Coastal Bend Bancshares, Inc. Employee Stock Ownership Plan & Trust — Form 5500 plan (First Community Bank)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Coastal Bend Bancshares, Inc. Employee Stock Ownership Plan & Trust is a benefit plan reported by First Community Bank under EIN 76-0024722 and plan number 002. The latest loaded filing year is 2023. The filing reports 164 participants and $13,552,232 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Community Bank
- EIN
- 76-0024722
- Plan number
- 002
- Plan type
- 2
- Location
- Corpus Christi, TX
- Latest filing year
- 2023
- Participants
- 164
- End-of-year plan assets
- $13,552,232
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H | 20241010092817NAL0011334547001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,552,232
- Total liabilities (EOY)
- $7,232
- Net assets (EOY)
- $13,545,000
- Net assets (BOY)
- $12,996,947
Income & contributions
- Employer contributions
- $78,744
- Participant contributions
- $343,301
- Total contributions
- $422,045
- Total income / additions
- $1,208,666
Expenses & distributions
- Benefits paid
- $659,249
- Administrative expenses
- $1,364
- Total expenses
- $660,613
- Net increase / (decrease)
- $548,053
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.