CoastalStates Bank

5 Bow Circle
Hilton Head Island, SC 29928

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57756
Date Established 2004
Assets $0.58 billion
Loans $0.41 billion
Deposits $0.51 billion
Capital $0.07 billion

CoastalStates Bank is an FDIC insured institution located in Hilton Head Island, SC. It was founded in 2004 and has approximately $0.58 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of CoastalStates Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in CoastalStates Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in South Carolina, CoastalStates Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 18.73
Multifamily
Mortgages
0.20
Credit Card Loans 0.00
Consumer Auto Loans 0.04
Small Business Loans 14.84
Construction and Development Loans 8.76
Commercial Real Estate 37.19
Commercial and Industrial Loans 21.37
Farm Loans 0.00

Deposit Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $1 $4,999 Learn MoreShow Less
Money Market
0.05% $5,000 $14,999 Learn MoreShow Less
Money Market
0.18% $25,000 - Learn MoreShow Less
Premium Money Market Account
0.25% $1 $25,000 Learn MoreShow Less
Premium Money Market Account
0.50% $25,001 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.12% $1,000 - Learn MoreShow Less
6 Mo CD
0.15% $1,000 - Learn MoreShow Less
12 Mo CD
0.25% $1,000 - Learn MoreShow Less
Special: 13 Mo CD
2.30% $10,000 - Learn MoreShow Less
18 Mo CD
0.28% $1,000 - Learn MoreShow Less
24 Mo CD
0.40% $1,000 - Learn MoreShow Less
Special: 25 Mo CD
2.60% $10,000 - Learn MoreShow Less
36 Mo CD
0.50% $1,000 - Learn MoreShow Less
48 Mo CD
1.15% $1,000 - Learn MoreShow Less
60 Mo CD
1.15% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.55% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - June 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CoastalStates Bank

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

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to CoastalStates Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

CoastalStates Bank 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:
Ashburn,Virginia


CoastalStates Bank Locations


Financial Details

CoastalStates Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CoastalStates Bank. 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
CoastalStates Bank U.S. Bank Average
11.72% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 December 31, 2018, CoastalStates Bank had $5,957,000 in non-current loans and $2,117,000 in owned real estate. To cover these potential losses it had $65,976,000 in equity and $2,919,000 in loans loss reserves. That gives it a Texas Ratio of 11.72%.

Return on Equity
CoastalStates Bank U.S. Bank Average
-0.15% 8.80%

CoastalStates Bank has a Return on Equity of -0.15% versus the BestCashCow average of 8.80%. 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
CoastalStates Bank U.S. Bank Average
11.32% 12.29%

CoastalStates Bank has a Capitalization of 11.32% versus the BestCashCow average of 12.29. 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.

CoastalStates Bank Balance Sheet Analysis

As of December 31, 2018, CoastalStates Bank had assets of $582,915,000, loans of $406,470,000, and deposits of $514,490,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.07 billion
Interest-bearing balances $0.06 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.41 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $0.03 billion
     Total Assets $0.52 billion
LIABILITIES
Total deposits $0.51 billion
      Interest-bearing deposits $0.40 billion
      Deposits held in domestic offices $0.51 billion
      % insured (estimated) 74.14%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.52 billion
      Shareholders’ Equity $0.07 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $-0.00 billion

Frequently Asked Questions About Coastalstates Bank

Branches and Savings

Is Coastalstates Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57756.

Why does Coastalstates Bank pay such low interest on savings accounts?

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

Why are Coastalstates Bank CD rates not competitive?

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

Is Coastalstates Bank a commercial bank?

Yes

Where are Coastalstates Bank locations?

See branch locations nearby.

Is Coastalstates Bank open on Saturdays?

Is Coastalstates Bank open on Sundays?

What time does Coastalstates Bank open?

What time does Coastalstates Bank close?

Are Coastalstates Bank ATMs Open 24/7?

Do Coastalstates Bank ATMs accept cash deposits?

Can Coastalstates Bank customers use other ATMs?

Do Coastalstates Bank branches have notaries?

Will Coastalstates Bank notarize my document?

What address for Coastalstates Bank should I put for incoming ACH transfers?

Will the Coastalstates Bank branch print checks?

Do Coastalstates Bank checks expire?

Does Coastalstates Bank require US citizenship to open account?

Can Coastalstates Bank close my account?

Does Coastalstates Bank Report to credit bureaus?

Does Coastalstates Bank Use Equifax?

What is Coastalstates Bank's ACH Routing Number?

What is Coastalstates Bank's SWIFT code?

Products

Does Coastalstates Bank offer mortgages?

Compare mortgage rates here.

Does Coastalstates Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Coastalstates Bank offer personal loans?

Compare personal loan rates here.

Does Coastalstates Bank offer student loans?

Will Coastalstates Bank cash a check?

Will Coastalstates Bank redeem a savings bond?

Does Coastalstates Bank cash savings bonds?

Will Coastalstates Bank cash money orders?

Can Coastalstates Bank issue a money order?

Does Coastalstates Bank do currency exchange?

Background on The Bank

Who owns Coastalstates Bank?

How long has Coastalstates Bank been around?

Can Coastalstates Bank transfer to other banks?

Does Coastalstates Bank have quick pay?

Does Coastalstates Bank accept rolled coins?

Will Coastalstates Bank accept loose change?

Where is Coastalstates Bank headquarters?

Customer Reviews for CoastalStates Bank

There are currently no comments for CoastalStates Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →