CoastalSouth Bancshares, Inc. (COSO) Balance Sheet
COSO balance sheet, 2025
December 31, 2025 · U.S. dollars$2.31B assets = $2.05B liabilities + $259.5M equity
Both columns are drawn to the same scale: what COSO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
COSO financial health
Descriptive bands, not a rating. Fiscal 2025.
COSO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $413.5M2016 | $2.31B2025 | +21.0%/yr | |
| Total liabilities | $379.3M2016 | $2.05B2025 | +20.6%/yr | |
| Shareholders’ equity | $34.2M2016 | $259.5M2025 | +25.3%/yr | |
| Cash & short-term investments | $60.8M2016 | $380.8M2025 | +22.6%/yr | |
| Total debt | $37.9M2016 | $30.0M2025 | −2.5%/yr | |
| Net cash (debt) | $23.0M2016 | $350.8M2025 | +$327.8M | |
| Working capital | −$274.4M2016 | −$447.1M2025 | −$172.7M | |
| Book value per share | $4.302016 | $22.532025 | +20.2%/yr | |
| Debt / equity | 1.112016 | 0.122025 | −0.99 | |
| Shares outstanding | 7.9M2016 | 11.5M2025 | +4.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
COSO assets
COSO liabilities and equity
COSO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
COSO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $380.8M | $68.0M | $403.3M | $395.1M | $517.6M | $127.0M | $66.1M | $98.4M | $151.6M | $60.8M |
| Cash & equivalents | $41.5M | $68.0M | $19.6M | $19.3M | $15.3M | $7.4M | $4.7M | $38.5M | $96.8M | $19.2M |
| Short-term investments | $339.3M | $335.3M | $383.7M | $375.8M | $502.2M | $119.6M | $61.4M | $59.9M | $54.8M | $41.6M |
| Receivables | $10.0M | $9.7M | $22.8M | $7.9M | $3.9M | $3.8M | $2.2M | $2.3M | $2.1M | $3.8M |
| Inventory | $0 | $0 | $0 | $0 | $640,000 | $810,000 | $1.5M | $2.1M | $4.2M | $8.1M |
| Other current assets | $0 | $0 | $1.7M | $1.4M | $705,000 | $147,000 | $0 | $0 | $0 | $0 |
| Total current assets | $79.8M | $68.0M | $427.9M | $404.3M | $522.9M | $131.7M | $69.1M | $101.5M | $154.4M | $65.5M |
| Property, plant & equipment (net) | $18.1M | $21.8M | $21.6M | $23.3M | $20.6M | $18.5M | $14.9M | $12.0M | $1.2M | $1.7M |
| Goodwill & intangible assets | $7.8M | $6.4M | $6.5M | $6.9M | $7.6M | $6.3M | $6.4M | $6.3M | $0 | $0 |
| Long-term investments | $339.3M | $342.8M | $363.4M | $371.5M | $294.8M | $121.2M | $62.5M | $60.6M | $58.5M | $43.6M |
| Other non-current assets | $1.86B | $1.66B | $1.21B | $1.03B | $765.9M | $869.8M | $555.6M | $403.6M | $317.9M | $302.8M |
| Total assets | $2.31B | $2.10B | $2.03B | $1.84B | $1.61B | $1.15B | $708.5M | $584.1M | $532.0M | $413.5M |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $1.55B | $1.42B | $891.6M | $601.1M | $513.3M | $367.2M | $339.9M |
| Short-term debt | — | — | $24.0M | $18.0M | $10.0M | — | — | $0 | $30.2M | $0 |
| Total current liabilities | $526.9M | $1.24B | $1.77B | $1.57B | $1.43B | $891.6M | $601.1M | $513.3M | $397.4M | $339.9M |
| Long-term debt | $30.0M | $29.7M | $64.7M | $122.7M | $34.6M | $146.0M | $10.0M | $0 | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $1.49B | $1.87B | $33.2M | $27.4M | $18.0M | $8.0M | $5.1M | $3.0M | $77.4M | $39.4M |
| Total liabilities | $2.05B | $1.90B | $1.87B | $1.72B | $1.49B | $1.05B | $616.2M | $516.3M | $474.8M | $379.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $12.0M | $10.3M | $9.5M | $9.0M | $8.6M | $8.0M | $8.0M | $6.4M | $5.7M | $36.6M |
