CoastalSouth Bancshares, Inc.

CoastalSouth Bancshares, Inc. is the bank holding company for Coastal States Bank, which provides a wide range of banking products and services to retail and commercial customers. The company accepts various deposits, including checking, savings, money market, and certificates of deposit, as well as demand deposit accounts and interest-bearing products. On the lending side, it offers commercial loans such as acquisition, development, and construction loans, income-producing and owner-occupied commercial real estate loans, senior housing loans, and commercial and industrial loans. Retail lending includes residential mortgages, marine vessels, cash value life insurance lines of credit, and consumer loans. Additionally, the bank provides treasury management services, online and mobile banking, debit cards, and other services like wire transfers and ACH origination.

CoastalSouth Bancshares, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol COSO. Its financials are reported in US Dollars (USD), reflecting its operations in the United States.

CoastalSouth Bancshares operates in the Financial Services sector, specifically within the Banks - Regional industry. As a regional bank holding company, it focuses on providing banking services to local communities, primarily in the Southeastern United States.

CoastalSouth Bancshares, Inc. is headquartered in Atlanta, Georgia, United States. Founded in 2003, the company serves customers primarily through its subsidiary, Coastal States Bank, which offers banking products and services to retail and commercial clients in the region. The bank's portfolio includes specialized lending areas such as senior housing lending, marine lending, and government guaranteed lending, indicating a focus on niche markets within its geographic footprint.

CoastalSouth Bancshares generates revenue primarily through its banking operations, including interest income from loans and investments, as well as fee-based services. The loan portfolio is diversified across commercial real estate (acquisition, development, construction, income-producing, and owner-occupied), senior housing, commercial and industrial loans, and retail loans such as residential mortgages and marine loans. The bank also earns non-interest income from treasury management services, online banking, debit cards, and other transaction-based services. Additionally, it engages in warehouse lending and government guaranteed lending, which contribute to its revenue streams.