← COASTAL FINANCIAL CORP
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Loans receivable | $767.9m | $939.1m | $1.5b | $1.7b | $2.6b | $3.0b | $3.5b | $3.7b | |
| CCBX receivable | — | — | — | $1.3m | $10.4m | $9.1m | $14.1m | $23.0m | |
| Accrued interest receivable | $2.5m | $3.0m | $8.6m | $8.1m | $17.8m | $26.8m | $21.1m | $18.6m | |
| Total loans receivable, net | $758.5m | $927.6m | $1.5b | $1.7b | $2.6b | $2.9b | $3.3b | $3.6b | |
| Intangible assets, net | — | — | — | — | — | — | $0 | $4.5m | |
| Lease right-of-use assets | — | $8.5m | $7.1m | $6.1m | $5.0m | $5.9m | $5.2m | $4.8m | |
| Other assets | $1.2m | $1.7m | $2.1m | $12.7m | $4.2m | $12.0m | $13.6m | $20.3m | |
| Cash and due from banks | $16.3m | $16.6m | $19.0m | $14.5m | $32.7m | $31.3m | $36.5m | $34.2m | |
| Interest earning deposits with other banks | $109.5m | $111.3m | $144.2m | $798.7m | $309.4m | $451.8m | $416.0m | $702.7m | |
| Investment securities, available-for-sale, at fair value | — | — | — | $35.3m | $97.3m | $99.5m | $35k | $29k | |
| Investment securities, held-to-maturity, at amortized cost | — | — | — | $1.3m | $1.0m | $50.9m | $47.3m | $48.2m | |
| Other investments | $3.8m | $4.5m | $6.1m | $8.5m | $10.6m | $10.2m | $10.8m | $12.8m | |
| Loans held for sale | — | — | — | — | — | $0 | $20.6m | $71.2m | |
| Allowance for credit losses | — | — | — | ($28.6m) | ($74.0m) | ($117.0m) | ($177.0m) | ($169.5m) | |
| CCBX credit enhancement asset | — | — | — | $8.7m | $53.4m | $107.9m | $181.9m | $177.7m | |
| Premises and equipment, net | $13.2m | $13.1m | $17.1m | $17.2m | $18.2m | $22.1m | $27.4m | $29.3m | |
| Bank-owned life insurance, net | $6.7m | $6.9m | $7.1m | $12.3m | $12.7m | $12.9m | $13.4m | $13.9m | |
| Deferred tax asset, net | $2.5m | $2.7m | $3.8m | $6.8m | $18.5m | $3.8m | $3.6m | $0 | |
| Deposits | $803.6m | $968.0m | $1.4b | $2.4b | $2.8b | $3.4b | $3.6b | $4.1b | |
| Principal amount $45,000 (less unamortized debt issuance costs of $557 and $707) at December 31, 2025 and December 31, 2024, respectively | $10.0m | $10.0m | $10.0m | $24.3m | $44.0m | $44.1m | $44.3m | $44.4m | |
| Principal amount $3,609 (less unamortized debt issuance costs of $16 and $18 at December 31, 2025 and December 31, 2024, respectively) | $3.6m | $3.6m | $3.6m | $3.6m | $3.6m | $3.6m | $3.6m | $3.6m | |
| Deferred compensation | $1.1m | $974k | $863k | $744k | $616k | $479k | $332k | $267k | |
| Lease liabilities | — | — | — | — | — | $6.1m | $5.4m | $5.0m | |
| CCBX payable | — | — | — | $1.8m | $20.4m | $33.7m | $29.2m | $27.5m | |
| Other liabilities | $4.4m | $2.9m | $3.6m | $10.2m | $8.9m | $9.1m | $13.4m | $23.2m | |
| Authorized: 25,000,000 shares at December 31, 2025 and December 31, 2024; issued and outstanding: zero shares at December 31, 2025 and December 31, 2024 | — | — | — | 0 | 0 | 0 | 0 | 0 | |
| Authorized: 300,000,000 shares at December 31, 2025 and December 31, 2024; 15,140,192 shares at December 31, 2025 issued and outstanding and 14,935,298 shares at December 31, 2024 issued and outstanding | 86.4m | 87.0m | 87.8m | 121.8m | 125.8m | 130.1m | 228.2m | 233.4m | |
| Total shareholders’ equity | $109.2m | $124.2m | $140.2m | $201.2m | $243.5m | $295.0m | $438.7m | $491.0m | |
| Total assets | $952.1m | $1.1b | $1.8b | $2.6b | $3.1b | $3.8b | $4.1b | $4.7b | |
| Accrued interest payable | $279k | $308k | $531k | $357k | $684k | $892k | $962k | $1.4m | |
| Deferred tax liability, net | — | — | — | — | — | — | $0 | $853k | |
| Total liabilities | $843.0m | $1.0b | $1.6b | $2.4b | $2.9b | $3.5b | $3.7b | $4.3b | |
| Retained earnings | $24.0m | $37.2m | $52.4m | $79.4m | $120.0m | $165.3m | $210.5m | $257.5m | |
| Accumulated other comprehensive loss, net of tax | ($1.3m) | ($32k) | $34k | $4k | ($2.3m) | ($469k) | ($2k) | ($1k) | |
| Total liabilities and shareholders’ equity | $952.1m | $1.1b | $1.8b | $2.6b | $3.1b | $3.8b | $4.1b | $4.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.