Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2025

Commitments and Contingencies Disclosure [Abstract]

Financial instruments where contract amounts represent credit risk as of September 30, 2025 and December 31, 2024 include:


(In thousands of dollars)	September 30, 2025		December 31, 2024
Commitments to extend credit	$	511,456	$	460,840
Letters of credit		181		1,223
Total	$	511,637	$	462,063

Summary of Tax Credit Investment and Equity Investment

The following table summarizes the tax credit investment and equity investment as of September 30, 2025 and December 31, 2024:


(In thousands of dollars)	Balance Sheet Location	September 30, 2025		December 31, 2024
Carrying amount	Other assets	$	2,007	$	2,666
Amount of future funding commitments not included in carrying amount	N/A		2,601		2,721

Summary of Net Provision (Benefit) to Income Tax Expense from Tax Credit Investments

The following table presents a summary of net provision (benefit) to income tax expense from tax credit investments recognized in the provision for income taxes related to the recognition of tax credits, adjustments to taxes payable from flow-through losses, and changes in deferred tax items for the three and nine months ended September 30, 2025 and 2024:


		Three Months Ended					Nine Months Ended
	Income Statement	September 30,					September 30,
(In thousands of dollars)	Location	2025		2024			2025			2024
Tax credits
Investment in solar tax credits	Income tax expense (benefit)	$	6	$	(6	)	$	(430	)	$	(263	)

CoastalSouth Bancshares, Inc. 10-Q