Table of Contents June 2014
Why Rick Callicutt thinks his and other community banks are fertile ground for outside private equity.
By David Mildenberg
In his senior year at High Point University, Rick Callicutt, who is 6-foot-3, cleared a bar 3 inches shy of 7 feet, which he says proves some white men can jump. Now, 34 years after he set a school record for the high jump that still stands, his BNC Bancorp might be positioned to leap from a small community lender to a regional powerhouse.
Big gains for small banks
Community banks show resilience on our ranking of the largest financial institutions based in the state.
Playing to pet peeves
Wrapping dogs to calm their anxiety sounded bizarre to Phil Blizzard. Now he hears the ring of cash registers.
It's a hit
Minor-league baseball bounces back to the Queen City as a downtown stadium debuts to a sell-out crowd.
Photography by Chris Keane
The Charlotte Knights won its 2014 home opener in 2012. That’s when the club persuaded the City Council to pay $8 million toward construction of a $54 million stadium downtown. (Mecklenburg County already had agreed to pitch in that amount.) Across the state line in suburban Fort Mill, S.C., where the team had played home games since 1990, the Knights drew about a quarter of a million people each year, less than half what the league leader attracted. Moving downtown, a team-purchased study predicted, would boost attendance to 600,000. So far, so good. The Knights — Chicago White Sox’s Triple-A affiliate — opened 10,200-capacity BB&T Ballpark April 11. Tickets, which ranged from $8 to $18, sold out in two hours.
Fan of an uncommon man.
Free & Clear
Of primaries' importance.
Standards test core values.
Special Advertising Sections and Publications
Energy Round Table: Flipping the switch
Renewables have shown their importance to the North Carolina energy industry, but their growth requires clearer policies and better technology.