Richard A. Holder Joins the little bank Corporate Board
Posted: 07-28-2009 : KINSTON, N.C.

KINSTON, N.C. -- The little bank (OTCBB: LTLB) has announced that Richard A. Holder has been elected to serve on the company’s Corporate Board of Directors.

Holder is the President of Harvey Fertilizer & Gas Company headquartered in Kinston, NC where he is involved in the management of various crops including cotton, tobacco, corn, soybeans, and produce.

Holder is a Graduate of the University of North Carolina at Chapel Hill with an A.B. degree. Holder serves as a Director and former Chairman of the Golden L.E.A.F. Foundation, former Director of the Southeastern Cotton Ginners Association, Director of the North Carolina Cotton Producers Association, Director of the North Carolina Agricultural Finance Authority, as well as a Director and current Chairman of the Lenoir County Salvation Army.

“We are very fortunate to have Rick Holder join our team," said Rob Jones, President & CEO of the little bank. “His experience, business background and involvement in Eastern North Carolina and throughout the state of North Carolina will play a significant role in the little bank’s future success and growth. Rick shares our vision and certainly complements the strengths of our existing board.”

“I am very excited about the opportunity to join the little bank board,” Holder said. "Along with my fellow directors, we believe there is a tremendous opportunity in Eastern NC for a community bank that specializes in customer service and providing high quality products and services to business and consumer customers. I am excited about being a part of the little bank that has a desire to truly impact Eastern NC.”

The little bank was founded by a group of prominent Eastern North Carolina businessmen in November of 1998. The Bank's guiding principal is that old fashion personal service is as valuable today as it was 100 years ago. The little bank prides itself at being big enough to handle customer needs and small enough to know what those needs are.

Today, the little bank has six branches in Kinston, LaGrange, Goldsboro, Jacksonville, Greenville, and New Bern. The little bank is a full service banking institution, providing everything from complicated commercial lending transactions to basic mortgage financing for primary and secondary homes. In addition, the little bank offers a full array of deposit services to handle every business and personal need. The little bank has total assets of $306 million.