| Retained earnings (deficit) | $66.9M | $42.0M | $20.1M | −$86,000 | −$18.3M | −$30.6M | −$37.0M | −$39.6M | −$39.5M | −$19.6M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$9.2M | −$15.8M | −$19.5M | −$26.7M | $2.8M | $2.8M | $547,000 | −$590,000 | $170,000 | −$508,000 |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $259.5M | $195.2M | $156.0M | $118.8M | $124.9M | $102.0M | $92.3M | $67.8M | $57.1M | $34.2M |
| Key figures | ||||||||||
| Total debt | $30.0M | $14.7M | $88.7M | $140.7M | $44.6M | $146.0M | $10.0M | $500,000 | $105.7M | $37.9M |
| Net cash (debt) | $350.8M | $53.2M | $314.7M | $254.4M | $473.0M | −$19.1M | $56.1M | $97.9M | $45.9M | $23.0M |
| Working capital | −$447.1M | −$1.17B | −$1.35B | −$1.16B | −$911.3M | −$759.9M | −$532.0M | −$411.8M | −$243.0M | −$274.4M |
| Tangible book value | $251.7M | $188.8M | $149.6M | $111.9M | $117.4M | $95.7M | $85.9M | $61.5M | $57.1M | $34.2M |
| Book value per share | $22.53 | $18.65 | $16.42 | $13.42 | $15.01 | $12.77 | $12.72 | $11.18 | $17.36 | $4.30 |
| Shares outstanding | 11.5M | 10.5M | 9.5M | 8.9M | 8.3M | 8.0M | 7.3M | 6.1M | 3.3M | 7.9M |
| Current ratio | 0.15 | 0.05 | 0.24 | 0.26 | 0.36 | 0.15 | 0.12 | 0.20 | 0.39 | 0.19 |
| Quick ratio | 0.74 | 0.06 | 0.24 | 0.26 | 0.36 | 0.15 | 0.11 | 0.20 | 0.39 | 0.19 |
| Debt / equity | 0.12 | 0.08 | 0.57 | 1.18 | 0.36 | 1.43 | 0.11 | 0.01 | 1.85 | 1.11 |
| Equity / assets | 11.3% | 9.3% | 7.7% | 6.5% | 7.8% | 8.9% | 13.0% | 11.6% | 10.7% | 8.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $383.9M | $417.6M | $380.8M | $31.1M | $45.8M | $98.5M | $68.0M | $61.3M | $63.4M | $20.7M | $374.4M | — |
| Cash & equivalents | $24.3M | $22.5M | $41.5M | $20.1M | $23.2M | $19.4M | $68.0M | $17.7M | $21.4M | $20.7M | $19.6M | — |
| Short-term investments | $359.6M | $395.0M | $339.3M | $11.0M | $22.5M | $79.2M | $335.3M | $43.6M | $42.1M | — | $354.8M | — |
| Receivables | $0 | $0 | $10.0M | $0 | $0 | $0 | $9.7M | $0 | $0 | $0 | $22.8M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $202.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.7M | — |
| Total current assets | $383.9M | $620.2M | $380.8M | $31.1M | $45.8M | $98.5M | $68.0M | $61.3M | $63.4M | $20.7M | $398.9M | — |
| Property, plant & equipment (net) | $18.6M | $18.8M | $18.1M | $18.2M | $18.2M | $17.8M | $21.8M | $17.9M | $17.5M | $17.6M | $21.6M | $18.0M |
| Goodwill & intangible assets | $7.8M | $7.8M | $7.8M | $6.2M | $6.2M | $6.2M | $6.4M | $6.5M | $6.3M | $6.4M | $6.5M | $6.6M |
| Long-term investments | $359.6M | $355.0M | $339.3M | $343.0M | $338.6M | $332.3M | $342.8M | $361.9M | $346.7M | $341.5M | $363.4M | $0 |
| Other non-current assets | $1.65B | $1.35B | $1.56B | $1.86B | $1.81B | $1.74B | $1.66B | $1.68B | $1.68B | $1.66B | $1.24B | $1.97B |
| Total assets | $2.42B | $2.35B | $2.31B | $2.26B | $2.22B | $2.19B | $2.10B | $2.13B | $2.12B | $2.05B | $2.03B | $2.00B |
| Liabilities | ||||||||||||
| Short-term debt | — | — | — | — | — | $6.0M | — | $12.0M | $12.0M | $12.0M | $24.0M | — |
| Total current liabilities | $2.05B | $2.06B | $526.9M | $1.95B | $1.97B | $1.94B | $1.24B | $1.82B | $1.82B | $1.76B | $1.77B | — |
| Long-term debt | $75.0M | $0 | $30.0M | $25.0M | $14.8M | $14.7M | $29.7M | $14.7M | $14.7M | $14.7M | $64.7M | $0 |
| Other long-term liabilities | $28.6M | $28.5M | $1.49B | $30.3M | $28.8M | $29.9M | $1.87B | $102.0M | $103.1M | $101.6M | $33.2M | — |
| Total liabilities | $2.15B | $2.09B | $2.05B | $2.00B | $2.01B | $1.99B | $1.90B | $1.94B | $1.94B | $1.88B | $1.87B | $1.86B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $12.0M | $12.0M | $12.0M | $12.0M | $10.3M | $10.3M | $10.3M | $10.2M | $10.2M | $10.2M | $9.5M | $9.5M |
