The bank maintains a conservative capital structure with an equity-to-assets ratio of 0.11 as of 2026Q1, supported by a $2.0 billion investment securities portfolio that serves as a critical liquidity buffer.
| Cash & Short Term Investments | 875.3M | 380.8M | 67.96M | 403.35M | 395.08M | 517.58M | 126.98M | 66.09M | 98.41M | 151.63M | 60.81M | 15.69M |
| Cash & Due from Banks | 22.55M | 41.54M | 67.96M | 19.6M | 19.32M | 15.35M | 7.42M | 4.71M | 38.54M | 96.84M | 19.21M | 15.69M |
| Short Term Investments | 395.02M | 339.26M | 0 | 383.75M | 375.76M | 502.24M | 119.56M | 61.38M | 59.87M | 54.79M | 41.59M | 0 |
| Total Investments | 2B | 339.26M | 0 | 1.86B | 1.71B | 1.31B | 930.17M | 608.13M | 467.11M | 356.71M | 346.15M | 38.29M |
| Investments Growth % | 16.35% | - | -100% | 8.41% | 30.99% | 40.61% | 52.96% | 30.19% | 30.95% | 3.05% | 804% | - |
| Long-Term Investments | 5.74B | 0 | 0 | 1.47B | 1.34B | 805.65M | 810.61M | 546.75M | 407.24M | 301.93M | 304.55M | 38.29M |
| Accounts Receivables | 0 | 0 | 0 | 20M | 7.86M | 3.93M | 3.75M | 2.17M | 2.06M | 2.01M | 2.94M | 0 |
| Goodwill & Intangibles | 6.24M | 6.26M | 6.39M | 6.46M | 6.87M | 7.56M | 6.32M | 6.43M | 6.32M | 0 | 0 | 468.75K |
| Goodwill | 6.24M | 6.26M | 4.71M | 4.71M | 4.71M | 4.71M | 4.71M | 4.71M | 4.71M | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.68M | 1.75M | 2.16M | 2.86M | 1.61M | 1.72M | 1.61M | 0 | 0 | 468.75K |
| PP&E (Net) | 18.81M | 18.12M | 21.83M | 21.6M | 23.35M | 20.63M | 18.51M | 14.87M | 12.05M | 1.17M | 1.66M | 1.57M |
| Other Assets | 77.96M | -40.75M | 2B | 77.93M | 41.69M | 240.46M | 170.29M | 60.53M | 44.86M | 64.45M | 30.35M | 329.58M |
| Total Current Assets | 620.19M | 79.77M | 67.96M | 427.89M | 404.33M | 522.86M | 131.68M | 69.13M | 101.49M | 154.4M | 65.48M | 28.58M |
| Total Non-Current Assets | 1.73B | 0 | 2.03B | 1.6B | 1.43B | 1.09B | 1.02B | 639.36M | 482.62M | 377.57M | 348.04M | 383.13M |
| Total Assets | 2.35B | 2.31B | 2.1B | 2.03B | 1.84B | 1.61B | 1.15B | 708.49M | 584.11M | 531.97M | 413.52M | 411.71M |
| Asset Growth % | 28.04% | 9.9% | 3.46% | 10.52% | 13.89% | 40.45% | 61.97% | 21.29% | 9.8% | 28.64% | 0.44% | - |
| Return on Assets (ROA) | 1.15% | 1.13% | 1.06% | 1.27% | 1.06% | 0.89% | 0.69% | 0.4% | -0.03% | -2.5% | 0.35% | 0.34% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 0 | 30M | 14.73M | 88.67M | 140.68M | 44.59M | 146.04M | 10M | 500K | 105.68M | 37.85M | 52.85M |
| Net Debt | -22.55M | -11.54M | -53.23M | 69.07M | 121.35M | 29.24M | 138.62M | 5.29M | -38.04M | 8.84M | 18.64M | 37.16M |
| Long-Term Debt | 0 | 30M | 14.73M | 64.68M | 122.68M | 34.59M | 146.04M | 10M | 500K | 75.5M | 37.85M | 37.85M |
| Short-Term Debt | 0 | 0 | 0 | 23.99M | 18M | 10M | 0 | 0 | 0 | 30.18M | 0 | 15M |
| Other Liabilities | 28.48M | -30M | 1.89B | 33.23M | 27.36M | 18.02M | 7.96M | 5.1M | 2.45M | 1.95M | 1.58M | 176.53M |
| Total Current Liabilities | 2.06B | 526.87M | 1.24B | 1.77B | 1.57B | 1.43B | 891.55M | 601.09M | 513.33M | 397.38M | 339.89M | 161.79M |
| Total Non-Current Liabilities | 28.48M | 0 | 1.9B | 97.91M | 150.03M | 52.61M | 153.99M | 15.1M | 2.95M | 77.45M | 39.44M | 215.8M |
| Total Liabilities | 2.09B | 2.05B | 1.9B | 1.87B | 1.72B | 1.49B | 1.05B | 616.2M | 516.28M | 474.83M | 379.32M | 377.59M |
| Total Equity | 262.92M | 259.53M | 195.23M | 156.04M | 118.8M | 124.93M | 101.99M | 92.29M | 67.83M | 57.14M | 34.19M | 32.85M |
| Equity Growth % | 108.79% | 32.93% | 25.11% | 31.35% | -4.91% | 22.5% | 10.5% | 36.06% | 18.71% | 67.11% | 4.1% | - |
| Equity / Assets (Capital Ratio) | 11.2% | 11.25% | 9.3% | 7.69% | 6.47% | 7.75% | 8.89% | 13.03% | 11.61% | 10.74% | 8.27% | 7.98% |
| Return on Equity (ROE) | 10.66% | 10.95% | 12.47% | 17.81% | 14.93% | 10.86% | 6.56% | 3.25% | -0.29% | -25.87% | 4.29% | 4.22% |
| Book Value per Share | 21.13 | 22.53 | 18.65 | 16.42 | 13.42 | 15.01 | 12.77 | 12.72 | 11.18 | 17.36 | 4.30 | 34.42 |
| Tangible BV per Share | 20.63 | 21.98 | 18.04 | 15.74 | 12.64 | 14.10 | 11.98 | 11.83 | 10.13 | 17.36 | 4.30 | 33.93 |
