NYSE : COSO
CoastalSouth Bancshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 27.88 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 327.15M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 115.91M | 108.79M | 103.32M | 91.33M | 56.37M | 41.24M |
| Interest Income on Investments | 18.10M | 18.92M | 20.33M | 15.68M | 10.22M | 4.76M |
| Total Interest Income | 134.01M | 127.71M | 123.65M | 107.02M | 66.58M | 46.00M |
| Interest Paid on Deposits | 50.90M | 52.28M | 53.44M | 39.30M | 7.38M | 3.57M |
| Interest Paid on Borrowings | 1.31M | 1.54M | 4.88M | 3.42M | 2.24M | 1.19M |
| Total Interest Expense | 52.21M | 53.82M | 58.33M | 42.72M | 9.62M | 4.75M |
| Net Interest Income | 81.80M | 73.89M | 65.32M | 64.29M | 56.96M | 41.24M |
| Gain (Loss) on Sale of Investments | -10.00K | -10.00K | -3.46M | -517.00K | -59.00K | |
| Other Non-Interest Income | 5.60M | 5.63M | 5.32M | 7.00M | 4.53M | 6.04M |
| Total Non-Interest Income | 9.79M | 8.07M | 4.51M | 8.59M | 7.19M | 9.55M |
| Revenues Before Loan Losses | 91.59M | 81.96M | 69.84M | 72.89M | 64.15M | 50.79M |
| Provision for Loan Losses | 1.77M | 3.20M | 553.00K | 1.54M | 5.08M | 1.33M |
| Revenue | 89.82M | 78.77M | 69.28M | 71.34M | 59.07M | 49.47M |
| Salaries and Employee Benefits | 31.67M | 27.37M | 24.89M | 23.48M | 22.45M | 21.05M |
| Occupancy Expenses | 2.47M | 2.22M | 1.90M | 1.93M | 1.76M | 1.66M |
| Federal Deposit Insurance | 1.40M | 1.49M | 1.29M | 1.48M | 1.16M | 1.01M |
| Selling, General & Administrative | 11.06M | 11.23M | 10.26M | 9.96M | 8.07M | 8.49M |
| Other Non-Interest Expense | 5.78M | 5.32M | 3.73M | 3.00M | 1.80M | 976.00K |
| Total Non-Interest Expense | 52.39M | 47.63M | 42.07M | 39.85M | 35.24M | 33.57M |
| EBT Excluding Unusual Items | 37.43M | 31.14M | 27.21M | 31.50M | 23.83M | 15.89M |
| Other Unusual Items | 1.65M | |||||
| Pretax Income | 37.43M | 31.14M | 27.21M | 31.50M | 23.83M | 15.47M |
| Income Tax Expense | 7.86M | 6.24M | 5.31M | 7.02M | 5.64M | 3.14M |
| Earnings From Continuing Operations | 29.57M | 24.89M | 21.90M | 24.48M | 18.19M | 12.32M |
| Net Income | 29.57M | 24.89M | 21.90M | 24.48M | 18.19M | 12.32M |
| Net Income to Common | 29.57M | 24.89M | 21.90M | 24.48M | 18.19M | 12.32M |
| Basic Shares Outstanding | 12.00M | 11.13M | 10.20M | 9.38M | 8.71M | 8.14M |
| Diluted Shares Outstanding | 12.42M | 11.52M | 10.47M | 9.50M | 8.85M | 8.32M |
| EPS (Basic) | 2.46 | 2.24 | 2.15 | 2.61 | 2.09 | 1.51 |
| EPS (Diluted) | 2.39 | 2.16 | 2.09 | 2.58 | 2.05 | 1.48 |
| Effective Tax Rate | 21.00% | 20.05% | 19.52% | 22.28% | 23.67% | 20.33% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 45.22M | 79.77M | 67.96M | 48.55M | 28.96M | 224.36M |
| Investment Securities | 341.59M | 152.14M | 171.84M | 206.24M | 213.95M | 176.37M |
| Trading Asset Securities | 6.13M | 7.72M | 8.74M | 10.95M | 1.71M | |
| Mortgage-Backed Securities | 180.06M | 166.09M | 149.34M | 152.17M | 116.85M | |
| Total Investments | 341.59M | 338.34M | 345.65M | 364.32M | 377.07M | 294.94M |
| Gross Loans | 1.79B | 1.62B | 1.41B | 1.42B | 1.30B | 938.12M |
| Allowance for Loan Losses | -19.62M | -18.74M | -17.12M | -15.46M | -12.36M | -8.15M |
