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Coastal Financial CCB Community Bank — Provision for Credit Losses

Other segment segments

CCBX
$94.47M+191%
Treasury & Administration
$0

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Other financials

Income statement

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Revenue$178.1M+49.1%
Net income-$42.1M-482%
EPS (diluted)-$2.76-489%

Balance sheet

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Cash & equivalents$1.0B+40.1%
Total debt$4.5M-10.7%
Total equity$463.4M+0.4%
Total assets$5.5B+21.8%

Cash flow

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Operating cash flow$76.9M+16.4%
CapEx$2.2M+6.1%
Free cash flow$74.6M+16.7%

Valuation

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Market cap$692.83M-53.7%
Enterprise value-$311.1M-140%
P/S1.1×-1.6×

Profitability

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Net margin-0.6%-9.2pp
FCF margin42.9%-3.5pp

Returns & leverage

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Return on equity-0.8%-13.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Coastal Financial in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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 itemThree months ended June 30, 2026 / Community BankThree months ended June 30, 2026 / CCBXThree months ended June 30, 2026 / Treasury & AdministrationThree months ended June 30, 2026 / ConsolidatedThree months ended June 30, 2025 / Community BankThree months ended June 30, 2025 / CCBXThree months ended June 30, 2025 / Treasury & AdministrationThree months ended June 30, 2025 / Consolidated
Interest (expense) income intrabank transfer(3,931)5,962(2,031)(3,792)7,825(4,033)
Interest expense5,65722,3861,14429,1876,78323,61766031,060
Net interest income22,92962,1564,28289,36720,02852,4724,23776,737
Provision/(Recapture) for credit losses(2,311)94,46892,157(216)32,42732,211
Net interest income/(expense) after provision for credit losses on loans and unfunded commitments25,240(32,312)4,282(2,790)20,24420,0454,23744,526
NONINTEREST INCOME
Deposit service charges and fees1,045(29)1,016913913
Other income15521466642174(117)57

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Coastal Financial's community bank — provision for credit losses?
Coastal Financial (CCB) reported community bank — provision for credit losses of -$2.31M in Q2 2026.
How has Coastal Financial's community bank — provision for credit losses changed year-over-year?
Coastal Financial's community bank — provision for credit losses decreased by 969.9% year-over-year, from -$216K to -$2.31M.
What is the long-term trend for Coastal Financial's community bank — provision for credit losses?
Over 2 years (2023 to 2025), Coastal Financial's community bank — provision for credit losses has grown at a -32.6% compound annual growth rate (CAGR), from $1.11M to -$504K.
What does community bank — provision for credit losses mean?
An expense charged to the income statement to maintain the allowance for loan and lease losses at a level adequate to cover estimated credit risks. This metric reflects management's assessment of the credit quality and potential default risk within the segment's loan portfolio.

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