2014

First South Bancorp, Inc. Declares Quarterly Cash Dividend

WASHINGTON, N.C., April 25, 2014 /PRNewswire/ -- First South Bancorp, Inc. (NASDAQ: FSBK) (the "Company"), the parent holding company of First South Bank (the "Bank"), reports that on April 24, 2014 the Company's Board of Directors declared a quarterly cash dividend of $0.025 per share, payable May 15, 2014 to shareholders of record as of the close of business on May 5, 2014. 

First South Bank has been serving the citizens of eastern and central North Carolina since 1902 and offers a variety of financial products and services to business and individual customers. The Bank operates through its main office headquartered in Washington, North Carolina, and has 26 full service branch offices located throughout eastern and central North Carolina.

The Bank also provides a full menu of leasing services through its wholly-owned subsidiary, First South Leasing, LLC. In addition, under its First South Wealth Management division, the Bank makes securities brokerage services available through an affiliation with an independent broker/dealer.

Additional First South Bancorp, Inc. investor information may be accessed on our website at www.firstsouthnc.com

The Company's common stock symbol as traded on the NASDAQ Global Select Market is "FSBK".

Statements contained in this release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.

(NASDAQ: FSBK)

For More Information Contact:
Bruce Elder (CEO) (252) 940-4936
Scott McLean (CF0) (252) 940-5016
Website: www.firstsouthnc.com

SOURCE First South Bancorp, Inc.



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