Coastal Carolina Bancshares, Inc. reported unaudited financial results for the first quarter of 2020. The Company reported net income of $762,734 or 0.12 cents per basic share for the quarter ended March 31, 2020, compared to $486,898 or 0.08 cents per share, for the same period ended March 31, 2019. Net interest income increased 16% to $3.9 million for the quarter ended March 31, 2020, compared to $3.3 million for the prior year's first quarter ended March 31, 2019.