AI brief of an SEC Form 8-K · CoastalSouth Bancshares, Inc. (COSO)

CoastalSouth Bancshares Q2 net income rises to $7.3 million, or $0.59 per diluted share

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyCoastalSouth Bancshares, Inc. (COSO)
Form8-K, current report
Filed with the SECJul 20, 2026, 4:35 PM ET
Accession number0001297107-26-000009

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 20, 2026.

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.