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Carolina Financial (CARO) 25.51 $CARO

CresCom Bank To Expand In South Carolina And Southeastern North Carolina With 13 Branch Purchase
PR Newswire - Thu Aug 07, 8:03AM CDT
CresCom Bank, the wholly-owned bank subsidiary of Carolina Financial Corporation (NASDAQ: CARO), today announced it has entered into a definitive agreement with First Community Bank, Bluefield, Virginia to acquire 13 branches with total deposits of approximately $230 million and approximately $59 million in loans. Three of the offices are in South Carolina and operate under the name "People's Community Bank" and 10 are in southeastern North Carolina. The deposit premium will be approximately 3.11% of deposits acquired. Upon completion of the purchase, CresCom Bank will have 27 branch locations, including two new offices planned to open later this summer in Cane Bay and Socastee, S.C.

Carolina Financial Corporation Reports Results for Second Quarter of 2014
PR Newswire - Fri Jul 18, 11:54AM CDT
Carolina Financial Corporation (NASDAQ: CARO) today announced that net income for the second quarter of 2014 was $2.2 million, or $.57 per share diluted, and $4.2 million, or $1.07 per share diluted, for the first half of 2014.

Carolina Financial Corporation Stock Now Listed On NASDAQ
PR Newswire - Tue Jul 01, 8:00AM CDT
Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced today that its public stock has transitioned from the OTCQB marketplace ("OTCQB" to the NASDAQ Capital Market as of July 1, 2014.

Carolina Financial Corporation Board Approves Form 10 Filing
PR Newswire - Thu Feb 27, 10:30AM CST
Carolina Financial Corporation (OTCQB: CARO), the parent of CresCom Bank, Board of Directors approved the filing of a Form 10 with the Securities and Exchange Commission (the "SEC" . The Company filed the Form 10 yesterday, February 26, 2014, after close of business.

Carolina Financial Corporation And CresCom Bank Report Fourth Quarter/2013 Earnings And Stock Split
PR Newswire - Mon Feb 24, 2:14PM CST
Carolina Financial Corporation (OTCQB: CARO), the parent company of CresCom Bank, released today financial results for the fourth quarter and 2013 calendar year.

CresCom Bank Completes Acquisition of St. George Branch From First Federal of South Carolina
PR Newswire - Mon Feb 24, 10:04AM CST
CresCom Bank and First Federal of South Carolina announced today that they have completed the sale of the First Federal of South Carolina branch in St. George, South Carolina to CresCom Bank. The transaction had been announced on August 28, 2013. CresCom Bank added approximately $24.7 million in deposits and $11.2 million in loans receivable as a result of this branch acquisition.

Carolina Financial Corporation Reports 2-for-1 Stock Split
PR Newswire - Fri Feb 14, 9:00AM CST
Carolina Financial Corporation (OTCQB: CARO), the parent of CresCom Bank, declared a two-for-one stock split to shareholders of record on February 10, 2014, payable on February 28, 2014.




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