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Coastal Banking Company, Inc. (CBCO)


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Coastal Banking Company, Inc.

36 Sea Island Parkway
Beaufort, SC 29907
United States
843-522-1228
http://www.coastalbanking.com

SectorFinancial
IndustryRegional - Mid-Atlantic Banks
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Michael G. SanchezChairman, CEO, Chairman of CBC National Bank and Chief Exec. of CBC National Bank324.51kN/A67
Mr. Charles K. Wagner Jr.Pres, Director, Pres of CBC National Bank and Director of CBC National Bank885.39kN/A46
Dr. James W. Holden Jr., DVMCompany Sec., Director, Director of CBC National Bank and Director of Lowcountry National Bank13.75kN/A57
Mr. Thomas J. FlournoyChief Financial OfficerN/AN/A61
Mr. W. Durand ChildersExec. VP of Gov. Guaranteed Lending Division - CBC National BankN/AN/A47
Amounts are as of December 31, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Coastal Banking Company, Inc. operates as the bank holding company for CBC National Bank that provides commercial and consumer banking services. The company operates in three segments: Community Banking, SBA Lending, and Mortgage Banking Operations. Its personal banking services include checking, savings, certificates of deposit, and individual retirement accounts; and Internet banking, mobile banking, telephone banking, debit/ATM card, and other personal services. The company also offers various business accounts; and merchant, cash management, and other business services. In addition, it provides residential mortgages; and personal loans, including first or second mortgage equity term, automobile, boat and personal watercraft, RVs, motor homes, camper, motorcycle, airplane, farm equipment, mobile home, vacant lot, and unsecured or other financing, as well as home equity lines of credit. Further, the company offers business loans, such as commercial mortgages, revolving lines of credit, equipment loans, vehicle loans, working capital loans, letters of credit, and small business administration and rural development loans; and credit cards. It operates through three branches in Lady’s Island and Port Royal, South Carolina; and Fernandina Beach, Florida, as well as through retail residential loan production offices located in Arizona, Florida, Georgia, Illinois, Indiana, Maryland, Michigan, North Carolina, and Ohio. The company was founded in 1999 and is headquartered in Beaufort, South Carolina.

Corporate Governance

Coastal Banking Company, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.