Banking

This tag is associated with 84 posts

Peoples Bank promotes 3 people

May 21. Newton-based Peoples Bank has promoted three officers: Connie Ollis, a banker for more than 40 years, has been appointed as Senior Vice President, Director of Compliance. Paula Parker has been named Senior Vice President, Retail Sales Manager. She has more than 30 years of experience. Amber Hoyle as Vice President, General Auditor. She […]

United Bankshares first-quarter earnings

April 26. United Bankshares first quarter earnings of this year were $86.8 million, down from $98.3 million during the same period last year. The first quarter of 2024 included $1.8 million of non-interest expense for the Federal Deposit Insurance Corp.’s special assessment levied on banking organizations stemming from revised loss estimates to the deposit insurance […]

ServisFirst announces new mortgage loan officer

March 14. Christy Phillips has joined ServisFirst Bank as a mortgage loan officer in the new ServisFirst branch on Bailey Road, just east of Hwy. 21. She’s the first and sole mortgage loan officer within ServisFirst’s North Carolina offices. Phillips has more than 27 years of banking experience, having worked with mortgage brokers, dealers and […]

New loan officer at Peoples Bank in Mooresville

Feb. 12. Chuck Busse is the new Senior Mortgage Loan Officer at Peoples Bank for the Lake Norman area. His office is located at 163 Plantation Ridge Drive in Mooresville.

United Bank reports earnings

Jan. 26. United Bankshares, Inc. (NASDAQ: UBSI)  today reported earnings for the fourth quarter of 2023 of $79.4 million, or $0.59 per diluted share. Fourth quarter of 2023 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.08%, 6.70% and 11.27%, respectively. United has branches in Denver […]

New business center manager at Peoples in Huntersville

Jan. 9. Diana Richards is the new Business Center Manager in the Huntersville branch of Peoples Bank. Peoples Bank, the wholly-owned subsidiary of Peoples Bancorp of North Carolina Inc., operates 17 banking offices in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties. The Bank also operates loan production offices in […]

United Bankshares reports 3Q earnings

Oct. 25. United Bankshares Inc. reported third-quarter earnings of $96.2 million, or $0.71 per diluted share, as compared to earnings of $92.5 million, or $0.68 per diluted share, for the second quarter of 2023. Earnings for the third quarter of 2022 were $102.6 million, or $0.76 per diluted share. “Third-quarter results saw accelerated growth and […]

United Bankshares announces 2Q earnings

Aug. 1. United Bankshares reported second-quarter earnings of 2023 of $92.5 million, or $0.68 per diluted share, compared to earnings of $98.3 million, or $0.73 per diluted share, for the first quarter of 2023. Earnings for the second quarter of 2022 were $95.6 million, or $0.71 per diluted share. Richard M. Adams, Jr., United’s CEO, […]

Chasing the money: New branch in Mooresville on Williamson Road

Chase opens first branch in Iredell, as expansion in Charlotte region continues

May 11. Three years after entering North Carolina, JPMorgan Chase & Co. is dipping its toes in the Iredell County market. The largest U.S. financial institution by total assets—$3.38 trillion—Chase has opened a 3,352 square foot branch at 185 Williamson Road, not far from the Brawley School peninsula and Lake Norman. The state-of-the-art branch with […]

Jeanne Jordan new senior VP at ServisFirst

May 9.  Jeanne Jordan is the new senior vice president/commercial banking officer at ServisFirst Bank, the full service commercial bank coming to Cornelius later this year. She has 17 years of banking experience, having been regional sales leader/senior vice president for United Community Bank in the Charlotte, Lake Norman and Wilmington areas. She played an […]