |  |
| 2014-12 | 8 | capital falling, deposits shrinking, uninsured deposits leaving |  |
| 2015-03 | 4 |  | expense ratio p90, losing money, deposits shrinking, uninsured deposits leaving |
| 2015-06 | 5 | expense ratio p90 |  |
| 2015-09 | 5 | wholesale funding >15% | expense ratio p90 |
| 2015-12 | 5 |  |  |
| 2016-03 | 5 |  |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 4 |  | capital falling |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | capital falling |  |
| 2018-03 | 4 |  | capital falling |
| 2018-06 | 4 |  |  |
| 2018-09 | 5 | capital falling |  |

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

- 2018-03-15 [HarborOne buys RI bank Coastway for $125.6M - WPRI.com](https://news.google.com/rss/articles/CBMieEFVX3lxTE5WTzVfUDhhN0RjcUZZNnJILXBCX3pxNTgyUmYtdXJNNXdzRHNMYjJmT2NmQy1LcGZ5Zll2eS1NWUtyRUV1Qk9QWlRqTUQta2IwaV9ueTM5dHZxaXpjTzdzMnJtU1oxVXdIQjA4bEhiSDF6MjlMQWt0MtIBfkFVX3lxTFBYT2ZtX256Q3Jsb2cyWGZfTTZaRTc4RGN4aXVtNVFWSUJDOThzeTVYV1pXVUZYcF8xbDUwZWNzenczcTB3VFZnbHZlQTRIdmVrQi1wZC14WjcwOVBnY2xaOS16d2RaU0FhdUg3bXNOaHBSa1pabFl1X2pJc2w5UQ?oc=5) · WPRI.com
- 2019-01-12 [NEW: Bank RI Board Member Charged with Insider Trading - Go Local Prov](https://news.google.com/rss/articles/CBMilAFBVV95cUxNYUc5bXZSNTJPQlk1TnMxdDNHVUJvQnJBZmJZYXNtM29EV3JSSTlzREs3cUZQUFMyYkFpNWdWX2FMNkVyY3htR1JoY1ZSS1pEWEcwZFE4TmpqRG9iMnRkTDQ3eTJ2MTR1Rkw5emxZcmhaRUxGUU5tWW9aOXNFMUlNcE1sSnpVYkJTMTVMdXhxY3hYNGZM?oc=5) · Go Local Prov
- 2015-10-27 [Five Questions With: William White - Providence Business News](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5vQ0pvZ2RzTHVzUXFQRFdSNzhxT0N3RmFYV25ubHlEUXVSTXVpSWtKVEVMbm5MOUlwMmlaVU1IRmNrRkNCcnNwTFFGR0hMUkZFSjdzaUlpdC1jbFI0LUhlanVHZ2RJSTTSAW9BVV95cUxOOHF1Yko4YXlnU0hfM1hWdURzLTBpeEk1MjNnSGV6TE1wbm5MYjl0cnJuYVpPd3pvQWExLS1BaTVzV29lYXN0TUthVW85MXN3amcybC1pRUdOd251Q2g5am1Ua25pUnV5a0xKeXdmcUU?oc=5) · Providence Business News
- 2019-02-07 [People on the Move in R.I.: Week of Feb. 10, 2019 - The Providence Journal](https://news.google.com/rss/articles/CBMirAFBVV95cUxQODhqX0lTcTgwUzVCZnFxTnlYQ3BmNncxS2NUVG9ZNEZaaUpGNmZMRVY3Vzd0cXE3VkZ6WjBnS0c3dTJjM25ZMmYwVC1wWXdKQjVhM0tEMVlya09Wc2hoUGwyd21ic0dialRBNGNmeFlab2pnYXZCTFBlWTJtXzJueTVjQk4tcU9QZXNSSVp6aURrOGZtM0dRVElpcXM5T214eGVTQ3p6VE0tV0F4?oc=5) · The Providence Journal
- 2015-02-15 [Peter Koch Obituary - Providence, RI - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxNN3p5VjFsSEs4YXlXMHF5TXBMWUJ4YWI1aXJVRnFXZ0p6VF9RY0Q2VXlpZnA1S0NHZldxZVdCRHZFRVdJZFVSX0FGYUNOMEFkelUyS0FVazVJaUkxLTFOVl9JeG04UGcyRzRadTZuVUxsTXAzazFCS1pURHltQkF4WTdn?oc=5) · Dignity Memorial
- 2022-02-09 [RI Community Food Bank Names Kate MacDonald Director of Communications - Providence Business News](https://news.google.com/rss/articles/CBMikAFBVV95cUxNdnVvWTM4SWNHSFpYR0VCb1NqMXlZNEdvcHItSk1BQXlFbDR6ZHpYbGtnVjViNXhGVGtJUUt0VHJ3LXRhaXpXMzZ2OWJINFBhRGl1eHV4V3pScGhsZFFrd0pNWEZuTkprZWtNLXFxRUlDdzdXZGlXYnhhVVFKNDVYSjZ5ZC03RGdmSExFaDIxeXDSAZgBQVVfeXFMUExBbk5SVmhYMndza2kwNmFjUmFxUUxvXzdsRms4bmw0RVQxNFk0UXVuZzY1TkhNeFl2OGQyZ2stY2xmVkVTNnEtX0xPeGltdklacXdULWlySTA4NUYzemNLWkY5ckYxV1pZS0FDTGYyVWlma1dqWFZkcE9sc2tiQVlNanRZc3BBWTg4UWVoM3pzVTVBZDVEVEY?oc=5) · Providence Business News
- 2017-09-27 [Bank forecloses on Feroce mansion in Newport - The Providence Journal](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQZmxJUTNPUWk3Q0M1Mmw5ai11S2h1ZXZtUGZsS0l1bklaS0JUeTg0VmhpbzFpdVZPUWZseTVtWmFKZkVlU1VFLXl5U3pmSDNUUmg3YjJxanR6dzZ4dXhxZFJBZ0FCWDVuVFFJQmY4dzZ6VmY5eHBkNHdJZTNwdTdMcmRmdXBsVjE2WG4wY1pwZjlkamZBbW45a3hlVUQzc1RsMHBwZmJaWDdrUmpmN0REV3Rpc3Q3MC1jem9talNveDB5UUFST2V2VmszT0RqQW03T1FlXzR0eHQ?oc=5) · The Providence Journal
- 2018-03-25 [Kenneth Wozny Obituary - Providence, RI - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxQeUVUNVY4OHlsM1lJRTlTOFo3Yzc0bUlVWmg4RXJma3Y2TnBsSU5GaGdWd0EwWnJHcXYtbEdYZlVPVDM5QXJWY1QzRld3aHVacXZMYUdpT0ZMU1JvcEc5M3VqQV8xeWd4Y3l2MmFVNUQwVkdXaG1tT2Rnczl1SWM0ZWJ1bVk?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58937 (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/57.json (key "58937", 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