It's been a whirlwind six days for
It went public Wednesday, offering 625,000 shares of common stock at
Chief Financial Officer
Foshee said he wasn't discouraged by the stock's price, which was down more than 10 percent since Wednesday.
"If we start focusing on our stock price, we're not going to do what we should be doing," Foshee said.
The company posted a 24.7 percent year-over-year increase in earnings in the first quarter, an arc of rapid growth that has continued since the bank was formed in 2005.
"If (investors) just picked up the story, they wonder if you can continue that growth," Foshee said.
Now that the bank is taking a more aggressive approach, Foshee has been trying to convince investors that it can maintain momentum. He recently returned from meetings in
"You've got to give the same presentation with the same enthusiasm with everyone you meet because everyone's a potential investor, and not just now but in the future," he said.
Both Foshee and Barker said the public offering wouldn't affect local customers in any way.
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