BNET Industries

First South Bancorp Inc.

(FSBK) is in the Financial Services Industry

Market Cap:$101.5M

Last Fiscal Year Sales:$30.2M

Public
US

Dow Jones Description

Established in 1902, First South Bank is a local community bank located throughout Eastern North Carolina. Over the past 103 years, banking products and services have evolved. However, the Bank's commitment to its community has never wavered. We have always believed it is important to be a significant contributing member of our community. We know that, as a community bank, we have a responsibility to make a positive difference in the place we both live and serve, not because it is good for business, but because it is the right thing to do.

President, Director & CEO

Thomas A. Vann

Number of Employees 258

Contact Information

1311 Carolina Ave

Washington, North Carolina 27883

www.firstsouthn...

(252) 946-4178

Peer Companies

NAICS Code Commercial Banking: 522110

Recent Events

First South Bancorp FSBK Declares Quarterly Dividend of 20c, Yielding 6.61%

9/25/09 - Stock Split / Dividend - View Story

News & Analysis

first south bancorp inc. - All News and Analysis

Are Bank Stocks Buyable?

Seeking Alpha - 2008-09-10

The crisis among financials in general and banks in particular is one of the worst-kept secrets around. Less clear, however, is an appropriate investment strategy. Market veterans have seen many groups over the years recover from many crises and know the time to buy is when things still look bleak....

Tags: Financial, Banner Corp., Chemical Financial Corp., Pennsylvania Commerce Bancorp Inc., City Bank, Fannie Mae, Freddie Mac, First South Bancorp Inc., Hanmi Financial Corp., International Bancshares Corp., Lakeland Bancorp Inc., Lehman Brothers Holdings Inc., Lakeland Financial Corp., Pacific Continental Corp., Signature Bank, Santander Bancorp, Shore Bancshares Inc., S & T Bancorp Inc., Texas Capital Bancshares Inc., United Security Bancshares, UCBH Holdings Inc., WestAmerica Bancorporation, Whitney Holding Corp.

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Decision Makers

Name (plus bio)	Position
Thomas A. Vann	President, Director & CEO
James W. Hoose	Executive Vice President, Chief Credit Administrator
Larry W Mallard	Executive Vice President, Chief Operating Officer
Randy Woodson	Executive Vice President and Chief Operating Officer
William L. Wall	Executive Vice President, Chief Financial Officer and Secretary
J Randy Woodson	Executive Vice President Retail Banking
Jerry G. Hannah	Executive Vice President
Mary Boyd	Executive Vice President
Paul Jaber	Executive Vice President Mortgage Operations
Sherry L. Correll	Executive Vice President, Deposit Administration and Support Services
Charles E. Parker	Senior Vice President of the Robinson and Stith Insurance Agency In New Bern
Dennis A. Nichols	Senior Vice President, Neuse Region
Donald B. Strickland	Senior Vice President, Greenville, Nc
Guy P. Williams	Senior Vice President, Tar River Region
James F. Buckman	Senior Vice President, Pamlico Region
Joseph M. Johnson	Senior Vice President, Durham, Nc
Robert C. Pfeiffer	Senior Vice President, Elizabeth City, Nc
Russel A. Lay	Senior Vice President, Albemarle Region
Timothy M. Brown	Senior Vice President, Cape Fear Region
Clyle F. Swanner	Vice President, Washington, Nc
Kenneth W. Marshall	Assistant Vice President, Buxton, Nc
Lori Rozier	Assistant Vice President
Rhonda B. McLeod	Vice President, Hope Mills, Nc
Thomas S. Lewis	Vice President, Rocky Mount, Nc
William P. Stone	Vice President, Lumberton, Nc
Frederick N. Holscher	Partner With the Washington, North Carolina Law Firm of Rodman
Mike Langston	Asset Manager
Rebecca Horton	Customer Service Manager
Kristie W. Hawkins	Executive Vice President, Controller
Brian Tarumoto	Financial Consultant
Chris Harp	Financial Consultant
Don Rudolph	Financial Consultant
Frank Ethridge	Financial Consultant
Tom Proffitt	Regional Leasing Officer
Trina Sebben	Financial Consultant

Board of Directors

Name (plus bio)	Position
Marshall T. Singleton	Chairman
Ashley F. Houser	Board of Directors
Frederick H. Howdy	Board of Directors
H. D. Reaves	Board of Directors
Linley H. Gibbs	Board of Directors
Richard H. Brooks	Board of Directors

