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United Community Banks, Inc. reports EPS of $0.55 and ROA of 1.44% for Q1 2019

 

United Community Banks, Inc. (NASDAQ: UCBI) (“United”) announced its first quarter financial results, including solid year-over-year loan and deposit growth, improved operating efficiency and continued strong asset quality. Reported diluted earnings per share were $0.55, an increase of $0.08 or 17% from a year ago. Excluding merger-related and other charges, diluted operating earnings per share…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

United Community Bank names John Golding head of Commercial Banking Solutions

 

United Community Bank announced veteran commercial banker John Golding as its new Head of Commercial Banking Solutions (CBS). Golding has more than 25 years of industry experience offering customer-focused solutions to businesses ranging from small to global scale. He has earned a reputation for providing the most relevant financial solutions to businesses, while consistently creating…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

United Community Bank names John Golding head of Commercial Banking Solutions

 

United Community Bank announced veteran commercial banker John Golding as its new Head of Commercial Banking Solutions (CBS). Golding has more than 25 years of industry experience offering customer-focused solutions to businesses ranging from small to global scale. He has earned a reputation for providing the most relevant financial solutions to businesses, while consistently creating…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

Southern First results for the first quarter of 2019

 

Southern First Bancshares, Inc., holding company for Southern First Bank, today reported net income available to common shareholders of $6.0 million, or $0.78 per diluted share, for the first quarter of 2019. In comparison, net income available to common shareholders was $5.2 million, or $0.67 per diluted share, for the first quarter of 2018. 2019…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

CresCom Bank introduces Sharon Snyder as assistant vice president and manager of Upstate Loan Servicing

 

CresCom Bank, the second largest community bank in North and South Carolina,  announced Sharon Snyder as Manager of the Upstate Loan Servicing Department. In her new position at CresCom Bank, Snyder will oversee the day-to-day operational programs, policies, procedures and sales while ensuring a high level of customer care. She holds a Bachelor’s Degree in Business…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Poor Planning Could Lead To 5 Big Retirement Problems

 

By Chris Hobart   Ideally, retirement is a time someone anticipates eagerly – a reward for a lifetime of hard work and solid financial planning. But nearly half of workers who haven’t reached retirement yet aren’t that excited about the so-called golden years. In fact, they have big concerns. . A Gallup poll showed 46…

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Posted in: midlandsbiz   Category: banking-and-finance, life

State Treasurer’s Office facilitates $30 million master lease for MUSC

 

Funding will support facility upgrades to improve energy efficiency throughout campus The State Treasurer’s Office recently worked with the Medical University of South Carolina to secure affordable financing through the state’s Master Lease Program for energy conservation improvements throughout its Charleston campus. The $30 million MUSC deal was the largest master lease to date, with…

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Posted in: lowcountrybizsc, midlandsbiz   Category: banking-and-finance, government, on-the-move

First Community Corporation announces first quarter results and cash dividend

 

First Community Corporation (Nasdaq:  FCCO), the holding company for First Community Bank, reported net income for the first quarter of 2019 of $2.50 million as compared to $2.71 million in the first quarter of 2018.  Diluted earnings per common share were $0.32 for the first quarter of 2019 as compared to $0.35 for the first quarter of 2018. Highlights Net income of $2.5…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Countybank welcomes new hire to commercial team

 

Tony Lawton joins Countybank as Commercial Relationship Manager Countybank welcomed Tony Lawton as Commercial Relationship Manager in the Upstate area. Lawton comes to Countybank with more than 30 years of experience in commercial lending across the Upstate and along the South Carolina coast. Lawton holds a Bachelor’s degree in Business Administration and Management from Newberry…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Nachman Norwood & Parrott names Angela Sheppard Chief Compliance Officer

 

Nachman Norwood & Parrott (NNP), an independent wealth management consultancy, recently promoted Angela Sheppard to the role of Chief Compliance Officer (CCO).   As CCO, Sheppard is responsible for developing, implementing and monitoring the compliance policies and procedures for the firm.  Additionally, Sheppard will oversee all trading and manage the online client portal.  “During her long…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move