A Capital Idea at N.C. Bank: Raise It as Needed

Fajt, Marissa
March 2010
American Banker;3/24/2010, Vol. 175 Issue 45, p1
Trade Publication
The article reports on an approach to raising capital that is used by the Citizens South Banking Corp., according to the bank's chief executive officer Kim S. Price. The benefits from the company's strategy include limited uncertainty for investors. The purchase of a failed bank in Georgia, the Bank of Hiawassee, is discussed. The views of analyst Kevin Fitzsimmons are noted.


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