Every material Form 8-K CoastalSouth Bancshares, Inc. has filed with the SEC since May 01, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CoastalSouth Bancshares reported third-quarter 2026 net income of $8.8 million, or $0.71 per diluted share, up from $0.59 in the second quarter and $0.54 a year earlier. The board also declared a quarterly dividend of $0.06 per share, payable November 24, 2026, to holders of record on November 10, 2026. Book value per share fell to $22.32 as unrealized securities losses increased accumulated other comprehensive loss by $8.3 million.
Q3 2026 net income of $8.8 million, or $0.71 per diluted share, versus $7.3 million, or $0.59, in Q2 2026 and $6.7 million, or $0.54, in Q3 2025
Nine-month 2026 net income of $22.4 million, or $1.81 per diluted share, versus $17.8 million, or $1.58, a year earlier
Quarterly dividend of $0.06 per share declared October 19, 2026; record date November 10, 2026; payment date November 24, 2026
Book value per share was $22.32 at September 30, 2026, down from $22.47 at June 30, 2026; net interest margin was 3.70%
CoastalSouth Bancshares reported second-quarter 2026 net income of $7.3 million, or $0.59 per diluted share, up from $6.3 million, or $0.51 per diluted share, in the first quarter and $6.0 million, or $0.57 per diluted share, a year earlier. The company also declared a $0.05 quarterly dividend and reported a net interest margin of 3.66%, up 7 basis points from the first quarter, which helps shareholders see both earnings and the dividend.
Q2 2026 net income $7.3 million, or $0.59 per diluted share, versus $6.3 million, or $0.51, in Q1 2026 and $6.0 million, or $0.57, in Q2 2025
Net interest margin 3.66%, up 7 basis points from Q1 2026; net interest income $20.7 million
Total deposits decreased $9.5 million in the quarter; loans held for investment grew $78.1 million
Quarterly dividend of $0.05 per share declared July 20, 2026; record date August 13, 2026; payment date August 27, 2026
CoastalSouth Bancshares, Inc. said its Board of Directors authorized a stock repurchase plan of up to $15 million of common stock. The plan takes effect May 1, 2026, and expires April 30, 2027 unless the Board extends it, and the company is not obligated to buy any set amount.
Aggregate repurchase authorization of up to $15 million of common stock under the 2026 Repurchase Plan
Plan effective May 1, 2026, and expires April 30, 2027, unless extended by the Board
Repurchases may be made in the open market, through accelerated share repurchase programs, in privately negotiated transactions, or under a Rule 10b5-1 trading plan
The Board may extend, modify, amend, suspend, or discontinue the plan at any time
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CoastalSouth Bancshares, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →