2023 Form 5500 filing — Coastal Bend Bancshares, Inc. Employee Stock Ownership Plan & Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010092817NAL0011334547001) for Coastal Bend Bancshares, Inc. Employee Stock Ownership Plan & Trust, reported by First Community Bank under EIN 76-0024722 and plan number 002. It reports 164 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20241010092817NAL0011334547001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Community Bank
- EIN
- 76-0024722
- Plan number
- 002
- Location
- Corpus Christi, TX
- Participants
- 164
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,552,232
- Total liabilities (EOY)
- $7,232
- Net assets (EOY)
- $13,545,000
- Employer contributions
- $78,744
- Participant contributions
- $343,301
- Total income / additions
- $1,208,666
- Benefits paid
- $659,249
- Administrative expenses
- $1,364
- Total expenses
- $660,613
- Net increase / (decrease)
- $548,053
- Schedule source
- Schedule H