Palmetto Banker Winter 2015 by SCBA

PALMETTO BANKER

WINTER ISSUE 2015-1

ONE-ON-ONE WITH NEW S.C. HOUSE SPEAKER JAY LUCAS HUGH LANE JR. NAMED TO S.C. BUSINESS HALL OF FAME THE YEAR TWO BANKERS SAT IN THE S.C. GOVERNOR’S OFFICE

SOUTH CAROLINA BANKERS ASSOCIATION

WILKERSON, THOMPSON: WOMEN MAKING THEIR MARK

Contents 2009 Park Street, Post Office Box 1483 Columbia, S.C., 29202-1483 Phone: 803.779.0850; Fax: 803.779.0890 Web: www.scbankers.org Chairman H. Blake Gibbons, Jr. The Ci zens Bank, Olanta Chairman-Elect David M. Lominack TD Bank, N.A., Greenville First Vice Chairman Robert R. Hill, Jr. South State Bank, Columbia Treasurer Cur s A. Tyner, Sr. Heritage Community Bank, Hartsville Immediate Past Chairman Art Seaver, Jr. Southern First Bank, Greenville SCBA Staff President and CEO Fred L. Green, III Execu ve Vice President, CFO/BankPAC Treasurer Donna S. Taylor Execu ve Vice President, Employee Benefit Trust/ South Carolina Bankers School Teresa D. Taylor Senior Vice President, Conven ons/Conferences E. Anne Gillespie Senior Vice President, Legisla ve & Regulatory A. O’Neil “Neil” Rashley, Jr. Vice President, SCBA Services, Inc. Carolyn E. Laffi e Director, Adver sing & IT M. Caroline Sheorn Administra ve Assistant Bonnie E. Nelson Director, Marke ng and Communica ons; Editor, Palme o Banker R. Kevin Dietrich The Palme o Banker is a publica on of the South Carolina Bankers Associa on. The magazine exists to serve its members by communica ng news of interest, educa on and SCBA ac vi es. Items from members are welcome, however the editor reserves the right to refuse copy. With the excep on of official announcements, the SCBA disclaims responsibility for opinions expressed and statements made in ar cles published in the Palme o Banker.

The Year Two S.C. Bankers Sat in the Governor’s Oﬃce, Page 10

Jay Lucas Takes the Reins as New House Speaker, Page 13

President’s Message

Thompson, Wilkerson Make Their Mark

SCBA Welcomes Two Banks into Fold

Young Bankers Division: Celebra ng 60 Years Hundreds A end SCBA Legisla ve Recep on

Informa on on 2015 Washington Trip

Profiles of S.C. Congressional Delega on

14-15

Execu ve News

17-18

Bank News Personal Transac ons

19 20-21

BankPAC Highlights

Professional Development Calendar

Good Samaritans

New Associate Members

Cover photo: Kim Wilkerson, leŌ, Columbia market president, S.C.

president and local market delivery execuƟve for Bank of America, and Gwen Thompson, CEO, Clover Community Bank. Photo by Zach Sykes/Octagon SoluƟons.

tŝƚŚ Ă ϯϲϬΣ ƉĞƌƐƉĞĐƟǀĞ͕ ŽƵƌ ĮŶĂŶĐŝĂů ƐĞƌǀŝĐĞƐ ƚĞĂŵ ŝƐ ǁŝƚŚ ǇŽƵ Ăƚ ĞǀĞƌǇ ƚƵƌŶ͘ More than 100 banks in the Southeast depend ŽŶ ůůŝŽƩ ĂǀŝƐ ĞĐŽƐŝŵŽ ĨŽƌ ƉĞƌƐŽŶĂů ĂƩĞŶƟŽŶ͕ ŝŶĚƵƐƚƌǇ ĞǆƉĞƌŝĞŶĐĞ ĂŶĚ ƐĞƌǀŝĐĞƐ͕ ŝŶĐůƵĚŝŶŐ ĞǆƚĞƌŶĂů ĂŶĚ ŝŶƚĞƌŶĂů ĂƵĚŝƚ͕ ^ ƌĞƉŽƌƟŶŐ͕ ƚĂǆĂƟŽŶ ĂŶĚ ĐŽŵƉůŝĂŶĐĞ͘ KƵƌ ĮŶĂŶĐŝĂů ƐĞƌǀŝĐĞƐ ƉƌĂĐƟĐĞ ŝƐ ϵϬ ƉƌŽĨĞƐƐŝŽŶĂůƐ ƐƚƌŽŶŐ͕ ǁŝƚŚ Ă ϲϬͲǇĞĂƌ ƌĞƉƵƚĂƟŽŶ ĨŽƌ ŚĞůƉŝŶŐ ďĂŶŬƐ ŽƉĞƌĂƚĞ ƐƚƌŽŶŐĞƌ͕ ǁŝƐĞƌ͕ ďĞƩĞƌ͘ >Ğƚ ƵƐ ŚĞůƉ ǇŽƵ ƐƚĂǇ ŽŶ ĐŽƵƌƐĞ͘

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President’s Message

Impact from 2014 Elections to Last Well into Future

he November 2014 elec ons have come and gone, but the results of votes cast last fall – both na onally and statewide – will likely reverberate for years to come. In Congress there were few surprises as incumbents rolled to victory in both of South Carolina’s Senate races and all seven of the state’s House contests. Sen. Tim Sco , who had been appointed to fill Sen. Jim DeMint’s seat in 2013, easily won elec on, defea ng his opponent by 24 percentage points. Lindsay Graham, the Palme o State’s senior senator, won re-elec on by nearly as wide a margin. You’ll find details on South Carolina’s en re Congressional delega on on pages 14-15. Reflec ng his growing presGreen ge, Sco was recently named to the U.S. Senate Commi ee on Banking, Housing, and Urban Aﬀairs. The commi ee has jurisdic on over ma ers related to banks and banking, price controls, deposit insurance, export promo on and controls, federal monetary policy, financial aid to commerce and industry, currency and coinage, public and private housing, urban development and mass transit, and government contracts. Combined with Graham’s influence and U.S. Rep. Mick Mulvaney’s post on the House Commi ee on Financial Services, which oversees the na on’s financial services industry, including the securies, insurance, banking, and housing industries, it’s evident that Palme o State legislators are gaining increasing gravitas on Capitol Hill. At the state level, Republicans swept the state’s nine cons tu onal oﬃces in the November elec ons, winning every race by double digits. However, the most significant poli cal development at the state level didn’t take place at the ballot box. In late Oc-

tober, S.C. House Speaker Bobby Harrell resigned his seat and in early December Jay Lucas, the House speaker pro tempore, was elected speaker. (To read more about Lucas, see the profile of the Hartsville Republican in this issue of the PalmeƩo Banker on page 13.) While the 2014 vote was a mid-term elec on, there were a number of issues that had substan al impact at the polls, including tax policy, health care and the budget deficit. Bankers in par cular find themselves uneasy as 2015 begins because four years a er the passage of the DoddFrank Act, ins tu ons of all sizes con nue to be aﬀected by growing regula on that is hampering their ability to serve customers. As the ABA noted recently, the results of this past elec on could significantly impact our country’s ability to address issues before they grow beyond repair. “On banking issues, many of the rules of the Dodd-Frank Act are in the final, pending or under-considera on stage,” according to the ABA. “While these rules are largely under the control of the pruden al banking regulators and the (Consumer Financial Protec on Bureau), Congress can play a cri cal role in this process, in terms of both legisla on and aggressive oversight of regulatory ac ons.” There is op mism that the U.S. Senate, where Republicans hold a 54-44 majority (with two independents), will be more ac ve in the coming session in looking at poten al regulatory relief for the banking industry. S ll, it may be diﬃcult to get things accomplished without a broad consensus or at least some Democra c support. In the U.S. House, Republicans increased their majority by 13 seats and now hold a 247-188 advantage. South Carolina Rep. Jim Clyburn also holds tremendous influence as he is again serving as assistant Democra c leader, the No. 3 posi on in his party. The GOP majority is enough to ensure that the Republicans will con nue to

control the process and pass legisla on, but there’s no guarantee that they will be able to achieve a consensus within their caucus. In addi on, President Obama, on his way out of oﬃce, has less incen ve to compromise. Key issues facing the 114th Congress include amending Dodd-Frank, restructuring the Consumer Financial Protec on Bureau, reducing regulatory burden and tax reform. We believe Congress will be more aggressive in pushing for altera ons to Dodd-Frank and while wholesale chang-

‘ ... the results of votes

cast last fall – both na onally and statewide – will likely reverberate for years to come.’ es are unlikely, there is a chance that some reforms can get through both bodies with bipar san support. Expect a con nued push to modify the structure of the CFPB from a single director to a five-member board and impetus to subject the body to the Congressional appropria ons process. While tax reform con nues to get strong vocal support, special interests o en win the ba le to keep their specific provisions when the rubber meets the road. In addi on, demagogic debate regarding income inequality, both in South Carolina and across the na on, has hampered eﬀorts to enact comprehensive long-term tax reform. S ll, there is renewed op mism that the 114th Congress will be able to enact at least some form of regulatory reform. A er four years of Dodd-Frank, it has become clear to members of both par es that there are complica ons and unintended consequences associated with the law. (Fred L. Green III is president and CEO of the South Carolina Bankers AssociaƟon.) 5

