News

North State Bank and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) have committed $1 million in grant funding to support Raleigh Rescue Mission’s “The Garden,” a new 101-room residential campus in Knightdale, North Carolina, serving situationally homeless women and children.

North State Bank promoted Emily Molgaard to commercial loan portfolio manager for its West Raleigh office, announced Amanda M. Lloyd, executive vice president and chief people officer. In this position, Molgaard will help businesses along the burgeoning Blue Ridge Corridor access the funding they need to grow and expand.

North State Bank named Jonathan Racine as assistant vice president and relationship banking manager for its Downtown Raleigh office, announced Amanda M. Lloyd, executive vice president and chief people officer. In this position, Racine will develop and enhance loan and deposit relationships with existing and prospective customers and also will oversee office operations. 

In its 21^st year, North State Bank’s Summer Salute for Transitions LifeCare raised $115,000, bringing the event’s lifetime donation to over $2.4 million. Funds are raised through sponsorships, ticket sales, raffles, live and silent auctions, and donations.

Ryan Fricke has joined North State Bank as commercial loan portfolio manager for its Specialized Lending Group (SLG) division, announced Jonathan E. Hand, senior vice president for the Bank and president of the SLG division. SLG offers lending solutions to area home builders, supporting new home construction in the Triangle. In his position, Fricke will manage and monitor a portfolio of SLG’s commercial loans.

North State Bank promoted Jeremy Lambert to relationship banking manager for its North Hills office, announced Amanda M. Lloyd, executive vice president and chief people officer. In this position, Lambert’s focus will be on developing and enhancing loan and deposit relationships with existing and prospective customers, as well as overseeing office operations. 

North State Bank named Eva Kang as vice president and commercial banker for Downtown Raleigh, announced Amanda M. Lloyd, executive vice president and chief people officer. In this position, Kang will develop and grow business customer relationships, including loans and deposits, as well as digital and other services.

North State Bank named Brittany Moore a commercial loan portfolio manager for the Bank’s Downtown Raleigh office, announced Amanda Lloyd, North State Bank executive vice president and chief people officer. Moore will help businesses access the funding they need to start or grow their company.

North State Bank Promotes Kerith Shimkus

North State Bank has promoted Kerith "Keri" Shimkus to credit administration officer, announced Brian S. Hedges, North State Bank executive vice president and chief credit officer. Shimkus will ensure the Bank's loan review and processing systems are efficient, thorough, and compliant.

 

 

North State Bank is expanding its mortgage division with the addition of two accomplished mortgage loan professionals: Chris Ferdinand and Renee Strahler. Their addition will further strengthen the Bank’s presence in key growth markets across Johnston and Wake counties.

 

The 22nd annual Summer Salute for Transitions LifeCare, hosted by North State Bank, will take place on Saturday, May 31, 2025, at North Ridge Country Club in Raleigh, announced event co-chairs Sondra Collins and Jim Branch. 

 

North State Bank promoted Thomas Eller to senior vice president and chief mortgage sales officer, announced Amanda Lloyd, executive vice president and chief people officer. Eller, who joined the Bank as a mortgage loan officer in 2013, will support the mortgage team’s sales and customer support efforts.