Welcome to our dedicated page for Coastalsouth Ban SEC filings (Ticker: COSO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CoastalSouth Bancshares, Inc. filings document the public-company disclosures of a bank holding company whose wholly owned subsidiary is Coastal States Bank. Recent Form 8-K reports furnish quarterly operating results, financial-condition updates, investor presentation materials under Regulation FD, and board-authorized capital actions such as common-stock repurchase programs.
The company's proxy and governance filings cover annual shareholder meeting matters, director elections, auditor ratification, board appointments and director departures. These records also disclose share-voting outcomes, committee-related governance information, and related-party banking relationships when they are material to board independence or Regulation S-K disclosure.
CoastalSouth Bancshares, Inc. reported continued balance sheet growth and higher earnings in the first half of 2025. Total assets rose to $2.22 billion from $2.10 billion a year earlier, driven by growth in loans held for investment to $1.53 billion and loans held for sale to $209.1 million. Deposits increased to $1.97 billion, supporting loan originations and mortgage warehouse activity.
Net interest income strengthened to $34.84 million for the six months, driving pretax income of $13.62 million and net income of $11.02 million, up from $8.32 million a year earlier. Management increased the provision for credit losses to $1.38 million and the allowance for credit losses totaled $21.0 million including reserves for unfunded commitments. Investment securities had $22.3 million of unrealized losses, which management attributed to rate-related valuation changes rather than credit impairment.