Exhibit 10.3


                       AMENDMENT TO STOCK ESCROW AGREEMENT

     AMENDMENT   TO  STOCK  ESCROW   AGREEMENT,   dated  as  of  April  7,  2005
("Amendment"),  by and among COASTAL  BANCSHARES  ACQUISITION  CORP., a Delaware
corporation ("Company"),  CARY M. GROSSMAN, COASTAL ACQUISITION,  LLC, W. DONALD
BRUNSON,  SCOTT CLINGAN,  JEFFREY P. SANGALIS, and FRED S. ZEIDMAN (collectively
"Initial  Stockholders"),  LAWRENCE  FISHER  ("Fisher")  and  CONTINENTAL  STOCK
TRANSFER & TRUST COMPANY ("Escrow Agent").

     WHEREAS,  the Company,  the Initial  Stockholders and the Escrow Agent have
previously  entered into a Stock Escrow Agreement,  dated February 18, 2005 (the
"Stock Escrow Agreement"),  pursuant to which the Initial Stockholders agreed as
a condition of the sale of the units in the Company's  initial public  offering,
to deposit  their shares of common stock of the Company,  as set forth  opposite
their  respective  names in Exhibit A  attached  thereto  (collectively  "Escrow
Shares");

     WHEREAS, Fred S. Zeidman has resigned as a member of the Board of Directors
of the  Company,  effective  of even date  herewith,  and agreed to forfeit  his
ownership of the Escrow Shares;

     WHEREAS,  Fisher has been  elected by the Board of Directors of the Company
to fill the  vacancy  created  by the  resignation  of  Zeidman  and  Fisher has
accepted  and  agreed  to serve as a member  of the  Board of  Directors  of the
Company;

     WHEREAS, the Company has agreed to grant 40,000 restricted shares of common
stock of the Company to Fisher (the "Restricted Stock");

     WHEREAS,   I-Bankers  Securities   Incorporated  and  Newbridge  Securities
Corporation,  the  representatives  of the underwriters in the Company's initial
public  offering,  have  consented to the  resignation  of Fred S. Zeidman,  the
election of Fisher and the issuance of the Restricted Stock;

     WHEREAS, the Company, the Initial Stockholders, Fisher and the Escrow Agent
hereby agree to amend the Escrow Agreement as follows:

     NOW, THEREFORE, in consideration of the mutual covenants and agreements set
forth  herein,  and for other good and valuable  consideration,  the receipt and
sufficiency  of which are  hereby  acknowledged,  the  parties  hereto  agree as
follows:

1.   Defined Terms.  Unless  otherwise  defined herein,  capitalized  terms used
     herein  shall  have the  meanings,  if any,  assigned  to them in the Stock
     Escrow Agreement.

2.   Acceptance of Stock Escrow  Agreement.  Fisher does hereby accept and agree
     to be  bound  by  all of the  terms  and  conditions  of the  Stock  Escrow
     Agreement.

<PAGE>


3.   Amendment of Exhibit A.  Exhibit A to the Stock Escrow  Agreement is hereby
     amended to reflect  (i) the  removal of Zeidman as an Initial  Stockholder,
     (ii) the  admission  of  Fisher  as an  Initial  Stockholder  and (iii) the
     issuance of 40,000 restricted shares of common stock to Fisher.

4.   Ratification  of the  Registration  Rights  Agreement.  Except as specified
     hereinabove,  all other terms and provisions of the Stock Escrow  Agreement
     shall remain unchanged and are hereby ratified and confirmed.

5.   Facsimile;  Counterparts.  This  Amendment may be executed in any number of
     counterparts,  each of which shall be deemed an  original  and all of which
     counterparts  together shall  constitute one agreement with the same effect
     as if the parties had signed the same signature page.

6.   Headings.  The titles to the sections of this  Amendment are solely for the
     convenience of the parties and shall not be used to explain,  modify aid in
     the interpretation of the provisions of this Amendment.







<PAGE>

WITNESS the execution of this Agreement as of the date first above written.


                                     COASTAL BANCSHARES ACQUISITION CORP.



                                     By:  /s/ Cary M. Grossman
                                          ------------------------------
                                          Cary M. Grossman
                                          Co-Chief Executive Officer


                                     INITIAL STOCKHOLDERS:


                                          /s/ Cary M. Grossman
                                          ------------------------------
                                          Cary M. Grossman


                                          /s/ Cary M. Grossman
                                          ------------------------------
                                          Coastal Acquisition, LLC
                                          By:  Cary M. Grossman, Manager


                                          /s/ W. Donald Brunson
                                          ------------------------------
                                          W. Donald Brunson


                                          /s/ Scott Clingan
                                          ------------------------------
                                          Scott Clingan


                                          /s/ Jeffrey P. Sangalis
                                          ------------------------------
                                          Jeffrey P. Sangalis


                                          /s/ Fred S. Zeidman
                                          ------------------------------
                                          Fred S. Zeidman


                                     FISHER:

                                          /s/ Lawrence Fisher
                                          ------------------------------
                                          Lawrence Fisher


<PAGE>


                                     CONTINENTAL STOCK TRANSFER & TRUST
                                     COMPANY


                                          By:  /s/ Steven Nelson
                                               --------------------------
                                          Name:    Steven Nelson
                                          Title:   President























<PAGE>

<TABLE>
<CAPTION>

                                                        EXHIBIT A

<S>                                                <C>                                <C>
----------------------------------------------------------------------------------------------------------------------
Name and Address of Initial Stockholder            Number of Shares                   Stock Certificate Number
----------------------------------------------------------------------------------------------------------------------

Cary M. Grossman                                        282,500                                   1
9821 Katy Freeway, Suite 500, Houston,
Texas 77024.

----------------------------------------------------------------------------------------------------------------------

Coastal Acquisition, LLC                                300,000                                   2
9821 Katy Freeway, Suite 500, Houston,
Texas 77024.

----------------------------------------------------------------------------------------------------------------------

W. Donald Brunson                                       242,500                                   3
American Prudential Capital, Inc.
13100 Northwest Frwy., Suite 300
Houston, Texas 77040

----------------------------------------------------------------------------------------------------------------------

Scott Clingan                                            85,000                                   4
9821 Katy Freeway, Suite 500
Houston, Texas 77024

----------------------------------------------------------------------------------------------------------------------

Lawrence Fisher                                         40,000                                    7
12 East 64th Street
New York, NY 10021

----------------------------------------------------------------------------------------------------------------------

Jeffrey P. Sangalis                                     50,000                                    6
RSTW Partners
5847 San Felipe, Suite 4350
Houston, TX  77057

----------------------------------------------------------------------------------------------------------------------

</TABLE>