Coastal Financial Corporation (CCB)

NASDAQ: CCB · IEX Real-Time Price · USD
38.87
+0.41 (1.07%)
At close: Mar 28, 2024, 4:00 PM
39.86
+0.99 (2.55%)
After-hours: Mar 28, 2024, 6:38 PM EDT

Company Description

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.

It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts.

The company also offers commercial and industrial loans, such as term loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, small business administration loans, and other loan products; owner and non-owner-occupied real estate loans, and multi-family residential loans; construction, land, and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as personal lines of credit, including overdraft protection.

In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services; and debit cards.

Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as Banking as a Service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their customers banking services.

Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Coastal Financial Corporation
Coastal Financial logo
Country United States
Founded 1997
IPO Date Jul 18, 2018
Industry Banks - Regional
Sector Financials
Employees 507
CEO Eric M. Sprink

Contact Details

Address:
5415 Evergreen Way
Everett, Washington 98203
United States
Phone 425-257-1652
Website coastalbank.com

Stock Details

Ticker Symbol CCB
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001437958
CUSIP Number 19046P209
ISIN Number US19046P2092
SIC Code 6022

Key Executives

Name Position
Eric M. Sprink Chief Executive Officer and Director
Curt T. Queyrouze President
Joel G. Edwards Executive Vice President, Chief Financial Officer and Corporate Secretary
Erika Heer Executive Vice President and Chief Human Resources Officer
Russell A. Keithley Executive Vice President and Chief Banking Officer
Laura L. Byers Chief Digital Banking Officer and Executive Vice President
Jonathan E. Sand Executive Vice President and Chief Credit Officer
Tyler Ferguson Executive Vice President and Chief Credit Officer of CCBX
Andrew G. Stines Executive Vice President and Chief Risk Officer
Michael E. Culp Executive Vice President and Chief Revenue Officer

Latest SEC Filings

Date Type Title
Mar 15, 2024 10-K Annual Report
Feb 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 14, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Feb 5, 2024 144 Filing
Feb 5, 2024 144 Filing
Jan 30, 2024 8-K Current Report
Jan 30, 2024 8-K Current Report
Jan 29, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 4, 2024 8-K Current Report
Nov 8, 2023 10-Q Quarterly Report