RALEIGH, N.C., May 28, 2015 – Bob Hatley, president and CEO of Paragon Bank was recently named chairman of the 2015-2016 North Carolina Bankers Association (NCBA) board of directors, which goes into effect June 2, 2015. Rick Callicut, president and CEO of Bank of North Carolina in High Point will serve as vice chair. Additionally, incoming board members will include the following:

• Wendell Begley, president and CEO of Black Mountain Savings in Black Mountain

• Scott Custer, president and CEO of Yadkin Bank in Raleigh

• Ron Day, president and CEO of First Carolina Bank in Rocky Mount

• Mark Holmes, president and CEO of Cornerstone Bank in Wilson

• Bob Reid, president and CEO of CommunityOne Bank in Asheboro, and

• Pressley Ridgill, president and CEO of NewBridge Bank in Greensboro, and

• Kari Stoltz, market president for the Triangle region of Bank of America in Charlotte

Mike Ayotte, president and CEO of Morganton Savings Bank in Burke County, served as chairman of the 2014-2015 board of directors and will serve as past chairman for the 2015-2016 term.

“We are excited to announce the incoming board of directors for the 2015-2016 term,” said Peter Gwaltney, president and CEO of the NCBA. “This group of passionate, hard-working and innovative bankers will undoubtedly serve as wonderful advocates to the organization and its membership. We are very grateful for the tremendous service of the 2014-2015 board of directors under the leadership of past chairman Mike Ayotte, and we look forward to working cohesively with the incoming board to continue to serve our membership the best we possibly can.”

“I am very grateful for the opportunity to serve the North Carolina Bankers Association as its incoming chairman,” said Hatley. “After spending the last 30-plus years in the banking industry, I look forward to advocating on behalf of the NCBA’s robust membership and feel honored to serve the NCBA in its mission to provide advocacy, leadership and support to North Carolina bankers as we confront many regulatory obstacles, opportunities and economic challenges in our state.”

ABOUT PARAGON BANK:

Founded in Raleigh, North Carolina, in 1999, Paragon Commercial Corporation, the holding company for Paragon Bank with assets of $1.3 billion, provides a private banking experience to small and middle market companies, nonprofit organizations, law firms and title companies as well as professionals, executives, entrepreneurs and other individuals. Paragon’s commitment to an extraordinary client experience is built on the philosophy that clients deserve well prepared bankers who are present and fully available, and proactive about helping clients achieve their goals. Banking services are provided through highly responsive professionals, an extensive courier service, online and mobile technologies, free worldwide ATM access, and a select number of strategically placed offices in Raleigh, Cary and Charlotte, North Carolina. For more information, visit http://ParagonBank.com.

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