north carolina

SBA's biggest lender is overhauling its business model

12/14/18

Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.

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FDIC clears path for North Carolina de novo bank

12/06/18

Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner.

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High-profile exec to leave Live Oak in North Carolina

11/21/18

Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.

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First Citizens adding branches in South Florida with Biscayne acquisition

11/16/18

The North Carolina regional bank will gain four locations and $834 million in loans.

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N.C. de novo effort closes in on initial capital goal

11/13/18

Organizers of Community Bank of the Carolinas in Winston-Salem have raised $18 million. The group has to bring in at least $25 million.

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Blue Ridge Bankshares hires CEO for N.C. bank

11/07/18

The Virginia company said that Carolina State Bank is on pace to open later this month.

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Live Oak in N.C. to sell niche funeral business

11/01/18

Argent Financial Group will buy Live Oak's pre-need funeral trust business in a deal set to close later this year.

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Invest in digital or move aside: One CEO’s warning to small banks

10/23/18

Frank Sorrentino, CEO of ConnectOne, says bankers who are unwilling, or unable, to invest in technology upgrades may have to find buyers as competition heats up.

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Expense control, balance sheet management fuel BB&T's earnings

10/18/18

The North Carolina company reported slightly lower costs and a stable net interest margin in the third quarter.

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BB&T makes first fintech foray in bid to boost digital banking

09/18/18

Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.

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