CoastalSouth Bancshares Inc
coastalstatesbank.comWhat Do They Do?
Provides loans, deposit accounts and mortgage services to small and midsize businesses and individuals in its markets.
10-K for FY2025, filed Mar 12, 2026We are a full-service commercial bank focused on delivering personalized service in an efficient and reliable manner to the small-to…View ↗
We principally focus our lending activities on loans that we originate from borrowers located in our market areas. We seek to be the…View ↗
Loans held-for-sale ("LHFS") are comprised of loans acquired through mortgage warehouse lending activities and origination of mortgage…View ↗
We offer traditional depository products, including checking, savings, money market and certificates of deposits, to individuals…View ↗
How Do They Make Money?
Debit-card purchases generate interchange fees through payment networks, based on transaction value; deposit customers pay transaction, monthly account-maintenance and overdraft charges from their account balances. The bank’s largest overall revenue source is interest earned on loans and other earning assets, less interest paid on deposits and borrowings.
10-K for FY2025, filed Mar 12, 2026Interchange income and card fees — The Company earns interchange fees from debit cardholder transactions conducted through a payment…View ↗
Service charges on deposit accounts — The Company earns fees from its deposit customers for transaction-based, account maintenance, and…View ↗
The management of interest income and expense is fundamental to our financial performance. Net interest income, the difference between…View ↗
Net interest income for the year ended December 31, 2025 was $73.9 million compared to $65.3 million for the year ended December 31, 2024…View ↗
Interest expense for the year ended December 31, 2025 was $53.8 million compared to $58.3 million for the year ended December 31, 2024.…View ↗
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10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by product or service ↗
$2M
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10-K for FY2025, filed Mar 12, 2026
$2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Interchange Income and Card Fees
Usage-based
10-K for FY2025, filed Mar 12, 2026 |
50% |
Interchange Income and Card Fees, FY2025
$991K Sources
|
Usage-based |
|
Service Charges on Deposit Accounts
|
45% |
Service Charges on Deposit Accounts, FY2025
$890K Sources
|
|
|
Other Noninterest Income
|
5.2% |
Other Noninterest Income, FY2025
$104K Sources
|
Who Are Their Customers?
Serves small and midsize businesses, individuals and municipalities through its community bank and branch network; its specialty lending and mortgage activities also involve third-party mortgage originators and investors.
10-K for FY2025, filed Mar 12, 2026We are a full-service commercial bank focused on delivering personalized service in an efficient and reliable manner to the small-to…View ↗
We principally focus our lending activities on loans that we originate from borrowers located in our market areas. We seek to be the…View ↗
Loans held-for-sale ("LHFS") are comprised of loans acquired through mortgage warehouse lending activities and origination of mortgage…View ↗
We offer traditional depository products, including checking, savings, money market and certificates of deposits, to individuals…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 3088 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 7, 2026
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