First Carolina Financial Services, Inc. announced that Steven G. Deaton will retire as Chief Financial Officer and Chief Risk Officer effective January 1, 2027. The company also completed the full redemption of $32.0 million in aggregate principal amount of its Fixed to Floating Rate Subordinated Notes due December 6, 2029. Additionally, management provided estimated net interest margin figures for July through September 2026, showing consolidated NIM estimates ranging from 3.25% to 3.34%. First Carolina Financial Services operates as a bank holding company providing financial services including deposits, loans, and trust services.
