MOCKSVILLE, N.C., June 25 /PRNewswire-FirstCall/ -- Bank of the Carolinas
Corporation (Nasdaq: BCAR) announced today that its Board of Directors has
declared a cash dividend of $0.05 per share of common stock, payable on July
23, 2008, to shareholders of record on July 9, 2008.
Bank of the Carolinas Corporation is the holding company for Bank of the
Carolinas, a state-chartered bank, headquartered in Mocksville, NC, with
offices in Advance, Asheboro, Cleveland, Concord, Harrisburg, King, Landis,
Lexington, and Winston-Salem. Common stock of the company is traded on the
NASDAQ Global Market under the symbol BCAR.
Additional information about Bank of the Carolinas is available on its
website at www.bankofthecarolinas.com .
For further information contact:
Michelle L. Clodfelter
Principal Financial Officer
Bank of the Carolinas Corporation
PO Box 129
Mocksville, NC 27028
(336) 751-5755, ext. 222
SOURCE Bank of the Carolinas Corporation