Since opening in November of 1998, we have accomplished the following:

• Grown the bank to almost $500 Million in assets with a compound annualized growth rate of 31.3% since 1999;
• Assembled a management team consisting of resident bankers from local markets who each have over 25 years of banking experience;
• Assembled an experienced and diverse board of directors that provides strategic expertise unique to a community bank of our size;
• Completed the acquisition in 2004 of FNB Bancshares, Inc. and its subsidiary, First National Bank of the Carolinas, Gaffney, SC, thus giving us branch expansion opportunities into South Carolina;
• Currently operating thirteen (13) full service banking offices throughout North and South Carolina;
• Stock listed on the Nasdaq Global Market under the symbol ACBA;
• Developed a local identity in the communities we serve by sponsoring a wide variety of civic and charitable events;
• Implemented a shareholder dividend reinvestment program and stock purchase plan;
• Implemented a stock repurchase plan;
• Annualized return to initial shareholders of approximately 13% over the last eight years;
• Currently paying a cash dividend yield of 1.80%.