About Coastal States BankCoastalSouth Bancshares, Inc. (the “Company” or “COSO"), headquartered in Hilton Head Island, South Carolina, is a registered bank holding company with one banking subsidiary, Coastal States Bank (“CSB”). CSB operates retail banking branches in Beaufort County, South Carolina, Dawson County, Georgia, and Forsyth County, Georgia. CSB also has commercial lending centers in Savannah, Georgia and Atlanta, Georgia, as well as other commercial lines of business that operate on a national platform. The deposits of CSB are insured by the Federal Deposit Insurance Corporation (“FDIC”). CSB has one wholly owned subsidiary, Coastal States Mortgage, Inc. (“CSM”), a mortgage company focused on originating and selling residential mortgages to investors. The Company was organized on September 28, 2003 as a Virginia corporation, with no activity until August 9, 2004. CSB was organized as a South Carolina state-chartered bank on July 30, 2004 and opened on August 9, 2004.
Shareholder ServicesThe Company is listed on the OTC Markets (OTCQX) under the ticker symbol COSO. The exchange requires quarterly financial disclosures to be made 45 days after each quarter end for the 1st, 2nd and 3rd quarter of each year. Annual financial disclosures are required to be made 90 days after year end. In addition to providing quarterly and annual financial statements, the Company must provide other material financial information to include call reports, proxy information or other material financial events. Such information can be found on the OTC Markets site.
News & Events
2020
2019
2018
Stan Jackson Joins CoastalStates Bank as Marketing & Communications Manager
CSB Offers Nationwide Small Business Administration (SBA) Lending
Donna S. Wade named Sr. Vice President & Forsyth Market President of Foothills Community Bank
Kate Allen Rott Joins CoastalStates Bank as Vice President, Commercial Lender
CoastalSouth Bancshares, Inc. Closes Merger with First Citizens Financial Corporation
Financial Information
REQuired filings
Tax Related Filings
(Posted 11/01/2017)
- 1-For-10 Reverse Common Stock Split - Click Here to View PDF
- Conversion of Preferred Stock to Common Stock - Click Here to View PDF
(Posted 08/20/2018)
- Exchange of FCFC Shares for COSO Shares - Click Here to View PDF