Cover Story

Thompson, Wilkerson: Lifting Others While Soaring By Kevin Dietrich Palme o Banker Editor

wen Thompson and Kim Wilkerson would seem, at first glance, to have li le in common besides gender and profession. Thompson’s career has focused on western York County, working for community banks, while Wilkerson travels the na on for one of the country’s largest financial ins tu ons. Thompson went to work out of high school and did other jobs for five years before ge ng into banking as a teller. Midway through her financial services career, she le the only bank office she’d ever worked in to help start up a de novo ins tu on. Wilkerson was recruited by one of South Carolina’s bestknown banks out of college and has remained with its successors throughout her career. Today, Thompson is chief execu ve officer of Clover Community Bank, a two-branch, $120 million ins tu on headquartered in a bucolic town of 5,000 near the North Carolina border, 20 miles northwest of Rock Hill. Wilkerson wears three different hats for Bank of America, one of the largest financial ins tu ons in the world with approximately 4,900 offices and $2.1 trillion in assets. She serves as Columbia market president, the South Carolina president and local market delivery execu ve, a na onwide posi on. Both women began their rise through the ranks at a me when banking was s ll largely a male-dominated profession. Both found mentors who proved invaluable in their professional development. Both have blazed their own paths. Something else they have in common is that each is an unqualified success, albeit having made their mark in very different areas of the banking sector. Their achievements have not gone unno ced. “When I look back on my 35-plus years in the banking industry, it’s apparent

there really was a glass ceiling and I’m so proud of Gwen and Kim and many others who found a way to bust through it and have gone on to enjoy so much success,” said Fred L. Green, SCBA president and chief execu ve oﬃcer. Interes ngly, Thompson and Wilkerson weren’t intent on careers in banking as they a ended high school. Thompson was valedictorian of her class at York County’s Hickory Grove High School and had her sights set on becoming a nurse, while Wilkerson, set to enroll at Clemson, was focused on studying Chemical Engineering. Neither would make it very far toward their original goals.

this me as a shipping clerk before taking a teller posi on at the First Na onal Bank of Sharon in 1976. “Not ge ng into college was disappoin ng, but I didn’t stay down about it too long,” Thompson said. “I’m a there-must-be-something-else-I-wasmeant-to-be person and believe that if you have a good work ethic you can succeed.” Once Thompson, a self-described “numbers person” began at the First Naonal Bank of Sharon, she realized she’d found her niche. “I was a sponge,” she said. “I took whatever classes I could find and learned as much as I could.”

Gwen Thompson inside the lobby of Clover Community Bank, the insi tu on she helped get up and going and where she has been chief execu ve oﬃcer for nearly a decade and a half.

From Sewing Room to Board Room Thompson was a standout student in high school, even gradua ng a year early, but was unable to get the necessary scores on the Scholas c Ap tude Test to gain admi ance to college. A er gradua ng, she instead got married and went to work. Disappointed, but not despondent, she took a job with a local garment manufacturer in a sewing room, then spent two years in customer service for Springs Carpet Mills before it closed. She went back to her original employer,

A er her me on the teller line, Thompson began working her way up through the bank, star ng in the backroom, moving to compliance then into technology. In 1986, First Ci zens acquired the First Na onal Bank of Sharon and a short me later several York County business leaders, seeing a need for a locally based community ins tu on in the western part of the county, decided to start what would become Clover Community Bank. Thompson was approached by bank

it,” Thompson said. “And any decision organizers about moving to the de novo that impacted someone else’s life you but she hesitated. She was reluctant to needed to sleep on, as well. leave the only banking loca on she’d “Jim taught me that you really need to ever worked at, but soon realized that know what your bank’s numbers mean. small-town community banking was For example, what is your ROA and where she felt most at home. how did you get there?” she added. “In Thompson would serve a number of other words, how do you really make roles with Clover Community Bank durmoney?” ing the late 1980s and 1990s, including chief financial officer, senior vice presiEngineering an Engaging Career dent and corporate secretary. For Wilkerson, her career goal of By mid-2001, though, she was ready becoming a chemical engineer came to for a change. Thompson was the chief halt when she came to the realiza on financial officer at Clover Community that she “wasn’t an engineering type Bank, but with her last child leaving for of person.” Numbers, however, were college, she was pondering another something she did enjoy, so she began career. She had already gone back to studying finance. school and trained to become a masDuring her final year at Clemson, sage therapist. Wilkerson began interviewing for acOn July 30, 2001, Thompson submitcoun ng posi ons. One of her profested her resigna on to the bank’s board sors, Dr. Perry Woodside, sat her down of directors. Three days later, however, and said, “Kim, you are just not a green President and Chief Execu ve Jim Harris Bank of America’s Kim Wilkerson holds a eyeshade kind of a person. Have you resigned. The board asked Thompson special momento she received for being part ever thought about banking?” She to stay on un l a replacement could be of the team that par cipated in the 1988 hadn’t, but said she’d be willing to found. However, less than a month later acquisi on of RepublicBank Corp. of Dallas. consider it. the board invited Thompson to become Woodside told her there were two the full- me president and CEO of both said. “She’s very professional, she banks coming to campus to interview the bank and the holding company. holds herself to high standards and she students the following week, Bankers Thompson said that un l she was ofcertainly has the ability to build a conTrust of South Carolina, which today is fered the CEO posi on on a temporary sensus within a team. Her team is very part of Bank of America, and a second basis, being the No. 1 person at a bank loyal to her because she has been very ins tu on which Wilkerson declined to had never crossed her mind. inclusive and is willing to roll up her iden fy. Even a er taking over the job on a sleeves and work with them. “Bankers Trust was very open and very temporary basis, Thompson said she Since Thompson took over, Clover engaging; the sky was the limit with wasn’t expec ng to be offered the posi- Community Bank has doubled in size them,” she said. “The other bank told on permanently. and expanded into the Lake Wylie me I’d be relegated to the credit depart“I was very surprised that the board market. ment my en re career because I was a had that kind of faith in me,” she said. Thompson pointed to four individuwoman. It wasn’t a tough choice when “I had no idea that they understood my als in par cular who served as mentors it came me to pick which company to role that much.” to her over the years: her grandpargo with.” Hank Owen, chairman of Clover Coments, who raised her a er her parents Wilkerson understands that she began munity Bank’s board of directors and divorced when she was seven; Bud her career at a me when banking the last of the ins tu on’s original diFaulkner, who was in charge at the First rectors, said the decision to hire Thomp- Na onal Bank of Sharon; and Jim Harris, didn’t seek out women, or vice versa. “I’ve been incredibly fortunate to have son as CEO wasn’t a difficult one. her predecessor at Clover Community spent my en re career with a company “Gwen was already a board memBank. that’s been incredibly encouraging,” she ber, so we had watched her grow and “My grandparents were hard-working, said. listened to her input. We were comfort- salt-of-the-earth people with good Wilkerson is par cularly proud to have able with her,” he said. values,” she said. “They believed that if par cipated in one of the important Thompson quickly grew into an you go to work for someone, you give early interstate banking transac ons, outstanding chief execu ve officer, he them your best every day. a deal that was pivotal in pushing her added. “Bud taught me that any decision that See Soaring, page 24 “Gwen is driven to succeed,” Owen was important you needed to sleep on 7

News

First Palmetto, First South Join Bankers Association “We’re excited about joining the talented team of bankers across the state that are members of the South Carolina Bankers Associa on, and we’re eager to be a part of an organiza on that has represented the interests of the banking

One of the South Carolina’s newer banks and one of its oldest banks have joined the SCBA. First South Bank, based in Spartanburg and begun 1996, and First Palme o Bank, headquartered in Camden and founded in 1904, have both joined the Bankers Associa on over the past few months. That means the South Carolina Bankers Associa on, started in 1900, now has 81 members, which among them control more than 99 percent of all deposits in the state, represen ng an all- me high for the Bankers Associa on in terms of percentage of state deposits.

industry in South Carolina for more than a century,” said Sammy Small Jr., general counsel and chief opera ng oﬃcer for First Palme o Bank. For Barry Slider, chief execu ve oﬃcer of First South Bank, rejoining the SCBA

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a er several years in which his ins tuon fought to keep its head above water is a sign the Upstate bank is headed in the right direc on. “We went through a hard me with the economy and did what we had to do to survive, so I’m ckled to death to be back as part of a very well-regarded organizaon,” he said. “This is a good thing for us,” he added. “I believe the banks in South Carolina need to be a part of an associa on that looks a er their interests, and that’s what the South Carolina Bankers Associa on does.”

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Young Bankers Conference

The Boardwalk Inn at Wild Dunes, the site of the 2015 Young Bankers Conference.

Isle of Palms’ Boardwalk Inn to Host 60th YBD Conference

his year’s Young Bankers Conference, scheduled for March 6-8 at The Boardwalk Inn at Isle of Palms, will mark the 60th anniversary of the division’s founding. Genera ons of up-and-coming South Carolina bankers have cut their teeth within the Young Bankers Division, working with leaders and future leaders while gaining insight into the financial services industry and the issues facing it. “The rela onships I made in the Young Bankers Division have been a blessing and a benefit to me, both personally and professionally,” said Henry S. Laﬃ e, execu ve vice president of Palme o State Bank and the 1980-81 Young Bankers Division chairman. “I made some great friends who have given me some great advice over the years. They’ve really proven a wonderful resource and have helped me and my bank out many, many mes.” The Young Bankers Division is noted for several ini a ves, including: • A scholarship program highlighted by the YBD Golf Tournament and the S.C. Bankers School, which last year awarded nearly $40,000 to the children of employees of SCBAmember banks; • Banking Careers 101, an annual event in which college students are brought together to learn about opportuni es in banking; • A Financial Literacy program which

touched 58,000 individuals during the past fiscal year; and • The Young Bankers Conference, held annually each spring. This twoday event encourages peer interacon, oﬀers educa onal opportunies and the chance to learn more about the Division. Speakers at the 2015 Conference include Jack Ellenberg, senior vice president with the South Carolina State Ports Authority; Nate DaPore, president and chief execu ve oﬃcer for PeopleMa er; Robert M. “Bob” Long, senior vice president with Van v; Cathy Jones-Stork, educa on associate with the South Carolina Department of Educa on. There will also be a panel discussion featuring several former Young Bankers Division chairmen: Samuel L. “Sam” Erwin, CEO of The Palme o Bank; Tyler B. Hudson, execu ve vice president with

Genera ons of up-andcoming S.C. bankers have cut their teeth within the Young Bankers Division, working with leaders and future leaders while gaining insight into the financial services industry and the issues facing it.