| Net Loans | 1.77B | 1.60B | 1.39B | 1.40B | 1.29B | 929.97M |
| Property, Plant & Equipment | 18.38M | 22.01M | 21.83M | 21.60M | 23.35M | 20.63M |
| Goodwill | 4.71M | 4.71M | 4.71M | 4.71M | 4.71M | |
| Other Intangible Assets | 4.91M | 288.00K | 441.00K | 630.00K | 857.00K | 1.12M |
| Loans Held for Sale | 142.40M | 170.93M | 174.03M | 82.12M | 44.50M | 81.45M |
| Accrued Interest Receivable | 10.03M | 9.71M | 9.65M | 7.48M | 3.93M | |
| Other Receivables | 1.85M | 2.79M | 13.20M | 386.00K | ||
| Other Current Assets | 2.20M | 1.71M | 1.69M | 1.38M | 1.34M | |
| Long-Term Deferred Tax Assets | 17.61M | 16.37M | 18.15M | 21.24M | 21.80M | 14.50M |
| Other Real Estate Owned & Foreclosed | 640.00K | |||||
| Other Long-Term Assets | 86.36M | 58.63M | 57.31M | 54.23M | 33.35M | 32.55M |
| Total Assets | 2.42B | 2.31B | 2.10B | 2.03B | 1.84B | 1.61B |
| Interest Bearing Deposits | 1.76B | 1.49B | 1.37B | 1.27B | 1.01B | 952.36M |
| Institutional Deposits | 186.40M | 165.60M | 151.40M | 112.07M | 39.12M | |
| Non-Interest Bearing Deposits | 340.43M | 312.25M | 302.91M | 325.40M | 424.49M | 432.63M |
| Total Deposits | 2.10B | 1.99B | 1.83B | 1.75B | 1.55B | 1.42B |
| Short-Term Borrowings | 30.00M | 30.00M | 27.00M | 74.16M | 127.42M | 10.00M |
| Current Portion of Leases | 809.00K | |||||
| Long-Term Debt | 14.73M | 14.68M | 14.63M | 14.59M | ||
| Federal Home Loan Bank Debt, Long-Term | 20.00M | |||||
| Long-Term Leases | 3.75M | 4.80M | 4.90M | 5.53M | 3.96M | |
| Other Long-Term Liabilities | 31.10M | 24.82M | 22.15M | 28.16M | 20.45M | 14.06M |
| Total Liabilities | 2.16B | 2.05B | 1.90B | 1.87B | 1.72B | 1.49B |
| Common Stock | 11.73M | 11.98M | 10.27M | 9.54M | 8.96M | 8.61M |
| Additional Paid-In Capital | 181.52M | 189.88M | 158.75M | 145.94M | 136.60M | 131.79M |
| Retained Earnings | 87.49M | 66.89M | 41.99M | 20.09M | -86.00K | -18.28M |
| Comprehensive Income & Other | -18.82M | -9.22M | -15.79M | -19.53M | -26.68M | 2.81M |
| Total Common Equity | 261.92M | 259.53M | 195.23M | 156.04M | 118.80M | 124.93M |
| Shareholders' Equity | 261.92M | 259.53M | 195.23M | 156.04M | 118.80M | 124.93M |
| Total Liabilities & Equity | 2.42B | 2.31B | 2.10B | 2.03B | 1.84B | 1.61B |
| Total Debt | 30.00M | 34.55M | 46.53M | 93.74M | 147.59M | 48.54M |
| Net Cash (Debt) | 15.22M | 51.35M | 29.15M | -36.45M | -107.67M | 177.53M |
| Net Cash Per Share | 1.23 | 4.46 | 2.78 | -3.83 | -12.16 | 21.33 |
| Filing Date Shares Outstanding | 11.73M | 11.99M | 10.27M | 9.54M | 8.96M | 8.60M |
| Total Common Shares Outstanding | 11.73M | 11.98M | 10.27M | 9.54M | 8.96M | 8.60M |
| Book Value Per Share | 22.32 | 21.66 | 19.01 | 16.36 | 13.26 | 14.52 |
| Tangible Book Value | 257.01M | 254.53M | 190.08M | 150.71M | 113.23M | 119.11M |
| Tangible Book Value Per Share | 21.90 | 21.25 | 18.51 | 15.80 | 12.64 | 13.84 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 24.89M | 21.90M | 24.48M | 18.19M | 12.32M | |
| Depreciation & Amortization | 2.72M | 2.55M | 2.76M | 2.38M | 1.89M | |
| Other Amortization | 413.00K | 150.00K | 106.00K | 112.00K | 84.00K | |
| Gain (Loss) on Sale of Assets | 171.00K | -56.00K | -388.00K | -30.00K | ||
