John Q. Adams appointed to Chairman of the Audit Committee. Mr. Adams succeeds James C. Key, an 18-year veteran of the board and former chairman of the audit committee. Jim passed away on June 2nd, 2017.
"John's financial and industry expertise combined with his past audit experience make him an excellent choice to chair the audit committee," said Michael Sanchez, Chairman & CEO of Coastal Banking Company, Inc. "We look forward to his contributions in this important role."
John Q. Adams II, 53, Class III Director, is one of two directors appointed to the Board of Directors in 2016, upon consummation of the merger of April 2016 merger of First Avenue National Bank ("First Avenue") with and into CBC National Bank. Mr. Adams was a founding director of First Avenue and served as its chairman for four years. He also chaired the First Avenue Audit, Loan and Executive Committees and served on the Asset-Liability Committee (ALCO) from First Avenue's inception through the merger. Mr. Adams is a licensed certified public accountant practicing in Florida and is the owner/principal of the public accounting firm of Adams & Company, P.A. In 1994, he graduated with a master's degree in accountancy from the University of Central Florida and completed the CPA exam. He is a longtime member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. Mr. Adams has a long history of community leadership, serving on several boards, including The Arnette House and the Marion County Family YMCA.
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