BEAUFORT, S.C., Aug. 15, 2011 (GLOBE NEWSWIRE) -- Coastal Banking Company Inc. (OTCBB:CBCO), the holding company of CBC National Bank, which operates divisions including Lowcountry National Bank in Beaufort, S.C., and First National Bank of Nassau County in Fernandina Beach, Fla., today reported a quarterly net loss of $181,316, or a loss of $0.13 per diluted common share, for the quarter ended June 30, 2011. This compares to a net loss of $558,660, or a loss of $0.27 per diluted common share, in the second quarter of 2010.
For the full text of the press release and financial tables, please visit the company's website at www.coastalbanking.com/pdf/CBCO-2Q11-Earnings-Final.pdf.