Coastal Carolina Bancshares

What Coastal Carolina Bancshares does

Coastal Carolina Bancshares, Inc. is a publicly traded bank holding company (OTCQX: CCNB) headquartered in Myrtle Beach, South Carolina, that operates as the parent of Coastal Carolina National Bank. The company, formed in 2008 and operational since June 2009 following a $21.8M initial capitalization, runs a community-banking franchise serving two core customer segments: small and medium-sized businesses requiring commercial lending, treasury services, and cash management, and individual consumers seeking personal checking, savings, mortgages, HELOCs, and credit cards. Revenue is generated primarily through net interest income from a diversified loan portfolio of commercial, residential mortgage, and consumer loans, supplemented by mortgage banking gain-on-sale revenue, SBA PPP origination fees, and deposit and treasury services. The bank holds 10 full-service branches across South Carolina (Myrtle Beach, Garden City, North Myrtle Beach, Conway, Aiken, Columbia, Greenville, Spartanburg, Orangeburg) and one in North Carolina (Ocean Isle Beach), with a pending all-stock merger of equals with Beacon Holding Company announced May 29, 2026 expected to close in Q3/Q4 2026 and create a $2.2 billion-asset, 16-branch entity spanning from Wilmington, NC to Charleston, SC.

Name

Coastal Carolina Bancshares

Legal name

Coastal Carolina Bancshares, Inc.

Website

https://www.myccnb.com/

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Coastal Carolina Bancshares (OTCQX: CCNB) is a Myrtle Beach, SC-based bank holding company operating Coastal Carolina National Bank, a 10-branch community bank serving small businesses and consumers across South Carolina and North Carolina with lending, deposit, mortgage, and treasury services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Offices of Bank Holding Companies (551111)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Consumer & Retail (CPG, Food, Apparel) (FSABACAM)

Keywords

• Community banking
• Personal banking services
• Business banking
• Commercial lending
• Mortgage lending

Headquarters

HQ city

Myrtle Beach

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Net Interest Income: Interest income from loan portfolio (commercial, residential mortgage, consumer loans) minus interest paid on deposits. Primary revenue driver historically generating $12.6M-$17.2M annually. Net interest margin approximately 3.4-3.7%.
2. Mortgage Banking: Gain on sale of mortgage loans originated and sold into secondary markets. Record mortgage revenues of $3.2M in 2020, up 163% year-over-year from $1.2M in 2019. Additional revenue from mortgage rate lock program.
3. Deposit Services: Non-interest income from deposit account services including checking, savings, money market accounts, CDs, treasury services, and cash management products for commercial customers.
4. SBA PPP Program: Fees from Paycheck Protection Program loans originated for small businesses. Originated $26M+ in PPP loans in 2020.
5. Treasury Services: Cash management products and treasury services for commercial depositors providing commercial deposit product solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Coastal Carolina Bancshares, Inc. operates as the bank holding company for Coastal Carolina National Bank (CCNB), a community bank providing personal and business banking products including checking, savings, CDs, credit cards, commercial loans, residential mortgages, treasury services, and digital/mobile banking. The bank operates 10 branches across South Carolina and North Carolina, with plans to expand to 16 branches following a pending merger with Beacon Holding Company.

Product overview

Coastal Carolina National Bank (CCNB) operates as a community bank offering a unified suite of banking products organized around personal banking, business banking, mortgage lending, and electronic banking services. Personal banking centers on deposit products including Simple Rewards Checking (high-yield interest-bearing account with no minimum balance), Simple Steps Minor Checking (for teens 13+), personal savings, and personal credit cards, supplemented by personal lending including home equity lines. Business banking encompasses Business Checking and Business Savings with Treasury Services for cash management, Commercial Loans for business financing, and business credit cards. Mortgage offerings include Mortgage Loans with a Rate Lock Program and construction loans. Electronic banking encompasses Online Banking, Mobile Banking with Mobile Deposits, E-Statements, and CardHub for card management. The bank also integrates third-party payment services including Zelle, Apple Pay, and Google Pay. Products are delivered through 10 branch locations across South Carolina and North Carolina, online platforms, and mobile applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking
• Simple Rewards Checking
• Coastal Rewards Checking
• Simple Steps Minor Checking
• Personal Savings
• Personal Lending
• Home Equity Lines (HELOC)
• CCNB Personal Credit Cards
• Business Checking
• Business Savings
• Commercial Loans
• CCNB Business Credit Cards
• Treasury Services
• IntraFi (ICS) Insured Cash Sweep
• Mortgage Loans
• Online Banking
• Mobile Banking
• CardHub

Quantifiable outcome

• Q1 2026 EPS $0.43, net income $3.3M - 38% YoY increase
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered flagship, core and minor.

