Raleigh, NC…Thomas J. Micchia has been named senior mortgage loan officer for North State Bank in Wake Forest, announced Larry D. Barbour, president and CEO of the Bank.
"Tom brings tremendous experience and market knowledge to this position," said Barbour, "We are in the process of expanding our presence in Wake Forest, and Tom will be an asset to our team and a valuable resource for our customers."
Micchia has 11 years of banking experience, with more than half spent in the Wake Forest/Wakefield area. Most recently, he worked with SunTrust Bank (formerly Central Carolina Bank) as a mortgage loan officer. While there he received the Rising Star Award and was part of the President's Club for outstanding sales. In the community, he has been involved with the Franklin County Home Builders, Kiwanis, and Wake Forest Chamber of Commerce. He holds a business administration degree from Westminster College. A native of Pennsylvania, he and his wife, Twila, live in Wake Forest with their daughter Avery Lynne.
Founded in 2000, North State Bank is a full service community bank, currently serving Wake County through five offices: a headquarters and new banking office at North Hills in Raleigh, full-service offices on Falls of Neuse Road and Blue Ridge Road in Raleigh, a full-service office on Highway 70 West in Garner, and a loan production office at Wakefield Corporate Center in Wake Forest. North State Bancorp, the holding company for North State Bank, ended first quarter 2005 with $322 million in assets.
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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 ended March 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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