United Community Banks, Inc. announces first quarter earnings
April 26, 2018
Earnings per diluted share up 42 percent to 47 cents from first quarter 2017 Excluding merger-related and other non-operating charges, diluted operating earnings per share up 28 percent, to 50 cents…
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Southern First reports results for first quarter of 2018
April 24, 2018Greenville, SC – Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $5.2 million, or $0.67 per diluted share, for…
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Southern First reports results for first quarter of 2018
April 24, 2018
Greenville, SC – Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $5.2 million, or $0.67 per diluted share, for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Elizabeth Burwell named leader for Wells Fargo’s Business Banking Team in Charleston
April 17, 2018
15-year industry veteran named Business Banking Manager Growing its presence in Charleston and the Lowcountry is part of Wells Fargo’s ongoing strategy to expand its Business Banking Group (BBG) presence…
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Southern First Bank expands to Greensboro/Triad market
April 17, 2018Joe DePasquale, Melissa Beane and Justin Combs Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Greensboro, North Carolina and the greater Triad…
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Southern First Bank expands to Greensboro/Triad market
April 17, 2018Joe DePasquale, Melissa Beane and Justin Combs Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Greensboro, North Carolina and the greater Triad…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Bank of South Carolina Corporation announces first quarter earnings & dividend
April 11, 2018The Bank of South Carolina Corporation, announced earnings of $1,612,230 or $0.32 basic and diluted per share for the quarter ended March 31, 2018 – an increase of 31.49% from earnings for the quarter ended March 31,…
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Bank of South Carolina Corporation announces first quarter earnings & dividend
April 11, 2018The Bank of South Carolina Corporation, announced earnings of $1,612,230 or $0.32 basic and diluted per share for the quarter ended March 31, 2018 – an increase of 31.49% from earnings for the quarter ended March 31,…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Home Works of America receives $50,000 from Wells Fargo
April 10, 2018
Home Works of America is pleased to announce a $50,000 investment from Wells Fargo, which will enable the continued expansion of the organization’s mission across South Carolina. Home Works of America provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, non-profit, on-the-move
Home Works of America receives $50,000 from Wells Fargo
April 10, 2018
Home Works of America is pleased to announce a $50,000 investment from Wells Fargo, which will enable the continued expansion of the organization’s mission across South Carolina. Home Works of America provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, non-profit, on-the-move
United Community Banks, Inc. announces CEO succession plan
April 2, 2018
United Community Banks, Inc. announced that, after almost 35 years of service, its Chief Executive Officer, Jimmy Tallent, will retire from his current position effective June 30, 2018. Mr. Tallent will…
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TD launches The Ready Commitment to open doors for an inclusive tomorrow
March 29, 2018
TD launched The Ready Commitment, a new multi-year program to help individuals and communities prosper. As part of The Ready Commitment, TD will target CDN $1 billion (US $775 million)…
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First Reliance Bank names Ben Brazell President of South Carolina
March 27, 2018Rapidly growing First Reliance Bank promotes one of its top executives to the position of President of South Carolina. Banking executive Ben Brazell has been promoted to the role of…
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First Reliance Bank names Ben Brazell President of South Carolina
March 27, 2018
Rapidly growing First Reliance Bank promotes one of its top executives to the position of President of South Carolina. Banking executive Ben Brazell has been promoted to the role of…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Santee Cooper approves $3 million industrial development loan to benefit Oconee County
March 21, 2018
Santee Cooper has approved a $3 million loan to the Oconee Economic Alliance (OEA) for a 50,000-square-foot industrial speculative building to help Oconee County attract new businesses and jobs. The…
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Wells Fargo names new relationship managers in Charleston Business Banking Group
March 20, 2018
Dedicated to serving the financial needs of its Business Banking Group (BBG) customers in Charleston, Wells Fargo & Company (NYSE: WFC) recently announced that Dita Meholli-Brown and Dan Zuar…
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NAIFA-SC President-Elect Evelyn Butler of Greenville receives LACP designation
March 19, 2018
The National Association of Insurance and Financial Advisors (NAIFA-SC) announced that NAIFA-SC President-Elect, Evelyn Butler, LUTCF, CLTC, has received the NAIFA national Life and Annuity Certified Professional (LACP) certification. The LACP certification recognizes highly…
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United Community Bank expands Myrtle Beach team with Lynn Kornita and Cathy Turner
March 7, 2018
United Community Bank announced the continued expansion of its team in Myrtle Beach, with the recent addition of veteran bankers Lynn Kornita and Cathy Turner. Both women will work closely…
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The Capital Corporation advises THG Corporation on its sale to KLX, Inc.
