The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 13,592 | 20,758 |
| Provision for credit losses | 56,598 | 87,992 |
| Depreciation and amortization | 1,600 | 3,221 |
| Increase in operating lease right-of-use assets | 217 | 430 |
| Increase in operating lease liabilities | 221 | 437 |
| Net amortization on investment securities | -1 | -13 |
| Unrealized holding loss (gain) on equity investment, net | 9 | -423 |
| Stock-based compensation | 50 | 4,534 |
| Increase in bank-owned life insurance value | 129 | 255 |
| Deferred tax expense | 4,627 | -228 |
| Net change in ccbx receivable | 3,251 | -1,129 |
| Net change in ccbx credit enhancement asset | 9,962 | -14,111 |
| Net change in ccbx payable | -1,718 | 3,768 |
| Net change in other assets and liabilities | 2,352 | -2,261 |
| Total adjustments | 45,451 | 116,962 |
| Net cash provided by operating activities | 59,043 | 137,720 |
| Change in other investments, net | 248 | 2,144 |
| Proceeds from sales of loans held for sale | - | 2,044,298 |
| Principal paydowns of investment securities available-for-sale | 2 | 3 |
| Principal paydowns of investment securities held-to-maturity | 1,632 | 1,729 |
| Purchase of loans | - | 0 |
| Maturities and calls of investment securities available-for-sale | 0 | 0 |
| Purchase of bank owned life insurance | 0 | 18 |
| Proceeds from sales of loans held for sale | 3,661,886 | - |
| Purchase of loans | -11,199 | - |
| Increase in loans receivable, net | 1,823,970 | 2,235,451 |
| Purchases of premises and equipment, net | 1,665 | 4,842 |
| Net cash used by investing activities | -195,462 | -196,425 |
| Net increase in demand deposits, money market, and savings | 59,748 | 331,828 |
| Net decrease in time deposits | -756 | -3,589 |
| Proceeds from exercise of stock options, net of shares withheld to cover | 27 | 21 |
| Net cash for shares held to cover on restricted stock vesting | 101 | 2,381 |
| Proceeds from public offering, expense true-up | 0 | 72 |
| Net cash provided by financing activities | 58,918 | 325,951 |
| Net change in cash, due from banks and restricted cash | -77,501 | 267,246 |
| Cash and cash equivalents at beginning of period | 452,513 | - |
| Cash and cash equivalents at end of period | 642,258 | - |
COASTAL FINANCIAL CORP (CCB)
COASTAL FINANCIAL CORP (CCB)