HCSB Financial in Loris, S.C., has recruited its third executive since completing a key recapitalization.
The $363 million-asset company said in a press release that it had hired Jennifer Harris as its chief financial officer. She succeeded Edward Loher, who will remain in an advisory role through the end of this month.
Harris previously served as vice president of senior accounting and SEC reporting at Park Sterling in Charlotte, N.C. She has also been a manager of SEC financial reporting at Yadkin Financial in Statesville, N.C., before that company was sold to VantageSouth Bancshares. (VantageSouth took Yadkin's name after closing the deal.)
Harris' "financial expertise and banking background will be a great asset to the company's accounting and finance department," Jan Hollar, HCSB's chief executive, said in the release.
Hollar was named HCSB Financial's chief executive in March. Previously she was CFO at Yadkin Financial.
Jack McElveen, a former chief credit officer at Palmetto Bank in Greenville, S.C., was named HCSB's chief credit officer in February.
HCSB completed a $45 million recapitalization in early April, led by the investment firm Castle Creek Capital Partners. Last month it sold about $3 million in stock to existing shareholders and local investors.