Coastal States Bank
Hilton Head Island, South Carolina, Beaufort County
$2.4B in total assets, the 527th largest of 4,309 US banks and 3rd of 44 headquartered in South Carolina.
- FDIC certificate
- 57756
- Established
- 2004
- Owned by
- Coastalsouth Bancshares Inc
- Primary regulator
- FED
- Website
- www.coastalstatesbank.com
At a glance
Compared with 12 banks headquartered in South Carolina with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.4B | 92% | $1.6B | |
| Loans | $1.9B | 92% | $955M | |
| Deposits | $2.1B | 83% | $1.4B | |
| Return on assets | 1.21% | 58% | 1.17% | |
| Net interest margin | 3.64% | 75% | 3.53% | |
| Efficiency ratio | 58.6% | 33% | 59.2% | |
| Equity to assets | 10.82% | 98% | 9.28% | |
| Loans to deposits | 94% | 83% | 80% |
Growth
Total assets grew 13.9% a year over the last 5 years and 18.6% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2021 | CornerstoneBank Atlanta, GA | $229M |
| Jul 2018 | Foothills Community Bank Dawsonville, GA | $101M |
Where they operate
11 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Beaufort County, SC | $1.2B | 18.1% | 1 of 20 |
| Fulton County, GA | $302M | 0.2% | 23 of 46 |
| Dawson County, GA | $178M | 16.2% | 3 of 6 |
| Cobb County, GA | $171M | 0.6% | 19 of 25 |
| Forsyth County, GA | $130M | 1.7% | 12 of 19 |
| Chatham County, GA | $86M | 1.1% | 16 of 20 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 7 branches since 2016 (4 to 11, +175.0%). 5 opened, 3 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2018 | Acquired Foothills Community Bank | 2 | 0 | +2 | 6 |
| 2020 | Opened Savannah | 1 | 0 | +1 | 7 |
| 2021 | Acquired CornerstoneBankOpened Alpharetta and Atlanta | 3 | 0 | +3 | 10 |
| 2022 | Opened AtlantaClosed Atlanta | 1 | 1 | 0 | 10 |
| 2024 | Opened Beaufort | 1 | 0 | +1 | 11 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 38% | 39% | |
| 1-4 family residential | 21% | 34% | |
| Consumer | 18% | 5% | |
| Business (C&I) | 11% | 8% | |
| Construction and land | 8% | 11% | |
| Multifamily | 3% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 47% | 55% | |
| Time deposits | 35% | 23% | |
| Noninterest-bearing | 18% | 21% |
Brokered deposits are 12.4% of deposits (peers 5.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.77% | 0.11% |
| Net charge-offs, annualized | 0.01% | 0.02% |
| Reserves to loans | 1.03% | 1.14% |
| Leverage ratio | 11.12% | 9.50% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in South Carolina
Largest competitors in Beaufort County, SC
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/coastal-states