NBSC; Henry S. Laffi e, execu ve vice president of Palme o State Bank; and David L. Morrow, CEO of CresCom Bank. The panel will be moderated by Tricia P. “Trish” Springfield, retail banking execuve with The Palme o Bank Rev. E. Rossiter “Ross” Chellis of Hampton United Methodist Church will give the Prayer Breakfast talk, tled “Curbing Complacency.” Others who will speak during the three-day event include SCBA President Fred L. Green; H. Blake Gibbons Jr., president of The Ci zens Bank and chairman of the SCBA; Chad F. Westendorf, vice president with Palme o State Bank and chairman of the Young Bankers Division; and Glenn D. Buddin Jr., CEO of Blue Ridge Bank and chairman-elect of the Young Bankers Division. Events include golf on March 7 at the Links Course, beginning at 1 p.m.; and, on Saturday night, a celebra on of 60 years of the Young Bankers Division with “A Night at the Races.” A endees are urged to come dressed in bow es and big hats, seersucker suits and sun dresses. The evening will include six races, with those on hand eligible to place “wagers.” There will be music and chances to win prizes. For more informa on about a ending the 2015 Young Bankers Conference, contact SCBA Vice President Carolyn Laffi e at 803.779.0850 or by email at carolynlaffi e@scbankers.org. 9

Looking Back

The Year Two Bankers Sat in S.C. Governor’s Office

century ago this year, the SCBA saw two of its own move into the governor’s oﬃce in the same

month. Charles Aurelius Smith and Richard Irvine Manning III, both Palme o State bankers and members of the South Carolina Bankers Associa on, served as governor in 1915. The former held the posi on for just five days, in January 1915, and was immediately followed by the la er, who began the first of a pair of two-year terms. Smith’s brief tenure as governor was a fluke, brought about by the petulance of one of the Palme o State’s more unpleasant chief execu ves, Cole Blease. In the 1914 elec on, Manning ran unopposed for governor, tou ng Manning a progressive pla orm that represented pre y much everything that Blease, an unapologe c racist, represented. On Jan. 14, 1915, rather than personally hand over the reins of power to Manning, Blease resigned five days before the la er was to be inaugurated. Blease, a self-proclaimed pro-lynching, an -black educa on poli cian, is said to have used red ink to resign rather than relinquish the oﬃce to a man “whose philosophy I despise.” As a result, Smith, the lieutenant governor, served out the remainder of Blease’s term, performing largely ceremonial du es.

Tar Heel Shines in Palme o State Despite his brief term as governor, Smith enjoyed a dis nguished career. A North Carolina na ve, Smith graduated from Wake Forest in 1882. He accepted a teaching post in Timmonsville but soon le to start and manage Charles A. Smith Co., a mercan le business, and became co-owner of Smith10

Williams Co. of Lake City. He later ran Timmonsville Oil Co. By 1908, Smith had been elected to the S.C. House of Representa ves. He was also serving as president of the recently formed Bank of Lynchburg, in Lee County. He would later serve as president of The Ci zens Bank of Timmonsville and the Peoples Bank of Lamar, holding dual posi ons at various mes. In 1911, Smith won the state’s lieutenant governor’s post. He would serve under Blease, who had won the first of two terms as governor. Despite holding the second-highest oﬃce in the state, Smith con nued his banking career, as he addressed the 1911 SCBA Annual Conven on as both lieutenant governor and as president of the Ci zens Bank. Smith also served as vice president of the Peoples Bank of Lamar as lieutenant governor. Smith died barely a year a er his short tenure as governor, dying in 1916 at Johns Hopkins Hospital in Bal more, Md., at age 55.

A Breath of Fresh Air Manning was the grandson of Richard Manning I, governor of South Carolina from 1824-1826 and later a U.S. Representa ve. Manning, who possessed considerable agriculture holdings, a ended the University of Virginia and was involved in a number of businesses besides banking. He served as president of the Sumter Compress Co., president of the Sumter Co on Warehouse Co., president of the Home Building and Loan Associa on; and as director of the Sumter Telephone Co., the Sumter Machinery Co., and the Sumter and Wateree Railroad Co. By 1907, Manning was president of the Bank of Sumter. Two years later, he held the president’s post at the Bank of Mayesville. While both were Sumter County ins tu ons, the former had been formed in the 1880s and was among the largest banks in the state, while the la er was less than a decade old and s ll small.

Manning was elected to the South Carolina House in 1892 and again in 1894. In 1898 he won a seat to the South Carolina Senate and was re-elected in 1902, serving as president pro tempore in 1905. He first ran for governor in 1906, but lost in the Democra c primary. In the 1914 elec on, Manning finished second in the Democra c primary to John Gardiner Richards Jr., a former S.C. House member who was serving as state Railroad Commissioner. However, with 11 men vying for the Democra c nomina on, Richards was unable to secure a majority, forcing a runoﬀ between himself and Manning. While Richards, who would eventually be elected governor in 1927, won the primary by a full percentage point over Manning, Smith the la er captured the runoﬀ in convincing fashion, pulling 62 percent of the vote. (Smith also ran for governor in the 1914 Democra c primary but finished with only 4.5 percent of the vote.) During Manning’s two terms, he helped establish the state’s first compulsory educa on law, raised the minimum age for employment to 14, and worked to improve health and the regula on of safety. He died in 1931 at age 72. As for Blease, who represented much that was wrong with early 20th century South Carolina – espousing lynching as “necessary and good,” opposing the use of tax money paid by whites for the educa on of blacks and even urging the re-ins tu on of public execu ons, par cularly that of blacks, in his 1911 inaugural address – he went on to serve in the U.S. Senate from 1925 through 1931, where he further embarrassed himself and, unfortunately, his state. He died in 1942 at age 73. – Kevin Dietrich

SCBA Legisla ve Recep on

More than 400 Attend SCBA Legislative Reception More than 400 bankers, legislators and members of the judiciary a ended the annual SCBA Legisla ve Recep on, held Jan. 13 at the Columbia Museum of Art. Among those who a ended this year’s event were S.C. House Ways and Means Chairman Brian White, S.C. Senate Commi ee Chairmen Chip Campsen, Ronnie Cromer, Wes Hayes, Larry Mar n and Harvey Peeler; S.C. House Chairs Rita Allison, Alan Clemmons and Bill San-

difer; and S.C. Supreme Court Jus ces Costa Pleicones, Don Bea y and John Ki redge. Other notables included former Gov. Jim Hodges, S.C. Sen. Nikki Setzler and S.C. Banking Commissioner Louie Jacobs. Also on hand were numerous individuals who serve on the boards of state universi es and lower courts, along with associate members and several former SCBA chairmen.

“We saw another strong turnout, both from our bankers and from our elected oﬃcials and members of the judiciary,” said SCBA President and CEO Fred Green. “It was nice to see so many familiar faces and talk with old friends.” The SCBA’s Legisla ve Recep on is an event that dates back decades. In recent years it has been held at the Columbia Museum of Art to accommodate growing a endance.

Scenes from the 2015 South Carolina Bankers Associa on Legisla ve Recep on, held Jan. 13 at the Columbia Museum of Art. Above, from le : Laurence Bolchoz, Coastal Carolina Naonal Bank; Rep. Mike Gambrell, R-Anderson, Jimmy Kimbell, Entegra Financial Corp.; Rep. Brian White, R-Anderson; Below: Rep. Bill Sandifer, R-Oconee, John Poole, Carolina Alliance Bank. Bo om, middle: Will Buyck, Bank of Clarendon; Cur s Tyner, Heritage Community Bank; William Buyck, Bank of Clarendon; Sam Erwin, The Palme o Bank. Bo om, le : Kim Wilkerson, Bank of America; Sen. Harvey Peeler, R-Cherokee; Mike Brenan, BB&T. Middle, le : Rep. Cezar McKnight, D-Williamsburg; Sen. Marlon Kimpson, D-Charleston. Middle, center: Fred Green, South Carolina Bankers Associa on; Louis Jacobs, S.C. Banking Commissioner; Blake Gibbons, The Ci zens Bank and chairman, South Carolina Bankers Associa on.

SCBA Washington Trip

SCBA Washington Trip Scheduled for March 23-25 up and visi ng other members of the 800.226.5377 or Anne Gillespie at the The 2015 SCBA Washington Trip/ABA S.C. delega on, including Sen. Lindsay SCBA at 803.779.0850. Government Rela ons Summit will be Graham, Sen. Tim Sco and Rep. Jim Regarding accommoda ons, the Washheld March 23-25, with a endees stayington Marrio Marquis has reserved ing at the Washington Marrio Marquis Clyburn in their respec ve offices. For more informa on about a enda block of rooms for SCBA members in the na on’s capital. ing the conference, contact the ABA at interested in a ending. The hotel has Last year, the SCBA Washington trip enjoyed a record turnout as set a cut-off date of Friday, Feb. 27. some 30 bankers traveled Reserva ons received north to visit with members of the state’s Congressional a er that date will be accepted on a space-available delega on and regulators. basis at the prevailing rate. The SCBA con ngent had the extra opportunity to The Washington Marrio Marquis requires a credit spend me with Reps. Mick card to guarantee accomMulvaney and Tom Rice at moda ons. a dinner hosted by Nelson All reserva ons as well as Mullins Riley & Scarborough changes in arrival, deparat the law firm’s Washington office, just a stone’s throw ture or type of accommoda ons must be made from the U.S. Capitol. in wri ng directly through The group was also able to a end a luncheon with Rep. A endees of the 2015 SCBA Washington Trip/ABA Government Rela- reghousing@aba.com or by ons Summit will stay at the Washington Marrio Marquis. fax at 202.663.7543. Joe Wilson before spli ng

