This institution is no longer active

Operations ceased on April 2, 2020. CRA examination history below reflects the period it was active.

GOLD COAST BANK

ISLANDIA, NY · Supervised by FDIC

Est. 2008FDIC #58,654RSSD: FDIC-58654

Part ofGOLD COAST BCORP INC→ View all charters

Satisfactory Same

Current rating · Exam: October 2019

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.63%

Is this bank safe?

GOLD COAST BANK holds a Satisfactory CRA rating (2019), meets basic financial requirements (ROA +0.63%).

Institution Profile

FDIC BankFind

Address

2929 Expressway Drive North, ISLANDIA, NY

County

Suffolk County

Established

March 10, 2008

Total Assets

$560M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

October 1, 2019

Exam Type

Intermediate Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 6 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q4 2019Call Report / FDIC

Total Assets

$560M

Total Deposits

$465M

Net Loans

$463M

Net Income

$4M

ROA

0.63%

Above avg for Small banks. Peer avg: 0.44%

ROE

6.02%

Risk-Based Capital

15.15%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA0.63%Peer avg: 0.44%▲ Above avg

Risk-Based Capital15.15%Peer avg: 23.03%▼ Below avg

Mortgage Denial Rate1.83%Peer avg: 6.90%▼ Fewer than avg

Unlock peer list → See which specific banks are in this peer group.

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2024	273	90.48%	1.83%
2020	903	93.47%	1.66%
2019	543	90.42%	2.95%
2018	430	90.93%	3.49%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Small bank avg: 6.90% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Oct 2019	Satisfactory	Intermediate Small Bank
Dec 2016	Satisfactory	Intermediate Small Bank
Sep 2013	Satisfactory	Small Bank

1 previous rating locked — back to 2010

Unlock full CRA history, HMDA, financials, complaints CSVs, and PDF links for this bank.

orGet Business plan for unlimited access

One-time payment · No subscription required

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/gold-coast-bank"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: