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Home > Company Index > Banking > Banking - Southeast > First South Bancorp, Inc.
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First South Bancorp, Inc. |
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PROFILE |
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First South Bancorp is the holding company for First South Bank. Founded in 1902, the bank has about 20 offices throughout eastern North Carolina. Its deposit products include checking, savings, and money market accounts, CDs, and IRAs, which are used to fund a variety of loans. Single-family residential mortgages (35% of its loan portfolio), commercial real estate mortgages (about 25% of the portfolio), and consumer loans (about 20%) represent most of the loans written by the bank; it also originates multifamily real estate, construction, and business loans. The bank sells some of its loans onto the secondary market, retaining servicing rights.
COMPETITION |
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Cooperative Bankshares, Inc. (COOP)
ECB Bancorp, Inc. (ECBE)
Wachovia Corporation (WB)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 40.30
1-Yr. Sales Growth: 55.0%
Employees: 198
Revenue per employee: $203,535.35
KEY PEOPLE |
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Thomas A. Vann
CEO
William L. Wall
CFO
CONTACT INFO |
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1311 Carolina Ave.
Washington, NC 27889
US
Phone: 252-946-4178
Fax: 252-946-3873
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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