Everett, WA · Cert 34403 · Coastal Financial Corp.
State charter, Fed member · FED · 14 branches
Q2 2026
Market Position · Seattle-Tacoma-Bellevue, WA · 2026 SOD (annual) · 3.4% share · #8 of 43 inst. · $4.8B of $143.1B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.16% | 1.22% | 0.99% | 1.03% | 1.10% | 1.11% | 0.96% | -1.10% | -213 bps | |
| Return on Equity | 12.92% | 13.06% | 9.47% | 9.84% | 10.55% | 10.62% | 9.93% | -11.91% | -2,174 bps | |
| Net Interest Margin | 6.73% | 6.55% | 7.23% | 6.87% | 6.81% | 6.76% | 6.72% | 6.83% | -4 bps | |
| Efficiency Ratio | 40.97% | 41.82% | 51.12% | 55.38% | 52.80% | 52.69% | 55.54% | 68.22% | +1,284 bps | |
| Non-Interest Burden | -1.91% | -1.71% | 0.77% | 1.68% | 1.20% | 1.18% | 1.38% | 2.72% | +104 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.55% | 9.83% | 12.29% | 13.12% | 11.99% | 15.05% | 30.53% | 21.78% | +866 bps | |
| Loan Growth (YoY) | 15.48% | 15.90% | 11.22% | 8.25% | 9.35% | 8.94% | 11.91% | 19.87% | +1,162 bps | |
| Deposit Growth (YoY) | 10.22% | 7.94% | 10.62% | 11.52% | 10.55% | 15.24% | 32.44% | 23.87% | +1,235 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.94% | 1.79% | 1.58% | 1.69% | 1.60% | 1.68% | 1.70% | 2.27% | +58 bps | |
| Net Charge-Offs / Loans | 6.21% | 6.15% | 5.42% | 5.42% | 5.22% | 5.15% | 4.98% | 4.64% | -77 bps | |
| Allowance / Loans | 4.97% | 5.05% | 5.15% | 4.58% | 4.64% | 4.44% | 4.33% | 4.95% | +38 bps | |
| Allowance Coverage of NPLs | 2.6x | 2.8x | 3.2x | 2.7x | 2.9x | 2.6x | 2.5x | 2.2x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.29% | 10.64% | 10.57% | 10.33% | 10.49% | 10.60% | 10.10% | 9.13% | -121 bps | |
| Total Risk-Based Capital | 11.63% | 13.28% | 13.42% | 13.65% | 13.66% | 13.79% | 13.48% | 12.27% | -138 bps | |
| Equity / Assets | 9.13% | 10.59% | 10.35% | 10.33% | 10.47% | 10.41% | 8.96% | 8.57% | -175 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.31% | 96.53% | 92.77% | 90.99% | 93.28% | 91.26% | 78.39% | 88.04% | -294 bps | |
| Liquid Assets / Assets | 11.99% | 11.25% | 14.47% | 16.40% | 14.31% | 15.84% | 26.30% | 18.44% | +204 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 316% | 306% | 303% | n/a | n/a | |