401k Plan data: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN plan

COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	006

COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Stock bonus
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

CAPE BANK has sponsored the creation of one or more 401k plans.

Company Name: CAPE BANK

Employer identification number (EIN): 210600992

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
006 2015-01-01 ANGIE HICKMAN
006 2014-01-01 GUY HACKNEY

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
006	2015-01-01	ANGIE HICKMAN
006	2014-01-01	GUY HACKNEY

Plan Statistics for COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2015: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 0
Number of participants with account balances 2015-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 74
Number of retired or separated participants receiving benefits 2014-01-01 1
Number of other retired or separated participants entitled to future benefits 2014-01-01 28
Total of all active and inactive participants 2014-01-01 103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 103
Number of participants with account balances 2014-01-01 103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 7

Measure	Date	Value
2015: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	0
Number of participants with account balances	2015-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	74
Number of retired or separated participants receiving benefits	2014-01-01	1
Number of other retired or separated participants entitled to future benefits	2014-01-01	28
Total of all active and inactive participants	2014-01-01	103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	103
Number of participants with account balances	2014-01-01	103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	7

Financial Data on COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2015 : COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$1,132,970
Total income from all sources	2015-12-31	$2,235,395
Expenses. Total of all expenses incurred	2015-12-31	$4,122,856
Benefits paid (including direct rollovers)	2015-12-31	$4,122,856
Total plan assets at end of year	2015-12-31	$0
Total plan assets at beginning of year	2015-12-31	$3,020,431
Value of fidelity bond covering the plan	2015-12-31	$1,500,000
Other income received	2015-12-31	$2,169,540
Net income (gross income less expenses)	2015-12-31	$-1,887,461
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,887,461
Total contributions received or receivable from employer(s)	2015-12-31	$65,855
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$1,132,970
Total plan liabilities at beginning of year	2014-12-31	$1,345,859
Total income from all sources	2014-12-31	$294,211
Expenses. Total of all expenses incurred	2014-12-31	$312,230
Benefits paid (including direct rollovers)	2014-12-31	$241,680
Total plan assets at end of year	2014-12-31	$3,020,431
Total plan assets at beginning of year	2014-12-31	$3,251,339
Value of fidelity bond covering the plan	2014-12-31	$1,500,000
Expenses. Other expenses not covered elsewhere	2014-12-31	$70,550
Other income received	2014-12-31	$10,772
Net income (gross income less expenses)	2014-12-31	$-18,019
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,887,461
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,905,480
Assets. Value of employer securities	2014-12-31	$3,020,373
Total contributions received or receivable from employer(s)	2014-12-31	$283,439
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0

Form 5500 Responses for COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN

2015: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	Yes
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: COLONIAL BANK, FSB EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CAPE BANK
Employer identification number (EIN):	210600992
NAIC Classification:	522110
NAIC Description:	Commercial Banking