Garner, N.C. - North State Bank president and CEO Larry Barbour announced that Chris Bruffey has been named senior vice president for North State Bank
"Over the past four years, Chris has served as vice president and market executive for our Garner office," said Barbour. "He has worked hard to build relationships and gain the trust of our customers in the Garner market. He has also demonstrated a strong sense of leadership as our bank has grown to number three in Garner market share, with just one office. I congratulate Chris, and look forward to more success in Garner."
Bruffey began working for North State Bank in October 2002. Prior to working with North State, he served as assistant vice president and Garner City Executive for Wachovia Bank. A native of Garner, Bruffey is a University of North Carolina at Chapel Hill graduate with a bachelor of science degree in business administration. He is actively involved in the Garner community, serving as secretary of the Garner Rotary Club. Bruffey previously served as chairman of the Garner Chamber of Commerce.
Founded in 2000, North State is a full-service community bank, serving Wake County through five full-service offices and New Hanover County through one loan production office. Plans are being developed for a full-service office to be located at 16 W. Martin Street, Raleigh, NC, where a lease has been signed.
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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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