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Bank of the Carolinas (BCAR) in Mocksville, N.C., has significantly increased its number of authorized shares at it looks to meet capital requirements tied to a regulatory order.
June 3 -
BB&T's smaller competitors are convinced the Winston-Salem bank is moving the decision-making on commercial loan applications to its headquarters. They say they've been able to steal customers from BB&T as borrowers are frustrated with the red tape. BB&T's president denies this and says it's as committed to community banking as always.
September 23
Bank of the Carolinas in Mocksville, N.C., appointed Harvey Glick as chairman.
Glick will succeed Francis Slate, who is retiring at the company's annual shareholder meeting in December.
Glick's participation in Bank of the Carolinas' recent $45.8 million capital raise, as well as his 24 years in the banking industry, led the board to hire him as chairman, the $428 million-asset company said in a press release Tuesday.
For the last six years, Glick was president and chief executive of Insight Bank in Worthington, Ohio. He started his banking career in 1980 at State Savings Bank in Columbus, Ohio. Glick then held the chairman and CEO titles at Prospect Bank, also in Columbus, before it was sold to Sky Financial Group 10 years ago; he was an executive vice president at Sky until July 2006.
Glick currently serves on the board of directors of Insignia Bank in Sarasota, Fla. He previously was chairman of the board of Century Bank in Columbus, Ohio, and served as a board member of State Savings Bank of Arizona and Carolina Financial in Charleston, S.C.
Bank of the Carolinas has eight offices throughout North Carolina.
