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Coastal Carolina Bancshares, Inc. received an amended Schedule 13G/A showing that The Banc Funds Company, L.L.C., doing business as 1st and Main Growth Partners, reports beneficial ownership of its common stock. The filer reports ownership of 466,771 shares, representing 6.2% of the common stock.
The Banc Funds Company has sole power to vote and dispose of these 466,771 shares, with no shared voting or dispositive power. The filing is made jointly with several affiliated limited partnerships, though Banc Fund IX L.P. and TBFC Financial Technologies Fund L.P. report no current beneficial ownership. The filer certifies the stake is held not for the purpose of changing or influencing control of the issuer.