Spartanburg-based Carolina Alliance Bank reported Monday its net income rose to $2.1 million for the quarter ended June 30, a nearly 11 percent increase compared with $1.9 million during the same period of 2016.
CCNB has hired Jimmy Kimbell as senior vice president and Upstate market executive to lead this initiative. As a part of this new LPO team, Andrew Howard joins CCNB as vice president and commercial relationship manager.
United Community’s headquarters is in Blairsville, Ga., but seven out of 10 members of its executive team work in Greenville, including Lynn Harton, president and chief operating officer, and Jefferson Harralson, chief financial officer.
Spartanburg-based Carolina Alliance Bank said its net income for the year was $4.1 million, compared with $1.8 million in 2015. The bank attributed the increase to its merger with PBSC Financial Corp. and Pinnacle Bank of South Carolina, which closed in October 2015.