Reports Q1 Net charge-offs 785,000 vs. $122,000 in the previous quarter. Billy Carroll, President & CEO, stated: “Our company started 2024 with nice momentum. The Q1 was highlighted by continued growth in both loans and deposits, each growing 4% and 12%, respectively, along with expense discipline and focus on operating leverage improvement. The investments we’ve made over the last few years have positioned us well and with a margin inflection point on the horizon, we remain very bullish.”
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