The founder and chairman of Little Bank (LTLB) in Kinston, N.C., has died.
The $309 million-asset company said in a press release Monday that Felix Harvey, 93, died on Jan. 2. He founded two North Carolina banks during his career: Kinston-based First Financial Bank, which was sold to BB&T (BBT) in 1993, and Little Bank, which he co-founded with his son-in-law, Lee Burrows, in 1998.
Harvey "was especially good at cultivating people," Little Bank Chief Executive Rob Jones said in the release. "Recruiting, motivating and developing his own employees were among his greatest strengths."
Harvey served as a director of Bank of America (BAC) predecessor North Carolina National Bank in the 1970s and 1980s.
Little Bank has six branches in North Carolina, according to the Federal Deposit Insurance Corp.