{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-25-000006","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-01-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.631143+00:00","generated_at":"2026-05-27T08:14:06.546638+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Coastal Financial Q4 net income $13.4M ($0.94 EPS); completes $98M capital raise","bullets":["Net income $13.4M ($0.94 diluted EPS) vs $13.5M ($0.97) in Q3 2024; full year $45.2M vs $44.6M in 2023.","Completed $98M common equity raise at $71/share in Q4; CET1 risk-based capital ratio improved to 12.04% from 9.24%.","Sold $845.5M in CCBX loans in Q4 while net loans grew $67.7M; BaaS program fee income rose 56.9% YoY to $25.6M.","Noninterest expense decreased 2.1% QoQ to $64.2M; provision for credit losses was $61.9M, with net charge-offs annualized at 6.51%.","Credit card accounts with fee earning potential reached 182,449, up 101,023 from Q3 2024; three signed LOIs for new CCBX partners."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-25-000006","json":"https://secwatch.observer/filing/0001437958-25-000006.json","markdown":"https://secwatch.observer/filing/0001437958-25-000006.md","text":"https://secwatch.observer/filing/0001437958-25-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000006/0001437958-25-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000006/ck1437958-20250128.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T08:14:06.546638+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"}