In only its second year, event nets $115,000 bringing the two-year total to $215,000.
Raleigh, NC. . . North State Bank's Summer Salute for Hospice of Wake County contributed $115,000 to Hospice of Wake County, announced Larry D. Barbour, president and CEO for North State Bank.
"There are so many stories of how Hospice has helped people in our community," commented Barbour. "Several of our Bank employees have benefited from their services and I have had a personal experience. This year's we raised 15% more than last year-and plans are already underway for the event in 2006. We thank all those who contributed their time, talents, and finances to such a great cause."
The event was held at North Ridge Country Club in Raleigh and featured music by The Embers. Contributions were raised through ticket sales, sponsorships, a raffle, an auction, and donations.
Hospice will use the funds to support their indigent care programs and the Reflections Program for Children. Indigent care programs help those who either have no insurance or whose insurance coverage does not include hospice services. The Reflections Program is Wake County's only professional program that assists children and teens (from birth to age 21), as well as their families, with grief following the loss of a loved one.
Other Summer Salute sponsors included Barton Development Group, Professional Property Management (PPM), Red Star Oil Co., StrategiCommunication, and Wake Nephrology Associates. Next year's event will be held Saturday, June 3, 2006, at North Ridge Country Club.
North State Bank is a community bank committed to serving Wake County. Currently, the Bank has five offices: full-service offices on Falls of Neuse in North Raleigh, on Blue Ridge Road in West Raleigh, on Highway 70 West in Garner, as well as a new banking office and headquarters at the North Hills on Six Forks Road in Raleigh. Near Wake Forest, the Bank has a loan production office in the Wakefield Corporate Center, with plans for a full-service office in the near future.
Hospice of Wake County has provided compassionate end of life care to the people of Wake County for 26 years. The largest and most experienced private, non-profit hospice agency in the area, Hospice strives to promote and improve the community's quality of living and dying through advanced care planning, comfort care, hospice care, and bereavement services. Hospice's philosophy is that every individual deserves the quality of life that he or she wants near life's end.
###
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 ended June 30, 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.
(back)
