Mr Mayer has nearly 30 years experience in the banking industry. He currently serves on the board of directors of the Charlotte Regional Partnership, Advantage Carolinas and Regent Schools.

Brad Schnyder, board chairman of Mountain 1st, said: “As the economic outlook begins to brighten and there is a sense of a light at the end of what has been a long and dark tunnel, we knew that Mike Mayer could deliver a steady and experienced hand at the helm to guide us into this new decade. His depth of experience in community banking is a perfect fit for our bank’s culture, our customers, our shareholders and the communities we serve.”

Mr Mayer said: “I am extremely encouraged by the strong foundation and positive culture that has been established here at Mountain 1st. With our leadership team, Mountain 1st, is well positioned for the opportunities that lay ahead and I am excited to be a part of this organization.”