Coastal Financial Corporation reported a net income of $12.4 million for Q1 2023, with a return on average assets of 1.58% and a return on average equity of 19.89%. Total assets reached $3,451.0 million, loans receivable totaled $2,837.2 million, and total deposits amounted to $3,095.2 million.
Net income for the quarter ended March 31, 2023, was $12.4 million.
Total assets reached $3,451.0 million as of March 31, 2023.
Loans receivable totaled $2,837.2 million as of March 31, 2023.
Total deposits amounted to $3,095.2 million as of March 31, 2023.
No specific forward guidance was provided in the document.
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