Articles from CoastalSouth Bancshares

Coastal States Bank (“CSB”) has announced the addition of Will Rivenbark to its executive leadership team as Executive Vice President and Head of Commercial Real Estate Lending.

Coastal States Bank (“CSB”) has announced the addition of David DeLucia to its team as Vice President, Business Banker in its Atlanta region.

Coastal States Bank (“CSB”) is proud to announce that Carol Stone, Senior Vice President and Commercial Lender, has been inducted into the Home Builders Association of Georgia Hall of Fame. This prestigious honor recognizes individuals who have made significant contributions to the home building industry and demonstrated outstanding commitment to Georgia’s home building community.

Coastal States Bank (“CSB”) has announced the addition of Ronye Cooper and SJ Lofton to its retail banking team in its Atlanta region.

Coastal States Bank (“CSB”) has announced the promotion of Laura Fraser to Lowcountry Market President. Laura brings more than 15 years of commercial banking experience to her new role, previously serving as CSB’s Regional Credit Officer for its Savannah and Lowcountry markets.

Coastal States Bank (“CSB” or the “Bank”) has announced changes to its senior leadership team. The Bank has appointed Rhonda Thornton as Chief Retail and Experience Officer, unifying its retail operations and branch network across its Lowcountry, Savannah, and Atlanta Regions under her leadership. Rhonda will focus on enhancing the CSB client experience utilizing her expertise in areas such as retail management, customer service, operations, and technology for community, regional, and national banks.

CoastalSouth Bancshares, Inc. (“CoastalSouth” or the “Company”) (NYSE: COSO), the holding company for Coastal States Bank (the “Bank”), today reported net income of approximately $6.0 million, or $0.57 per diluted share, for the second quarter of 2025, compared to $5.1 million, or $0.47 per diluted share, for the first quarter of 2025, and $5.9 million, or $0.56 per diluted share, for the second quarter of 2024. For the year-to-date period ending June 30, 2025, the Company reported net income of $11.0 million, or $1.04 per diluted share, compared with $8.3 million, or $0.80 per diluted share, for the same period in 2024.

CoastalSouth Bancshares, Inc. (“CoastalSouth” or the “Company”), a Georgia corporation and the bank holding company for Coastal States Bank, a South Carolina state-chartered commercial bank, announced today the pricing of its initial public offering of 2,035,000 shares of its common stock, 1,700,000 of which are being sold by CoastalSouth and 335,000 of which are being sold by certain selling shareholders, at a public offering price of $21.50 per share. The shares are expected to begin trading on July 2, 2025 on the New York Stock Exchange under the ticker symbol "COSO". The closing of the offering is expected to occur on July 3, 2025, subject to the satisfaction of customary closing conditions.

CoastalSouth Bancshares, Inc. (OTCQX: COSO) (“CoastalSouth” or “Company”), a Georgia corporation and the bank holding company for Coastal States Bank, a wholly-owned subsidiary and a South Carolina state-chartered commercial bank, announced today that its shares of common stock have been approved for listing on the New York Stock Exchange (“NYSE”). The Company expects that its common stock will begin trading on the NYSE under the symbol, “COSO,” at the opening of trading on or about July 2, 2025, subject to continued compliance with the exchange rules.