{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-23-000066","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2023-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.874053+00:00","generated_at":"2026-06-16T06:22:15.864086+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Coastal Financial Q1 net income $12.4M ($0.91 EPS); assets up 9.7% to $3.45B","bullets":["Net income $12.4M vs $13.1M in Q4 2022; diluted EPS $0.91 vs $0.96.","Loans grew $209.9M (8.0%) to $2.84B; CCBX loans up $153.7M (15.2%).","Deposits up $277.7M (9.9%) to $3.10B; uninsured deposits fell to 24.8% from 29.7%.","Net interest margin 7.15% vs 6.96% prior Q; cost of deposits 2.13%.","Noninterest income $49.3M (+$6.5M QoQ) driven by BaaS credit enhancements."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-23-000066","json":"https://secwatch.observer/filing/0001437958-23-000066.json","markdown":"https://secwatch.observer/filing/0001437958-23-000066.md","text":"https://secwatch.observer/filing/0001437958-23-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000066/0001437958-23-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000066/ck1437958-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T06:22:15.864086+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"514770e894cd8780e5c4ec9b140b2f2a81c9db13","claim":"COASTAL FINANCIAL CORP reported three months ended March 31, 2023 results: net income 12.4 million, EPS 0.91.","evidence_excerpt":"Quarterly net income for the first quarter of 2023 was $12.4 million, or $0.91 per diluted common share, compared with net income of $13.1 million, or $0.96 per diluted common share, for the fourth quarter of 2022, and $6.2 million, or $0.46 per diluted common share, for the quarter ended March 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000066/0001437958-23-000066-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Net income","value":"12.4 million"},{"label":"EPS","value":"0.91"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}