CoastalSouth Bancshares, Inc.

CoastalSouth Bancshares, Inc. reported strong financial results for fiscal year 2025, with total assets of $2.31 billion, total deposits of $1.99 billion, and total shareholders' equity of $259.5 million. The company generated net income of $24.9 million, driven by net interest income of $73.9 million and total noninterest income of $8.1 million. Key performance indicators include a net interest margin supported by interest income of $127.7 million against interest expense of $53.8 million, resulting in net interest income after provision for credit losses of $70.7 million. The company completed its initial public offering in July 2025 and operates 11 retail banking branches across South Carolina and Georgia, with four specialty lines of business including Senior Housing, Marine Lending, Government Guaranteed Lending, and Mortgage Banker Finance.

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