• Beacon Holding CompanyflagshipStrategic or Co-development Partner · 29 May 2026All-stock merger of equals announced May 29, 2026. Creates third-largest publicly traded community bank holding company in South Carolina with approximately $2.2 billion in assets. Combined entity will have 16 branches spanning from Wilmington, NC to Charleston, SC including Upstate region. Headquarters will remain in Myrtle Beach. Expected to close Q3/Q4 2026 pending regulatory and shareholder approvals. Unanimously approved by both boards.
• VisacoreTechnology or IntegrationCredit card issuing partnership for personal and business credit cards. Integrated with Apple Pay and Google Pay mobile payments.
• IntraFi (formerly ICS)coreTechnology or IntegrationProvides Insured Cash Sweep (ICS) service enabling FDIC insurance coverage above $250K limit for large commercial deposits.
• ZellecoreTechnology or IntegrationIntegrated person-to-person payment service allowing customers to send money quickly between bank accounts.
• American Heart AssociationminorGTM or Marketing PartnerWellness partnership promoting heart health. Bank sponsors health events and distributes American Heart Association educational materials.
• YMCA of Coastal CarolinaminorGTM or Marketing PartnerSponsorship of complimentary YMCA360 memberships for customers. Part of 'Your Health Matters' wellness initiative.
• South Carolina Department of Social ServicesminorGTM or Marketing PartnerPartnership for Senior Farmers Market Nutrition Program (SFMNP). CCNB serves as distribution point for $50 benefit checks to qualifying seniors (60+) for fresh produce from local farmers markets. Program runs June 1 - October 15 annually.
• City of SimpsonvilleminorGTM or Marketing PartnerNaming rights sponsor of CCNB Amphitheatre at Heritage Park in Simpsonville, SC. Named sponsor relationship for premier outdoor entertainment venue.
• Brookgreen GardensminorGTM or Marketing PartnerSponsorship of 'Yoga in the Garden' wellness classes at Brookgreen Gardens in Murrells Inlet. Classes offered spring and fall seasons.
• City of North Myrtle BeachminorGTM or Marketing PartnerSponsorship of Music on Main Street summer concert series at The Horseshoe in North Myrtle Beach. Free Thursday evening concerts June-August.
• PGA TourminorGTM or Marketing PartnerSponsor of Myrtle Beach Classic PGA golf tournament. Protected content page exists for event.

Scale indicators19 records

Recent moves25 records

Expansion highlights5 records

Direct peers

• First Bancorp (TARP): South Carolina-headquartered community bank holding company with a similar Carolinas footprint, comparable asset size, and traditional community banking model targeting SMBs and consumers.
• United Community Banks: Regional community bank holding company serving the Southeast with a strong Carolinas presence, similar SMB and consumer banking focus, and comparable deposit-gathering branch model.
• Pinnacle Financial Partners: Southeast-focused community bank with a relationship-based banking model targeting SMBs, mirroring CCNB's 'We Can Do That' local decision-making approach and deposit-funded loan growth strategy.
• Atlantic Union Bankshares: Virginia-headquartered community bank holding company with comparable asset size, similar SMB and consumer banking focus, and an active branch-based growth strategy in the Mid-Atlantic and Southeast.
• TowneBank: Virginia and North Carolina community bank with similar relationship-banking orientation, coastal market presence, and emphasis on local decision-making and personalized service for SMB and consumer clients.

Broad incumbents

• SouthState Corporation: Major Southeast regional bank holding company headquartered in South Carolina with deep Carolinas market presence, offering a full suite of banking services to consumers and businesses including mortgage and treasury services.
• First Horizon Corporation: Large regional bank holding company with significant Southeast operations including the Carolinas, offering commercial, consumer, and mortgage banking products to a similar customer base.
• Cadence Bank: Mid-sized regional bank offering commercial, consumer, and mortgage banking services across the Southeast and Texas, providing a relevant comparable for community bank consolidation outcomes.
• First Citizens BancShares: Major North Carolina-headquartered bank holding company with deep Carolinas roots and a long history of acquiring community banks — directly relevant as a competitor for talent, customers, and M&A targets.

Emerging players

• Live Oak Bancshares: NC-headquartered digitally-focused community bank serving small businesses, comparable to CCNB's SMB focus but differentiated by its technology-led, niche-lending business model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/myccnb
• LinkedInlinkedin.com/company/coastal-carolina-national-bank
• Instagraminstagram.com/myccnb

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coastal Carolina Bancshares