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CoastalSouth Bancshares, Inc. (NYSE: COSO), the holding company for Coastal States Bank, regularly issues news and updates that reflect its activities as a commercial banking organization headquartered in Atlanta, Georgia. Through its South Carolina state‑chartered subsidiary, the company focuses on relationship‑driven banking for businesses, real estate professionals, and consumers.
News for CoastalSouth Bancshares and Coastal States Bank often includes quarterly earnings announcements and discussions of results of operations and financial condition, as seen in company press releases that are also referenced in Form 8‑K filings. These updates provide insight into net income, net interest income, loan production, deposit trends, and credit quality metrics as reported by the company.
In addition to financial results, the company frequently announces leadership and personnel changes at Coastal States Bank, such as appointments of market presidents, regional leaders, and senior commercial bankers. These releases highlight the bank’s efforts to support growth in its core community banking markets in the Lowcountry of South Carolina, Savannah, and the Atlanta metropolitan area, as well as to strengthen specialized business lines.
Other news items describe the bank’s focus on commercial real estate lending, business banking, and its specialty lines of business, including Government Guaranteed Lending, Senior Housing, Correspondent Marine or Marine Lending, and Mortgage Banker Finance. Together, these articles give investors and clients a view into how the company is developing its community banking presence and specialty lending activities.
Investors, analysts, and customers can use this news feed to follow CoastalSouth Bancshares, Inc. and Coastal States Bank across earnings cycles, leadership updates, and strategic developments in their community and specialty banking operations.
CoastalSouth Bancshares (NYSE: COSO) announced a quarterly cash dividend of $0.05 per share on its common stock. The dividend was approved by the board and is payable on February 26, 2026 to shareholders of record as of February 12, 2026.
CoastalSouth Bancshares (NYSE:COSO) reported Q4 2025 net income of $7.1M ($0.58 diluted) and FY2025 net income of $24.9M ($2.16 diluted), up from $21.9M in 2024. The company cited PPNR of $34.3M (+23.6% YoY), net interest income of $19.9M (+22.1% YoY), and loan production of $225.1M in Q4 that drove LHFI to $1.62B (+14.7% YoY). Total assets were $2.31B and deposits $1.99B at December 31, 2025. Management announced strategic expansion into the Charleston, SC market.
Coastal States Bank (NYSE:COSO) announced expansion into the Charleston, South Carolina market and formation of a locally based commercial banking team. Edward Vaughan will serve as Charleston Market President, joined by David Wenger and Thomas Pritchard; the team brings more than 50 years of combined banking experience. The group will focus on deposit and loan relationships via C&I lending, commercial real estate lending, and treasury management for small and mid-sized businesses. Leadership described the move as a continuation of the bank's Lowcountry growth following its initial public offering and NYSE listing last July.
CoastalSouth Bancshares (NYSE:COSO) celebrated its initial public offering and New York Stock Exchange listing with an Opening Bell ceremony on January 7, 2026.
The ceremony featured Chairman Jim MacLeod and CEO Stephen R. Stone alongside the board and senior leaders and marks the company’s transition to operating as a publicly traded holding company after completing its IPO in July 2025. Management said the listing provides resources to expand community banking services while maintaining a relationship-driven approach in Georgia, South Carolina and nationwide.
CoastalSouth Bancshares (NYSE:COSO) reported third-quarter 2025 net income of $6.7 million, or $0.54 per diluted share, versus $7.9 million, or $0.75, in Q3 2024. Year-to-date net income was $17.8 million, or $1.58 per diluted share.
Key metrics: ROAE 10.84%, net interest margin 3.58%, loan commitments of $137.3 million in Q3, LHFI growth of $25.8 million, total assets of $2.26 billion, and completed an IPO raising $30.2 million net proceeds on July 2, 2025.
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.