| Common Stock | 11.98M | 11.98M | 10.27M | 9.54M | 8.96M | 8.61M | 7.99M | 7.96M | 6.4M | 5.7M | 36.63M | 36.63M |
| Additional Paid-in Capital | 190.16M | 189.88M | 158.75M | 145.94M | 136.6M | 131.79M | 121.76M | 120.76M | 101.59M | 90.74M | 1.14M | 1.12M |
| Retained Earnings | 72.6M | 66.89M | 41.99M | 20.09M | -86K | -18.28M | -30.6M | -36.97M | -39.57M | -39.48M | -19.56M | -21M |
| Accumulated OCI | -11.82M | -9.22M | -15.79M | -19.53M | -26.68M | 2.81M | 2.84M | 547K | -590K | 170K | -508K | -392.03K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.5M | 16.5M |
Mortgage warehouse concentration risk
According to the quarterly balance sheet data, CoastalSouth's total assets have expanded from $2.0 billion in 2023Q4 to $2.3 billion by 2026Q1, primarily fueled by a significant accumulation of investment securities rather than a consistent expansion of the core loan portfolio.
The shift toward a $2.0 billion investment securities portfolio suggests a defensive posture, potentially reflecting management's hesitation to deploy capital into higher-risk lending segments during periods of interest rate volatility. This asset composition warrants further investigation, as it may indicate a strategic pivot away from traditional loan growth toward a more liquid, albeit lower-yielding, balance sheet structure.
As reported in financial statements, the bank maintains a lean equity-to-assets ratio of approximately 0.11 as of 2026Q1, which, while appearing low by industrial standards, remains consistent with the bank's historical capital management strategy and its reliance on a deposit-funded business model.
The stability of the equity-to-assets ratio over the last ten quarters suggests a disciplined approach to capital retention, providing a sufficient buffer against potential credit volatility in the mortgage warehouse segment. Investors should monitor whether this capital level remains adequate if the bank decides to pursue more aggressive organic growth or if credit losses begin to trend upward.
Based on the provided figures, the bank's liquidity position appears bolstered by a substantial investment securities portfolio, which reached $2.0 billion in 2026Q1, providing a critical source of contingent funding that offsets the inherent volatility of its mortgage banker finance business.
The bank's ability to maintain this level of liquid assets suggests a proactive approach to managing the liquidity demands of its specialized lending niches. However, the reliance on these securities for liquidity may expose the bank to unrealized loss risks if interest rates remain elevated for an extended period, necessitating careful monitoring of the portfolio's duration.
Analysis of the balance sheet reveals that the vast majority of CoastalSouth's $2.3 billion in total assets is tied up in investment securities, which may mask the underlying credit risks associated with the bank's specialized mortgage warehouse lending activities.
While the bank appears well-capitalized, the concentration of assets in securities rather than loans may indicate that the core lending business is facing headwinds that are not immediately apparent in the headline figures. This structural mismatch warrants further investigation to determine if the bank is effectively managing the counterparty risk inherent in its mortgage banker finance segment.
Quick answers to the most common questions about buying COSO stock.
As of 2025, CoastalSouth Bancshares, Inc. (COSO) had total assets of $2.31B including $79.8M in current assets.
CoastalSouth Bancshares, Inc. (COSO) carries total debt of $30.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
CoastalSouth Bancshares, Inc. (COSO) has total shareholders' equity (book value) of $259.5M ($22.53 book value per share). Book value represents the net worth of the company belonging to common stock holders.
CoastalSouth Bancshares, Inc. (COSO) reported a current ratio of 0.15x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.