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Coastal Financial CCB CCBX — Weighted Average Interest Rate Reduction
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Where this comes from
Reported directly by Coastal Financial in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableModifiedWeightedAverageInterestRateDecreaseFromModification.
The source filing: Coastal Financial’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 11:01 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001437958-26-000061
| June 30, 2026 | Principal Forgiveness | Weighted Average Interest Rate Reduction | Weighted Average Term Extension (years) |
|---|---|---|---|
| CCBX | |||
| Commercial and industrial loans: | |||
| All other commercial & industrial loans | $378 | — | 2.4 |
| Consumer and other loans: | |||
| Credit cards | 9,163 | 15.1 | n/a |
| Other consumer and other loans | 10,677 | — | 2.1 |
| Total CCBX | $20,218 | 15.1% | 2.1 |
Item 1. Condensed Consolidated Financial Statements (unaudited)
FAQ
- What is Coastal Financial's CCBX — weighted average interest rate reduction?
- Coastal Financial (CCB) reported CCBX — weighted average interest rate reduction of 0.7% in Q2 2026.
- What does CCBX — weighted average interest rate reduction mean?
- Measures the average decrease in interest rates applied to financing arrangements within the CCBX segment. This metric helps assess the competitive pricing strategy and the impact of rate adjustments on the segment's yield and interest income profile.
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