Organization	Position	Status
First South Bancorp Incorporated	President, Director & CEO	Current
First South Bancorp Incorporated	Board of Directors	Current
North Carolina State University	Bachelor of Science	Former

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President, Chief Credit Administrator	Current
First South Bancorp Incorporated	Board of Directors	Current
RBC Bank	Senior Vice President of Credit Training	Former
Wayne State University	Degree in Business Administration	Former

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President, Chief Operating Officer	Current
East Carolina University	Bachelor of Science in Business Administration	Former

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President and Chief Operating Officer	Current
First South Bancorp Incorporated	Executive Vice President, Retail Banking	Former
Virginia Polytechnic Institute and State University	BS Degree In Finance and Marketing	Former

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President, Chief Financial Officer and Secretary	Current
First South Bancorp Incorporated	Ex. Vice President, Secretary & Cfo	Current
Beaufort County		Former

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President Retail Banking	Current

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President	Current

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President	Current
First South Bancorp Incorporated	Board of Directors	Current
Corporation Bank		Former
East Carolina University	Bachelor of Science in Business Administration	Former

Mr. Jaber has also graduated from the American Institute of Real Estate Appraisers at the University of North Carolina at Chapel Hill. He is active in the community, serving as a board member of Fannie Mae Partnership, the Nash Community College Foundation, and the Boys and Girls Club of Nash and Edgecombe Counties. He is a commissioner of the Rocky Mount Housing Authority and a member of the Legislation Committee of the Mortgage Bankers Associations of the Carolinas. He is also on the Advisory Board for Communities in Schools of Nash County. He is also a past president of the Mortgage Bankers Associations of the Carolinas and the Charlotte Mortgage Bankers Association.

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President Mortgage Operations	Current
First South Bancorp Incorporated	Board of Directors	Current
Virginia Commonwealth University	Bachelor of Science in Business Administration	Former

Mrs. Correll is responsible for managing Bank Operations, Deposit Operations, Training, and Regulatory Compliance as it relates to deposit operations. She is also responsible for providing retail support to the Bank's branch system.

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President, Deposit Administration and Support Services	Current
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President of the Robinson and Stith Insurance Agency In New Bern	Current
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Neuse Region	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Greenville, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Tar River Region	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Pamlico Region	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Durham, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Elizabeth City, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Albemarle Region	Current

Organization	Position	Status
First South Bancorp Incorporated	Senior Vice President, Cape Fear Region	Current

Organization	Position	Status
First South Bancorp Incorporated	Vice President, Washington, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Assistant Vice President, Buxton, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Assistant Vice President	Current

Organization	Position	Status
First South Bancorp Incorporated	Vice President, Hope Mills, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Vice President, Rocky Mount, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Vice President, Lumberton, Nc	Current

Organization	Position	Status
First South Bancorp Incorporated	Partner With the Washington, North Carolina Law Firm of Rodman	Current
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Asset Manager	Current

Organization	Position	Status
First South Bancorp Incorporated	Customer Service Manager	Current

Organization	Position	Status
First South Bancorp Incorporated	Executive Vice President, Controller	Current
First South Bancorp Incorporated	Treasurer, Controller	Former

Organization	Position	Status
First South Bancorp Incorporated	Financial Consultant	Current

Organization	Position	Status
First South Bancorp Incorporated	Financial Consultant	Current

Organization	Position	Status
First South Bancorp Incorporated	Financial Consultant	Current

Organization	Position	Status
First South Bancorp Incorporated	Financial Consultant	Current

Organization	Position	Status
First South Bancorp Incorporated	Regional Leasing Officer	Current
East Carolina University	Bachelor of Science in Marketing Management	Former

Organization	Position	Status
First South Bancorp Incorporated	Financial Consultant	Current

Organization	Position	Status
First South Bancorp Incorporated	Chairman	Current

Organization	Position	Status
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Board of Directors	Current

Organization	Position	Status
First South Bancorp Incorporated	Board of Directors	Current

FSBK $10.42 +0.12 (1.17% )

Intraday

3 Month

6 Month

1 Year

Average Volume	14,454
Shares Outstanding	9.74M
Market Cap	101.5M
Year High	13.9
Year Low	5.75
Earnings Per Share	0.76
P/E Ratio	13.71
Dividend	0.80
Yield	7.68

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Glass Door

Financial Services Industry Companies

Company	Employer Rating
Wells Fargo	3.3
U.S. Bank	2.9
Bank of America	3.2
Wachovia	3.1
JPMorgan Chase	3.3

IndustryTop Rated

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