CoastalSouth Bancshares, Inc. (COSO)

CoastalSouth Bancshares Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	108.79	103.32	91.34	56.37	41.24
Interest Income on Investments	18.92	20.33	15.68	10.22	4.76
Total Interest Income	127.71	123.65	107.02	66.58	46
Interest Paid on Deposits	52.28	53.44	39.3	7.38	3.57
Interest Paid on Borrowings	1.54	4.88	3.42	2.24	1.19
Total Interest Expense	53.82	58.33	42.72	9.62	4.75
Net Interest Income	73.89	65.32	64.29	56.96	41.25
Net Interest Income Growth (YoY)	13.12%	1.60%	12.87%	38.10%	29.25%
Mortgage Banking Activities	1.18	-	-	-	-
Gain (Loss) on Sale of Investments	-0.01	-3.47	-0.52	-	-0.06
Other Non-Interest Income	4.46	5.32	7	4.53	6.04
Total Non-Interest Income	8.07	4.51	8.59	7.19	9.55
Non-Interest Income Growth (YoY)	78.80%	-47.48%	19.53%	-24.69%	48.62%
Revenues Before Loan Losses	81.96	69.84	72.89	64.15	50.79
Provision for Loan Losses	3.2	0.55	1.54	5.08	1.33
Revenue	78.77	69.28	71.35	59.07	49.47
Revenue Growth (YoY)	13.69%	-2.89%	20.77%	19.42%	40.93%
Salaries and Employee Benefits	28.32	24.89	23.48	22.45	21.06
Occupancy Expenses	3.32	1.9	1.93	1.76	1.66
Federal Deposit Insurance	1.49	1.29	1.48	1.16	1.01
Selling, General & Administrative	8.21	10.26	9.96	8.07	8.49
Other Non-Interest Expense	6.29	3.74	3	1.8	0.98
Total Non-Interest Expense	47.63	42.07	39.85	35.24	33.57
EBT Excluding Unusual Items	31.14	27.22	31.5	23.83	15.89
Other Unusual Items	-	-	-	-	1.65
Pretax Income	31.14	27.22	31.5	23.83	15.47
Income Tax Expense	6.24	5.31	7.02	5.64	3.14
Earnings From Continuing Operations	24.89	21.9	24.48	18.19	12.32
Net Income	24.89	21.9	24.48	18.19	12.32
Net Income to Common	24.89	21.9	24.48	18.19	12.32
Net Income Growth	13.64%	-10.52%	34.57%	47.62%	93.50%
Basic Shares Outstanding	11	10	9	9	8
Diluted Shares Outstanding	12	10	10	9	8
Shares Change (YoY)	10.02%	10.16%	7.36%	6.37%	4.22%
EPS (Basic)	2.24	2.15	2.61	2.09	1.51
EPS (Diluted)	2.16	2.09	2.58	2.05	1.48
EPS Growth	3.35%	-18.99%	25.85%	38.51%	85.09%
Effective Tax Rate	20.05%	19.52%	22.28%	23.67%	20.33%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.