Southern First Bancshares Promotes Wes Wilbanks to Chief Credit Officer
Southern First Bancshares, Inc. (NASDAQ: SFST), the holding company for Southern First Bank, has announced a significant leadership change, promoting Wes Wilbanks to the role of Chief Credit Officer and Executive Vice President. This decision reflects the company's commitment to excellence and growth in the financial services sector.
A Strong Background in Banking
Wes Wilbanks has been an integral part of the Southern First team since 2021, holding the position of Senior Credit Risk Officer. In this role, he concentrated on fostering relationship growth, along with managing and overseeing the loan portfolio. Boasting 25 years of experience in banking, Wes brings a wealth of knowledge and expertise to his new position. He is a proud graduate of the South Carolina Bankers School and the LSU Graduate School of Banking.
Prior Experience and Leadership
Before joining Southern First, Wilbanks dedicated over a decade to a regional bank, where he held various senior credit roles. His career commenced in relationship management, which laid a strong foundation for his future in credit risk. In his new capacity as Chief Credit Officer, Wes expresses enthusiasm about continuing to advance the growth and risk management strategies of Southern First while ensuring that the bank's clients receive exceptional service from the dedicated team of bankers.
Quotes Highlighting Wilbanks’ Impact
Art Seaver, the Chief Executive Officer, praised Wes's contributions by stating, "Wes has been an effective and dedicated leader to our credit team during his tenure. We are excited to have him step into this new role to create additional positive impact on our company." This testimony emphasizes the trust and confidence the leadership team has in Wilbanks's abilities and vision for the future of Southern First.
About Southern First Bancshares
Southern First Bancshares, Inc., based in South Carolina, is a registered bank holding company with Southern First Bank as its wholly owned subsidiary. Established in 1999, the bank has quickly grown to become the second-largest bank headquartered in South Carolina. With operations in 13 locations across various markets, Southern First Bank has a solid presence not only in South Carolina but also in the neighboring regions of North Carolina and Georgia.
Current Financial Standing
As of now, Southern First Bancshares holds consolidated assets estimated at approximately $4.1 billion, a testament to its growth and client trust. Its common stock is traded on The NASDAQ Global Market under the symbol "SFST." This robust financial framework underscores the company's ongoing dedication to providing quality financial services and its commitment to its customers.
Contact Information
For any media inquiries, Art Seaver is the primary contact at Southern First. He can be reached for discussions about the company's recent developments and future plans. The company encourages those interested in learning more about its services and leadership to obtain further information.
Frequently Asked Questions
What is the new role of Wes Wilbanks at Southern First?
Wes Wilbanks has been promoted to Chief Credit Officer and Executive Vice President, focusing on credit risk management and customer service.
How long has Wes Wilbanks been with Southern First?
Wes Wilbanks joined Southern First in 2021 as Senior Credit Risk Officer before his recent promotion.
What is the financial standing of Southern First Bancshares?
Southern First Bancshares currently holds approximately $4.1 billion in consolidated assets, indicating strong financial health.
Where is Southern First Bank located?
Southern First Bank operates in several markets, including Greenville and Columbia in South Carolina, and regions in North Carolina and Georgia.
What is the stock symbol for Southern First Bancshares?
The common stock of Southern First Bancshares is traded under the symbol "SFST" on The NASDAQ Global Market.