Meet Your Legislator

Lucas Takes Helm as Speaker; Maps Out New Course By Kevin Dietrich Palme o Banker Editor

he career of new South Carolina House Speaker James H. “Jay” Lucas mirrors that of another more-famous Republican from a century ago: Calvin Coolidge. Both came from rural areas and neither le college intent on a career in poli cs. Both were small-town a orneys who decided to run for public oﬃce when the opportunity presented itself, and both slowly worked their way up the poli cal ladder. Coolidge served in a number of lesser roles before becoming president of the Massachuse s Senate en route Lucas to serving as governor and eventually president; a er 16 years in the S.C. House, Lucas was recently elected to lead that body following the resigna on of long me Speaker Bobby Harrell. “It’s been a hec c past few months,” Lucas said recently. “The job has had a steep learning curve, but I’m star ng to get the hang of it.” First elected to the House in 1998, Lucas took over as speaker a er serving four years as Speaker Pro Tempore. Lucas has no designs on elected office beyond House speaker, but has indicated that he is intent on working more closely with his compatriots than his predecessor and promised a more inclusive leadership. “I’ll use the same strategy I’ve employed for the past 16 years,” he said. “Treat the 124th legislator just like you treat the No. 1 legislator: Find out about them, find out about their families and treat them with respect.” Lucas iden fied several issues he intends to scru nize: Campaign-finance reform; upgrading the state’s infrastructure system; establishing a legisla ve

oversight commi ee to supervise state agencies; and even banning leadership poli cal ac on commi ees, to keep House members from having and controlling leadership PACs, which contribute money to fellow House members’ campaigns. Lucas, also like Coolidge, understands the value of a dollar. He a ended the University of South Carolina on a scholarship for families of disabled veterans and graduated in 1975, but couldn’t aﬀord law school. Instead, he worked as the financial director for the city of Benne sville and then as administrator for Fairfield County, enabling him to save enough to enroll at the University of South Carolina School of Law in the mid-1980s. “Right a er college, I immediately went to work instead of going to law school. The experiences and knowledge I gained during that me made me more mature than the average individual.” Lucas said. “I was able to concentrate on my studies and focus on the end result.”Lucas graduated from USC School of Law in 1988 and served as county a orney for Darlington County, from 1990 through 1994. He then

served as a city judge in his hometown of Hartsville for two years. He has been a partner in the law firm of Lucas, Warr and White since 1994. Lucas waited un l 1998 to seek elected office. A er state Rep. Michael Baxley, a six-term Democrat, le office, he decided to try for the posi on, winning the seat in predominantly Democra c District 65 (which includes Darlington, Chesterfield Kershaw and Lancaster coun es) by a scant 32 votes and garnering the tongue-in-cheek nickname “Landslide Lucas.” Coming from a rural area and having spent me working at posi ons in Benne sville and Winnsboro, Lucas is aware of the issues facing the state’s non-urban regions. “There’s no ques on that the rural areas have not advanced as well as the urban areas within the Palme o State,” he said. “But being the speaker isn’t a regional job, it’s a job that affects the en re state and you have to treat it that way. “That said, our infrastructure, especially our roads, are in greater need of repair in the rural areas, and the issues See Lucas, page 27

Jay Lucas, temporarily presiding over the S.C. House of Representa ves as speaker pro tempore, prior to being elected House speaker late last year.

Congressional Delega on

Who Represents You: S.C.’s Senate, House Members U.S. Senate Sen. Lindsey Graham Assumed Current Office: 2002 Age: 59 Hometown: Central, S.C. Affilia on: Republican Educa on: University of South Carolina; University of South School of Law Commi ees: Appropria ons; Armed Services; Budget; Judiciary Sen. Lindsay Graham was elected to the Senate in 2002 and re-elected in 2008 and 2014. In 1994 he was elected to the U.S. House of Representa ves, becoming the first Republican from the 3rd Congressional District of South Carolina since 1877. Prior to his service in the House, Sen. Graham logged six-plus years service in the U.S Air Force as an a orney. Upon leaving the Air Force in 1989, Sen. Graham joined the South Carolina Air Na onal Guard where he served un l 1995. Sen. Graham con nues to serve his country in the U.S. Air Force Reserves and is one of only two U.S. senators currently serving in the Guard or Reserves. He is a colonel and is assigned as a Senior Instructor at the Air Force JAG School. Sen. Tim Sco Assumed Current Office: 2013 Age: 49 Hometown: North Charleston, S.C. Affilia on: Republican Educa on: Presbyterian College; Charleston Southern University Commi ees: Banking, Housing & Urban Affairs; finance; Health, Educa on, Labor and Pensions; Small Business and Entrepreneurship; Aging Sen. Tim Sco was appointed to the U.S. Senate in January 2013, becoming the first black Republican to join the Senate since the Reconstruc on era. Sen. Sco 14

was elected on his own merits in 2014. Prior to being sworn in to the Senate, Sen. Sco served in the U.S. House of Representa ves from 2011-2013, where he was a member of House leadership and sat on the influen al House Rules Commi ee. Sen. Sco also served on Charleston County Council for 13 years, including four terms as chair, and in the S.C. House of Representa ves for two years, where he was elected chairman of the Freshman Caucus and House Whip. He was owner of Tim Sco Allstate. and partner of Pathway Real Estate Group.

U.S. House of Representa ves Rep. Jim Clyburn Represents: S.C.’s 6th District Assumed Current Office: 1993 Affilia on: Democrat Age: 74 Hometown: Sumter, S.C. Educa on: South Carolina State University; University of South Carolina Commi ees: Joint Select Commi ee on Deficit Reduc on Rep. Jim Clyburn serves as assistant Democra c leader in the U.S. House of Representa ves, the No. 3 Democrat in the House, where he is the leadership liaison to the Appropria ons Commi ee and one of the Democra c Caucus’ primary liaisons to the White House. Working with the internal caucuses, Rep. Clyburn plays a key role in messaging and outreach. A er serving as a member of Gov. John West’s staff and as S.C.’s human affairs commissioner for nearly two decades, Rep. Clyburn was first elected

to Congress in 1992 and rose through leadership ranks. He was elected chairman of the Congressional Black Caucus in 1999, and his reputa on as a leader and consensus-builder helped him win a difficult three-way race for House Democra c Caucus vice chairmain in 2002. When Democrats regained the House majority in 2006, Rep. Clyburn was elevated by his colleagues to House Majority Whip. Rep. Jeff Duncan Assumed Current Office: 2011 Represents: S.C.’s 3rd District Affilia on: Republican Age: 49 Hometown: Ware Shoals, S.C. Educa on: Clemson University Commi ees: Foreign Affairs; Homeland Security ; Natural Resources Rep. Jeff Duncan was first elected to the U.S. House in 2010 and he won re-elec on in 2012 and 2014. He joined the U.S. House a er serving in the S.C. House from 2003-2011, where he was chairman of the House Agriculture, Natural Resources and Environmental Affairs Commi ee from 2007 to 2009. In addi on to his posi on in Congress, Rep. Duncan is president and chief execu ve officer of J. Duncan Associates, a real estate marke ng firm. Rep. Trey Gowdy Assumed Current Office: 2011 Represents: S.C.’s 4th District Affilia on: Republican Age: 50 Hometown: Greenville, S.C. Educa on: Baylor University; University of South Carolina School of Law Commi ees: Ethics; Judiciary; Oversight and Government Reform; Select Commi ee on the Events Surrounding the 2012 Terrorist A ack in Benghazi

Congressional Delega on

Who Represents You: S.C.’s Senate, House Members Rep. Trey Gowdy was first elected to the U.S. House of Representa ves in 2010 and he won re-elec on in 2012 and 2014. Prior to joining Congress, Rep. Gowdy spent six years as a federal prosecutor. Following graduaon from USC law school, Rep. Gowdy clerked for John P. Gardner on the South Carolina Court of Appeals and United States District Court Judge Ross Anderson. He then went into private prac ce before becoming a federal prosecutor in 1994. Rep. Gowdy was awarded the Postal Inspector’s Award for the successful prosecu on of J. Mark Allen, one of “America’s Most Wanted” suspects. In 2000, he was elected 7th Circuit Solicitor. Rep. Mick Mulvaney Assumed Current Oﬃce: 2011 Represents: S.C.’s 5th District Aﬃlia on: Republican Age: 47 Hometown: Alexandria, Va. Educa on: Georgetown University; University of North Carolina School of Law Commi ees: Financial Services; Small Business Mick Mulvaney was elected to Congress in November, 2010. A er prac cing law following gradua ng law school, Rep. Mulvaney began his own law firm. Later, he ran the family real estate business and then started a small homebuilding company. Rep. Mulvaney was a minority shareholder in a restaurant franchise company and also owned and operated a restaurant. Rep. Mulvaney was elected to the S.C

House of Representa ves in 2006 and the S.C. Senate two years later. He is a member of the U.S. House Financial Services Commi ee, which has jurisdic on over banking, economic stabiliza on, interna onal finance, monetary policy, housing, securi es and exchange, and urban development. Rep. Tom Rice Assumed Current Office: 2013 Represents: S.C.’s 7th District Affilia on: Republican Age: 57 Hometown: Charleston, S.C. Educa on: University of South Carolina; University of South Carolina School of Law Commi ees: Budget; Small Business; Transporta on and Infrastructure Rep. Tom Rice was elected to represent South Carolina’s 7th District in 2012. The state was awarded a seventh Congressional seat following the 2010 Census, marking the first me in 80 years South Carolina has had as many as seven U.S. representa ves. Rep. Rice’s experience in the public sector prior to joining Congress included serving on the Horry County Council. Following college in Columbia, he worked for accoun ng firm Deloi e & Touche in Charlo e, N.C. before returning to his home town of Myrtle Beach to prac ce tax law with the Van Osdell Law Firm. He later established his own prac ce, Rice & McDonald. Rep. Mark Sanford Assumed Current Office: 2013 Represents: S.C.’s 1st District Affilia on: Republican Age: 54 Hometown: Fort Lauderdale, Fla. Educa on: Furman University; University of Virginia

Commi ees: Budget; Transporta on and Infrastructure Former South Carolina Gov. Mark Sanford was sworn into office in May 2013 a er winning a special elec on following the eleva on of Tim Sco to the U.S. Senate. Gov. Sanford won re-elec on to the U.S. House in 2014. Gov. Sanford, who represented the state’s 1st District in the U.S. House from 1995 through 2001, served as South Carolina’s 115th governor from 2003 through 2011. In 1992, Gov. Sanford founded Norton and Sanford Real Estate Investment, a leasing and brokerage company which he s ll owns. Rep. Joe Wilson Assumed Current Office: 2001 Represents: S.C.’s 2nd District Affilia on: Republican Age: 67 Hometown: Charleston, S.C. Educa on: Washington and Lee University; University of South Carolina School of Law Commi ees: Armed Services; Educa on and the Workforce; Foreign Affairs Rep. Joe Wilson, first elected to the U.S. House in 2001 following the death of long me Congressman Floyd Spence, has won reelec on seven mes. Previously, he served four terms in the S.C. Senate. Rep. Wilson also served as deputy general counsel for former S.C. Gov. Jim Edwards at the U.S. Department of Energy. He also worked as a real estate a orney with the Kirkland, Wilson, Moore, Taylor & Thomas law firm. 15

The name you know. The help you need. After enough time, your name becomes more than the thing people call you. It becomes your reputation. And your promise. For generations of businesses in this area, First Citizens has helped customers make the most of the money they earn, save and invest. We can work with you to create the right financial strategy for you today â&#x20AC;&#x201C; and the business you want to build tomorrow. To learn more about the ways we can help your business stand the test of time, talk to one of our business bankers or visit us at firstcitizensonline.com/business.

