Coastal Financial Corp. Files 2024 10-K

Ticker: CCB · Form: 10-K · Filed: Mar 17, 2025 · CIK: 1437958

Coastal Financial Corp 10-K Filing Summary
FieldDetail
CompanyCoastal Financial Corp (CCB)
Form Type10-K
Filed DateMar 17, 2025
Risk Levellow
Sentimentneutral

Sentiment: neutral

Topics: 10-K, financials, banking

TL;DR

COASTAL FINANCIAL CORP 2024 10-K FILED. FULL FINANCIALS OUT.

AI Summary

Coastal Financial Corp. filed its 2024 10-K on March 17, 2025, reporting on its financial performance for the fiscal year ending December 31, 2024. The filing details the company's operations as a commercial bank, including its assets, liabilities, and equity. Key financial data and operational segments are presented for the fiscal years 2024, 2023, and 2022.

Why It Matters

This filing provides investors and analysts with a comprehensive overview of Coastal Financial Corp.'s financial health and operational performance for the past fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: low — The filing is a standard annual report and does not indicate any immediate or unusual risks.

Key Numbers

  • 2024 — Fiscal Year End (Reporting period for the 10-K)
  • 2023 — Previous Fiscal Year End (Comparative financial data)
  • 2022 — Prior Fiscal Year End (Comparative financial data)

Key Players & Entities

  • COASTAL FINANCIAL CORP (company) — Filer of the 10-K
  • 2024-12-31 (date) — End of the reporting period
  • 2025-03-17 (date) — Filing date of the 10-K
  • WA (location) — State of incorporation and business address
  • Everett (location) — City of business address

FAQ

What is the primary business of Coastal Financial Corp?

Coastal Financial Corp. operates as a commercial bank, as indicated by its Standard Industrial Classification code [6022].

When was the 10-K filing submitted?

The 10-K filing was submitted on March 17, 2025.

What period does this 10-K report cover?

This 10-K report covers the fiscal year ending December 31, 2024.

Where is Coastal Financial Corp. headquartered?

Coastal Financial Corp. is located in Everett, WA.

What types of debt are specifically mentioned for Coastal Financial Corp. as of December 31, 2024?

The filing mentions 'SubordinatedDebtMember' and 'JuniorSubordinatedDebtMember' as types of debt held by Coastal Financial Corp. as of December 31, 2024.

Filing Details

This Form 10-K (Form 10-K) was filed with the SEC on March 17, 2025 regarding COASTAL FINANCIAL CORP (CCB).

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View this 10-K filing on SEC EDGAR

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