Coastalsouth Bancshares, Inc. · NYSE:COSO
Coastalsouth Bancshares — Q2 2026 Earnings Presentation
22 slides from Coastalsouth Bancshares's earnings presentation, Jul 20, 2026
Slide 1: Second Quarter 2026 Investor Presentation
Exhibit 99.2 CoastalSouth Bancshares, Inc. Third Quarter 2025 Investor Presentation October 20, 2025 Second Quarter 2026 Investor Presentation July 20, 2026
Slide 2: Disclosures: Forward Looking Statements
Disclosures Forward Looking Statements Statements in this Investor Presentation regarding future events and our expectations and beliefs about our future financial performance and financial condition, as well as trends in our business and markets, constitute “forward-looking statements” within the m
Slide 3: Disclosures: Non-GAAP Financial Measures
Disclosures Non-GAAP Financial Measures In addition to results presented in accordance with U.S. generally accepted accounting principles (“GAAP”), this Investor Presentation contains certain non-GAAP financial measures. The Company believes that providing certain non-GAAP financial measures provide
Slide 4: Company Overview
Company Overview Total Assets $2.42 Billion Total Deposits $2.05 Billion Total Loans $1.93 Billion Tier 1 Leverage(1) CSB Strategic Expansion 11.12% CSB Branch CET1(1) 12.30% • Best-in-class growth profile with 1-year CAGR for Total Loans of 23.4% and 1-year CAGR for TBV(2)/Share of 10.4% • Strong r
Slide 5: Quarterly Highlights: Q2 2026
Quarterly Highlights: Q2 2026 Diluted Earnings Per Share Book Value Per Share $22.47 $0.59 $2.42 $0.57 $0.58 $0.59 $21.66 $21.94 $21.52 $22.06 Diluted EPS Billion in Total $0.54 $21.25 $20.91 Assets $0.51 $20.37 $20.49 19.3% 94.18% $19.88 QoQ Annualized Loan / Deposit LHFI Growth Ratio 11.23% 10.06%
Slide 6: Loans Held for Investment Production
Loans Held for Investment Production LHFI Production (1) (in millions) • $181.6 million in gross LHFI production for Q2 2026. $159.1 As of June 30, 2026, these loans had a funded balance $133.9 of $126.0 million and unfunded commitments of $124.2 $112.5 $53.9 million. $84.8 • Community Bank loan pro
Slide 7: Loan Portfolio
Loan Portfolio Loan Portfolio Composition • Loan portfolio is well diversified across loan types and Other Loans, 6% ADC, 8% geographies and managed by a seasoned team of bankers Residential and credit officers. Mortgage, 11% • Conservative underwriting guidelines and loan structures help to mitigat
Slide 8: Deposit Portfolio
Deposit Portfolio • Average total deposits increased $21.0 million compared to the prior quarter and increased $100.3 million compared to Q2 2025. • Average core deposits(2) of $1.79 billion represented 88.0% of average total deposits at the end of Q2 2026. • Average core deposits (2) increased $58.
Slide 9: Capital
Capital • Share repurchase program launched May 1, 2026; 48,491 Risk-Based Capital Ratios (1) shares repurchased during Q2 with average price of $25.48. 13.31% 13.25% 13.39% 12.90% 1.01% 1.09% • Paid quarterly dividend to shareholders in May 2026; 1.06% 12.04% 0.95% declared a $0.05 quarterly divide
Slide 10: Net Interest Margin
Net Interest Margin Net Interest Income / Margin • Net interest income increased $1.0 million (in millions) 3.66% compared to Q1 2026 and increased $2.6 million 3.58% 3.60% 3.59% compared to Q2 2025. • Net interest margin improved during the quarter 3.46% due primarily to decreased costs of deposits
Slide 11: Interest Rate Sensitivity
Interest Rate Sensitivity • The cycle-to-date (1) beta on total loans, compared Cumulative Loan and Deposit Betas (1) to the average Fed Funds Effective Target rate was 29%. The cycle-to-date (1) total deposit beta was 60.4% 39%. • Approximately 44.5% of variable rate structures 38.4% 41.6% 36.5% 38
Slide 12: Noninterest Income
Noninterest Income • Gain on sale of government guaranteed loans (“GGL”) Noninterest Income (in thousands) was $307 thousand for Q2 2026 compared to $337 $2,295 thousand in Q1 2026. $2,202 $2,100 • QTD GGL loan production was $7.6 million. $1,967 $307 • At the end of Q2 2026, there are approximately
Slide 13: Noninterest Expense
Noninterest Expense Noninterest Expense (in thousands) • Salaries and benefits increased during the second $13,374 $13,044 quarter due to compensation accrual adjustments, $682 $655 the full impact of merit increases for a quarter, and $12,262 $12,092 $11,856 $861 investments in new bankers. $640 $8
Slide 14: Credit Quality
Credit Quality Net Charge-Offs as a % of Total Average • NPAs remain stable with approximately $10.9 Loans million related to two senior housing loans, $5.7 million related to government guaranteed loans and $1.7 million related to other loan categories. • The Company continues to pursue least- cost
Slide 15: Allowance for Credit Losses
Allowance for Credit Losses • The coverage level of the Allowance for Credit Losses (“ACL”) has remained stable for the last 5 quarters. • Changes in the provision for ACL are driven by the impact of net charge-offs, loan production volume and mix, individually assessed collateral dependent loan val
Slide 16: Appendix
COASTALSOUTH BANCSHARES, INC. Appendix
Slide 17: Core Operating Principles
Core Operating Principles We believe that by focusing on our five core values outlined below, we can create meaningful relationships between our Bank, team members, clients, and our communities Each of these relationships is critical to our financial success and supports our capacity to drive shareh
Slide 18: Business Evolution & Milestones
Business Evolution & Milestones 2004 Founded in August 2004 in Hilton Head Island, SC Early History & Recapitalization Hired new management team (formerly of C&S) in conjunction with $62 million 2017 recapitalization; added GGL (1) & Senior Housing businesses 2018 Acquired First Citizens Financial C
Slide 19: Specialty Lines of Business
Specialty Lines of Business Marine Lending (in millions) Senior Housing Lending (in millions) $318.2 $313.2 $259.5 $254.4 $312.1 $307.7 $248.3 $301.3 $236.5 $223.7 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Loan Balance Loan Balance Marine Lending Production (in
Slide 20: Specialty Lines of Business
Specialty Lines of Business Government Guaranteed Lending (in millions) Mortgage Banker Finance - LHFS (in millions) 7.89% 8.11% 7.55% 7.45% 7.45% $94.5 $231.6 $87.4 $89.4 $90.2 $209.1 $223.1 $82.6 $202.6 $170.9 Q2 2025 Q3 2025 Q4 2025 Q1 2026* Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Loan Ba
Slide 21: Non-GAAP Reconciliation
Non-GAAP Reconciliation Tangible Book Value per Share / Tangible Common Equity to Tangible Assets (unaudited) As of and for the Three Months Ended As of and for the Six Months Ended June 30, March 31, December 31, September 30, June 30, June 30, June 30, (dollars in thousands, except per share data)
Slide 22: Non-GAAP Reconciliation (cont.)
Non-GAAP Reconciliation (cont.) Adjusted Nonperforming Assets to Total Assets (unaudited) As of and for the Three Months Ended As of and for the Six Months Ended June 30, March 31, December 31, September 30, June 30, June 30, June 30, (dollars in thousands) 2026 2026 2025 2025 2025 2026 2025 Total n
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