Coastal Carolina Bancshares completes merger with Beacon Holding Company
CCNB•Coastal Carolina Bancshares completed its merger of equals with Beacon Holding, with Coastal as the surviving company. The combined company has about $2.3 billion in assets, $2 billion in deposits and $1.8 billion in loans across 16 branches and a loan production office.
1. Merger completed
Beacon merged into Coastal Carolina Bancshares, which will continue trading as CCNB. Beacon branches will operate as “Beacon Community Bank, a division of Coastal Carolina National Bank.”
2. Systems and footprint
Core systems conversion is slated for early 2027, followed by rebranding as Beacon Bank, N.A. The combined footprint includes 16 branches and a loan production office across the coastal Carolinas and South Carolina’s Upstate.