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On Jan. 1, 2015, First Citizens Bank and Trust Company, Inc., headquartered in Columbia, SC, merged with and into First-Citizens Bank & Trust Company, headquartered in Raleigh, NC. Account openings and credit are subject to Bank approval. Member FDIC.

Execu ve News

Bryant to Head S.C. Operations for New First Citizens Former SCBA Chairman Sharon Bryant was recently named South Carolina regional execu ve vice president for the combined First Ci zens. As regional execu ve, Bryant will lead the bank’s South Carolina and Northeast Georgia markets, and con nue to oversee all retail and small business banking func ons in the combined company’s South Carolina metro markets, as well as retail, small business and commercial banking ac vi es in South Carolina’s community markets. The announcement comes Bryant following the comple on of the merger of Raleighbased First Ci zens BancShares and Columbia-headquartered First Ci zens, announced last summer. Bryant, a Columbia na ve, has more than 30 years of financial services experience. She joined First Ci zens in 1999 and was most recently the South Carolina Banking Execu ve. She served as chairman of the South Carolina Bankers Associa on in 2011-12. At First Ci zens, Bryant previously served as execu ve vice president and director of human resources, division execu ve for central South Carolina, director of the bank’s Wealth Advisory Group and president of First Ci zens

Securi es – the company’s in-house broker-dealer. “First Ci zens is commi ed to serving our markets in South Carolina and Georgia for the long term,” Bryant said. “We have an excep onal team, and we will con nue to keep a keen focus on the financial needs of our customers,” she added. “They have always been and will remain our top priority.” In conjunc on with Bryant’s role in the combined company, she has named the team of leaders who will preside over the company’s five major geographical footprints in South Carolina and Northeast Georgia, eﬀec ve Jan. 1, 2015: • The South Carolina Central area will be led by Area Execu ve James Benne . This area includes the Metro Columbia and Northeast Columbia markets; the South Carolina communi es of Aiken, Camden, Elgin and Lugoﬀ; and Augusta, Ga.; • The South Carolina Upstate area will be led by Area Execu ve Jimmy Gulledge. Included in this area are Greenville, Spartanburg, and surrounding communi es; and the South Carolina communi es of Chester, Fort Mill, Great Falls, Kershaw, Lancaster, Rock Hill and York; • The South Carolina West area will be led by Area Execu ve Chuck Perry. This area includes the bank’s Northeast Georgia, North

Midlands and Western Upstate markets; and the South Carolina communi es of Anderson, Clemson and Greenwood; • The South Carolina East area will be led Area Execu ve Mike Wolfe. Included in this area are the bank’s Grand Strand markets, Barnwell, Chesterfield, Florence and surrounding communi es; and the South Carolina communi es of Dillon, Hartsville, Orangeburg and Sumter; and • The South Carolina Southern Coastal area will be led on interim basis by J.B. Schwiers. This region includes the Metro Charleston and North Charleston markets, along with the South Carolina communies of Beaufort, Blu on, Hilton Head, Lady’s Island and Moncks Corner, and the Savannah, Ga., market. “As we posi on ourselves for con nued success in 2015 and beyond, I am confident this experienced and knowledgeable leadership team will work hard to ensure our legacy franchise con nues to thrive and prosper,” said Peter Bristow, president and corporate sales execu ve of First Ci zens. “These leaders and their teams are ac vely involved in their communies and are deeply commi ed to our collec ve No. 1 priority: caring for the financial needs of our customers,” Bristow added.

Potter to Oversee First First Citizens’ Nix Appointed CFO of Combined Company Community’s Upstate Growth Raleigh, N.C.-based First Ci zens BancShares Inc.’s board elected Craig Nix to serve as CFO of the company and unit First-Ci zens Bank & Trust Co., eﬀec ve last November. Nix, 43, replaces Glenn McCoy, who re red Nov. 5 as CFO. It was previously announced that McCoy would re re at a date following the Oct. 1 merger of Columbia, S.C.-based First Ci zens Bancorp. Inc. into First Ci zens BancShares and that Nix would become chief financial oﬃcer. Nix previously served as execu ve vice president and CFO of First Ci zens Bancorp. from 2001 un l its merger into First Ci zens BancShares.

First Community Corp. recently added long me Greenville banker Randy Po er to its board and announced that Po er would oversee First Community’s entry into the Greenville banking market. Po er was most recently the CEO of Savannah River Banking Co., which was acquired by First Community Bank in 2014. Ini ally, Po er will oversee the Lexington-based bank’s implementa on of a loan produc on oﬃce in Greenville. Po er co-founded Greenville’s Summit Na onal Bank in 1990, and served as its CEO from incep on un l it was sold to First Ci zens Bank in 2005. 17

Execu ve News

Hugh Lane Jr. to Join Father in Business Hall of Fame

ugh C. Lane Jr., chairman and former president and chief execu ve oﬃcer of The Bank of South Carolina, has been chosen for inclusion in the South Carolina Business Hall of Fame. Lane, one of two individuals who will be inducted during the April 9, 2015, event at the Columbia Metropolitan Conven on Center, will join his father, Hugh C. Lane Sr., in the hall. The elder Lane, also a banker, was inducted in 1985. Hugh Lane Jr. earned an Economics degree from the University of Pennsylvania and began his career at Ci zens and Southern Na onal Bank of Georgia. He spent a year with Chemical Bank in New York, then returned to the South to join Ci zens and Southern Na onal Bank of South Carolina, known as C&S Bank of South Carolina. Lane began The Bank of South Carolina a er C&S of South Carolina was acquired in 1986. He led a group of nearly two dozen organizers, helping raise $10.6 million to launch the ins tu on in early 1987. The Bank of South Carolina, which today has more than $375 million in assets, has realized a profit every year since its founding. The bank has four oﬃces, with locaons in Summerville, Mount Pleasant

and West Ashley in addi on to its headquarters site in Charleston. Lane stepped down as president and CEO in 2012 but stayed on as chairman. In addi on to his work in the financial services industry, Lane has been heavily involved in community circles over the years. Civic involvement has been key elements in Lane’s approach to running The Bank of South Carolina since its incepon. “Community involvement is part of our culture,” Lane said when interLane viewed by the Palme o Banker last year. Lane is or has served on the boards of the following en es over the years: • The Charleston County Greenbelt Bank board; • The Trident Chamber of Commerce President’s Roundtable; and • Woﬀord College. He has held leadership posi ons with Ashley Hall School, Belle W. Baruch Founda on, Charleston Museum, Trident Urban League, Drummond Center, Lowcountry Open Land Trust, Independent Colleges and Universi es of SC, Roper Founda on, S.C. Chamber

of Commerce, South Carolina Coastal Council, Trident United Way, MUSC’s Health Sciences Founda on, Palme o Project, Planta on Society and Southern Environmental Law Center. He also organized a task force that worked to fund and enact the S.C. Conserva on Bank, which sought to iden fy which lands in South Carolina were significant and how they could be protected and sustained. In 2008 Lane was awarded the Order of the Palme o, South Carolina’s highest civilian honor, by Gov. Mark Sanford. The South Carolina Business Hall of Fame is presented by Junior Achievement of Central South Carolina. Other bankers who have been inducted into the S.C. Business Hall of Fame over the years include Hugh M. Chapman, W.W. “Hoo e” Johnson, John H. Lumpkin Sr., Hugh L. McColl Jr., Robert V. Royall and Joel A. Smith III. Joining Lane in this year’s class of inductees will be Joseph Blanchard, president and chief execu ve oﬃcer of Blanchard Machinery Co., the Caterpillar dealership serving South Carolina. Honorees are chosen for their contribu ons to S.C.’s business landscape, for being agents of posi ve change, for their leadership and for being a source of inspira on to the leaders of tomorrow.

Hill, Crapps Named to Positions with Federal Reserve A pair of long me Midlands bank execu ves have been named to posi ons with the Federal Reserve. Robert R. Hill Jr., chief execu ve oﬃcer of Columbia-based South State Corp. and South State Bank, and Mike Crapps, CEO of Lexington-based First Community Corp. and First Community Bank, recently took on roles with the Federal Reserve Bank of Richmond. Hill was elected as a director of the Federal Reserve Bank of Richmond by member banks while Crapps was appointed to a two-year term on the Charlo e branch board of the Richmond Fed. 18

Hill was elected to a three-year term as a Class A director, beginning Jan. 1. Previously, Hill had served on the board of directors of the Federal Reserve Bank of Richmond’s Charlo e branch. Each of the na on’s 12 Federal Reserve Banks has a nine-member board of directors. Three Class A and three Class B directors are elected to threeyear terms by the stockholding member banks, and three Class C directors are appointed to three-year terms by the Board of Governors of the Federal Reserve System. The board the Charlo e branch of

the Federal Reserve Bank of Richmond has seven members. A majority are appointed by the board of directors of the Richmond Federal Reserve Bank and the remainder by the Board of Governors of the Federal Reserve System. Hill, who joined South State Bank in 1995, took over as chief execu ve in 2004. He is a graduate of The Citadel and earned an MBA from the University of South Carolina’s Moore School of Business. Crapps is a graduate of Clemson University who began his career with South Carolina Na onal Bank. He helped found First Community in 1995.

