Screener
Coastal Financial CCB Provision (Recapture) For Unfunded Commitments
Discontinued — last reported Q3 '24
Provision (Recapture) For Unfunded Commitments at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by Coastal Financial in its filing.
Tagged under the XBRL concept ck1437958:ProvisionRecaptureForUnfundedCommitments.
The source filing: Coastal Financial’s 10-Q, filed November 8, 2024.
- Filed
- Nov 8, 2024
- Fiscal quarter
- Q3 FY2024
- Calendar quarter
- Q3 2024
- Accession
- 0001437958-24-000161
| Line item | Three months ended September 30, 2024 / Community Bank | Three months ended September 30, 2024 / CCBX | Three months ended September 30, 2024 / Treasury & Administration | Three months ended September 30, 2024 / Consolidated | Three months ended September 30, 2023 / Community Bank | Three months ended September 30, 2023 / CCBX | Three months ended September 30, 2023 / Treasury & Administration | Three months ended September 30, 2023 / Consolidated |
|---|---|---|---|---|---|---|---|---|
| Interest expense | 7,264 | 24,819 | 809 | 32,892 | 5,067 | 20,384 | 651 | 26,102 |
| Net interest income | 19,094 | 49,637 | 3,456 | 72,187 | 19,270 | 40,990 | 1,969 | 62,229 |
| Provision/(Recapture) for credit losses - loans | (519) | 72,104 | — | 71,585 | 664 | 26,493 | — | 27,157 |
| Provision for unfunded commitments | (1,248) | (80) | — | (1,328) | — | 96 | — | 96 |
| Net interest income/(expense) after provision for credit losses - loans and unfunded commitments | 20,861 | (22,387) | 3,456 | 1,930 | 18,606 | 14,401 | 1,969 | 34,976 |
| NONINTEREST INCOME | ||||||||
| Deposit service charges and fees | 939 | 13 | — | 952 | 986 | 12 | — | 998 |
| Other income | 156 | 1 | 331 | 488 | 176 | 107 | 121 | 404 |
Item 1. Condensed Consolidated Financial Statements (unaudited)
FAQ
- What is Coastal Financial's provision (recapture) for unfunded commitments?
- Coastal Financial (CCB) reported provision (recapture) for unfunded commitments of -$1.33M in Q3 2024.
- How has Coastal Financial's provision (recapture) for unfunded commitments changed year-over-year?
- Coastal Financial's provision (recapture) for unfunded commitments decreased by 1483.3% year-over-year, from $96K to -$1.33M.
- What does provision (recapture) for unfunded commitments mean?
- Provision (Recapture) For Unfunded Commitments as reported by Coastal Financial Corporation.
Ask your AI about Coastal Financial's provision (recapture) for unfunded commitments.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude