Company News

News Release
For more information, contact:
Phil Whittington, Senior Vice President
and Wilmington Market Executive
910.509.0400

HEALY NAMED ASSISTANT VICE PRESIDENT AND BUSINESS DEVELOPMENT OFFICER FOR NORTH STATE BANK

January 24, 2008

Wilmington, N.C. – North State Bank senior vice president and Wilmington market executive Phil Whittington announced that Heather Healy has been named assistant vice president and business development officer for North State Bank.

“Heather brings a lot of experience and enthusiasm to our bank,” said Whittington. “She knows the Wilmington market well, and is actively involved in the community. I know that Heather will contribute much to our deposit growth in the Wilmington market.”

Healy is a native of Wilmington, North Carolina, and earned a bachelor of arts degree in business administration, with a minor in human resources from Peace College in Raleigh. She comes to North State from Coastal Federal Bank, where she served as business banking officer. Actively involved in the community, Healy is a member of The Business and Professional Women’s Network as well as Excellence in Business- a local networking group.

Founded in 2000, North State Bank is a full-service community bank, serving Wake and New Hanover counties through seven full-service offices. The new Wilmington office opened in January and is located at 1411 Commonwealth Drive, at the corner of Eastwood Road and Military Cutoff Road.

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North State Bancorp is listed on the OTC electronic bulletin board under the symbol "NSBC."

www.northstatebank.com

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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