CoastalSouth Bancshares, Inc. (COSO)

CoastalSouth Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	104.99	103.32	91.34	56.37	41.24	34.51
Interest Income on Investments	19.92	20.33	15.68	10.22	4.76	3.17
Total Interest Income	124.91	123.65	107.02	66.58	46	37.68
Interest Paid on Deposits	53.81	53.44	39.3	7.38	3.57	5.09
Interest Paid on Borrowings	3.03	4.88	3.42	2.24	1.19	0.67
Total Interest Expense	56.83	58.33	42.72	9.62	4.75	5.77
Net Interest Income	68.07	65.32	64.29	56.96	41.25	31.91
Net Interest Income Growth (YoY)	5.62%	1.60%	12.87%	38.10%	29.25%	27.75%
Gain (Loss) on Sale of Investments	-	-3.47	-0.52	-	-0.06	0.95
Other Non-Interest Income	6	5.32	7	4.53	6.04	3.67
Total Non-Interest Income	8.6	4.51	8.59	7.19	9.55	6.42
Non-Interest Income Growth (YoY)	95.56%	-47.48%	19.53%	-24.69%	48.62%	-1.17%
Revenues Before Loan Losses	76.67	69.84	72.89	64.15	50.79	38.34
Provision for Loan Losses	1.6	0.55	1.54	5.08	1.33	3.24
Revenue	75.07	69.28	71.35	59.07	49.47	35.1
Revenue Growth (YoY)	10.24%	-2.89%	20.77%	19.42%	40.93%	18.53%
Salaries and Employee Benefits	26.05	24.89	23.48	22.45	21.06	16.44
Occupancy Expenses	1.98	1.9	1.93	1.76	1.66	1.23
Federal Deposit Insurance	1.39	1.29	1.48	1.16	1.01	0.62
Selling, General & Administrative	11.07	10.26	9.96	8.07	8.49	5.53
Other Non-Interest Expense	4.19	3.74	3	1.8	0.98	2.83
Total Non-Interest Expense	44.68	42.07	39.85	35.24	33.57	26.88
EBT Excluding Unusual Items	30.4	27.22	31.5	23.83	15.89	8.22
Other Unusual Items	-	-	-	-	1.65	-
Pretax Income	30.4	27.22	31.5	23.83	15.47	8.22
Income Tax Expense	5.79	5.31	7.02	5.64	3.14	1.85
Earnings From Continuing Operations	24.6	21.9	24.48	18.19	12.32	6.37
Net Income	24.6	21.9	24.48	18.19	12.32	6.37
Net Income to Common	24.6	21.9	24.48	18.19	12.32	6.37
Net Income Growth	21.51%	-10.52%	34.57%	47.62%	93.50%	144.64%
Basic Shares Outstanding	10	10	9	9	8	8
Diluted Shares Outstanding	11	10	10	9	8	8
Shares Change (YoY)	6.29%	10.16%	7.36%	6.37%	4.22%	10.06%
EPS (Basic)	2.40	2.15	2.61	2.09	1.51	0.80
EPS (Diluted)	2.32	2.09	2.58	2.05	1.48	0.80
EPS Growth	14.72%	-18.99%	25.85%	38.51%	85.09%	122.13%
Effective Tax Rate	19.06%	19.52%	22.28%	23.67%	20.33%	22.54%

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