Pee Dee

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Pee Dee


Great Pee Dee,

river, c.435 mi (700 km) long, rising in the Blue Ridge, W N.C., and flowing NE then SE to Winyah Bay, S.C. It is called the Yadkin until it is joined by the Uharie River W of Troy, N.C. Several hydroelectric power plants are on the river in North Carolina.
References in periodicals archive ?
These increases are primarily attributable to the Company's growth, including the April 1, 2008 acquisition of Great Pee Dee.
The Company completed the acquisition of Great Pee Dee Bancorp on April 1, 2008, which had $188 million in loans, $148 million in deposits, and $213 million in assets on that date.
8 million that the Company recorded for the non-impaired loans associated with the Great Pee Dee acquisition.
Ocheltree also spoke about the recent acquisition of Great Pee Dee Bancorp, and Sentry Bank & Trust, its bank subsidiary, "I would again like to welcome the customers of Sentry Bank & Trust to the First Bank family.
Jerry Ocheltree, President and CEO of First Bancorp, stated, "We are happy that this combination with our friends at Great Pee Dee is now official.
John Long, President and CEO of Great Pee Dee, stated, "We are very pleased with this merger with First Bancorp.
Actual results may differ materially due to such factors as: (1) expected cost savings from the merger not materializing within the expected time frame; (2) revenues following the merger not meeting expectations; (3) failure to retain the customer bases of the two institutions following the merger; (4) competitive pressures among financial institutions increasing significantly; (5) costs or difficulties related to the integration of the businesses of First Bancorp and Great Pee Dee Bancorp, Inc.
We expect the merger of Great Pee Dee with First Bancorp to be completed on April 1, 2008.
Great Pee Dee is the holding company for Sentry Bank and Trust, a three- branch community bank headquartered in Cheraw, South Carolina, with two branches in Cheraw and one branch in Florence, South Carolina.
First Bancorp and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Great Pee Dee in connection with the merger.
Sentry Bank & Trust, the sole subsidiary of Great Pee Dee Bancorp, Inc.
There are a number of important factors that have been outlined in previously filed documents with the Securities and Exchange Commission, and other factors that could cause Great Pee Dee Bancorp, Inc.

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