CoastalSouth Bancshares, Inc. (COSO)

CoastalSouth Bancshares Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	111.71	108.79	103.32	91.34	56.37	41.24
Interest Income on Investments	18.55	18.92	20.33	15.68	10.22	4.76
Total Interest Income	130.26	127.71	123.65	107.02	66.58	46
Interest Paid on Deposits	52.04	52.28	53.44	39.3	7.38	3.57
Interest Paid on Borrowings	1.34	1.54	4.88	3.42	2.24	1.19
Total Interest Expense	53.38	53.82	58.33	42.72	9.62	4.75
Net Interest Income	76.88	73.89	65.32	64.29	56.96	41.25
Net Interest Income Growth (YoY)	15.26%	13.12%	1.60%	12.87%	38.10%	29.25%
Gain (Loss) on Sale of Investments	-0.01	-0.01	-3.47	-0.52	-	-0.06
Other Non-Interest Income	5.19	5.63	5.32	7	4.53	6.04
Total Non-Interest Income	8.16	8.07	4.51	8.59	7.19	9.55
Non-Interest Income Growth (YoY)	-2.77%	78.80%	-47.48%	19.53%	-24.69%	48.62%
Revenues Before Loan Losses	85.03	81.96	69.84	72.89	64.15	50.79
Provision for Loan Losses	2.95	3.2	0.55	1.54	5.08	1.33
Revenue	82.08	78.77	69.28	71.35	59.07	49.47
Revenue Growth (YoY)	10.82%	13.69%	-2.89%	20.77%	19.42%	40.93%
Salaries and Employee Benefits	28.73	27.37	24.89	23.48	22.45	21.06
Occupancy Expenses	2.31	2.22	1.9	1.93	1.76	1.66
Federal Deposit Insurance	1.5	1.49	1.29	1.48	1.16	1.01
Selling, General & Administrative	11.28	11.23	10.26	9.96	8.07	8.49
Other Non-Interest Expense	5.43	5.32	3.74	3	1.8	0.98
Total Non-Interest Expense	49.25	47.63	42.07	39.85	35.24	33.57
EBT Excluding Unusual Items	32.83	31.14	27.22	31.5	23.83	15.89
Other Unusual Items	-	-	-	-	-	1.65
Pretax Income	32.83	31.14	27.22	31.5	23.83	15.47
Income Tax Expense	6.66	6.24	5.31	7.02	5.64	3.14
Earnings From Continuing Operations	26.17	24.89	21.9	24.48	18.19	12.32
Net Income	26.17	24.89	21.9	24.48	18.19	12.32
Net Income to Common	26.17	24.89	21.9	24.48	18.19	12.32
Net Income Growth	6.71%	13.64%	-10.52%	34.57%	47.62%	93.50%
Basic Shares Outstanding	12	11	10	9	9	8
Diluted Shares Outstanding	12	12	10	10	9	8
Shares Change (YoY)	13.18%	10.02%	10.16%	7.36%	6.37%	4.22%
EPS (Basic)	2.27	2.24	2.15	2.61	2.09	1.51
EPS (Diluted)	2.19	2.16	2.09	2.58	2.05	1.48
EPS Growth	-5.16%	3.35%	-18.99%	25.85%	38.51%	85.09%
Effective Tax Rate	20.28%	20.05%	19.52%	22.28%	23.67%	20.33%

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