COASTAL FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
CCB$43.62+2.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders' Equity
| Shares of CommonStock · Amount of Common Stock · Retained Earnings · Accumulated Other ComprehensiveIncome (Loss) · Total | ||||||
|---|---|---|---|---|---|---|
| BALANCE, December 31, 2021 | 12,875,315 | $121,845 | $79,373 | $4 | 201,222 | |
| Net income | — | — | 40,625 | — | 40,625 | |
| Issuance of restricted stock awards | 10,396 | — | — | — | — | |
| Vesting of restricted stock units | 28,215 | — | — | — | — | |
| Exercise of stock options | 247,221 | 1,468 | — | — | 1,468 | |
| Stock-based compensation | — | 2,517 | — | — | 2,517 | |
| Stock issuance and net proceeds from public offering | — | — | — | — | — | |
| Other comprehensive loss, net of tax | — | — | — | (2,338) | (2,338) | |
| BALANCE, December 31, 2022 | 13,161,147 | $125,830 | $119,998 | $(2,334) | $243,494 | |
| BALANCE, December 31, 2022 | 13,161,147 | $125,830 | $119,998 | $(2,334) | $243,494 | |
| Net income | — | — | 44,579 | — | 44,579 | |
| Adjustment to retained earnings; adoption of ASU 2016- 13 | — | 0 | — | 734 | — | 734 |
| Issuance of restricted stock awards | 13,538 | — | — | — | — | |
| Vesting of restricted stock units | 46,520 | — | — | — | — | |
| Exercise of stock options | 83,134 | 618 | — | — | 618 | |
| Stock-based compensation | — | 3,688 | — | — | 3,688 | |
| Other comprehensive loss, net of tax | — | — | — | 1,865 | 1,865 | |
| BALANCE, December 31, 2023 | 13,304,339 | $130,136 | $165,311 | $(469) | $294,978 | |
| BALANCE, December 31, 2023 | 13,304,339 | $130,136 | $165,310 | $(468) | $294,978 | |
| Net income | — | — | 45,219 | — | 45,219 | |
| Issuance of restricted stock awards | 16,698 | — | — | — | — | |
| Vesting of restricted stock units | 66,806 | — | — | — | — | |
| Exercise of stock options | 167,455 | 1,396 | — | — | 1,396 | |
| Stock-based compensation | — | 4,844 | — | — | 4,844 | |
| Stock issuance and net proceeds from public offering | 1,380,000 | 91,801 | — | — | 91,801 | |
| Other comprehensive income, net of tax | — | — | — | 466 | 466 | |
| BALANCE, December 31, 2024 | 14,935,298 | $228,177 | $210,529 | $(2) | $438,704 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.