Coastal Financial Corporation (CCB) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Coastal Financial Corporation's second quarter 2026 earnings conference call. At this time, all participants have been placed in listen-only mode. Following the prepared remarks portion of this morning's call, the management team will take questions. Before we begin, I would like to point all of you to the disclosure near the end of the company's earnings release for information about any forward-looking statements that may be made or discussed on this call. The earnings release is posted on Coastal's website. Please review the information along with our filings with the SEC for a disclosure of factors that may impact the subjects discussed in this morning's call. The company will also be discussing one or more non-GAAP financial measures. Please look at the company's investor presentation and website for all of the disclosures required by the SEC, including reconciliations to the most comparable GAAP numbers. I would now like to turn the call over to Eric Sprink, Chief Executive Officer. Please go ahead. Thank you and good morning, everyone. I'm joined today by Chris Adams, our newly appointed Executive Chairman, and Brandon Soto, our CFO. This is our first quarterly earnings call. As our company has grown, we believe it is important to provide investors and the broader community with more direct access to management and greater context around our financial performance, go forward strategy, and key developments across both CCBX and Coastal Community Bank. We also recognize that this quarter includes significant and unusual items that warrant a direct explanation. We're here to walk through those, detail the nuances, and answer your questions. I'm pleased to announce that, effective today, the Board has appointed Chris Adams as the Executive Chair of Coast...