Coastal Banking Company, Inc., is a bank holding company. The principal activity of the Bank is to provide banking services within the United States. The Bank also has loan production offices. The Company also has an investment in Coastal Banking Company Statutory Trust I (Trust I) and Coastal Banking Company Statutory Trust II (Trust II). Trust I and Trust II are special purpose subsidiaries organized for the sole purpose of issuing trust preferred securities. The Company operates through Lowcountry National Bank in South Carolina. The Company’s acquisition, First National Bank of Nassau County, opened a residential mortgage banking division to complement the existing retail residential mortgage lending activity conducted through other branch locations. This division originates loans and funds residential mortgage loans submitted by mortgage brokers, as well as loan applications submitted directly from borrowers, and then resells these mortgage loans in the secondary market.