McColl Partners, LLC acted as financial advisor to American Community Bancshares, Inc. ("American Community") (Nasdaq Small Cap: ACBA) in its acquisition of FNB Bancshares, Inc. (Nasdaq:FNBC), the holding company for First National Bank of the Carolinas based in Gaffney, South Carolina.  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. 

About American Community Bancshares, Inc.

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

About McColl Partners, LLC

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 private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Financial Services Group, please contact Phil Colaco at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.