EXHIBIT 107
Calculation of Filing Fee Tables
Form S-3
(Form Type)
Coastal Financial Corporation
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
| Security Type | Security Class Title | Fee Calculation Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |||||||||||||||||||||||||
| Fees to Be Paid | Equity | Common Stock, no par value | Rule 457(o) | (1) | $(1) | $⸻ | ⸻ | $⸻ | ||||||||||||||||||||||||
| Equity | Preferred Stock, no par value | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Debt | Debt Securities | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Other | Depositary Shares | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Other | Warrants | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Other | Purchase Contracts | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Other | Subscription Rights | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Other | Units | Rule 457(o) | (1) | (1) | ⸻ | ⸻ | ⸻ | |||||||||||||||||||||||||
| Unallocated (Universal) Shelf | ⸻ | Rule 457(o) | $200,000,000 | ⸻ | $200,000,000 (2) | 0.00014760 | $29,520 | |||||||||||||||||||||||||
| Fees Previously Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||||||||
| Total Offering Amounts | $200,000,000 (2) | $29,520 | ||||||||||||||||||||||||||||||
| Total Fees Previously Paid | $⸻ | |||||||||||||||||||||||||||||||
| Total Fee Offsets | $12,601 | |||||||||||||||||||||||||||||||
| Net Fee Due | $16,919 | |||||||||||||||||||||||||||||||
Table 2: Fee-Offset Claims and Sources
| Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Security Type Associated with Fee Offset Claimed | Security Title Associated with Fee Offset Claimed | Unsold Securities Associated with Fee Offset Claimed | Unsold Aggregate Offering Amount Associated with Fee Offset Claimed | Fee Paid with Fee Offset Source | |
| Rule 457(p)(3) | |||||||||||
| Fee Offset Claims | Coastal Financial Corporation | S-3 | 333-255210 | 04/13/2021 | — | $12,601 | Unallocated (Universal) Shelf | Common Stock, Preferred Stock, Debt Securities, Depositary Shares, Warrants, Purchase Contracts, Purchase Units, Subscription Rights, Units | Unallocated (Universal) Shelf | $115,499,953.50 | — |
| Fee Offset Sources | Coastal Financial Corporation | S-3 | 333-255210 | — | 04/13/2021 | — | — | — | — | — | $12,601 |
| (1) | An indeterminate number or aggregate principal amount, as applicable, of securities of each identified class is being registered as may from time to time be offered on a primary basis at indeterminate prices, including an indeterminate number or amount of securities that may be issued upon the exercise, settlement, exchange or conversion of securities offered hereunder. Separate consideration may or may not be received for securities that are issuable upon conversion of, or in exchange for, or upon exercise of, convertible or exchangeable securities. Pursuant to Rule 416 under the Securities Act of 1933, as amended, or the Securities Act, this registration statement shall also cover any additional securities of the registrant that become issuable by reason of any splits, dividends or similar transactions or anti-dilution adjustments. | |
| (2) | Estimated solely for the purpose of calculating the registration fee. Subject to Rule 462(b) under the Securities Act, the aggregate initial offering price of all securities issued by the registrant pursuant to this registration statement will not exceed $200,000,000. | |
| (3) | On April 13, 2021, the Registrant filed a registration statement on Form S-3 (File No. The Prior Registration statement was declared effective on April 22, 2021, and identified and registered an aggregate principal amount of $150,000,000 of an indeterminate amount of securities to be offered by the Registrant from time to time for which a filing fee of $16,365.00 was due and contemporaneous paid. Pursuant to Rule 457(p) under the Securities Act, the Registrant hereby offsets the total registration fee due under this registration statement by $12,601.00 (calculated at the fee rate in effect at the date of the Registrant’s Prior Registration Statement), which represents the portion of the registration fee previously paid with respect to $115,499,953.50 of unsold securities previously registered under the Prior Registration Statement. The Registrant hereby confirms that any offerings of the unsold securities associated with the claimed fee offset pursuant to Rule 457(p) have been completed or terminated. |
