Coastal Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	392.96	372.02	304.29	183.35	82.11	61.91
Interest Income on Investments	31.22	24.76	18.93	8.82	0.97	1.13
Total Interest Income	424.18	396.78	323.22	192.17	83.08	63.04
Interest Paid on Deposits	118.46	120.93	89	19	2.33	4.29
Interest Paid on Borrowings	2.65	2.82	2.64	1.39	1.32	1.36
Total Interest Expense	121.1	123.75	91.64	20.4	3.65	5.65
Net Interest Income	303.08	273.03	231.58	171.78	79.44	57.39
Net Interest Income Growth (YoY)	19.72%	17.90%	34.81%	116.24%	38.43%	36.60%
Gain (Loss) on Sale of Assets	-	-	-	-	1.26	-
Gain (Loss) on Sale of Investments	-0.41	0.03	0.28	-0.15	1.47	-0.4
Other Non-Interest Income	243.85	304.44	199.74	119.29	21.29	5.41
Total Non-Interest Income	247.05	308.21	204.12	122.94	28.12	8.18
Non-Interest Income Growth (YoY)	-16.47%	50.99%	66.03%	337.24%	243.66%	-0.22%
Revenues Before Loan Losses	550.12	581.23	435.7	294.72	107.56	65.57
Provision for Loan Losses	206.46	277.61	183.99	79.06	9.92	8.31
Revenue	343.67	303.63	251.71	215.65	97.64	57.26
Revenue Growth (YoY)	26.17%	20.63%	16.72%	120.87%	70.52%	20.13%
Salaries and Employee Benefits	75.06	65.24	62.77	49.71	35.82	22.58
Occupancy Expenses	2.48	2.55	2.86	2.75	2.7	2.48
Federal Deposit Insurance	3.11	2.86	2.52	2.86	1.63	0.52
Amortization of Goodwill & Intangibles	-	-	-	-	-	1.32
Selling, General & Administrative	51.51	39.64	32.3	20	13.13	7.45
Other Non-Interest Expense	148.97	134.73	92.14	87.52	9.99	3.77
Total Non-Interest Expense	281.25	245.16	192.6	162.83	63.26	38.12
EBT Excluding Unusual Items	62.42	58.47	59.11	52.83	34.38	19.14
Pretax Income	62.42	58.47	59.11	52.83	34.38	19.14
Income Tax Expense	14.7	13.25	14.53	12.2	7.37	4
Net Income	47.72	45.22	44.58	40.63	27.01	15.15
Net Income to Common	47.72	45.22	44.58	40.63	27.01	15.15
Net Income Growth	16.77%	1.44%	9.73%	50.43%	78.30%	14.73%
Basic Shares Outstanding	15	14	13	13	12	12
Diluted Shares Outstanding	15	14	14	14	13	12
Shares Change (YoY)	9.66%	1.74%	0.93%	7.94%	2.56%	0.11%
EPS (Basic)	3.24	3.35	3.36	3.14	2.25	1.27
EPS (Diluted)	3.17	3.26	3.27	3.01	2.16	1.24
EPS Growth	6.19%	-0.31%	8.64%	39.35%	74.19%	14.82%
Effective Tax Rate	23.55%	22.66%	24.58%	23.09%	21.45%	20.87%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.