Coastal Community Bank
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Data as of · sourced from FFIEC call reports. How we update
Coastal Community Bank is an FDIC-insured commercial bank headquartered in Everett, WA, established in 1997 (FDIC certificate 34403), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $5.45B, up 21.8% from Q2 2025, the 5th largest of 29 banks headquartered in Washington. Its CET1 capital ratio was 10.97% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 34403
- Headquarters
- Everett, WA
- Established
- 1997
- Total assets, Q2 2026
- $5.45B
- Assets vs Q2 2025
- +21.8%
- CET1 ratio, Q2 2026
- 10.97%
- Domestic offices
- 14 FDIC institution directory, current count
- Routing number
- 125108405
- Holding company
- COASTAL FINANCIAL CORPORATION
- Asset rank in state
- 5th of 29 in Washington
Problem loans are rising at Coastal Community Bank. The Everett, Washington bank had $5.5 billion in assets at June 30, 2026, up 21.8% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.27% of loans from 1.64% a year earlier. It loses about $3.27 a year on every $100 of assets, lower than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median $1.29). It also spends about 79 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 58 cents).
It lost $42 million in the quarter. Its $852 million credit card book is improving, with 9.23% past due or on nonaccrual, down from 10.50% a year earlier. Where it has less room is capital: it holds common equity equal to 10.97% of its risk-weighted assets, lower than about 9 in 10 banks its size (median 13.52%).
As of June 30, 2026, Coastal Community Bank reported a CET1 capital ratio of 10.97%, a return on assets of -3.27%, a nonperforming-loan ratio of 2.27% and a Texas ratio of 14.47%. The figures come from its call report filed with the FFIEC.
Coastal Community Bank ranks as the 5th largest of the 29 banks based in Washington, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 3.7% to $5.45B, loans rose 8.4% and deposits fell 3.5%. Its loan book on June 30, 2026 was led by credit card loans, at 19.7% of total loans, followed by other consumer loans at 17.3%. The FDIC Summary of Deposits lists 14 offices for it, in 11 cities in WA; its Everett 3 offices book 77% of its branch deposits. On its Q2 2026 call report, Coastal Community Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 5415 Evergreen Way, Everett, WA 98203
- County
- Snohomish
- Metro Area
- Seattle-Tacoma-Bellevue, WA
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- April 1, 1997
- Domestic offices
- 14 FDIC institution directory, current count
- Employees (FTE)
- 490
- Domestic deposits
- $4.90B
- Allowance for credit losses
- $213.7M
- Net charge-offs (YTD)
- $100.2M
- Average total assets
- $5.08B
- Average total loans
- $4.06B
- Average interest-bearing deposits
- $3.82B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 1, 1997
- FDIC Cert
- 34403
- Fed RSSD
- 2562164
- SEC CIK
- 1437958 → filed by COASTAL FINANCIAL CORPORATION
- Website
- www.coastalbank.com →
- Parent Holding Company
- COASTAL FINANCIAL CORPORATION (RSSD 3203008) · CCB
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Eric M Sprink | CEO | CEO |
| Christopher D Adams | CHR | Executive Chair |
| Brian T Hamilton | PRES | President of CCBX |
| Joel G Edwards | CFO | Chief Financial Officer |
| Freddy I Rivas | CCO | Chief Credit Officer |
| Sarvela Elizabeth Ann | CRO | Chief Risk Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Coastal Community Bank's total assets ranged from $3.67B (Q3 2023) to $5.66B (Q1 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$5.45B total assets against $4.48B; $4.98B total liabilities against $4.01B.
$4.10B net loans and leases against $3.44B; $4.90B total deposits against $3.96B.
$45.2M securities against $45.6M; $1.01B cash and balances due against $719.8M.
$118.6M total interest income against $107.8M; $28.9M total interest expense against $30.8M.
$89.7M net interest income against $77.0M.
$88.5M total noninterest income against $43.1M; $140.6M total noninterest expense against $72.5M.
$92.2M provision for credit losses against $32.2M.
-$41.5M net income against $11.6M.
-3.27% return on assets against 1.04%; 7.42% net interest margin against 7.08%.
10.97% CET1 capital ratio against 12.36%; 9.13% tier 1 leverage ratio against 10.33%.
Inside the full Coastal Community Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeCoastal Community Bank rankings
Its closest position to the top of a national ranking is 261 of 4,196, for total assets; its furthest is 3,596 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -3.27% (Q2 2026) to 1.42% (Q3 2024) and its net interest margin ran from 6.76% (Q4 2024) to 7.53% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.97% | -3.27% | 2.27% | 14.47% | 7.42% |
| Q1 2026 | 12.19% | 1.00% | 1.70% | 10.01% | 6.94% |
| Q4 2025 | 12.50% | 1.14% | 1.68% | 9.44% | 7.12% |
| Q3 2025 | 12.37% | 1.23% | 1.60% | 8.89% | 7.09% |
| Q2 2025 | 12.36% | 1.04% | 1.69% | 9.39% | 7.08% |
| Q1 2025 | 12.12% | 0.99% | 1.58% | 8.92% | 7.45% |
| Q4 2024 | 11.99% | 1.37% | 1.79% | 10.22% | 6.76% |
| Q3 2024 | 10.34% | 1.42% | 1.94% | 12.27% | 7.53% |
Swipe the table sideways to see every column.
Branch Network
View all 14 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Coastal Community Bank (main office) | Everett , WA | 98203 | $3.44B |
| Colby Avenue Branch | Everett , WA | 98201 | $269.3M |
| Snohomish Branch | Snohomish , WA | 98290 | $233.0M |
| Monroe Branch | Monroe , WA | 98272 | $170.8M |
| Woodinville Office | Woodinville , WA | 98072 | $165.4M |
| Smokey Point | Arlington , WA | 98223 | $126.5M |
| Stanwood Branch | Stanwood , WA | 98292 | $113.5M |
| Arlington Branch | Arlington , WA | 98223 | $73.7M |
| Marysville Branch | Marysville , WA | 98270 | $71.5M |
| Camano Branch | Camano Island , WA | 98282 | $69.4M |
| Sky Valley Branch | Sultan , WA | 98294 | $54.8M |
| Silver Lake Branch | Everett , WA | 98208 | $45.1M |
| Darrington Branch | Darrington , WA | 98241 | $34.3M |
| Edmonds Branch | Edmonds , WA | 98020 | $34.0M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve)
- September 25, 2009, Federal Reserve: Written Agreement: Coastal Financial Corporation, Everett, Washington; Coastal Community Bank, Everett, Washington
- Period: Most recent institution action September 25, 2009. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 2.3% of deposits in WA, rank 11 of 61 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 93,158 applications, 21,244 loans originated, $1.54B originated, across 44 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $300K approved, $300K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Coastal Community Bank
What are Coastal Community Bank's total assets?
As of the Q2 2026 filing, Coastal Community Bank reported total assets of $5.45 billion in its FFIEC call report.
Where is Coastal Community Bank headquartered?
It is headquartered in Everett, WA, United States.
When was Coastal Community Bank founded?
It was established in 1997, per the FDIC institution directory.
Is Coastal Community Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #34403). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Coastal Community Bank?
Coastal Community Bank's primary federal regulator is the Federal Reserve.
What is Coastal Community Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.97% in its Q2 2026 call report, above regulatory requirements.
How many branches does Coastal Community Bank operate?
It operates 14 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Coastal Community Bank's Texas Ratio?
Its Texas Ratio is 14.47% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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