SLCT - Select Bancorp, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD

Select Bancorp, Inc.

700 West Cumberland Street
Dunn, NC 28334
United States
910-892-7080
http://www.selectbank.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees205

Key Executives

NameTitlePayExercisedYear Born
Mr. William L. Hedgepeth IIPres, CEO & Director462.37k49.3k1962
Mr. Mark A. Jeffries CPAExec. VP & CFO241.21kN/A1955
Ms. Lynn Holland JohnsonExec. VP & COO267.91kN/A1963
Mr. David Richard Tobin Jr.Exec. VP & Chief Credit Officer251.55k9451956
Mr. W. Keith BettsExec. VP & Chief Banking Officer258.94kN/A1957
Amounts are as of December 31, 2018 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. Currency in USD.

Description

Select Bancorp, Inc. operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses. The company accepts deposit products, such as non-interest-bearing demand deposits, Money market deposit and NOW accounts, savings accounts, and time deposits, as well as certificates of deposit. Its loan products include 1-to-4 family residential, commercial real estate, multi-family residential, construction, and commercial and industrial loans; loans to individuals; and home equity lines of credit and overdrafts. Select Bancorp, Inc. operates a network of branch offices in Burlington, Charlotte, Clinton, Elizabeth City, Fayetteville, Goldsboro, Greenville, Leland, Lillington, Lumberton, Morehead City, Raleigh, Washington, and Wilmington, North Carolina; and Rock Hill, Blacksburg, and Six Mile, South Carolina. The company was formerly known as New Century Bancorp, Inc. and changed its name to Select Bancorp, Inc. in July 2014. Select Bancorp, Inc. was founded in 2000 and is headquartered in Dunn, North Carolina.

Corporate Governance

Select Bancorp, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 8. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 8; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.