Charles Towne Mortgage

Southcoast Financial Corporation, headquartered in Mt. Pleasant, South Carolina, is the holding firm of Southcoast Community Bank. The Bank, which opened for business July 20, 1998, is a state chartered commercial bank operating from its main office at 534 Johnnie Dodds Boulevard in Mt. Pleasant, SC. Southcoast is a locally owned and run business and has been recognized as one of the top 25 fastest growing firms in South Carolina. Southcoast Financial Corporation's common stock trades on NASDAQ under the symbol SOCB.