CoastalSouth reports Q2 net income of $7.3M ($0.59/share), declares $0.05 dividend

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $7.3M ($0.59/share) up 16% from Q1's $6.3M and 22% year-over-year; return on average tangible common equity 10.06%.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest margin expanded 7 bps to 3.66% as deposit costs fell 6 bps to 2.48%, driven by CD repricing; new loan yields of 6.67% run 42 bps above portfolio average.

  Exhibit 99.1 view on EDGAR →
• high

  Loans held for investment grew $78.1M in Q2 (19.3% annualized) on $181.6M in new production, 74% from community bank; year-to-date growth $88.1M (5.4%).

  Exhibit 99.1 view on EDGAR →