Clayton News-Star

Business Notes: May 20

Bank reports higher earnings

First Citizens BancShares Inc. has reported first quarter income of $63.8 million, up from $22.5 million in the first quarter of last year. Per-share income was $5.31, up from $2.34 in the same period a year ago. Earnings for the first quarter included a gain of $337.6 million from the acquisition of Capital City Bank & Trust Co. in Atlanta.

KS Bank income climbs

KS Bancorp has reported first quarter income of $322,000, or 25 cents a share. A year ago, first quarter income was $101,000, or 8 cents share.

Chambers to host reception

The Johnston County Association of Chambers of Commerce will host a reception for state and U.S. lawmakers from 5 to 7 p.m. Thursday, May 21, at Broadslab Distillery, 4870 N.C. 50 South, Benson. For more information, call 919-934-9166.

Free seminars

Johnston Community College will offer the following free small-business seminars. For more information, call Pat Killette at 919-209-2015 or email

What are NonProfit Articles & Bylaws? – 6-9 p.m. Tuesday, May 26, at the Johnston County Workforce Development Center, 135 Bestwood Drive, Clayton.

So You Think You Want to Start a Small Business – 6-9 p.m. Thursday, May 28, at the Johnston County Workforce Development Center, 135 Bestwood Drive, Clayton.

Online Entrepreneurship Training – available online until June 30.

Award recipient

Johnston County native Kim Wiggs Gamlin has received an award from the U.S. Small Business Administration.

Gamlin is director of the Small Business Center at Brunswick Community College in Leland. The SBA honored her for building relationships and collaborative efforts that support small businesses and for fostering economic development in Brunswick County.

“The SBC network has been an important resource for hundreds of businesses in Brunswick County,” Gamlin said. “This service acts as a sounding board for new ideas or concerns entrepreneurs have about their small business. I am honored to be part of such an effective collaboration between Brunswick County resource partners and the college.”

Congress created the SBA in 1953 to aid, counsel, assist and protect the interests of small business concerns; to preserve free competitive enterprise; and to maintain and strengthen the overall economy of the nation.

“We recognize that small business is critical to our economic recovery and strength, to building America’s future and to helping the United States compete in today’s global marketplace,” the SBA said in a statement. “Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same: The SBA helps Americans start, build and grow businesses.”

Gamlin worked at Johnston Community College for 17 years.