North State Bank Mortgage Expands to Hickory with Mortgage Veteran Jamie Harrington

RALEIGH, NC . . .As 2012 came to a close,North State Bank Mortgage, a division of North State Bank, quietly and effectively expanded into western North Carolina through the hiring of 17-year mortgage veteran Jamie Harrington and her staff with the former United Carolina Group, according to Ken Sykes, president of North State Bank Mortgage.

"We are pleased to have started a new year with Jamie and her staff as part of our team," Sykes shared. "They grew United Carolina Group from an idea to a mortgage lending firm known for expertise and service. We believe as part of North State Bank Mortgage they will continue to grow in Hickory, and will be instrumental in expanding our name and reach beyond their current market area and certainly beyond ours."

Harrington, now a mortgage originator for North State Bank Mortgage, was the founder of United Carolina Group-Mortgage Planners. She became involved in the mortgage industry 20 years ago while owning and operating a CPA firm. Her mortgage business quickly grew and she ultimately sold her accounting firm to completely devote her time to the residential mortgage business. An experienced real estate investor, she is licensed as a certified public accountant (CPA) in the state of North Carolina, as well as being licensed as a mortgage loan originator by the North Carolina Commissioner of Banks. She holds a degree in accounting from Lenoir Rhyne University in Hickory, NC, having graduated summa cum laude. She and her husband, Lanny, live in Taylorsville, NC, where she attends Pleasant Hill Baptist Church and heads a ministry called All Things Possible, raising money to help the needy in Alexander County by buying food, paying utility bills, and assisting with temporary shelter.

According to Harrington, "We embrace a lot of the same philosophy for doing business that I have found at North State Bank Mortgage and North State Bank. As I looked at what our next step would be, it was important to me to be part of a North Carolina-based community bank. North State Bank is focused on serving customers at a higher level than its competitors and so are we. We are just beginning to enjoy the benefits of this relationship. Our client base and new customers will reap benefits as well. This is an exciting time for us."

With offices at 1730 N. Center Street, North State Bank Mortgage in Hickory has three staff members: Jamie Harrington, Martha Conrad, and Ryan Conrad. The team proudly serves as the Homes for Heroes® lender in Hickory and the surrounding market area.

###

About North State Bank Mortgage:

North State Bank Mortgage is the mortgage lending division of North State Bank. The former Raleigh-based Affiliated Mortgage became North State Bank Mortgage in early 2010 and has continued its legacy of customer-first service.   

About North State Bank:

Founded in 2000, North State Bank, a wholly-owned subsidiary of North State Bancorp ("the Company" - NSBC), is a full-service community bank serving Wake and New Hanover Counties through seven full-service offices.

About Homes for Heroes®

"Homes for Heroes" is a company that works with realtors, lenders and other real estate-related service providers to offer rebates and discounts to the heroes who serve us every day. Heroes include military personnel, firefighters, law enforcement officers, and others who make communities a better place to live. The program was created after the tragic events of 9/11 as a way to thank the men and women who have given so much. Heroes across the country register on the Homes for Heroes website to take advantage of savings, and are then matched with Homes for Heroes Affiliates in their area.

This news release may contain forward-looking statements. Actual results might differ materially from those projected in the forward-looking statements for various reasons, including changes in real estate values and the real estate market, economic conditions, regulatory changes, changes in interest rates, substantial changes in financial markets, our ability to manage growth, and loss of deposits and loan demand to other savings and financial institutions. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Company's SEC filings, including its periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from the Company.

distributed by