Coastal Carolina Bancshares, Inc. is a holding company for Coastal Carolina National Bank (the Bank). The principal business activity of the Bank is to provide banking services to domestic markets, principally in Horry County, Richland County, Aiken County, and Greenville County, South Carolina. The Bank is a nationally chartered commercial bank and its deposits are insured by the Federal Deposit Insurance Corporation. The Company’s loan portfolio consists of loans to individuals and businesses for various personal and commercial purposes primarily in its respective markets. Its securities include small business administration (SBA) bonds, mortgage-backed securities (MBSs), collateralized mortgage obligations (CMOs), municipal bonds and corporate debt securities. Its loan portfolio includes construction and land development; real estate-mortgage; real estate-other; commercial and industrial, and consumer and other.