Coastal Banking Company Reports Third Quarter 2011 Results


BEAUFORT, S.C., Nov. 14, 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., reported a net loss of $368,903, or a loss of $0.20 per diluted share, for the quarter ended Sept. 30, 2011. This compares to a net loss of $496,489, or a loss of $0.25 per diluted share, in the third quarter of 2010.

For the full text of the press release and financial tables, please visit the company's website at http://www.coastalbanking.com/pdf/CBCO-3Q11-Earnings.pdf .



            

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