# EDGAR Filing Document

**Accession Number:** 0001353254
**File Stem:** 0000895345-26-000240
**Filing Date:** 2026-5
**Character Count:** 18832
**Document Hash:** e85106fcab7673a493fe898d9824c0b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000895345-26-000240.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000895345-26-000240

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CoastalSouth Bancshares, Inc.
- **CENTRAL INDEX KEY:** 0001297107
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 571184730
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95232
- **FILM NUMBER:** 261029346

**BUSINESS ADDRESS:**
- **STREET 1:** 400 GALLERIA PKWY
- **STREET 2:** SUITE 1900
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
- **BUSINESS PHONE:** 678-396-4605

**MAIL ADDRESS:**
- **STREET 1:** 400 GALLERIA PKWY
- **STREET 2:** SUITE 1900
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Coastal South Bancshares Inc
- **DATE OF NAME CHANGE:** 20040713
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EJF Capital LP
- **CENTRAL INDEX KEY:** 0001353254

**ORGANIZATION NAME:**
- **EIN:** 202815526
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 2107 WILSON BOULEVARD
- **STREET 2:** SUITE 410
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22201
- **BUSINESS PHONE:** 703-875-0591

**MAIL ADDRESS:**
- **STREET 1:** 2107 WILSON BOULEVARD
- **STREET 2:** SUITE 410
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EJF Capital LLP
- **DATE OF NAME CHANGE:** 20260113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EJF Capital LP
- **DATE OF NAME CHANGE:** 20260113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EJF Capital LLC
- **DATE OF NAME CHANGE:** 20060214

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Issuer:** CoastalSouth Bancshares, Inc.

**Title of Class of Securities:** Voting Common Stock, $1.00 par value per share

**CUSIP Number:** —

**Date of Event Which Requires Filing of this Statement:** 03/31/2026

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>EJF Capital LP | Names of Reporting Persons<br>EJF Capital LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>192676 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>192676 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.6% | Percent of Class Represented by Amount in Row (9)<br>1.6% |
| 12. | Type of Reporting Person (See Instructions)<br>IA | Type of Reporting Person (See Instructions)<br>IA |

**Comment for Type of Reporting Person:** Based on 12,035,531 shares of voting common stock, par value $1.00 per share ("Voting Common Stock") outstanding as of May 6, 2026, as reported by CoastalSouth Bancshares, Inc. (the "Issuer") in its Form 10-Q filed with the U.S. Securities and Exchange Commission ("SEC") on May 8, 2026. See Item 4.

---

| 1. | Names of Reporting Persons<br>Emanuel J. Friedman | Names of Reporting Persons<br>Emanuel J. Friedman |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>192676 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>192676 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.6% | Percent of Class Represented by Amount in Row (9)<br>1.6% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Based on 12,035,531 shares of Voting Common Stock outstanding as of May 6, 2026, as reported by the Issuer in its Form 10-Q filed with the SEC on May 8, 2026. See Item 4.

---

| 1. | Names of Reporting Persons<br>Neal J. Wilson | Names of Reporting Persons<br>Neal J. Wilson |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>192676 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>192676 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.6% | Percent of Class Represented by Amount in Row (9)<br>1.6% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Based on 12,035,531 shares of Voting Common Stock outstanding as of May 6, 2026, as reported by the Issuer in its Form 10-Q filed with the SEC on May 8, 2026. See Item 4.

---

| 1. | Names of Reporting Persons<br>EJF Sidecar Fund, Series LLC - Small Financial Equities Series | Names of Reporting Persons<br>EJF Sidecar Fund, Series LLC - Small Financial Equities Series |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>0 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>0 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0% | Percent of Class Represented by Amount in Row (9)<br>0% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

---

| 1. | Names of Reporting Persons<br>EJF Financial Services Fund, LP | Names of Reporting Persons<br>EJF Financial Services Fund, LP |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>192676 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>192676 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.6% | Percent of Class Represented by Amount in Row (9)<br>1.6% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

**Comment for Type of Reporting Person:** Based on 12,035,531 shares of Voting Common Stock outstanding as of May 6, 2026, as reported by the Issuer in its Form 10-Q filed with the SEC on May 8, 2026. See Item 4.

