Raleigh, N.C. - North State Bank area market executive Garrie Garrison announced that Kim Frazier has been named vice president and business development officer for North State Bank.
"Kim is a seasoned banker with a strong work ethic and lending skills," said Garrison. "She is sure to be a leader within our bank, and we anticipate great results from Kim."
Frazier began her banking career in 1987, where she worked as an assistant vice president and Commercial Mortgage Banker for Dickinson, Logan, Todd & Barber. She then worked with RBC Centura Bank serving in various roles in both business and consumer banking. She is actively involved in the community, serving on the RDU Airport Authority Board and is also involved with Priority Associates in Raleigh. She is a former board member of Hospice of Wake County. A native of Raleigh, Frazier received a bachelor of arts in political science from Meredith College.
Founded in 2000, North State is a full-service community bank, serving Wake County through five offices: the headquarters and full-service office at North Hills on Six Forks Road, full-service offices on Falls of Neuse Road in Raleigh, Blue Ridge Road in West Raleigh, and Highway 70 West in Garner, as well as the loan production office at Wakefield Corporate Center in Wake Forest, NC.
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North State Bancorp is listed on the OTC electronic bulletin board under the symbol "NSBC."
www.northstatebank.com
The information as of and for the quarter and year ended December 31, 2005 as presented is unaudited. This news release contains forward-looking statements. The actual results might differ materially from those projected in the forward-looking statements for various reasons, including our ability to manage growth, our limited operating history, substantial changes in financial markets, regulatory changes, changes in interest rates, loss of deposits and loan demand to other savings and financial institutions, and changes in real estate values and the real estate market. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Company's SEC filings, including its periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from the Company.
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