The Coastal Bank Of Georgia
Brunswick, GA — Domestic Branch of a Domestic Bank
Acquired Jun 2010
Vitals
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Total Assets546.3M -10.5 %
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Total Deposits453.3M 3.8 %
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Total Net Loans406.8M -17.7 %
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Net Income-3651000.0000
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Book Value45.7M -7.1 %
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Book Value x291.5M -7.1 %
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Book Value x3137.2M -7.1 %
Balance Sheet Highlights
Financial Highlights | The Coastal Bank Of Georgia | All Insured Commercial Banks in Georgia |
Balance Sheet $(000) | ||
Total Assets | 546,298 | 232,450 |
Total Net Loans | 406,758 | 157,333 |
Total Deposits | 453,296 | 197,460 |
Total Equity | 45,749 | 19,316 |
Profitability | ||
Net Income | -3,651 | -176 |
Return on Average Assets | -2.676 | -.248 |
Return on Average Equity | -32.423 | -4.985 |
Net Interest Margin | 3.104 | 3.366 |
Efficiency Ratio | 61.942 | 88.401 |
Noninterest Income/Revenue | 19.093 | 10.681 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 89.733 | 76.294 |
Securities/Assets | .101 | .192 |
Total Equity/Total Assets | .084 | .083 |
Tangible Equity/Tangible Assets | .084 | -1.445 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 44,419 | 18,260 |
Tier 2 Capital | 4,986 | 2,143 |
Total Capital | 49,405 | 20,389 |
Total Risk Weighted Assets | 394,724 | 167,998 |
Leverage Ratio | 8.14 | 8.807 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.25 | 12.606 |
Total Capital Ratio | 12.52 | 13.849 |
Timeline for The Coastal Bank Of Georgia
Synovus Bank
The Coastal Bank Of Georgia was acquired by Synovus Bank 13 years
View Profile Jun 01 2010First National Bank Of Camden County
Acquisition: The Coastal Bank Of Georgia acquired a new subsidiary, First National Bank Of Camden County, 37 years
View Profile Jan 31 1987Synovus Financial Corp.
Synovus Financial Corp. became a new parent organization for The Coastal Bank Of Georgia.
View Profile Oct 31 1981Coastal Bankshares, Inc.
Coastal Bankshares, Inc. became a new parent organization for The Coastal Bank Of Georgia.
View Profile Sep 30 1980The Coastal Bank Of Georgia
The Coastal Bank Of Georgia was established 73 years ago and is currently headquartered in Brunswick, GA.
Jun 01 1950Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Synovus Bank | Buyer | 29,492,165 | Pooling of Interests | Discontinued | 6/1/2010 |
First National Bank Of Camden County | Seller | 27,230 | Discontinued | 1/31/1987 |
Relationships | Role | Relationship Start | Relationship End |
Synovus Financial Corp. | Parent | 10/31/1981 | 5/31/2010 |
Coastal Bankshares, Inc. | Parent | 9/30/1980 | 10/30/1981 |
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