March 7, 2018Transaction: The Capital Corporation announced the sale of THG Corporation (“THG”, headquartered in Northborough, Massachusetts) to KLX, Inc. (“KLX”, headquartered in Wellington, Florida). THG is one of the premier “Tri-Technology”…
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The Capital Corporation advises THG Corporation on its sale to KLX, Inc.
March 7, 2018
Transaction: The Capital Corporation announced the sale of THG Corporation (“THG”, headquartered in Northborough, Massachusetts) to KLX, Inc. (“KLX”, headquartered in Wellington, Florida). THG is one of the premier “Tri-Technology”…
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Bank of America pledges $600,000 to support the International African American Museum
February 28, 2018
Bank of America will contribute $600,000 to support the International African American Museum (IAAM). “Bank of America’s leadership investment is catalytic at this crucial juncture as we approach our planned…
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BCDCOG revolving loan fund grows jobs, local economy
February 20, 2018A more than quarter-million dollar loan made by the Berkeley-Charleston-Dorchester Council of Governments Revolving Loan Fund has produced 45 local jobs — and was recently paid off by the borrower.…
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CresCom Bank introduces new team members and announces promotions
February 19, 2018
CresCom Bank, a leading community bank in North and South Carolina, promotes and welcomes new team members throughout its North Carolina and South Carolina branches. New team members and promotions include:…
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South State Bank earns National Greenwich Excellence awards
February 16, 2018
South State Bank is pleased to announce that it has earned the 2017 Greenwich Excellence Award in five categories for small business banking. South State received two national awards for…
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South State Bank earns National Greenwich Excellence awards
February 16, 2018
South State Bank is pleased to announce that it has earned the 2017 Greenwich Excellence Award in five categories for small business banking. South State received two national awards for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
CresCom Bank promotes Carmel Dodds to vice president and operations manager
February 14, 2018
CresCom Bank promoted Carmel Dodds to vice president and operations manager of CresCom Bank. As operations manager, Dodds oversees deposit operations, branch operations, electronic banking operations and card services. Dodds joined…
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CresCom Bank announces promotions throughout the Carolinas
February 14, 2018
CresCom Bank promotes team members throughout its North Carolina and South Carolina branches. New team members and promotions include: Charleston, S.C. Bailey Cooper has been promoted to assistant vice president.…
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CresCom Bank welcomes Erik Gray as Commercial Loan Officer and Vice President
February 12, 2018
CresCom Bank, a leading community bank in North and South Carolina, is pleased to introduce Erik Gray as a commercial loan office and vice president. Based at the Wilmington branch, Gray…
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CresCom Bank welcomes Cindy Register as Branch Manager and Assistant Vice President
February 12, 2018
CresCom Bank, a leading community bank in North and South Carolina, is pleased to introduce Cindy Register to the CresCom Bank team as branch manager and assistant vice president. In her…
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United Community Banks, Inc. announces quarterly cash dividend increase
February 11, 2018
United Community Banks, Inc. (NASDAQ:UCBI), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.12 per common share. The dividend is payable April 5,…
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United Community Banks, Inc. announces quarterly cash dividend increase
February 11, 2018
United Community Banks, Inc. (NASDAQ:UCBI), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.12 per common share. The dividend is payable April 5,…
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Wallick Investments’ Fidelis separate account receives 5-star Overall Morningstar RatingTM
February 9, 2018Wallick Investments, LLC’s Fidelis composite received a 5-star Overall Morningstar RatingTM among 398 large-cap value products as of December 31, 2017 – Morningstars’ highest rating for risk-adjusted performance. This is…
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Wallick Investments’ Fidelis separate account receives 5-star Overall Morningstar RatingTM
February 9, 2018
Wallick Investments, LLC’s Fidelis composite received a 5-star Overall Morningstar RatingTM among 398 large-cap value products as of December 31, 2017 – Morningstars’ highest rating for risk-adjusted performance. This is…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Coastal Banking Company Inc. named to OTCQX Best 50
February 5, 2018
Coastal Banking Company Inc. (OTCQX: CBCO) announced it has been named to the 2018 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last…
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Net income grows 31.1 percent at South Atlantic Bancshares, Inc.
