{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-25-000141","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.996460+00:00","generated_at":"2026-05-17T23:36:56.921527+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 Q2 2025 net income $11.0M ($0.71 EPS); provision for credit losses drops to $32.2M","bullets":["Net income $11.0M ($0.71 diluted EPS) vs $9.7M ($0.63) Q1 2025 and $11.6M ($0.84) Q2 2024.","BaaS program fee income (ex-nonrecurring) $6.8M, up 8.2% QoQ; deposits grew $122.3M to $3.91B.","Provision for credit losses fell to $32.2M from $55.8M Q1 2025 on improved CCBX portfolio performance.","Sold $1.30B in CCBX loans; off-balance sheet credit cards with fee potential up 76,803 to 313,827.","CEO expects expense growth to moderate in H2 as new programs generate revenue; capital call lines up 49.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-25-000141","json":"https://secwatch.observer/filing/0001437958-25-000141.json","markdown":"https://secwatch.observer/filing/0001437958-25-000141.md","text":"https://secwatch.observer/filing/0001437958-25-000141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000141/0001437958-25-000141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000141/ck1437958-20250729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:36:56.921527+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"}