SOUTHCOAST FINANCIAL CORP
Financials · State Commercial Banks · SC · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $4.1M | $3.7M | $9.1M | $3.5M | −$16.5M | $68,869 |
| Total assets | $502.8M | $476.8M | $447.4M | $438.2M | $427.5M | $478.3M |
| Total liabilities | $451.0M | $429.5M | $404.8M | $404.0M | $396.7M | $432.5M |
| Equity | $51.8M | $47.3M | $42.6M | $34.3M | $30.8M | $45.8M |
| EPS (diluted) | $0.57 | $0.53 | $1.28 | $0.50 | $-3.12 | $0.01 |
| Shares out. | 7.1M | 7.1M | 6.1M | 5.3M | 5.3M | 4.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- —
- Net margin
- —
- Return on equity
- 7.8%
- Return on assets
- 0.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 89.7%
- Debt / equity
- 8.70×
- Book value / share
- $7.30
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 8.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2015- Accruals / assets
- 0.5%clean
- Piotroski F-Score
- 4/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Baker Tommy BDirector | Jun 17, 2016 | D | 164,838 | — |
| Smith James PDirector | Jun 17, 2016 | D | 119,815 | — |
| Pearson Lewis WayneOfficer — Chief Executive Officer | Jun 17, 2016 | D | 359,022 | — |
| Hutchinson Stephen FDirector | Jun 17, 2016 | D | 25,750 | — |
| Scott Robert MarshallOfficer — Treasurer | Apr 10, 2015 | Buy | 501 | $5.99 |
| Daniel Robert A JrOfficer — Chief Lending Officer | Apr 10, 2015 | Buy | 201 | $5.99 |
| Seabrook William BenjaminOfficer — Chief Operating Officer | Apr 10, 2015 | Buy | 251 | $5.99 |
| Billings William RichardOfficer — Senior Credit Officer | Apr 10, 2015 | Buy | 551 | $5.99 |
| Heslop William COfficer — Chief Financial Officer | Apr 10, 2015 | Buy | 251 | $5.99 |
| Coates William ADirector | Jun 17, 2016 | D | 134,483 | — |
| Daniel Robert A JrOfficer — Chief Lending Officer | Jul 10, 2014 | Buy | 196 | $6.15 |
| Billings William RichardOfficer — Senior Credit Officer | Jul 10, 2014 | Buy | 390 | $6.15 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in controlJun 23, 2016
- Other material eventJun 6, 2016
- Entered a material agreementMar 28, 2016
- Shareholder voteFeb 1, 2016
- Shareholder voteDec 18, 2015
- Director / officer change · Other material eventNov 5, 2015
- Entered a material agreementAug 17, 2015
- Results of operationsJul 13, 2015
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GJul 8, 2016
- S-8 POSJun 24, 2016
- 8-KFORM 8-KJun 23, 2016
- 4PRIMARY DOCUMENTJun 21, 2016
- 4PRIMARY DOCUMENTJun 20, 2016
- 4PRIMARY DOCUMENTJun 20, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 4PRIMARY DOCUMENTJun 17, 2016
- 25-NSEJun 16, 2016
- 8-KJun 6, 2016