UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

______________

FORM 8-K

~~CURRENT REPORT PURSUANT~~______________

TOCURRENT ~~SECTION 13 OR 15(D) OF THE~~REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) March 3 17, 2011

______________

Coastal Banking Company, Inc.

(Exact name of registrant as specified in its charter)

~~South Carolina~~______________

(State or other jurisdiction of incorporation)


South Carolina	000-28333	58-2455445
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

000-28333		58-2455445
(Commission File Number)		(IRS Employer Identification No.)

36 Sea Island Parkway, Beaufort, South Carolina 29907

36 Sea Island Parkway, Beaufort, South Carolina		29902
(Address of principal executive offices)		(Zip Code)

(Address of principal executive offices) (Zip Code)

(843) 522-1228

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2 .02. Results of Operations and Financial Condition

~~Item~~On March 517, 2011, Coastal Banking Company, Inc.~~02. Departure~~ ofissued ~~Directors~~a orpress ~~Certain~~release ~~Officers;~~reporting ~~Election~~information ofregarding ~~Directors;~~its ~~Appointment~~results of ~~Certain~~operations ~~Officers;~~for ~~Compensatory~~the ~~Arrangements~~year and fiscal quarter ended December 31, 2010. A copy of ~~Certain~~the ~~Officers~~press release is attached as an exhibit to this report.

~~On Thursday, March 3, 2011, Mr~~Item 9. ~~Dennis O~~01. Financial ~~Green~~Statements ~~submitted his resignation as a director of Coastal Banking Company, Inc. (the “Company”)~~ and ~~its subsidiary, CBC National Bank (the “Bank”), effective immediately. Mr. Green has advised us that his resignation was not due to any disagreement with the Company.~~ Exhibits


(d)	Exhibits


No.		Description
99.1		Press Release dated March 17, 2011 reporting results of operations for the year and fiscal quarter ended December 31, 2010

The information furnished in the attached press release shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	COASTAL BANKING COMPANY, INC.
Dated: March 10, 2011	By:	/s/ Michael G. Sanchez
		Michael G. Sanchez
		President and Chief Executive Officer


	COASTAL BANKING COMPANY, INC.


	By:	/s/ Paul R. Garrigues
		Paul R. Garrigues Chief Financial Officer
		Paul R. Garrigues Chief Financial Officer

3Date: March 17, 2011

EXHIBIT INDEX


No.		Description
99.1		Press Release dated March 17, 2011 reporting results of operations for the year and fiscal quarter ended December 31, 2010

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