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Coastal Carolina National Bank: Coastal Carolina Bancshares, Inc. Announces Record Quarterly Earnings


Coastal Carolina National Bank: Coastal Carolina Bancshares, Inc. Announces Record Quarterly Earnings
MYRTLE BEACH, SC / ACCESSWIRE / April 23, 2021 / Coastal Carolina Bancshares, Inc. (the Company ) (OTCQX:CCNB), parent of Coastal Carolina National Bank (the Bank ), reported unaudited financial results for the first quarter of 2021. The Company reported net income of $1,387,569 or $.23 cents per share for the three months ended March 31, 2021, compared to $1,264,931 or $.21 cents per share for the prior quarter ended December 31, 2020 and $762,734 for the first quarter of last year ended March 31, 2020. This represents an increase of 10% on a linked quarter basis and 82% year over year.
2021 First Quarter Financial Highlights
First quarter net income of $1,387,569, an increase of 82% year over year, and 10% on a linked quarter basis ....

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Coastal Carolina Bancshares, Inc. Announces 2020 Earnings


Press release content from Accesswire. The AP news staff was not involved in its creation.
Coastal Carolina Bancshares, Inc. Announces 2020 Earnings
January 27, 2021 GMT
MYRTLE BEACH, SC / ACCESSWIRE / January 27, 2021 / Coastal Carolina Bancshares, Inc. (the “Company”) (OTCQX:CCNB), parent of Coastal Carolina National Bank (the “Bank”), reported unaudited financial results for the fourth quarter and year-end 2020. The Company reported net income of $3,740,032 or $.61 cents per share for the twelve months ended December 31, 2020, compared to $2,817,002 or $.46 cents per share, for the same period ended December 31, 2019, representing a 32.8% increase. Net income for the three months ended December 31, 2020, was $1,264,931 or $.21 cents per share, which represents a 22% increase over prior quarter income of $1,033,424 and a 42% increase over quarterly net income of $891,733 for the same period one year ago. ....

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