CoastalSouth Bancshares Q3 net income rises 30% year over year to $8.77 million
COSO•CoastalSouth Bancshares’ third-quarter 2026 net income rose 30% year over year to $8.77 million. Net interest income increased 12% to $21.53 million, while gross loans held for investment rose 11% from year-end 2025 to $1.79 billion.
1. Quarterly results
CoastalSouth Bancshares’ third-quarter 2026 net income rose 30% year over year to $8.77 million, and net interest income climbed 12% to $21.53 million. Noninterest income increased 51% from the second quarter to $3.33 million, primarily due to higher gains on sales of government-guaranteed loans. Gross loans held for investment grew 11% from December 31, 2025, to $1.79 billion at September 30, 2026.