| Retained earnings (deficit) | $79.3M | $72.6M | $66.9M | $59.8M | $53.0M | $47.0M | $42.0M | $36.3M | $28.4M | $22.5M | $20.1M | $12.9M |
| Accumulated other comprehensive income | −$10.5M | −$11.8M | −$9.2M | −$10.9M | −$13.2M | −$14.2M | −$15.8M | −$11.7M | −$16.6M | −$17.3M | −$19.5M | −$27.2M |
| Total shareholders' equity | $269.7M | $262.9M | $259.5M | $250.4M | $209.4M | $202.1M | $195.2M | $193.3M | $180.2M | $173.2M | $156.0M | $140.9M |
| Key figures | ||||||||||||
| Total debt | $75.0M | — | $30.0M | $25.0M | $14.8M | $20.7M | $14.7M | $26.7M | $26.7M | $26.7M | $88.7M | $32.7M |
| Net cash (debt) | $308.9M | — | $350.8M | $6.1M | $31.0M | $77.8M | $53.2M | $34.6M | $36.7M | −$5.9M | $285.7M | −$32.7M |
| Working capital | −$1.66B | −$1.44B | −$146.1M | −$1.92B | −$1.92B | −$1.85B | −$1.17B | −$1.76B | −$1.75B | −$1.74B | −$1.38B | — |
| Tangible book value | $261.9M | $255.1M | $251.7M | $244.3M | $203.2M | $195.9M | $188.8M | $186.9M | $173.9M | $166.8M | $149.6M | $134.3M |
| Book value per share | $21.67 | $21.13 | $20.95 | $22.32 | $19.73 | $18.99 | $18.39 | $18.33 | $17.25 | $16.95 | $16.18 | $14.66 |
| Shares outstanding | 12.4M | 12.4M | 12.4M | 11.2M | 10.6M | 10.6M | 10.6M | 10.5M | 10.4M | 10.2M | 9.6M | 9.6M |
| Current ratio | 0.19 | 0.30 | 0.72 | 0.02 | 0.02 | 0.05 | 0.05 | 0.03 | 0.03 | 0.01 | 0.22 | — |
| Quick ratio | 0.19 | 0.20 | 0.74 | 0.02 | 0.02 | 0.05 | 0.06 | 0.03 | 0.03 | 0.01 | 0.22 | — |
| Debt / equity | 0.28 | — | 0.12 | 0.10 | 0.07 | 0.10 | 0.08 | 0.14 | 0.15 | 0.15 | 0.57 | 0.23 |
| Equity / assets | 11.1% | 11.2% | 11.3% | 11.1% | 9.4% | 9.2% | 9.3% | 9.1% | 8.5% | 8.4% | 7.7% | 7.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 12, 2026); data from EODHD.
COSO financial position
At the end of fiscal 2025 (December 31, 2025), CoastalSouth Bancshares had total assets of $2.3 billion (up 9.9% from a year earlier), total liabilities of $2.0 billion and shareholders' equity of $259.5 million. It held $380.8 million in cash and short-term investments against $30.0 million of debt, a net cash position of $350.8 million. Its current ratio was 0.15. In the latest quarter (ended June 30, 2026) total assets were $2.4 billion and equity $269.7 million.
Related: COSO income statement, COSO cash flow statement, COSO key metrics. See the COSO stock overview for the latest quote and news.
COSO balance sheet FAQ
What are CoastalSouth Bancshares's total assets?
CoastalSouth Bancshares reported total assets of $2.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.1 billion a year earlier.
How much debt does CoastalSouth Bancshares have?
CoastalSouth Bancshares had $30.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.12.
How much cash does CoastalSouth Bancshares have?
CoastalSouth Bancshares held $380.8 million in cash and short-term investments at the end of fiscal 2025; with $30.0 million of debt that is net cash of $350.8 million.
What is CoastalSouth Bancshares's book value?
CoastalSouth Bancshares's shareholders' equity (book value) was $259.5 million at the end of fiscal 2025, or $22.53 per share.
What is CoastalSouth Bancshares's current ratio?
CoastalSouth Bancshares had current assets of $79.8 million and current liabilities of $526.9 million, a current ratio of 0.15 (current liabilities exceed current assets).
How much goodwill does CoastalSouth Bancshares have?
CoastalSouth Bancshares carried $7.8 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2025.