CoastalSouth Bancshares (COSO) investor relations material

Executive summary

• Achieved $0.59 diluted EPS for Q2 2026, with net income of $7.3 million, total assets at $2.42 billion, and total loans at $1.93 billion.

• Six-month net income reached $13.7 million ($1.10 per diluted share), compared to $11.0 million ($1.04) for the same period in 2025.

• Annualized loan growth (LHFI) was 19.3% quarter-over-quarter, with loan production of $181.6 million in Q2 2026.

• Net interest margin improved to 3.66%, and return on average tangible common equity was 11.23%.

• Maintained strong credit quality with minimal net charge-offs and stable nonperforming assets.

Financial highlights

• Net interest income for Q2 2026 was $20.7 million, up 4.7% sequentially and 14.3% year-over-year.

• Efficiency ratio improved to 58.49% from 60.08% in Q1 2026.

• Book value per share grew $0.53 to $22.47; tangible book value per share up $0.54 to $22.06.

• Average total deposits rose $21.0 million sequentially and $100.3 million year-over-year, though total deposits decreased $9.5 million sequentially.

• Noninterest income was $2.2 million, up 12% sequentially; noninterest expense was $13.4 million, up 2.5%.

Outlook and guidance

• Regulatory capital ratios remain strong, supporting further balance sheet expansion.

• Continued focus on organic growth, banker recruitment, and expansion in key Southeast markets, including opportunities from recent M&A activity.

• Effective deposit repricing and risk management expected to support margins.