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Coastal Financial CCB Community Bank — Legal and professional expenses
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Where this comes from
Reported directly by Coastal Financial in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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
| Line item | Three months ended June 30, 2026 / Community Bank | Three months ended June 30, 2026 / CCBX | Three months ended June 30, 2026 / Treasury & Administration | Three months ended June 30, 2026 / Consolidated | Three months ended June 30, 2025 / Community Bank | Three months ended June 30, 2025 / CCBX | Three months ended June 30, 2025 / Treasury & Administration | Three months ended June 30, 2025 / Consolidated |
|---|---|---|---|---|---|---|---|---|
| Salaries and employee benefits | 7,529 | 12,050 | 4,036 | 23,615 | 7,029 | 8,766 | 5,655 | 21,450 |
| Occupancy | 757 | 84 | 49 | 890 | 818 | 74 | 23 | 915 |
| Data processing and software licenses | 2,339 | 10,323 | 1,686 | 14,348 | 1,952 | 3,843 | (254) | 5,541 |
| Legal and professional expenses | 377 | 4,832 | 988 | 6,197 | 700 | 2,353 | 2,909 | 5,962 |
| Credit enhancement receivable valuation adjustment | — | 46,009 | — | 46,009 | — | — | — | — |
| Other expense | 956 | 3,475 | 900 | 5,331 | 2,114 | 1,538 | 25 | 3,677 |
| BaaS loan expense | — | 40,409 | — | 40,409 | — | 32,483 | — | 32,483 |
| BaaS fraud expense | — | 4,312 | — | 4,312 | — | 2,804 | — | 2,804 |
Item 1. Condensed Consolidated Financial Statements (unaudited)
FAQ
- What is Coastal Financial's community bank — legal and professional expenses?
- Coastal Financial (CCB) reported community bank — legal and professional expenses of $377K in Q2 2026.
- How has Coastal Financial's community bank — legal and professional expenses changed year-over-year?
- Coastal Financial's community bank — legal and professional expenses decreased by 46.1% year-over-year, from $700K to $377K.
- What is the long-term trend for Coastal Financial's community bank — legal and professional expenses?
- Over 4 years (2021 to 2025), Coastal Financial's community bank — legal and professional expenses has grown at a -15.0% compound annual growth rate (CAGR), from $2.65M to $1.38M.
- What does community bank — legal and professional expenses mean?
- Reflects fees paid to external legal counsel, consultants, and auditors for services provided specifically to the community banking segment. These costs are often associated with regulatory compliance, risk management, and specialized advisory support.
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