COASTAL BANK AND TRUST OF FLORIDA

Headquarters

125 West Romana Street, Suite 400
Pensacola, FL 32502
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

COASTAL BANK AND TRUST OF FLORIDA is an FDIC insured institution located in Pensacola, FL. It was founded in 1972 and has approximately $1.73 billion in assets.

FDIC Insured Yes
FDIC Certificate # 20830
Date Established 1972
Assets $ 1,777.34 million
Loans $ 1,416.61 million
Deposits $ 1,511.54 million
Capital $ 145.44 million
 

For a more detailed analysis of COASTAL BANK AND TRUST OF FLORIDA's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for COASTAL BANK AND TRUST OF FLORIDA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to COASTAL BANK AND TRUST OF FLORIDA
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Branches

COASTAL BANK AND TRUST OF FLORIDA branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


COASTAL BANK AND TRUST OF FLORIDA Locations


Financial Details

COASTAL BANK AND TRUST OF FLORIDA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of COASTAL BANK AND TRUST OF FLORIDA. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
COASTAL BANK AND TRUST OF FLORIDA U.S. Bank Average
38.87% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, COASTAL BANK AND TRUST OF FLORIDA had $71,661,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $145,439,000 in equity and $38,934,000 in loans loss reserves. That gives it a Texas Ratio of 38.87%.

Return on Equity
COASTAL BANK AND TRUST OF FLORIDA U.S. Bank Average
-39.63% 7.80%

COASTAL BANK AND TRUST OF FLORIDA has a Return on Equity of -39.63% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
COASTAL BANK AND TRUST OF FLORIDA U.S. Bank Average
8.18% 12.68%

COASTAL BANK AND TRUST OF FLORIDA has a Capitalization of 8.18% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

COASTAL BANK AND TRUST OF FLORIDA Balance Sheet Analysis

As of November 30, -0001, COASTAL BANK AND TRUST OF FLORIDA had assets of $1,733,808,000, loans of $1,416,605,000, and deposits of $1,511,537,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,416.61 million
Loan loss allowance $ 38.93 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 1,511.54 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 1,777.34 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in COASTAL BANK AND TRUST OF FLORIDA’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, COASTAL BANK AND TRUST OF FLORIDA’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Coastal Bank And Trust Of Florida

Branches and Savings

Is Coastal Bank And Trust Of Florida FDIC insured?

Yes. It is covered under FDIC Certificate #20830.

Why does Coastal Bank And Trust Of Florida pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Coastal Bank And Trust Of Florida CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Coastal Bank And Trust Of Florida a commercial bank?

Yes

Where are Coastal Bank And Trust Of Florida locations?

See branch locations nearby.

Is Coastal Bank And Trust Of Florida open on Saturdays?

Is Coastal Bank And Trust Of Florida open on Sundays?

What time does Coastal Bank And Trust Of Florida open?

What time does Coastal Bank And Trust Of Florida close?

Are Coastal Bank And Trust Of Florida ATMs Open 24/7?

Do Coastal Bank And Trust Of Florida ATMs accept cash deposits?

Can Coastal Bank And Trust Of Florida customers use other ATMs?

Do Coastal Bank And Trust Of Florida branches have notaries?

Will Coastal Bank And Trust Of Florida notarize my document?

What address for Coastal Bank And Trust Of Florida should I put for incoming ACH transfers?

Will the Coastal Bank And Trust Of Florida branch print checks?

Do Coastal Bank And Trust Of Florida checks expire?

Does Coastal Bank And Trust Of Florida require US citizenship to open account?

Can Coastal Bank And Trust Of Florida close my account?

Does Coastal Bank And Trust Of Florida Report to credit bureaus?

Does Coastal Bank And Trust Of Florida Use Equifax?

What is Coastal Bank And Trust Of Florida's ACH Routing Number?

What is Coastal Bank And Trust Of Florida's SWIFT code?

Products

Does Coastal Bank And Trust Of Florida offer mortgages?

Compare mortgage rates here.

Does Coastal Bank And Trust Of Florida offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Coastal Bank And Trust Of Florida offer personal loans?

Compare personal loan rates here.

Does Coastal Bank And Trust Of Florida offer student loans?

Will Coastal Bank And Trust Of Florida cash a check?

Will Coastal Bank And Trust Of Florida redeem a savings bond?

Does Coastal Bank And Trust Of Florida cash savings bonds?

Will Coastal Bank And Trust Of Florida cash money orders?

Can Coastal Bank And Trust Of Florida issue a money order?

Does Coastal Bank And Trust Of Florida do currency exchange?

Background on The Bank

Who owns Coastal Bank And Trust Of Florida?

How long has Coastal Bank And Trust Of Florida been around?

Can Coastal Bank And Trust Of Florida transfer to other banks?

Does Coastal Bank And Trust Of Florida have quick pay?

Does Coastal Bank And Trust Of Florida accept rolled coins?

Will Coastal Bank And Trust Of Florida accept loose change?

Where is Coastal Bank And Trust Of Florida headquarters?

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