8-K current report · filed Apr 20, 2026

CoastalSouth Bancshares, Inc. (COSO) 8-K Current Report: April 20, 2026

Item 2.02Item 7.01Item EX-99.1COSO overview

Short answer

CoastalSouth Bancshares, Inc. (COSO) filed an 8-K current report with the SEC on April 20, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). First-quarter results for period ended March 31, 2026 announced April 20, 2026.

CoastalSouth Bancshares, Inc. 8-K event analysis

AI summary of each reported item and its exhibits

Item 2.02 · Results of Operations and Financial Condition

  • First-quarter results for period ended March 31, 2026 announced April 20, 2026
  • Detailed operating and financial results contained in Exhibit 99.1
  • Market impact depends on Exhibit 99.1’s earnings, asset-quality, and capital disclosures

Item 7.01 · Regulation FD Disclosure

  • Investor presentation released April 20, 2026, supporting the company’s press release
  • Exhibit 99.2 provides presentation materials for investors and media review
  • Materials also available through CoastalSouth Bancshares’ investor-relations website

Item EX-99.1 · Exhibit EX-99.1

  • Q1 2026 net income $6.3M, or $0.51 diluted EPS, up from $5.1M year over year but down from $7.1M in Q4
  • Core deposits grew $117.9M, while brokered CDs declined $48.4M, improving funding quality and reducing reliance on alternative funding
  • LHFI production reached $166.7M, but quarter-end LHFI increased only $9.9M as loan growth remained modest
  • Net interest margin 3.59%, up 21 basis points year over year despite a 1-basis-point quarterly decline
  • Asset quality remained stable, with net charge-offs 0.01% and nonperforming assets 0.77% of assets; quarterly dividend declared at $0.05 per share

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