For the year ending 2025-12-31, COSO had $11,806K increase in cash & cash equivalents over the period. $61,298K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 24,892 |
| Provision for credit losses | 3,196 |
| Depreciation expense and software amortization | 1,504 |
| Increase in cash value of bank-owned life insurance | 1,812 |
| Stock-based compensation expense | 946 |
| Net loss on sale of available-for-sale securities | -10 |
| Amortization of operating lease right-of-use assets | 819 |
| Amortization of debt issuance costs | 275 |
| Writedown on other real estate owned | 99 |
| Write down on repossessed assets | 119 |
| Net loss on sale of repossessed assets | 17 |
| Net gain on sale of other real estate owned | 64 |
| Gain on sale of government guaranteed loans, including originations of servicing rights | 1,560 |
| Gain on sale of other loans | -41 |
| Income from mortgage operations | 1,176 |
| Discount accretion and premium amortization on securities available-for-sale | 876 |
| Amortization of intangible assets | 536 |
| Deferred income tax (benefit) expense | -211 |
| Originations of loans held for sale | 6,659,133 |
| Proceeds from loans held for sale | 6,693,314 |
| (decrease) increase in other assets | 146 |
| Decrease (increase) in other liabilities | 2,420 |
| Net cash provided (used) by operating activities | 63,128 |
| Purchase of securities available-for-sale | 49,528 |
| Proceeds from sales of securities available-for-sale | 4,956 |
| Proceeds from paydowns, calls, and maturities on securities available-for-sale | 60,913 |
| Net (purchase) sale of non-marketable equity securities | -1,276 |
| Loan originations and principal collections, net | 238,159 |
| Net purchase of premises, furniture and equipment | 1,830 |
| Proceeds from sales of other real estate owned | 829 |
| Net cash used by investing activities | -224,095 |
| Net increase in deposits | 152,882 |
| Net proceeds (repayment) of federal home loan bank of atlanta borrowings | 15,000 |
| Net proceeds from issuance of common stock through initial public offering | 31,858 |
| Proceeds from issuance of common stock under incentive plan | 102 |
| Repurchase of common stock | 69 |
| Repayment of commercial line of credit | 12,000 |
| Repayment of subordinated debt | 15,000 |
| Net cash provided by financing activities | 172,773 |
| Net increase (decrease) in cash and cash equivalents | 11,806 |
| Cash and cash equivalents, beginning of year | 67,961 |
| Cash and cash equivalents, end of year | 79,767 |
CoastalSouth Bancshares, Inc. (COSO)
CoastalSouth Bancshares, Inc. (COSO)