Coastal Community Bank

Overview

What stands out about Coastal Community Bank?

Its largest one-quarter change in total assets since Q1 2016 was +41.8% between Q1 2020 and Q2 2020, a quarter with no merger or acquisition in the FDIC history. Against its six size peers, its return on equity (ROE) stands out most: -11.91% at Q2 2026, below the peer median of 11.56%. By efficiency ratio it moved from 232nd to 421st among 500 banks between Q1 2026 and Q2 2026 (1 = lowest). Its net charge-offs to average loans of 4.96% at Q2 2026 is among the highest 5% of the 500 banks reporting it, a loan-quality outlier (rank 494 of 500, 1 = lowest).

How large is Coastal Community Bank?

At Q2 2026 the bank held $5.5 bn of assets. Deposits were $4.9 bn and net loans and leases $4.1 bn, a loan-to-deposit ratio of 83.68%. Securities of $45.2 mn made up 0.8% of assets.

Total assets rose 745.8% between Q1 2016 and Q2 2026, from $644.6 mn.

How much of its funding is uninsured?

An estimated 27.45% of domestic deposits were above the FDIC insurance limit at Q2 2026, -7.35 pp from the previous quarter and +12.80 pp from a year earlier. That share ranks 345th among 500 banks reporting this metric (1 = highest).

Key facts, Q2 2026

US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.

The common equity tier 1 (CET1) ratio was 10.97% at Q2 2026, -1.39 pp from a year earlier. Since Q1 2016 it has ranged from 9.34% (Q3 2022) to 12.89% (Q3 2019). At Q2 2026 the tier 1 leverage ratio was 9.13% and the total risk-based capital ratio 12.27%. The median CET1 ratio of the size peers listed below was 13.32% at Q2 2026.

Held-to-maturity securities had an unrealized gain of $115,000 at Q2 2026, measured as fair value minus amortized cost, equal to 0.0% of bank equity capital. The gain rose by $41,000 from a year earlier. The largest unrealized loss on these securities was $1.7 mn at Q3 2023. Available-for-sale securities showed an unrealized loss of $1,000 at Q2 2026; the loss was unchanged from a year earlier.

Return on equity was -11.91% for the year to Q2 2026, annualized, with a return on assets of -1.10% and a net interest margin of 7.02%. The margin was -0.68 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 68.22%. Net income for the year to Q2 2026 was -$29.1 mn, down 231.8% on the same period a year earlier. The median return on equity of its size peers was 11.56% for the same period.

Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 2.27% of total loans at Q2 2026. Net charge-offs for the year to date were 4.96% of average loans, annualized.

Large one-quarter moves

• Total assets changed by +41.8% in the quarter to 2020-06-30, with no FDIC structure event in that quarter.

Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.