For Carolina State Bank shareholders, a year was worth the wait-and another $8.1 million.

The bank, in Shelby, N.C., was ready to sell last July until its suitor, Granite Falls-based Bank of Granite, pulled out of the deal. Bank of Granite had planned to pay $30.2 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.