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CresCom Bank Welcomes Ryan Barnes as New VP and Commercial Loan Officer

CHARLESTON, S.C., Feb. 21, 2017 – CresCom Bank, the community-banking leader within the Carolinas, is pleased to welcome Ryan Barnes as its new vice president and commercial loan officer for the Columbia branches.

Barnes joins CresCom Bank with nine-years of experience in the banking industry. Prior to CresCom Bank, he worked at the Business Development Corporation of South Carolina where he served as a loan portfolio manager for the State Small Business Credit Initiative Commercial Lending Program. Barnes also worked with NBSC as a branch manager. Barnes holds a bachelor’s degree in business administration, marketing and management from the University of South Carolina.

“We are excited to have Ryan join the CresCom Bank team,” said David L. Morrow, CEO of CresCom Bank. “The experience he will bring to the company will provide leadership to help continue growth and excellent customer service for our customers.”

About CresCom Bank

CresCom Bank, a leader in community banking, is dedicated to providing exceptional customer service and quality products to the communities it calls home, and prides itself on its strong knowledge of local business and economic trends. Currently, CresCom Bank has 30 branch locations throughout the Carolinas. CresCom Bank also owns and operates Crescent Mortgage Company, which lends in 45 states, partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs. In 2015, Carolina Financial Corporation (NASDAQ: CARO) ranked #1 on American Banker’s list of “Top 200 Community Banks and Thrifts as Ranked by Three-Year Average ROE.” It was also added to the Nasdaq Community Bank Index (ABAQ) by the American Banker’s Association. As of Dec. 31, 2016, Carolina Financial Corporation had approximately $1.7 billion in total assets.

To learn more about CresCom Bank, call 1-855-CRESCOM. Stay current on bank news and happenings on social media: www.facebook.com/CresComBank and www.twitter.com/CresComBank.

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