CoastalSouth Bancshares (COSO) investor relations material

Executive summary

• Record Q3 2026 net income was $8.772 million, or $0.71 per diluted share, vs. $7.333 million/$0.59 in Q2 2026 and $6.7 million/$0.54 in Q3 2025.

• 9M 2026 net income was $22.4 million, or $1.81 per diluted share, vs. $17.8 million/$1.58 in 9M 2025.

• Total assets were $2.42 billion, deposits $2.10 billion and loans $1.93 billion; the loan-to-deposit ratio was 91.84%.

• Strong loan production and government-guaranteed lending gains supported earnings; Q4 priorities included relationship-building, disciplined underwriting and investment in bankers.

Financial highlights

• Net interest income was $21.5 million, up $862,000 QoQ and 12.2% YoY; noninterest income rose 51.2% QoQ to $3.3 million, led by government-guaranteed loan sale gains.

• Net interest margin was 3.70%, up 4 bps QoQ and 12 bps YoY; net interest spread was 2.99%, vs. 2.97% in Q2.

• Pre-tax, pre-provision net revenue was $11.146 million; noninterest expense was $13.7 million, up 2.5% QoQ.

• Government-guaranteed loan sale gains were $1.6 million, up from $0.3 million in Q2; Q3 production was $26.8 million.

• The efficiency ratio improved to 55.16% from 58.49% in Q2.

Outlook and guidance

• Q4 priorities included deepening client relationships, maintaining disciplined underwriting and investing in talented bankers; no numerical guidance was stated.

• Interest rate conditions may temper Q4 loan production; Q3 new-loan weighted average coupon was 6.93%, 65 bps above the portfolio’s 6.28% weighted average yield.

• Growth priorities include organic expansion and banker recruitment, supported by local connections and client relationships.