| Gain (Loss) on Sale of Investments | -866.00K | 2.93M | 1.08M | 1.17M | 669.00K | |
| Total Asset Writedown | 175.00K | 390.00K | ||||
| Provision for Credit Losses | 3.20M | 553.00K | 1.54M | 5.08M | 1.33M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 34.18M | -40.93M | 11.27M | 58.06M | 63.03M | |
| Change in Other Net Operating Assets | 462.00K | 940.00K | 688.00K | 2.51M | -1.71M | |
| Other Operating Activities | -1.39M | -29.00K | -4.01M | -2.81M | -5.35M | |
| Operating Cash Flow | 63.13M | -12.67M | 37.14M | 83.54M | 70.88M | |
| Capital Expenditures | -1.83M | -1.41M | -310.00K | -2.16M | -2.19M | |
| Cash Acquisitions | 80.91M | |||||
| Investment in Securities | 15.06M | 23.05M | 16.81M | -122.55M | -160.01M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -238.16M | -38.94M | -170.65M | -379.22M | -135.69M | |
| Other Investing Activities | 829.00K | -22.50M | -9.61M | |||
| Investing Cash Flow | -224.09M | -17.31M | -176.35M | -502.90M | -226.30M | |
| Short-Term Debt Issued | 6.00M | 8.00M | 10.00M | |||
| Long-Term Debt Issued | 15.00M | 88.04M | ||||
| Total Debt Issued | 15.00M | 6.00M | 96.04M | 10.00M | ||
| Short-Term Debt Repaid | -12.00M | -12.00M | ||||
| Long-Term Debt Repaid | -15.00M | -35.00M | -58.04M | -111.50M | ||
| Total Debt Repaid | -27.00M | -47.00M | -58.04M | -111.50M | ||
| Net Debt Issued (Repaid) | -12.00M | -47.00M | -52.04M | 96.04M | -101.50M | |
| Issuance of Common Stock | 31.96M | 12.24M | 8.84M | 3.39M | ||
| Repurchase of Common Stock | -69.00K | |||||
| Net Increase (Decrease) in Deposit Accounts | 152.88M | 84.14M | 202.01M | 124.53M | 324.27M | |
| Financing Cash Flow | 172.77M | 49.39M | 158.80M | 223.97M | 222.78M | |
| Net Cash Flow | 11.81M | 19.41M | 19.59M | -195.40M | 67.36M | |
| Free Cash Flow | 61.30M | -14.08M | 36.83M | 81.38M | 68.69M | |
| Free Cash Flow Margin | 77.82% | -20.33% | 51.62% | 137.76% | 138.86% | |
| Free Cash Flow Per Share | 5.32 | -1.34 | 3.88 | 9.19 | 8.25 | |
| Cash Interest Paid | 51.47M | 60.60M | 36.33M | 8.05M | 5.50M | |
| Cash Income Tax Paid | 1.83M | -884.00K | 5.29M | 3.41M | 4.42M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 327.15M | 278.51M | 224.91M | 142.83M | 159.65M | 148.35M |
| Last Close Price | 27.88 | 23.12 | 21.81 | 14.91 | 17.90 | 17.16 |
| PE Ratio | 11.68 | 11.19 | 10.27 | 5.83 | 8.78 | 12.04 |
| PS Ratio | 3.64 | 3.54 | 3.25 | 2.00 | 2.70 | 3.00 |
| PB Ratio | 1.25 | 1.07 | 1.15 | 0.92 | 1.34 | 1.19 |
| P/FCF Ratio | 4.88 | 4.54 | 3.88 | 1.96 | 2.16 | |
| P/OCF Ratio | 4.73 | 4.41 | 3.85 | 1.91 | 2.09 | |
| Debt / Equity Ratio | 0.12 | 0.13 | 0.24 | 0.60 | 1.24 | 0.39 |
| Debt / FCF Ratio | 0.56 | 2.54 | 1.81 | 0.71 | ||
| Net Debt / Equity Ratio | -0.06 | -0.20 | -0.15 | 0.23 | 0.91 | -1.42 |
| Net Debt / FCF Ratio | -0.84 | 2.07 | 0.99 | 1.32 | -2.58 | |
| Return on Equity (ROE) | 11.54% | 10.95% | 12.47% | 17.81% | 14.93% | 10.86% |
| Return on Assets (ROA) | 1.26% | 1.13% | 1.06% | 1.27% | 1.05% | 0.89% |
| Earnings Yield | 8.56% | 8.94% | 9.74% | 17.14% | 11.39% | 8.31% |
| FCF Yield | 20.51% | 22.01% | -6.26% | 25.78% | 50.97% | 46.30% |
| Buyback Yield / Dilution | -12.23% | -10.02% | -10.16% | -7.36% | -6.37% | -4.22% |