Bank News BNC Bancorp High Point, N.C.-based BNC Bancorp has completed the acquisi on of Charleston-based Harbor Bank Group Inc., parent of Harbor Na onal Bank. The merger agreement, announced in June, provides for the common shareholders of Harbor Bank Group to receive 0.95 of a share of BNC Bancorp common stock in exchange for each share of Harbor Bank Group common stock. As of Sept. 30, Harbor Na onal Bank had total loans of $281 million and deposits of $267 million. As a result of the transac on, BNC Bancorp acquired four branches in the Charleston metropolitan area. The former branches of Harbor Na onal Bank will be operated as branches of BNC under the name of Harbor Bank un l system conversions are completed in February 2015. Carolina Financial Corp. The American Bankers Associa on has named Carolina Financial Corp. to its

Nasdaq Community Bank Index. Carolina Financial was one of 12 banks that were added to the index on Dec. 2. The board of Carolina Financial Corp. on Oct. 15 declared a 2-for-1 stock split to stockholders of record as of Oct. 31, payable Nov. 14, according to informa on filed with the Securi es and Exchange Commission. The Charlestonbased company reported third-quarter net income of $2.4 million, or 30 cents per share, compared with $2.8 million, or 36 cents per share, a year ago.

CresCom Bank CresCom Bank has completed its acquisi on of 13 branches in southeastern North Carolina and South Carolina from Bluefield, Va.-based First Community Bank. The bank received regulatory approval this past fall from the FDIC’s Atlanta regional oﬃce and had already received the necessary regulatory approval for the transac on from the S.C.

State Board of Financial Ins tu ons and a no ce of non-objec on from the Office of the North Carolina Commissioner of Banks, according to a Form 8-K filed Nov. 4. The deal was announced in August. CresCom Bank is a unit of Carolina Financial Corp., while First Community Bank is a subsidiary of First Community Bancshares Inc.

First Ci zens Raleigh, N.C.-based First Ci zens BancShares Inc.’s two banking subsidiaries, Columbia, S.C.-based First Ci zens Bank and Trust Co. Inc. merged into Raleighbased First-Ci zens Bank & Trust Co., eﬀec ve Jan. 1. The two en es combined to form First Ci zens Bank, which now operates more than 570 branches in 18 states and the District of Columbia, adding more than 175 locaons in South Carolina and Georgia to the bank’s exis ng branch network. First Ci zens is the sixth-largest bank franSee Bank News, page 23

Personal Transac ons

Formo

Douglas

Abbeville First Bank Abbeville First Bank has appointed Trey Wilburn to the newly created role as the bank’s network administrator Anderson Brothers Bank Dus n Formo and Jody Lambert of Anderson Brothers Bank have received cer fica on in NAF Consumer Credit Compliance. Formo, a CPA, serves as the bank’s internal auditor, while Lambert is VP Loan Oﬃcer. Bank of America Andy Douglas has been named Greenville market president by Bank of America. In addi on to market president dues, Douglas is managing director and private client adviser in the Greenville oﬃce of U.S. Trust. Carolina Alliance Bank Carolina Alliance Bank has established an advisory board for its South Carolina market. This board is comprised of businessmen, all of whom have a long history with the bank. The South Carolina Advisory Board includes: Charles E. Atchison, Sr.; Andrew M. Babb; Vollie C. “Vic” Bailey III; James D. Bearden III, MD; Norman H. Chapman; and Caleb C. Fort. CresCom Bank CresCom Bank has named Todd Berg as its new loan originator for Conway. Rob Crowe has been promoted to assistant vice president by CresCom Bank. CresCom Bank has named Carmel Dodds as Branch Opera ons Manager. 20

Crowe

CresCom Bank has appointed Trina Dusenbury its new senior vice president and manager of retail mortgage operaons. Kristen Emel has joined the team at CresCom Bank as a credit analyst. CresCom Bank has promoted Paula Gore as its new branch manager for the Li le River loca on. Jordan Miller has been promoted to assistant vice president by CresCom Bank. Linda Morris has joined CresCom as a Mortgage Loan Originator at its Cane Bay branch. CresCom Bank has appointed Griﬃn Morrow assistant vice president. CresCom Bank has named Brian Davidson as its new mortgage originator. Davidson will be working out of the bank’s James Island branch.

First Ci zens First Ci zens has named Clint Collins to serve as retail sales manager and assistant vice president for the bank’s North office. First Ci zens named Brian Fast vice president and market execu ve for the bank’s Florence market and surrounding community. Fast will oversee all retail and commercial func ons in the greater Florence area, which includes the company’s Hoffmeyer, Florence Main, Second Loop, Pamplico Highway, Lake City and Timmonsville offices.

Morris

Jus ce

Aaron Jus ce has been promoted to wealth advisor for First Ci zens’ Charleston market. Vince Pace has joined First Ci zen’s agricultural lending group as rela onship manager for Marion, Horry, Georgetown, Williamsburg and Clarendon coun es. Jason Rabun recently joined First Ci zens as vice president and retail sales manager. He is based in Aiken.

First South Bank Timothy Pless and Jeffrey Hooper have been named execu ve vice presidents of First South Bancorp and subsidiary First South Bank. Pless is chief operaons officer and chief technology officer for the Spartanburg-based financial services company while Hooper is chief financial officer. Independence Na onal Bank Jennifer Rummage and Ashley Turner have been promoted by Independence Na onal Bank to the posi on of assistant branch manager. NBSC NBSC has appointed Dr. Nayef H. Samhat and Toya Hampton Green to its S.C. Board of Directors. Samhat is president of Wofford College while Green is special counsel at Haynsworth Sinkler Boyd, P.A. in the firm’s Charleston office. South Atlan c Bank South Atlan c Bank has named C. Alec Elmore execu ve vice president and chief credit officer.

Personal Transac ons

Samhat

Wetherell

Green

Alex L. Wetherell has joined South Atlan c Bank as an assistant vice president and credit analyst.

South State Bank South State Corp.’s South State Wealth named Andy Dalrymple senior vice president. South State’s South State Wealth named John Hamilton senior vice president. Wally Less has been named senior vice

Ryan Reeves has been named senior vice president for South State Wealth.

Heather S. McKinney has been named senior vice president for South State Wealth, a division of South State Bank.

South State Wealth announced that Banks Wannamaker has been named senior vice president.

Sandra Mixson has joined South State Bank’s Mount Pleasant oﬃce as a mortgage loan oﬃcer.

Neal Webb has been named senior vice president for South State Wealth.

South State Bank has named Rory G. Parsley vice president.

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Michele Miller Young has been named South State Bank’s Denmark oﬃce vice president and branch manager.

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Bank News Bank News chise headquartered in the Southeast with more than $30 billion in assets, according to the company. The two banks’ opera ng systems are set to combine in the la er half of 2015. First Ci zens BancShares Inc. and Columbia, S.C.-based Columbia, S.C.-based First Ci zens Bancorp. Inc. completed their proposed merger Oct. 1. The banking units of the two holding companies – First Ci zens Bank and Trust Co. Inc. and First-Ci zens Bank & Trust Co. – con nued to operate separately un l the Jan. 1 merger. The board of First Ci zens BancShares Inc. elected three directors – Peter Bristow, Floyd Keels and Robert Hoppe – which went into eﬀect upon comple on of the company’s acquisi on of Columbia-based First Ci zens Bancorp. Inc. this past fall. Bristow, Keels and Hoppe, who were likewise elected to the board of First Ci zens BancShares’ FirstCi zens Bank & Trust Co., each served on the board of First Ci zens Bancorp. Bristow had served as execu ve vice president of First Ci zens Bancorp and president and COO of unit First Ci zens Bank and Trust Co. Inc., Keels is president and CEO of Santee Electric Coopera ve Inc., and Hoppe is a re red partner of PricewaterhouseCoopers LLP. Bristow is also president and corporate sales execu ve of the combined company. First Ci zens BancShares increased the number of directors to 13 from 12 in order to add new directors.

First Community Bank First Community Bank of Lexington completed its acquisi on of approximately $40 million in deposits and $8.7 million in loans from Spartanburg-based First South Bank, a unit of First South Bancorp Inc., according to a Form 8-K filed Sept. 30 with the Securi es and Exchange Commission. First Community Bank acquired all of the deposits and a por on of the loans at First South’s banking oﬃce at 1333 Main St. in Columbia. The accounts have been

transferred to First Community Bank’s downtown oﬃce at 1213 Lady St. in Columbia.

Greer Bancshares Greer Bancshares Inc. determined that it is eligible to begin the process to terminate the registra on of its common stock and cease filing reports with the Securi es and Exchange Commission because there are fewer than 1,200 holders of record of that class of stock, SNL reported the past fall. According to a Form 8-K filed in October, the management and the board of the Greer-based company opted to pursue deregistra on a er considering the cumula ve costs, and advantages and disadvantages of being a repor ng company. The company said that in addi on to the significant yearly cost savings, deregistering its common stock is also expected to enable senior management to focus more on the day-to-day opera ons and performance of the company by elimina ng the considerable me and eﬀort necessary to manage compliance with Securi es Exchange Act requirements. Independence Bancshares Inc. Shareholders of Independence Bancshares Inc. approved a 1-for-10 reverse stock split, according to a December filing made with the U.S. Securi es and Exchange Commission. The primary objec ve behind the Greenville-based bank holding company’s reverse stock split is to raise the market price of the company’s common stock in order to achieve eligibility for lis ng on the NASDAQ Capital Market, according to an earlier SEC filing. The company’s board believes that the liquidity and marketability of common stock will be posi vely aﬀected if it is quoted on a na onal securi es exchange because investors can find it easier to dispose of, or to obtain accurate quota ons as to the market value of, its common stock. Oconee Federal Seneca-based Oconee Federal Financial Corp., its parent company Oconee Fed-

eral MHC and its wholly owned subsidiary Oconee Federal Savings and Loan Associa on completed the acquisi on of Toccoa, Ga.-based Stephens Federal Bank on Dec. 1. This follows the voluntary supervisory conversion of Stephens Federal from a federally chartered mutual savings associa on to a federally chartered stock savings associa on, according to a Form 8-K filed with the Securi es and Exchange Commission on Dec. 3. The acquisi on of $147 million Stephens Federal was consummated in accordance with the agreement under which Stephens merged into Oconee Federal Savings.

