Coastalsouth Ban Stock Price, News & Analysis

CoastalSouth Bancshares (NYSE:COSO) reported Q3 2025 net income $6.7M ($0.54 diluted), down from $7.9M ($0.75) in Q3 2024 but up from $6.0M in Q2 2025. YTD net income $17.8M ($1.58) vs $16.2M a year earlier.

Key operating metrics: NIM 3.58% (+12 bps QoQ), ROAE 10.84%, efficiency ratio 55.69%, and LHFI production of $137.3M in Q3 led to LHFI growth. Total assets were $2.26B, deposits $1.95B. Completed IPO on July 2, 2025, raising net proceeds of $30.2M.

Credit metrics: allowance on LHFI 1.16%, nonperforming assets 0.63% (adjusted 0.43%), provision for credit losses $653k.

Coastal States Bank (COSO) announced on October 16, 2025 that Will Rivenbark joined as Executive Vice President and Head of Commercial Real Estate Lending.

Rivenbark brings more than 20 years of commercial real estate lending experience and will oversee production of new CRE loans across CSB’s community banking markets, including financing for owner-occupied and investment properties, acquisitions, developments and new construction. Leadership said his background supports CSB’s organic growth and expansion in Atlanta and the Southeast. Rivenbark is active in local chambers and several nonprofit organizations and said he aims to build long-term value for clients and shareholders.

Coastal States Bank (NASDAQ:COSO) has appointed David DeLucia as Vice President, Business Banker for its Atlanta region. DeLucia brings 18 years of business banking experience and extensive knowledge of the North Georgia and Metro Atlanta markets.

The new VP will focus on providing customized lending, deposit, and treasury management solutions to small businesses. A University of South Florida graduate, DeLucia is actively involved in Metro Atlanta veterans' organizations, demonstrating CSB's commitment to community engagement and relationship-driven banking services.

Coastal States Bank (NASDAQ:COSO) announced that Carol Stone, Senior Vice President and Commercial Lender, has been inducted into the Home Builders Association of Georgia Hall of Fame. With 35 years of industry experience, Stone has served in key roles including Associate Vice President and Executive Committee member for the Greater Savannah HBA.

Stone's recognition includes multiple awards such as Associate of the Year for HBAG, GAHBA, and Greater Savannah HBA, along with the GAHBA Presidential Award and Lewis Cenker Award. The induction ceremony took place at the Annual HBAG Fall Convention on Amelia Island in September.

Coastal States Bank (NASDAQ:COSO) has strengthened its Atlanta retail banking team with two key appointments. Ronye Cooper joins as Assistant Vice President and Team Leader for the Sandy Springs branch, bringing over 15 years of industry experience. SJ Lofton has been appointed Assistant Vice President and Team Leader at the Akers Mill branch in Cobb County.

Both leaders will focus on business development and client account management for consumers and small businesses in their respective branches. Chief Retail and Experience Officer Rhonda Thornton emphasized that these appointments align with CSB's mission of delivering customized, relationship-driven banking services to local communities.

Coastal States Bank (COSO) has promoted Laura Fraser to the position of Lowcountry Market President. Fraser, who previously served as Regional Credit Officer for Savannah and Lowcountry markets, brings over 15 years of commercial banking experience to her new role.

In her new position, Fraser will lead commercial banking teams across Hilton Head Island, Bluffton, and Beaufort, focusing on growing business relationships and providing customized banking solutions. Her appointment aims to strengthen CSB's presence in the Lowcountry region while maintaining the bank's commitment to community-focused banking services.

Coastal States Bank (COSO) has announced significant changes to its senior leadership team. Rhonda Thornton has been appointed as Chief Retail and Experience Officer, overseeing retail operations across Lowcountry, Savannah, and Atlanta Regions. Additionally, Brian Smith has been promoted to Coastal Regional President, while Jeremy Summerell joins as Savannah Market President.

Diana McDougall, a founding member since 2004, will transition from Lowcountry Regional President to Community Engagement Officer. These strategic appointments aim to strengthen CSB's leadership structure and enhance client experience while supporting the bank's growth initiatives across its key markets.

CoastalSouth Bancshares (NYSE:COSO) reported strong Q2 2025 financial results with net income of $6.0 million, or $0.57 per diluted share, up from $5.1 million in Q1 2025. The company recently completed its IPO, raising $34.0 million through the sale of 1.7 million shares at $21.50 per share.

Key highlights include net interest margin expansion to 3.46%, loan growth of 15.0% annualized, and improved deposit metrics. Total assets reached $2.22 billion, with gross loans held for investment at $1.53 billion. Credit quality remained solid with net charge-offs at 0.06% and nonperforming assets at 0.66% of total assets.

The bank strengthened its team by adding four commercial bankers and two business development officers, positioning itself for continued growth in H2 2025.

Coastal States Bank (COSO) has appointed Scott Hall as Senior Vice President and Commercial Banker, focusing on the Alpharetta and North Fulton market. Hall brings over 25 years of commercial banking experience in Metro Atlanta and will be responsible for acquiring and growing commercial client relationships in Atlanta's northern communities.

Hall's educational background includes degrees from The University of Georgia, Piedmont College, and the Graduate School of Banking at LSU. He has completed leadership programs including Leadership North Fulton and Leadership Forsyth, and has been involved with the Georgia Bankers Association and Risk Management Association.