Ryan Fricke headshot

Ryan Fricke Named Commercial Loan Portfolio Manager




August 7, 2024

For more information, contact:
Amanda M. Lloyd
Executive Vice President and Chief People Officer

RALEIGH, N.C. . . . Ryan Fricke has joined North State Bank (the "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.

Hand said, “We’re pleased to have someone with Ryan’s experience and knowledge, as well as his familiarity with our market. Growth in the Triangle is phenomenal, and Ryan will help our builders keep pace.”

A Raleigh native, Fricke graduated from the University of Colorado-Boulder and went on to earn a master’s in management from Wake Forest University. Prior to joining North State, he served in Raleigh as an associate broker with Avison Young, a commercial underwriter with Standard Title, and, most recently, as a commercial real estate analyst in the homebuilder division of Truist. He is involved in First Tee – Triangle and the Boys and Girls Club of America.

Fricke shared, “I am excited to partner with the people and companies that are building and shaping the future of the Triangle; it is an incredible opportunity. This role builds naturally on my background in real estate and lending.”

Founded in 2000, North State Bank is an independent, full-service community bank serving Wake and New Hanover counties through seven offices and serves the community management association industry through its division, CommunityPLUS. SLG is a full-service division of North State Bank providing lending services to support new home construction in the Triangle.

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NorthStateBank.com

This news release may contain forward-looking statements. Actual results might differ materially from those projected in the forward-looking statements for various reasons, including our ability to manage growth, changes in real estate values and the real estate market, regulatory changes and increased deposit insurance assessments, economic conditions, changes in interest rates, substantial changes in financial markets, loss of deposits and loan demand to other savings and financial institutions and our limited operating history.