Robert Braswell, president and CEO of Carolina Bank, stated: Winston Salem has long been part of our initial strategic plan for offices of Carolina Bank. Our entry into the market completes that goal. Our efforts in the market will be led by highly experienced and well known banker, Gerald Church, who has been in market for nearly 25 years.

Mr Braswell also added: Church is the perfect fit for us. He is very experienced in both the technical and art of the deal side of banking. And, he fully appreciates the personal relationship aspect, which is the hallmark of Carolina Bank.