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First Carolina State Bank


Timothy N. Taylor, President & CEO

Given the current market, what prompted First Carolina State Bank to expand into Reidsville and Greenville, North Carolina?

While the current times are indeed challenging, the management and directors of First Carolina State Bank have faith in the resilience of the North Carolina economy. Regardless of the short-term economic volatility, we are confident that our markets will thrive in the long run. We are working tirelessly to make this happen.

The bank leveraged one of our executive’s decades of business development experience when he helped us enter Greenville via a loan production office at minimal cost to the bank. In a very short period of time, the office has built a profitable commercial loan portfolio. Our plan is to convert this office into a fullservice branch with a private banking feel.

In Reidsville, the loss of a few key community banks through mergers and acquisitions left this proud community without a bank with a hometown feel. Along with the efforts of our team in Reidsville, more than 300 local people purchased stock in First Carolina State Bank. This allowed our bank to provide the necessary capital to launch Reidsville Community Bank, a division of First Carolina State Bank, near the end of 2008.

For any building to stand the test of time, it must begin with a strong foundation followed by well planned, solidly constructed additions. First Carolina State Bank’s expansion into Greenville and Reidsville exhibit these attributes. Our employees and directors will reinforce our future development with a strong work ethic and a relentless focus on serving our customers.

— Timothy N. Taylor, President & CEO

  Board of Directors
 
  Samuel E. Anderson
Commercial Agent
Fountain Roberson & Anderson
  Peggy M. Braswell
Retired
  Richard C. Davenport
President
Calvin Davenport, Inc.
  Kathe M. Henke
Retired
  Bruce D. Jones
President, Southeast Region
Capitol Bancorp Limited
  W. H. Kimball
Retired Vice President of Sales
Kenan Transport
  Thomas W. King
Attorney at Law
  David A. Parker
Retired
  James E. Rabil
President
Chambliss & Rabil Contractors, Inc.
  James R. Rose Jr.
Executive Vice President
First Carolina State Bank
  Charles D. Smith
President
First Carolina Communications, Inc
  Randall C. Stewart, DPT
President & Physical Therapist
Carolina Physical Therapy
Contractors, Inc.
  Timothy N. Taylor
President & CEO
First Carolina State Bank
Officers
 
Randall C. Stewart
Chairman
David A. Parker
Vice Chairman
Timothy N. Taylor
President & CEO
Kathe M. Henke
Secretary
James R. Rose Jr.
Executive Vice President
William M. Griffith
Senior Vice President
William D. Edgar Jr.
Vice President
John R. Johnson
Vice President
Ella J. Pass
Vice President
Rebecca S. Price
Vice President
Beverley Riley
Vice President
Edward G. Taylor
Vice President