Southern First Promotes Wes Wilbanks to Chief Credit Officer
Rhea-AI Summary
Southern First Bancshares (NASDAQ: SFST) has announced the promotion of Wes Wilbanks to Chief Credit Officer and Executive Vice President. Wilbanks, who joined the company in 2021 as Senior Credit Risk Officer, brings 25 years of banking experience to the role.
The bank, which operates in 13 locations across South Carolina, North Carolina, and Georgia, has consolidated assets of approximately $4.1 billion. Southern First Bank serves the Greenville, Columbia, and Charleston markets of South Carolina, the Charlotte, Triangle and Triad regions of North Carolina, and Atlanta, Georgia, positioning itself as the second largest bank headquartered in South Carolina.
Positive
- Second largest bank headquartered in South Carolina
- Substantial presence with $4.1 billion in consolidated assets
- Strategic market coverage across three states
Negative
- None.
News Market Reaction – SFST
In the trading session that priced this news, SFST declined 5.11%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Wilbanks joined the Southern First team in 2021 as Senior Credit Risk Officer, focusing on supporting relationship growth as well as overall loan portfolio administration and management. A 25-year banking veteran, he is also a graduate of the South Carolina Bankers School and LSU Graduate School of Banking. Before joining Southern First, Wilbanks spent the prior 11 years with a regional bank in a variety of senior credit roles after starting his career in relationship management. As Chief Credit Officer, Wilbanks is excited to continue supporting the growth and risk management goals of Southern First and its team of bankers in delivering exceptional service to clients.
"Wes has been an effective and dedicated leader to our credit team in his tenure, and we are excited to have him step into this new role to create additional positive impact on our company," said Art Seaver, Chief Executive Officer.
About Southern First Bancshares
Southern First Bancshares, Inc.,
Media contact: Art Seaver, aseaver@southernfirst.com
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SOURCE Southern First Bancshares, Inc.