TITLE

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

AUTHOR(S)
Fajt, Marissa
PUB. DATE
March 2010
SOURCE
American Banker;3/24/2010, Vol. 175 Issue 45, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
48846816

 

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