CoastalSouth Bancshares, Inc. (COSO)

CoastalSouth Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	105.81	103.32	91.34	56.37	41.24	34.51
Interest Income on Investments	19.44	20.33	15.68	10.22	4.76	3.17
Total Interest Income	125.24	123.65	107.02	66.58	46	37.68
Interest Paid on Deposits	52.85	53.44	39.3	7.38	3.57	5.09
Interest Paid on Borrowings	2.09	4.88	3.42	2.24	1.19	0.67
Total Interest Expense	54.95	58.33	42.72	9.62	4.75	5.77
Net Interest Income	70.3	65.32	64.29	56.96	41.25	31.91
Net Interest Income Growth (YoY)	7.14%	1.60%	12.87%	38.10%	29.25%	27.75%
Gain (Loss) on Sale of Investments	-0.01	-3.47	-0.52	-	-0.06	0.95
Other Non-Interest Income	5.82	5.32	7	4.53	6.04	3.67
Total Non-Interest Income	7.73	4.51	8.59	7.19	9.55	6.42
Non-Interest Income Growth (YoY)	26.60%	-47.48%	19.53%	-24.69%	48.62%	-1.17%
Revenues Before Loan Losses	78.03	69.84	72.89	64.15	50.79	38.34
Provision for Loan Losses	3.27	0.55	1.54	5.08	1.33	3.24
Revenue	74.76	69.28	71.35	59.07	49.47	35.1
Revenue Growth (YoY)	2.63%	-2.89%	20.77%	19.42%	40.93%	18.53%
Salaries and Employee Benefits	26.14	24.89	23.48	22.45	21.06	16.44
Occupancy Expenses	2.11	1.9	1.93	1.76	1.66	1.23
Federal Deposit Insurance	1.46	1.29	1.48	1.16	1.01	0.62
Selling, General & Administrative	11.5	10.26	9.96	8.07	8.49	5.53
Other Non-Interest Expense	4.49	3.74	3	1.8	0.98	2.83
Total Non-Interest Expense	45.7	42.07	39.85	35.24	33.57	26.88
EBT Excluding Unusual Items	29.06	27.22	31.5	23.83	15.89	8.22
Other Unusual Items	-	-	-	-	1.65	-
Pretax Income	29.06	27.22	31.5	23.83	15.47	8.22
Income Tax Expense	5.6	5.31	7.02	5.64	3.14	1.85
Earnings From Continuing Operations	23.46	21.9	24.48	18.19	12.32	6.37
Net Income	23.46	21.9	24.48	18.19	12.32	6.37
Net Income to Common	23.46	21.9	24.48	18.19	12.32	6.37
Net Income Growth	0.44%	-10.52%	34.57%	47.62%	93.50%	144.64%
Basic Shares Outstanding	11	10	9	9	8	8
Diluted Shares Outstanding	11	10	10	9	8	8
Shares Change (YoY)	8.23%	10.16%	7.36%	6.37%	4.22%	10.06%
EPS (Basic)	2.19	2.15	2.61	2.09	1.51	0.80
EPS (Diluted)	2.12	2.09	2.58	2.05	1.48	0.80
EPS Growth	-7.25%	-18.99%	25.85%	38.51%	85.09%	122.13%
Effective Tax Rate	19.26%	19.52%	22.28%	23.67%	20.33%	22.54%

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