Deal Summary
McColl Partners served as exclusive financial advisor to American Community Bancshares, Inc. (Nasdaq Small Cap: ACBA) in its acquisition of FNB Bancshares, Inc. (Nasdaq OTC Bulletin Board: FNBC), the holding company for First National Bank of the Carolinas based in Gaffney, South Carolina. Phil Colaco and Brad Winer led McColl Partners’ execution of this transaction and were supported by Colby Schwartz and Justin Cunningham.

The merger enabled American Community, based in Charlotte, NC, to expand into the South Carolina market. The combined company has $357.9 million in total assets, $272.3 million in total deposits, and shareholders equity of $31.9 million. “We are very excited about our entry into South Carolina through a combination with such a fine institution as First National Bank of the Carolinas,” said Randy Helton, President of American Community Bancshares, Inc. “With these new offices, we will continue to develop strong consumer and small business relationships. This merger also provides an outstanding opportunity to start expanding our footprint into other promising South Carolina markets.”

About American Community Bancshares
American Community Bancshares, Inc. is the holding company for American Community Bank, which is headquartered in Charlotte, NC. American Community Bank provides a wide assortment of traditional banking and financial services offered with a high level of personal attention. American Community Bancshares’ stock is traded on the Nasdaq Small Cap market under the symbol ACBA with stock warrants traded under ACBAW.

About McColl Partners
McColl Partners is an independent investment banking firm specializing in the needs of management
and owners of middle-market companies. With significant experience working with entrepreneurs,
family-owned businesses, public companies, private equity groups, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

To learn more about our expertise in the financial services industry, please call Phil Colaco at
704-333-0533. More information about McColl Partners can be found at www.mccollpartners.com.