---

| 1. | Names of Reporting Persons<br>EJF Financial Services GP, LLC | Names of Reporting Persons<br>EJF Financial Services GP, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>192676 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>192676 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>192676 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>1.6% | Percent of Class Represented by Amount in Row (9)<br>1.6% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Based on 12,035,531 shares of Voting Common Stock outstanding as of May 6, 2026, as reported by the Issuer in its Form 10-Q filed with the SEC on May 8, 2026. See Item 4.

---

**Item 1(a). Name of Issuer:**
CoastalSouth Bancshares, Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
400 GALLERIA PKWY, Suite 1900, Atlanta, Georgia, 30339

**Item 2(a). Name of Person Filing:**
This Amendment No. 1 to Schedule 13G is being filed on behalf of the following persons (the "Reporting Persons"):

(i) EJF Capital LP;
(ii) Emanuel J. Friedman;
(iii) Neal J. Wilson
(iv) EJF Sidecar Fund, Series LLC - Small Financial Equities Series ("Sidecar SFES");
(v) EJF Financial Services Fund, LP (the "Financial Services Fund"); and
(vi) EJF Financial Services GP, LLC

**Item 2(b). Address of Principal Business Office:**
The address of the principal business office of each Reporting Person is:
2107 Wilson Boulevard
Suite 410
Arlington, VA 22201

**Item 2(c). Citizenship:**
See Item 4 of the attached cover pages.

**Item 2(d). Title of Class of Securities:**
Voting Common Stock, $1.00 par value per share

**Item 2(e). CUSIP Number:**
—

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

See Item 9 of the attached cover pages.

**(b) Percent of class:**

See Item 11 of the attached cover pages.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

See Item 5 of the attached cover pages.

**(ii) Shared power to vote or to direct the vote:**

See Item 6 of the attached cover pages.

**(iii) Sole power to dispose or to direct the disposition of:**

See Item 7 of the attached cover pages.

**(iv) Shared power to dispose or to direct the disposition of:**

See Item 8 of the attached cover pages.
Each of Sidecar SFES and the Financial Services Fund is the beneficial owner of the number of shares of Voting Common Stock shown on Item 9 of their respective cover pages.
EJF Financial Services GP, LLC is the general partner of the Financial Services Fund and an investment manager of certain affiliates thereof and may be deemed to share beneficial ownership of the shares of Voting Common Stock of which the Financial Services Fund is the beneficial owner.
EJF Capital LP is the managing member of Sidecar SFES (and the investment manager of an affiliate thereof) and the sole member of EJF Financial Services GP, LLC, and may be deemed to share beneficial ownership of the shares of Voting Common Stock of which such entities may share beneficial ownership.
Emanuel J. Friedman and Neal J. Wilson, as the members and managers of EJF Capital LP, may be deemed to share beneficial ownership of the shares of Voting Common Stock over which EJF Capital LP may share beneficial ownership.

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**EJF Capital LP**

**Date:** 05/28/2026

**By:** /s/ Thomas Davison

**Name & Title:** Thomas Davison, General Counsel

**Emanuel J. Friedman**

**Date:** 05/28/2026

**By:** /s/ Emanuel J. Friedman

**Name & Title:** Emanuel J. Friedman

**Neal J. Wilson**

**Date:** 05/28/2026

**By:** /s/ Neal J. Wilson

**Name & Title:** Neal J. Wilson

**EJF Sidecar Fund, Series LLC - Small Financial Equities Series**

**Date:** 05/28/2026

**By:** /s/ Thomas Davison

**Name & Title:** EJF CAPITAL LP, Its Managing Member, By: Thomas Davison, General Counsel

**EJF Financial Services Fund, LP**

**Date:** 05/28/2026

**By:** /s/ Thomas Davison

**Name & Title:** EJF FINANCIAL SERVICES GP, LLC, Its General Partner, By: EJF CAPITAL LP, Its Sole Member, By: Thomas Davison, General Counsel

**EJF Financial Services GP, LLC**

**Date:** 05/28/2026

**By:** /s/ Thomas Davison

**Name & Title:** EJF CAPITAL LP, Its Sole Member, By: Thomas Davison, General Counsel