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Last Updated: Sunday, October 6, 2013 7:38:43 PM
Coastal Banking Company, Inc. CBCO Current Price and Quotes
Last Price 7.30
Previous Close 7.30 Open 7.30
Daily Range 7.30 - 7.30 52wk Range 8.75 - 3.76
Volume 100 Dividend N/A
Average Vol (3m) 1,550 Yield N/A
Coastal Banking Company, Inc. CBCO
Company Verified Profile
Company Information
1891 South 14th Street
Fernandina Beach, FL 32034
Website: https://www.coastalbanking.com
Phone: 904-321-0400
Coastal Banking Company, Inc. CBCO
Coastal Banking Company, Inc., a South Carolina corporation, is the parent of CBC National Bank, which operates as Lowcountry National Bank in Beaufort, South Carolina, First National Bank of Nassau County in Fernandina Beach, Florida and The Georgia Bank in Meigs, Georgia. CBC National Bank provides a full range of consumer and business banking services through full-service banking offices in Beaufort, Fernandina Beach, Meigs, Hilton Head, South Carolina, and Port Royal, South Carolina
Coastal Banking Company, Inc. CBCO
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: Bank/Thrift
Deregistered a/o May 02, 2012
Audited Financials Audited
Latest Report Jun 30, 2013 Quarterly Report
Regulatory Agency Office of the Comptroller of the Currency
CIK 0001093897
Fiscal Year End 12/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 6021 - National commercial banks
Incorporated In: SC, USA
Year of Inc. 1999
Employees 350 a/o Mar 29, 2013
Company Officers/Contacts
Michael G. Sanchez President, CEO
Paul Garrigues CFO, EVP
Indra Hendricks Senior VP, Controller
Company Directors
Not Available
Service Providers
Auditor/Accountant
Mauldin & Jenkins Certified Public Accountants, LLC
2303 Dawson Road
P. O. Box 71549
Albany, NY, 31708
United States
Legal Counsel
Bryan Cave LLP
1201 West Peachtree St., NW
Atlanta, GA, 30309
United States
Investor Relations Firm
Broadridge Corporate Issuer Solutions, Inc.
1717 Arch Street
Philadelphia, PA, 19003
United States
Coastal Banking Company, Inc. CBCO
CBCO Security Details
Share Structure
Market Value1 $18,992,899 a/o Oct 04, 2013
Shares Outstanding 2,601,767 a/o Dec 31, 2012
Float Not Available
Authorized Shares 10,000,000 a/o Dec 31, 2012
Par Value 0.01
Shareholders
Shareholders of Record 620 a/o Mar 17, 2011
Corporate Actions
Ex. Date Record Date Pay Date
Dividend (0.00) Nov 28, 2007 Nov 30, 2007 Dec 14, 2007
Security Notes
Capital Change=Stk. Div.=5%. Ex-date=03/10/2004. Rec date=03/12/2004. Pay date=03/26/2004.
Capital Change=Stk. Div.=5%. Ex-date=11/29/2005. Rec date=12/01/2005. Pay date=12/15/2005.
Capital Change=Stk. Div.=5%. Ex-date=11/28/2007. Rec date=11/30/2007. Pay date=12/14/2007.
Short Selling Data
Short Interest 0 (-100%)
Mar 15, 2013
Significant Failures to Deliver No
Transfer Agent(s)
First Citizens Bank
Coastal Banking Company, Inc. CBCO Financials
Period Ending Dec 31, 2012 Dec 31, 2011
Total Revenue 65,871 38,543
Cost of Revenue 3,169 3,803
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 53,086 29,134
Non-Recurring Items 1,019 962
Other 4,101 2,905
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax 4,497 1,738
Interest Expense 1,056 1,430
Earnings Before Tax 3,441 308
Income Tax 1,557 (49)
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations 1,884 357
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 1,884 357
Preferred Stock and Other Adjustments (572) (567)
Net Income Applicable to Common Shareholders 1,312 (210)
Coastal Banking Company, Inc. CBCO Recent News
Aug 16, 2013 Coastal Banking Company Reports Second Quarter 2013 Earnings
Aug 12, 2013 Coastal Banking Company Announces Lifting of the Formal Agreement Between OCC and CBC National Bank
Jul 9, 2013 Coastal Banking Company Announces Reversal of Deferred Tax Asset Valuation Allowance and Other Second Quarter Events
CBCO Coastal Banking Company, Inc. Research DD Guide
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