Everett-headquartered Coastal Financial Corporation, the holding company for Coastal Community Bank, announced net income for the second quarter of 2017 to be $1.9 million, an increase of 58 percent compared to the same period in the prior year.
Coastal’s net income year-to-date is $3.2 million. Highlights of the report include deposits increasing 13 percent year-over-year and now totaling $640.9 million.
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.