Mountain 1st Bank & Trust Company (OTC Bulletin Board: MOBT) announced that the Bank has surpassed $600 million in assets.
Commenting on this news, Greg Gibson, CEO stated, "We are pleased to report the continued growth of Mountain 1st to our shareholders and customers. After reaching $500 million in March of this year, we are particularly glad to have reached our next goal of $600 million prior to the end of this, our third full year of operation."
"We believe that the continued growth and profitability of Mountain 1st underscores the acceptance of the value proposition of our community banking model by the markets we serve. We look forward to the opportunities in the coming year to bring our style of banking to more markets in western North Carolina." -- Mountain 1st Bank & Trust Company
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