COSO

CoastalSouth Bancshares, Inc. is a bank holding company operating through Coastal Community Bank, providing commercial and consumer banking services in coastal South Carolina, North Carolina, and Georgia. The bank offers traditional banking products including commercial real estate loans, commercial and industrial loans, residential mortgages, consumer loans, and deposit accounts to individuals and businesses. CoastalSouth focuses on relationship-based community banking with local decision-making, personalized service, and deep market knowledge. Founded in 2003 and headquartered in Mount Pleasant, South Carolina, CoastalSouth serves fast-growing coastal communities benefiting from migration and economic development trends. The company went public in 2021 to support growth initiatives and provide liquidity for shareholders. CoastalSouth benefits from attractive coastal market demographics, strong deposit franchise, local market expertise, and relationship banking model. The bank faces competitive pressures from regional and national banks, interest rate sensitivity, commercial real estate concentration risks, and geographic concentration. CoastalSouth maintains solid credit quality and strong capital levels. The company continues to focus on organic growth, prudent risk management, operational efficiency, and serving its coastal markets.