Coastal Community Bank
Panama City Beach, FL · Owner: Coastal Cmty Investments Inc
$377M
total assets, June 30, 2010
$377M
total assets, June 30, 2010
Coastal Community Bank was a state nonmember bank in Panama City Beach, FL, owned by Coastal Cmty Investments Inc. It failed on Jul 30, 2010, and Centennial Bank took over its deposits. At its last report it held $377.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 30, 2010
- Assets
- $377M
- Deposits
- $370M
- Estimated cost
- $117M
- Deposits went to
- Centennial Bank, Conway, AR
Total assets
$377M
-1.2% in a year · +1.2% in a quarter
Deposits
$370M
+6.1% in a year · +1.9% in a quarter
Loans
$277M
-9.0% in a year · -2.2% in a quarter
Profit so far
-$4.3M
Jan 1 to Jun 30, 2010
Capital ratio
1.28%
-6.33 pts in a year
Return on assets
-2.35%
-1.74 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 12141 Panama City Beach Parkway, Panama City Beach, FL, 32407
- County
- Bay
- Holding company
- Coastal Cmty Investments Inc
- Established
- Jan 1, 1906
- Failed
- Jul 30, 2010
- Employees
- 107
- Branches
- 10
- Id
- b9619
Quarter by quarter
March 31, 1984 to June 30, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Coastal Community Bank?
$377.5 million in total assets and $370.0 million in deposits as of June 30, 2010, with assets down 1.2% from a year before. Its loans were $276.8 million.
How many branches does Coastal Community Bank have?
10 branches in Florida as of June 30, 2026.
Is Coastal Community Bank profitable?
No: it lost $4.34 million from January 1 to June 30, 2010. Its return on assets was -2.35% a year; about 1% is typical.
Who owns Coastal Community Bank?
Coastal Community Bank is owned by Coastal Cmty Investments Inc, its holding company.
When did Coastal Community Bank fail?
Jul 30, 2010. Centennial Bank of Conway, AR took over its deposits. The estimated cost of the failure was $116.9 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.