Every 10-Q that Coastal Financial Corporation (CCB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CCB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCB filings page.
Coastal Financial Corporation, parent of Coastal Community Bank and CCBX, reported a sharp swing to loss for the quarter and first half of 2026. For Q2 2026 it recorded a net loss of $42.1 million, or $2.76 per share, versus $11.0 million of profit a year earlier. Net interest income rose to $89.4 million, but was more than offset by a $92.2 million provision for credit losses tied largely to CCBX consumer and credit card portfolios. Noninterest income nearly doubled to $88.7 million on higher banking‑as‑a‑service fees and indemnification income, yet expenses surged to $141.1 million, including a $46.0 million valuation adjustment to a CCBX credit enhancement asset and higher BaaS loan and fraud costs.
Total assets grew to $5.46 billion and deposits to $4.86 billion as loans expanded to $4.22 billion, driven by CCBX growth in credit cards, consumer loans and residential real estate. Credit quality metrics weakened: nonaccrual loans increased to $36.7 million and 90‑day‑plus past‑due loans that still accrue interest rose to $38.5 million, mainly in CCBX. The allowance for credit losses increased to $213.7 million, reflecting elevated charge‑offs and higher expected losses on the rapidly scaled BaaS portfolios.
Coastal Financial Corporation reported stronger results for the quarter ended March 31, 2026. Net income rose to $12.0 million, up from $9.7 million a year earlier, with diluted earnings per share increasing to $0.78 from $0.63.
Total assets expanded to $5.66 billion from $4.74 billion at December 31, 2025, driven by growth in loans and very large cash and interest-earning deposits. Loans receivable reached $3.86 billion, while deposits increased to $5.04 billion, reflecting strong balance sheet growth.
The CCBX banking-as-a-service segment remains central to the business, generating substantial BaaS program income of $10.9 million and BaaS indemnification income of $53.8 million. At the same time, the company recorded a sizeable provision for credit losses of $51.4 million and net charge-offs of $49.6 million, largely tied to CCBX consumer and credit card portfolios. The allowance for credit losses increased to $172.4 million, and nonaccrual loans totaled $32.4 million, indicating elevated but managed credit risk as the company continues to grow its technology-driven lending platform.
Coastal Financial Corporation filed its quarterly report covering the period ended September 30, 2025. The filing provides an overview of the company’s structure, its Nasdaq Global Select Market listing for common stock under the symbol CCB, and standard disclosures about its reporting status and filer classification as an accelerated filer.
The report emphasizes extensive forward-looking statements and risk disclosures, highlighting factors such as economic conditions, real estate markets, credit quality, liquidity, regulation, and the company’s strategy for its Community Bank and CCBX segments and Banking-as-a-Service activities. It also notes that there were 15,121,263 shares of common stock outstanding as of November 3, 2025.
Coastal Financial Corporation reported a quarter of mixed results for the period ended June 30, 2025. Total assets reached $4.48 billion, up from $4.12 billion at year-end, while deposits increased to $3.913 billion from $3.585 billion. Loans receivable totaled $3.540 billion, and loans held for sale rose to $60.5 million as the company sold $2.04 billion of CCBX-originated loans in the six months.
Net interest income improved to $76.737 million for the quarter versus $66.172 million a year earlier, but provision for credit losses was $32.211 million. Net income was $11.028 million for the quarter ($20.758 million for six months). Noninterest income fell to $42.693 million in Q2 from $69.138 million, driven by lower BaaS credit enhancement and indemnification income, while noninterest expense rose to $72.832 million. The allowance for credit losses was $164.794 million at quarter-end; equity totaled $461.7 million and basic EPS was $0.73.