Coastal Carolina Bancshares agrees all-stock merger with Beacon Holding Company

COASTAL CAROLINA BANCSHARES INC

COASTAL CAROLINA BANCSHARES INC

CCNB

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  • Coastal Carolina Bancshares will combine with Beacon Holding in an all-stock deal, creating a South Carolina community bank group with about $2.2 billion assets.
  • Beacon shareholders will receive 0.736 shares of Coastal stock per share; closing is expected in Q3 or Q4 2026.
  • The holding company will keep the Coastal Carolina Bancshares name and CCNB ticker; the bank is set to rebrand as Beacon Bank, N.A. in early 2027.
  • The combined company will be headquartered in Charleston; the bank will be headquartered in Myrtle Beach.
  • Laurence S. Bolchoz will remain CEO; Brooks A. Melton is slated to become chief risk officer on the executive team.


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