{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-25-000082","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.299172+00:00","generated_at":"2026-05-23T03:40:43.696316+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 $9.7M ($0.63 EPS); CCBX fee income +55% YoY, expenses rise on partner onboarding","bullets":["Net income of $9.7M, diluted EPS $0.63, down from $0.94 in Q4 2024 but up from $0.50 YoY.","Total deposits grew $205.9M to $3.79B; CCBX deposits up $202.9M, with $406.3M swept off balance sheet.","CCBX program fee income $6.3M, up 13% QoQ and 55% YoY; fee-earning credit cards up 54,575 to 237,024.","Noninterest expense $72.0M, up 6.8% QoQ driven by salaries, legal, BaaS loan expense; expects elevated expenses through Q2.","Sold $744.6M of loans mainly credit cards; net interest margin 7.48% vs 7.23% prior quarter; loan yield 11.33%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-25-000082","json":"https://secwatch.observer/filing/0001437958-25-000082.json","markdown":"https://secwatch.observer/filing/0001437958-25-000082.md","text":"https://secwatch.observer/filing/0001437958-25-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000082/0001437958-25-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000082/ck1437958-20250429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:40:43.696316+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"}