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Tuesday, December 1, 2009, 3:06PM ET - U.S. Markets close in 54 mins.. Dow Up 1.24% Nasdaq Up 1.46%
First South Bancorp Inc. (FSBK)At 2:43PM ET: 10.11  Up 0.04 (0.40%)  
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First South Bancorp Inc.
1311 Carolina Avenue
Washington, NC 27889
United States - Map
Phone: 252-946-4178
Fax: 252-946-3873
Web Site: http://www.firstsouthnc.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:258

BUSINESS SUMMARY 
First South Bancorp, Inc. operates as the bank holding company for First South Bank that provides commercial banking services in North Carolina. It generates various deposit products, including checking accounts, money market accounts, statement savings accounts, individual retirement accounts, and certificates of deposit. The company also originates loan products, such as residential mortgage loans, including single-family residential, multi-family residential, and construction loans; commercial loans and leases for commercial real estate, commercial construction, commercial business, and lease receivables; consumer loans comprising automobile, savings account loans, certificate of deposit loans, home equity loans, and unsecured loans; and loans secured by first mortgages on owner-occupied, single-family residences. In addition, First South Bancorp provides securities brokerage services. As of June 3, 2009, it had 28 full service branch offices and 1 loan production offices. The company was founded in 1959 and is headquartered in Washington, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    First South Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 29.6% of Russell 3000 companies and 43.4% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Thomas A. Vann , 59
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of First South Bank, Pres of First South Bank of First South Bank
    $ 506.00K $ 8.02M
    Mr. William L. Wall , 62
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec., Chief Financial Officer of First South Bank, Exec. VP of First South Bank and Sec. of First South Bank
    $ 147.00K $ 101.00K
    Mr. J. Randy Woodson , 47
    Chief Operating Officer and Exec. VP
    $ 200.00KN/A
    Mr. John F. Nicholson Jr, 57
    Chief Credit Officer, Exec. VP, Chief Credit Officer of First South Bank and Exec. VP of Credit Admin. - First South Bank
    $ 145.00KN/A
    Mr. Paul S. Jaber , 52
    Exec. VP of Mortgage Lending - First South Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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