Banking
United Bank announces earnings
Oct. 28. United Bankshares reported earnings for the third quarter of 2024 of $95.3 million, or $0.70 per diluted share. Third quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.28%, 7.72%, and 12.59%, respectively. Quotable “We are excited to announce this quarter’s earnings,” […]
Dave Cable awarded Order of the Long Leaf Pine
Oct. 2. Dave Cable has received the state’s most prestigious award for his service to the local community and North Carolina. It was given on behalf of Gov. Roy Cooper by NC Sen. Natasha Marcus at a surprise luncheon in Davidson. Quotable “This award means the world to me. Let me say how much I […]
New mortgage VP at Peoples
Sept. 17. Dennis Cowardin will become Vice President/Mortgage Sales Manager at Peoples Bank, upon the retirement of Kevin Brady in December 2024. Cowardin has previously served in high-level financial roles, successfully leading top-producing sales teams. He was the Mooresville-South Iredell Chamber of Commerce Citizen of the Year in 2016. Cowardin also co-founded the Falconer Foundation, […]
New manager at Peoples Bank in Huntersville
Aug. 16. Suzanne Hartley has joined Peoples Bank in Huntersville location as Business Center Manager. She began with Peoples Bank in 2015, serving in various service-oriented roles, becoming the Business Center Manager for the Mooresville location in January 2023.
New CEO at Peoples Bancorp
Aug. 1.Bill Cable will be the new president and CEO of Peoples Bancorp of North Carolina effective Sept. 19, in advance of the retirement of Lance Sellers in early 2025. Cable joined Peoples Bank in 1995 and has served in several executive positions including COO responsible for executing strategy across the organization. The Western Carolina […]
United Bankshares reports second-quarter earnings
July 25. United Bankshares reported earnings for the second quarter of 2024 of $96.5 million, or $0.71 per diluted share. Second-quarter results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.32%, 7.99% and 13.12%, respectively. Quotable “UBSI continues to consistently deliver exceptional results,” stated Richard M. Adams, […]
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.
