{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-23-000098","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.925809+00:00","generated_at":"2026-06-12T22:55:14.997108+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 Q2 net income $12.9M; loan growth 6%, NIM expands to 7.58%","bullets":["Net income of $12.9M, EPS $0.95, compared to $12.4M and $0.91 in Q1 2023.","Total assets $3.54B, up 2.4% QoQ; loans $3.01B, up 6.0%; deposits $3.16B, up 2.2%.","Net interest margin 7.58% vs 7.15% prior quarter; cost of deposits rose to 2.72%.","BaaS income increased to $56.5M from $47.9M in Q1; 22 active relationships.","Legal & professional fees elevated due to CCBX expansion; expected to decline by Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-23-000098","json":"https://secwatch.observer/filing/0001437958-23-000098.json","markdown":"https://secwatch.observer/filing/0001437958-23-000098.md","text":"https://secwatch.observer/filing/0001437958-23-000098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000098/0001437958-23-000098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000098/ck1437958-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:55:14.997108+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":"8ca8dacdd9d08d838aa58d0da0feef7bc4ed0379","claim":"COASTAL FINANCIAL CORP reported the quarter ended June 30, 2023 results: net income $12.9 million, EPS $0.95 per diluted common share.","evidence_excerpt":"On July 27, 2023 Coastal Financial Corporation (the “Company”) issued a press release announcing its results of operations and financial condition for the fiscal quarter ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795823000098/0001437958-23-000098-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$12.9 million"},{"label":"EPS","value":"$0.95 per diluted common share"},{"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"}