Meeting with meaning
The Chamber Women’s Business Network will hold its annual “Meeting with a Meaning” luncheon from 11 a.m. to 1 p.m. Thursday, Nov. 13, at Hinnant Family Vineyards, 826 Pine Level-Micro Road, Pine Level.
The following will share their stories of family, sacrifice and accomplishments: Beth Briggs, executive director of Dress for Success Triangle, which helps women find and maintain employment; and Ashley Briggs, executive director of Bridge II Sports, a sports club for people with physical disabilities. Stacy Beard will moderate the panel discussion. She is Clayton’s public information officer.
The cost is $30 for members of the Smithfield-Selma Chamber of Commerce and $35 for all others. For more information, call Kelly Wallace at 919-934-9166 or email firstname.lastname@example.org.
Four Oaks Financial Services, a division of Four Oaks Bank, has welcomed James R. “Rick” Lowe as its newest financial adviser.
A native of Kentucky, Lowe is a graduate of Morehead State University, where he earned his bachelor’s degree in business administration and played baseball for four years.
Lowe, who has four years of experience as a financial adviser, specializes in financial planning and retirement planning.
“The bank is very excited about Rick joining the Financial Services team,” said Chris Vasques, senior vice president and manager of Four Oaks Financial Services. “His experience and dedication to client-focused solutions blends perfectly with our growth strategies and commitment to the communities we serve.”
Lowe is a member of the Raleigh Sports Council and serves on the fundraising committee for the Ronald McDonald House of Durham.
He and his wife, Tara, have two young daughters. They reside in Raleigh. For more information, email email@example.com or call 919-215-5086.
Bank’s earnings fall
First Citizens BancShares Inc. has reported third quarter earnings of $26.4 million, down from $41 million a year ago, according to Frank B. Holding Jr., chairman of the board.
Per-share income for the third quarter of 2014 totaled $2.74, compared to $4.26 for the same period a year ago. The bank attributed the decline to provisions for loan and lease losses.
Bank loses $8.6 million
Four Oaks Fincorp, the holding company for Four Oaks Bank & Trust, has reported an $8.6 million loss for the third quarter. A year ago, the bank earned $79,000 in the same quarter.
The bank attributed the loss largely to charge-offs and write-downs.
Photography studio supporting orphanage
Clayton resident and Smithfield business owner Stacy Borelli returned from Haiti this summer with a mission – to help the children of Yahve-Jire Children’s Orphanage in Haiti. She plans to give the orphanage a portion of the proceeds from her business, Swank Photo Studio.
Yahve-Jire, which means “God provides” in Creole, is a school and an orphanage for some of the poorest and most at-risk children in the world, Borelli notes.
Swank Photo Studio will donate 30 percent of its income to the orphanage, with the goal of increasing that to 50 percent. Also, the studio is also offering Hearts for Art, a direct donation program to aid in the development of an art curriculum for the orphanage.
Swank Photo Studio, located at 108 S. Third St. in downtown Smithfield, specializes in weddings and portraits for families, high school seniors, brides and babies. For more information, call 919-602-1050, email firstname.lastname@example.org or visit swankphotostudio.com.
Amber Straley has been promoted to retail lender in the Smithfield office of Four Oaks Bank & Trust.
She joined the Smithfield office in 2007 as a loan processor. Since then, she has worked in the bank’s administrative office, most recently as assistant credit analyst.
A native of Smithfield, Straley attended Smithfield-Selma High School and East Carolina University. She is enrolled in the N.C. School of Banking in Chapel Hill, where she has completed the first year of the four-year program.
“I am excited to return to the Smithfield office in this new capacity,” Straley said. “I am looking forward to getting reacquainted with former customers and the opportunity to get to know new customers.”
She and her husband Chris reside in Smithfield with their young son Harrison.