{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-24-000150","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2024-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.454907+00:00","generated_at":"2026-05-30T09:38:17.316380+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 Q3 net income $13.5M ($0.97 EPS); loan sales $423.7M","bullets":["Net income $13.5M up from $11.6M in Q2 2024 and $10.3M in Q3 2023; diluted EPS $0.97.","Net interest income $72.2M (+9% QoQ, +16% YoY); net interest margin expanded to 7.41%.","Noninterest income $80.1M, driven by $9.9M increase in BaaS credit enhancements.","Sold $423.7M in CCBX loans as part of credit risk management; retained fee income on sold balances.","Provision for credit losses $70.3M; net charge-offs 5.65% annualized; management highlighted low partner fraud."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-24-000150","json":"https://secwatch.observer/filing/0001437958-24-000150.json","markdown":"https://secwatch.observer/filing/0001437958-24-000150.md","text":"https://secwatch.observer/filing/0001437958-24-000150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795824000150/0001437958-24-000150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795824000150/ck1437958-20241028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:38:17.316380+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}