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Coastal Banking Company Inc. Named to 2015 OTCQX Best 50

BEAUFORT, SC / ACCESSWIRE / May 13, 2015 / Coastal Banking Company Inc. (OTCQX: CBCO) is pleased to announce it has been named to the 2015 OTCQX(R) Best 50, a ranking of 50 top-performing companies traded on the OTCQX Best Marketplace last year.

The OTCQX Best 50 is the first-ever annual ranking of strongly performing U.S. and international companies traded on the OTCQX marketplace. The ranking is calculated based on an equal weighting of one-year share price performance and average daily dollar volume growth in the previous calendar year. All companies in the 2015 OTCQX Best 50 were traded on OTCQX on December 31, 2014.

“We are gratified to be named to the 2015 OTCQX(R) Best 50,” said Michael G. Sanchez, chief executive officer. “This distinction is a testament to the performance of our company, and our people, in delivering strong operating results over the past year. The increased exposure gained from trading on the OTCQX marketplace, combined with the improved liquidity and price stability of our stock, along with our strong, steady earnings, continue to benefit our shareholders.”

For the complete 2015 OTCQX Best 50 ranking, visit http://www.otcmarkets.com/content/doc/2015-OTCQX-Best-50.pdf.

The OTCQX Best Marketplace offers the best informed and most efficient trading for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, demonstrate compliance with U.S. securities laws, be current in their disclosure and be sponsored by a professional third-party advisor. OTCQX companies are distinguished by the excellence of their operations and diligence with which they convey their qualifications.

About Coastal Banking Company Inc.

Coastal Banking Company Inc. is the $513.3 million-asset bank holding company of CBC National Bank, headquartered in Fernandina Beach, Fla., which provides a full range of consumer and business banking services through full-service banking offices in Beaufort, S.C., Fernandina Beach, and Port Royal, S.C. The company’s residential mortgage banking division, headquartered in Atlanta, includes an Internet-based retail mortgage operation, as well as a National Retail Group that has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. The company’s Small Business Administration lending division originates SBA loans primarily in Jacksonville, Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., and Beaufort. The company’s common stock is publicly traded on the OTCQX Markets under the symbol CBCO.

Media Contact:

Paul R. Garrigues
Chief Financial Officer
Coastal Banking Company Inc.
904-491-9833

Michael G. Sanchez
Chief Executive Officer
Coastal Banking Company Inc.
904-321-0400

SOURCE: Coastal Banking Company Inc.

ReleaseID: 428800

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