South Atlan c Bank South Atlan c Bank plans to open a full-service office at 1801 Highway 17 South in North Myrtle Beach, pending regulatory approval. The new loca on will be the bank’s sixth overall and first in the North Strand. John L. Breeden III and Allison Cabaniss, both career bankers with nearly 35 years of combined experience, will lead the bank’s team in this new market. The bank has filed applica ons with the FDIC and the South Carolina State Board of Financial Ins tuons and an cipates banking opera ons to begin immediately a er receiving approval. Southern First Bank Southern First Bancshares Inc. completed the sale of 1,380,000 shares of common stock at a public offering price of $14.40 per share on Nov. 12, 2014, raising more than $18 million a er deduc ng the underwri ng discount as well as offering expenses. Southern First used the proceeds to complete the repurchase of its remaining Series T Preferred Stock originally issued to the U.S. Department of the Treasury under the CPP/TARP program. Remaining money is slated to be used for general corporate purposes, including contribu ng a poron to subsidiary Southern First Bank to support organic growth, according to informa on filed with the U.S. Securi es and Exchange Commission. 23

Feature Soaring bank toward what it is today – predecessor NCNB’s 1988 purchase of First RepublicBank Corp. of Dallas from the FDIC. “I got a call one day and was told to pack enough clothes for two weeks and come to Charlo e,” she said. “I didn’t know where I was going or why I was being asked to come, but I knew it had to be something big. “There were 217 of us called to Charlo e that day and we were all gathered into a large conference room where (Chief Execu ve Oﬃcer) Hugh McColl said, ‘Ladies and Gentlemen we are going to Texas,’” Wilkerson said. “It was a privilege and a real boost to my confidence to be asked to take part in something like that.” The acquisi on of FirstRepublic, the largest bank in Texas, made NCNB the na on’s ninth-largest bank. As NCNB, which would later become Na onsBank and eventually Bank of America, con nued to expand, Wilkerson found her role with the company – and the demands on her me – growing. At one point, about 25 years ago, it got to be too much. “I actually resigned from the bank at one point,” she said. “I remember it well: It was in 1990, my boys were li le and balance in my life was unheard of. The final straw came when Wilkerson’s younger son was scheduled to go Christmas caroling but she got caught up in work at the oﬃce. “When I went to pick up my son, I was late and he had these great big tears in his eyes. He said ‘I thought you forgot me.’ That just killed me.” A short me later, Wilkerson gave her two-week no ce. “My boss proceeded to call me and say ‘You can’t resign.’ I said, ‘I can and I have.’ Then his boss called and said, ‘Kim, you can’t resign. I told him, ‘I can and I have.’ He got in his car right then and there and drove down from Charlo e and we talked about what was really bothering me.” They ended up devising a plan that enabled Wilkerson to take a sabba cal and then work part- me, allowing her to be home a ernoons for her children. 24

She kept that schedule for a full decade, giving her the workplace-home balance she needed but also keeping her involved in banking. Wilkerson, like Thompson, iden fied several individuals who played important roles in her life, beginning with her mother and father. “I grew up with parents who told me I could be anything I wanted to be,” she said. “There were no preconceived limits on my career simply because I was female.” Besides, Woodside, the Clemson professor who recommended Wilkerson shuck oﬀ accoun ng for banking, she named several bankers who served as invaluable role models: John G.P. Boatwright, whose tles included president of NCNB’s South Carolina opera ons; W.W. “Hoo e” Johnson, the force behind Bankers Trust of S.C. for many years and later chairman of Bank of America; Joel Smith, who would rise to become president of Bank of America East; and the late Julian Turner, former president of Bankers Trust of S.C. “John Boatwright was very giving of his me and very pa ent with someone very ‘green,’” she said. “He never made me feel like he had something more important to do. “Hoo e understood very early that diversity was good for business, our customers and the community,” she said. “As a young banker I had the utmost respect for him and 35 years later that respect con nues. I feel fortunate to have had the opportunity to work with him. He is a great man.” What stood out most to Wilkerson about Smith was the way he took me to compliment the eﬀorts of those around him. “He said thank you o en. I saved some of the notes he wrote to clients about me early in my career and s ll have them in my desk drawer. You just never know how taking a personal interest in someone’s career will ul mately impact them. “Julian Turner was an amazing people person,” Wilkerson added. “While he was very senior in our organiza on, he took me to get to know everyone. He made a point to know your name and know something about you. It was incredible to see him connect with people and to show how much he truly cared about you as a

person.” Wilkerson also said her accomplishments wouldn’t have been possible without the support of her husband Avery. “Whenever I speak to young women, I tell them ‘who you marry ma ers,’” she said. No Signs of Slowing Down Neither Thompson nor Wilkerson said they expect to re re soon. Both enjoy their jobs too much, they added. For Thompson, she plans to keep her two-office opera on independent. “We like being independent; we like being a community bank,” she said. “We believe as long as we’re doing a good job for our customers, our services will always be in demand.” Wilkerson said the ques on of when she planned to re re brings a smile to her face. “I simply cannot imagine ever re ring in the tradi onal sense of the word,” she said. “The be er ques on for me is probably ‘what is my second act?’ and I just don’t have an answer for that yet. I love people … love our community and state … love my family … and love being in a posi on to make a difference. Somehow, I would like for my second act to be something that allows me to connect all that is important to me, while staying ac vely engaged in key ini a ves that make a difference. “For now, I am focused on con nuing my career at a wonderful company working with the best colleagues in the business,” Wilkerson added. When asked what advice they’d offer young women ge ng into the banking world today, both Thompson and Wilkerson were straight forward: Find a role and fill it to the best of your ability. “Do your part,” Thompson said. “It’s not about being female. It’s about seeing a job that needs to be done, doing it and doing it well.” Wilkerson added that it’s important to remain true to yourself: “Find your passion, love what you do, li others as you climb, approach each day with a sense of curiosity and adventure,” she said. “Do these things and success will be your reward and leadership will be your privilege.”

WHITE PAPER

Community Bank Forecasting How to switch from spreadsheetbased forecasting models to instrument-level planning software Today’s increased regulatory scrutiny and tighter margins have community bankers searching for more reliable and quicker methods for budgeting and forecasting. More and more, community bankers are abandoning complex webs of Excel spreadsheets in favor of streamlined planning software. When making this kind of switch, it’s critical for bankers to understand basic data requirements and terminology common to most of today’s planning software. This white paper will help guide community bankers through the conversion process, increasing the likelihood of a smooth transition.

SNL.com/forecasting

To learn more, contact Julie Jones: Partners@SNL.com; 434.951.4419

2014 SCBA BankPAC Campaign

All-Time High The SCBA BankPAC Board of Directors is proud to announce that together we raised an all-time high of $72,838.00 during the 2014 campaign. This wonderful accomplishment allows SCBA BankPAC to be more effective in our political advocacy in order to influence legislative outcomes. A strong BankPAC campaign allows our voice to be collective and impactful. Thank you to the following banks, your directors and employees for your unbelievable support in 2014 Ameris Bank Anderson Brothers Bank Arthur State Bank Atlantic Community Bank Bank of America Bank of Clarendon Bank of Travelers Rest Bank of Walterboro Bank of York BB&T Blue Ridge Bank BNC Bank Carolina Alliance Bank CBC National Bank CertusBank, N.A. Clover Community Bank

Coastal Carolina National Bank CoastalStates Bank Congaree State Bank Cornerstone National Bank Countybank CresCom Bank Enterprise Bank of SC First Citizens First Community Bank GrandSouth Bank Greer State Bank Heritage Community Bank Home Federal Savings & Loan Independence National Bank Kingstree Federal Savings & Loan Mutual Savings Bank

NBSC Palmetto Heritage Bank & Trust Palmetto State Bank Park Sterling Bank Pickens Savings & Loan Association Pinnacle Bank of SC Sandhills Bank Security Federal Bank South Atlantic Bank South State Bank Southcoast Community Bank Southern First Bank Spratt Savings & Loan The Citizens Bank The Commercial Bank The Palmetto Bank VistaBank Wells Fargo Woodruff Federal Savings & Loan Yadkin Bank

Calendar Professional Development Calendar February 23-24, 2015 March 6-8, 2015 March 10, 2015 March 11, 2015 March 17, 2015 March 23-25, 2015 April 8-9, 2015 April 22, 2015 April 23, 2015 June 7-10, 2015

2015 Eco. Developers Conference & Oyster Roast North Charleston, S.C. 2015 Young Bankers Division Annual Conference The Boardwalk Inn, Wild Dunes, S.C. Columbia, S.C. 2015 Bank Opera ons Conference 2015 Safety & Soundness Conference Columbia, S.C. 2015 Spring Compliance Conference Columbia, S.C. 2015 Spring Government Rela ons Summit Washington, D.C. 2015 Women in Banking Symposium Charlo e, N.C. 2015 Community Bankers Spring Peer Group Columbia, S.C. 2015 Teach Children to Save Day Na onwide 2015 SCBA Annual Conven on Charleston, S.C.

Lucas facing educa on are significantly diﬀerent in rural areas as opposed to urban areas,” he added. Economic development is another issue that’s important to Lucas, and he recognizes that banking plays a key role in making economic development happen. That said, Lucas understands that banks and bankers are facing a tsunami of regula ons at present. “You can’t close a simple real estate loan

without having to go through mounds and mounds of paperwork, so to the extent we can help provide some relief from that, we’ll certainly be glad to look at assis ng in any way we can,” he said. Lucas is the first to admit there’s a great deal of diﬀerence between being speaker pro tempore and House speaker, and added that he didn’t envision himself succeeding Harrell un l it was apparent the la er would have to step down.

“You don’t run for speaker pro tempore thinking you’ll be speaker someday,” Lucas said. “And there’s much more to the job than just presiding over the House.” “Thankfully, House members and staﬀ have been tremendously suppor ve and oﬀered great help” he added. “I have no doubt that the upcoming legisla ve session will be successful as we ini ate necessary reforms to be er the lives of all South Carolinians.”

Ron Paull Joins BDC as SVP/Loan Servicing Ofﬁcer Veteran South Carolina banking industry manager Ron Paull has joined Business Development Corporation (BDC) as Senior Vice President and Loan Servicing Ofﬁcer. Paull comes to BDC with 30 years of experience that includes senior positions in credit review and other responsibilities with Wachovia, NBSC and First Citizens Bank.