January 31, 2018
South Atlantic Bancshares, Inc., parent of South Atlantic Bank, reported net income of $3,414,260 for the year ended December 31, 2017, compared to $2,603,928 for the same period a year…
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S.C. Treasurer Curtis Loftis sets new record in returning unclaimed property
January 31, 2018
State Treasurer Curtis Loftis and the Unclaimed Property Program returned nearly $33 million in 2017, bringing the total amount of money returned during his administration to $137 million, more than…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
S.C. Treasurer Curtis Loftis sets new record in returning unclaimed property
January 30, 2018State Treasurer Curtis Loftis and the Unclaimed Property Program returned nearly $33 million in 2017, bringing the total amount of money returned during his administration to $137 million, more than…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
First Citizens Bank donates $100,000 to International African American Museum
January 29, 2018
First Citizens Bank has donated $100,000 to the International African American Museum (IAAM), which is slated to break ground later this year. For more than a century, First Citizens has…
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Southern First reports results for 2017
January 24, 2018
Southern First Bancshares, Inc. (NASDAQ: SFST) holding company for Southern First Bank, reported net income available to common shareholders of $2.1 million, or $0.27 per diluted share, for the fourth quarter…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First reports results for 2017
January 23, 2018Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $2.1 million, or $0.27 per diluted share, for the fourth quarter…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First reports results for 2017
January 23, 2018
Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $2.1 million, or $0.27 per diluted share, for the fourth quarter…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
South Carolina Treasurer Curtis Loftis launches Diaper Dash Facebook Sweepstakes
January 18, 2018Two Young Future Scholars to Win $529 Savings Plan Contribution Calling all parents of young children: the Future Scholar 529 Savings plan is giving you the opportunity to show off…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
South Carolina Treasurer Curtis Loftis launches Diaper Dash Facebook Sweepstakes
January 18, 2018
Two Young Future Scholars to Win $529 Savings Plan Contribution Calling all parents of young children: the Future Scholar 529 Savings plan is giving you the opportunity to show off…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Alternative Asset Manager Drift Capital changes name to Charleston Capital
January 15, 2018Alternative Asset Manager Drift Capital Partners changed its name to Charleston Capital Management in an effort to pay homage to the firm’s headquarters, the fund manager told investors this week.…
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CresCom Bank introduces new team members throughout S.C.
January 14, 2018
CresCom Bank, a leading community bank in North and South Carolina, introduces Zebeth Fowler, Mary McGrouary and Jennifer Smith to its South Carolina branches. New team members include: Charleston, S.C. Jennifer Smith has…
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CresCom Bank introduces Josh Rush as mortgage loan originator
January 14, 2018
CresCom Bank, a leading community bank in North and South Carolina, is pleased to welcome Josh Rush to the CresCom Bank team as a new mortgage loan originator in the Myrtle…
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United Community Banks and Navitas Credit Corp. announce merger agreement
January 9, 2018
GREENVILLE, SC – United Community Banks, Inc. and NLFC Holdings Corp. announced a definitive agreement for United to acquire NLFC, including its wholly-owned subsidiary, Navitas Credit Corp. Headquartered in Ponte…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, on-the-move
CresCom Bank welcomes David Renaker as commercial loan officer and vice president
January 2, 2018
CresCom Bank, a leading community bank in North and South Carolina, introduced David Renaker as commercial loan officer and vice president for the CresCom branch in Columbia, S.C. In his new…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank introduces David Couey as commercial loan officer and vice president
January 2, 2018
CresCom Bank, a leading community bank in North and South Carolina welcomed David Couey to the CresCom Bank team as the new commercial loan officer and vice president in the Charleston…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
FinTrust releases research report
December 21, 2017FinTrust Investment Advisors has released a new research report entitled ARE STOCKS TOO HIGH TO BUY? A BENJAMIN GRAHAM ANALYSIS OF THE DOW JONES INDUSTRIAL AVERAGE. Partner Allen Gillespie states,…
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