“Ron understands well how banking works and is particularly well versed in how to help BDC ensure institutional performance and ﬁnancial stability as

Ron Paull Senior Vice President and Loan Servicing Ofﬁcer

we ﬁnance new and expanding businesses across the Palmetto State.” —Edwin O. Lesley President and CEO of BDC BDC partners with banks in South Carolina to bring your customers the most innovative lending solutions. To learn more about how your bank can partner with BDC, give us a call today at 803.798.4064 or visit us online at BDCofSC.org.

It’s Not Just a Building...

It’s Home. Community Investment Corporation of the Carolinas is a lending consortium of more than 100 southeastern financial institutions, working together to provide permanent financing that supports the development of high-quality affordable multifamily housing in the Carolinas, Georgia, Tennessee, Virginia and West Virginia. Since 1990, CICCAR members have funded more than $275 million in loans, creating 17,000 units in over 300 properties. In return, they receive the benefits of loan growth, CRA credit and the satisfaction of creating “home” for nearly 50,000 people. Call today to learn more about the ways that membership in CICCAR can benefit your bank and the communities you serve.

Community Investment Corporation of the Carolinas P.O. Box 19999, Raleigh, NC 27619 Toll free: (800) 662-7044 Local: (919) 781-7979 www.ncbankers.org/CICCAR

@CICCarolinas

Good Samaritans “We are very apprecia ve for all of the valuable work that Water Missions does,” said David L. Morrow, CresCom’s chief execu ve officer. “Through our dona on, we also wish to show our support for Dr. Deal’s many good works and contriCarolina Alliance Bank bu ons to improvCarolina Alliance Bank ing the overall recently partnered with health of our the Senior Housing Crime world’s ci zens.” Preven on Founda on, CresCom Bank the Independent Comalso regularly munity Bankers of America contributes to a and the American Bankers Dr. Jeff Deal, le , and David Morrow, president and CEO of CresCom Bank, variety of chari es, Associa on to help ensure with a check for Water Missions Interna onal. both locally and that veterans living in the statewide, as its way of ‘paying it fororganiza on that provides sustainable Carolinas are able to live out their lives ward’ to the communi es it calls home. safe water and sanita on solu ons for in safe, secure, enhanced quality of life Water Missions Interna onal has people in developing countries. environments free from the daily fear The dona on is the result of the bank’s provided access to safe water for more of crime, abuse, neglect, hos lity and than 2.5 million people in 50 countries recogni on for the nonprofit’s good depriva on of personal freedom, as on five con nents since 2001. works, as well as Dr. Jeff Deal’s efforts provided through the Senior Housing throughout the world. Dr. Deal is the Crime Preven on Founda on’s Senior Independence Na onal Bank nonprofit’s director of health studies Crimestoppers program. Tiffany Welborn of Independence and also is a member of the bank’s “Veterans have done so much for this Na onal Bank was recently named board of directors. great country that it is an honor to Simpsonville’s ci zen of the year by the Most recently, Dr. Deal has spent me return the favor and be part of this proin West Africa working to train aid work- Simpsonville Area Chamber of Comgram,” said John Poole, Chief Execu ve merce. Officer of Carolina Alliance. “We believe ers on how to use his new ultraviolet Welborn is assistant vice president and light-emi ng robot that can clean mathat it is not only appropriate, but our retail branch manager with the Greenmoral duty, to help ensure their comfort terials and equipment exposed to the ville-based ins tu on. Ebola virus. This is of par cular imporand security at this stage of their lives.” “What a great honor it is for her and tance as treatment centers and clinics Because of Carolina Alliance Bank, we thank her for the representa on con nue to see a rise in those infected each veteran resident will be provided and support she gives to INB,” said Larry and pa ents with possible symptoms. a specially designed veterans personal Miller, CEO and president of Independlock box. In addi on, SHCPF will provide Dr. Deal has also been instrumental ence Na onal. in ge ng water systems to the Ebola each state veterans nursing home with Welborn, a graduate of Appalachian its annual Time of Your Life video exhibit stricken countries once on site in West State University, became involved with Africa. for the resident’s enjoyment and each the Simpsonville Chamber at the same “Although Water Missions Internafacility will receive an annual cash conme she joined Independence in 2012. onal responds globally, our work tribu on for a Wish Comes True grant to She was appointed to the chamber’s would not be possible without the supbe given to select Veterans. board last August and currently serves port from our local community such as as chair of the Chamber’s ambassador this generous dona on from CresCom CresCom Bank commi ee, is a member of the fes val Bank,” said Rogers Hook, Execu ve VP, CresCom Bank recently donated planning commi ee and has volunVolunteer and Investor Partnerships, $10,000 to Water Missions Internateered at numerous special events. onal, a nonprofit Chris an engineering WMI.

Anderson Brothers Bank Employees of Anderson Brothers Bank par cipated in the Christmas project sponsored by Marion County Department of Social Services. Anderson Brothers Bank and its employees do numerous events during the year for the benefit of the communi es they serve.

Welcome New Associate Members SiteTech Systems 2513 N. Oak Street, Suite 305 Myrtle Beach, South Carolina, 29577 Contact: Todd Woodard Phone: 843.808.9716 Website: www.sitetechsystems.com Email: twoodard@sitetechsystems.com

K. Sco and Associates, LLC 841 Island Point Lane Chapin, South Carolina, 29036 Contact: Kathie Sco Phone: 803.429.6401 Website: www.ksco andassociates.com Email: Kathie@ksco andassociates.com

e-Rela onship 3300 Ba leground Ave., Suite 250 Greensboro, North Carolina, 27410 Contact: Sco Tyler Phone: 800.851.8169 Website: e-rela onship.com Email: sco @e-rela onship.com

SiteTech Systems is a mapping, research and analysis company which supports banks in the southeast. SiteTech has built an extensive database of sales and mortgage transac ons from leading tle companies, which includes ownership, property characteris cs, sales history, financing and mortgage data, zoning, site characteris cs, flood zone, foreclosure and REO indicators, and tax assessor data. This is used by financial ins tu ons for their internal evaluaons and business development eﬀorts. SiteTech’s mapping capabili es allows banks to map their customer data and enhance the data with demographic and socioeconomic informa on for spa al analysis. Addi onal services provided by SiteTech include residen al and commercial internal evalua ons/ restricted-use appraisals, appraisal review, business valua ons, property inspec ons, AVMs, branch site selec on/ evalua on, financial analysis/modeling and customer-marke ng analysis.

K. Sco and Associates LLC, is an organiza onal and leadership development consul ng prac ce helping organiza ons achieve business results through high-impact people solu ons. Having nearly a decade and a half of experience in the financial services industry as an oﬃcer and senior leader in organiza onal and leadership development, Kathie Sco , founder and president, understands the challenges banks and bankers face. Are you dealing with rapid organiza onal changes (structure: such as crea ng a Universal Banker, systems, process, acquisi on, etc.); striving to improve produc vity; watching leaders and teams struggling; limited by insuﬃcient bench-strength? Professionally skilled and experienced at assessing and diagnosing organizaonal needs, K. Soc and Associates will collaborate with you to determine and deliver customized and sustainable solu ons that build capability to meet those challenges.

Every financial ins tu on’s success depends on individual bankers establishing, nurturing and maintaining personal rela onships with prospects and exis ng clients. Success is more than corporate-level branding. It’s personal. E-Rela onship helps bankers build personal rela onships by automa cally delivering 15-plus ‘touch points’ per year through such patented tools as financial e-briefs, e-cards, e-videos and much more. Each ‘touch point’ is a personal and compelling message received by the prospect or exis ng client directly from the banker, helping them build strong rela onships and turning prospects and exis ng customers into repea ng top- er clients. E-Rela onship was the first client and prospect e-connec on tool for financial services companies and today it’s the leading provider of crea ve prospec ng content for Fortune 500 companies and smaller organiza ons worldwide.

Office Depot Joins SCBA’s Preferred Vendor Program Office Depot became the latest company to join the South Carolina Bankers Associa on’s preferred vendor program when it partnered with the SCBA late last year. The SCBA is one of more than 30 state bankers associa ons across the country that has joined in a strategic partnership with Office Depot. Benefits for SCBA members include increased buying power and exclusive discounts. Current program par cipants have saved as much as 30 percent over their prior office product costs. SCBA members will enjoy discounts on a core list of 350-plus frequently used office and banking products. In addi on, SCBA members can add an addi onal 75 items tailored to the needs of their organiza on, including toner or ink jet car30

tridges. For miscellaneous items outside the core and customtailored list, members will receive a 10 percent discount on Office Depot’s retail catalog pricing. SCBA members will also receive discounts on office furniture, print/copy services, custom business forms, sta onery, lunchroom and janitorial provisions and more. Customers will receive free delivery on all orders over $50. Orders placed by 4 p.m. local me are delivered next day in most markets. Customers will also have access to Office Depot’s exclusive Business Services Division website. In addi on, this program is extended to employees of all SCBA-member ins tu ons, who will enjoy the same discounts on core list items as well as 10 percent off retail store purchases.

South Carolina Bankers School 2015 South Carolina Bankers School July 12-17, 2015 Lander University, Greenwood, S.C.

The South Carolina Bankers School challenges students to learn more about their responsibili es as bankers while preparing them for future advancement within the industry. Students acquire a be er knowledge of the total scope their organiza ons and the role the financial services industry plans within the na onal economy. The school consists of a three-year progressive course of instruc on with a one-week resident session each year. The South Carolina Bankers School is ranked among the pre-eminent ins tu ons of its kind in the naon, with nearly 2,800 Palme o State bankers having graduated from the program over the past half century.

For more informa on: Please contact Teresa Taylor at the South Carolina Bankers Associa on at 803.779.0850.

South Carolina Bankers Associa on (2009 Park Street) Post OďŹ&#x192;ce Box 1483 Columbia, South Carolina, 29202-1483

2015 SCBA Annual Convention

Save the Date

June 7-10, 2015

Charleston Place, Charleston, S.C.