Southern Community Bank
Nasdaq: SCMF
Price $2.01
Change + 0.01
Volume 10,000
Nov 20, 2009 - 4:00 PM ET
 
 Equal Housing Lender : Member FDIC

Board of Directors

F. Scott Bauer
Chairman of the Board, Chief Executive Officer
F. Bauer

In creating the model for what would become Southern Community, Scott Bauer drew from extensive experience. A native of Winston-Salem, Bauer graduated from the University of North Carolina at Chapel Hill with a B.S. degree in Business Administration and later received a Master's degree in banking from the prestigious Stonier Graduate School of Banking at the University of Delaware. He spent the first five years of his banking career at Wachovia Bank before joining Northwestern Bank as a commercial banker. After Northwestern was acquired by First Union, he continued to sell corporate services to middle-market companies. In 1989, Bauer moved to Southern National Bank and later became the bank's city executive in Winston-Salem. Shortly after Southern National Bank was acquired by BB&T, Bauer resigned to devote his time to forming Southern Community

Committee Chair Chair of the Executive Committee
Holdings: 216,065 shares     View Transactions
Date Type Shares Traded Price Range
Nov 17, 2009 Buy 1,000 1.99
Nov 2, 2009 Buy 500 2.30
Sep 24, 2009 Buy 1,000 2.74
Sep 2, 2009 Buy 500 2.54
Aug 11, 2009 Buy 500 3.09
Jul 29, 2009 Buy 500 2.98
Nov 21, 2008 Buy 2,000 3.14
Apr 30, 2008 Option Execute 18,676 4.82
Jun 1, 2007 Sell 3,200 9.50
May 31, 2007 Sell 200 9.50
May 30, 2007 Sell 2,000 9.50
May 22, 2007 Sell 4,500 9.74
May 21, 2007 Sell 11,300 9.75 - 9.80
May 21, 2007 Option Execute 11,300 3.45
May 18, 2007 Sell 1,400 9.78
May 18, 2007 Option Execute 4,400 3.45
May 17, 2007 Sell 3,800 9.75 - 9.80
May 17, 2007 Option Execute 3,800 3.45
May 16, 2007 Sell 2,316 9.77 - 9.80
May 16, 2007 Option Execute 2,316 3.45
May 8, 2007 Sell 9,100 9.95 - 10.00
May 8, 2007 Option Execute 9,100 3.45
James G. Chrysson
James Chrysson

Mr. Chrysson is the co-owner and vice president of C.B. Development Company, a residential and multifamily development company. Mr. Chrysson is on the Board of Directors of the Annunciation Greek Orthodox Church of Winston-Salem. He is currently on the Board of the Ricky Proehl NFL Charity Golf Classic for Amos Cottage and serves on the Board of Amos Cottage Rehabilitation Hospital of the Wake Forest Baptist Medical Center.

Committee Chair Chair of the Nominating and Compensation Committee
Member Member of the Executive Committee
Holdings: 122,214 shares     View Transactions
Date Type Shares Traded Price Range
Sep 8, 2009 Buy 3,000 2.75
Jul 28, 2009 Buy 7,000 2.75
Jan 17, 2007 Option Execute 33,492 3.44 - 4.82
Matthew G. Gallins
Lead Director
Matthew Gallins mgallins@gallins.com

Mr. Gallins is president of Gallins Foods, Inc. He has served as past president of the North Carolina Vending Association and serves on the Board of Old Salem Trustees. Mr. Gallins also serves on the Board of Directors of the Winston-Salem Chamber of Commerce. He was named North Carolina Vendor of the Year 2000 by the North Carolina Vending Association.

Member Member of the Audit Committee
Member Member of the Nominating and Compensation Committee
Holdings: 7,400 shares     View Transactions
Date Type Shares Traded Price Range
Oct 27, 2009 Buy 4,000 2.47 - 2.50
Sep 11, 2008 Buy 400 4.30
Mar 10, 2008 Option Execute 18,676 4.82
Jul 27, 2007 Buy 3,200 7.88 - 7.95
Jul 24, 2007 Buy 2,000 7.84 - 7.85
Jul 24, 2007 Buy 1,800 7.84 - 7.85
Apr 13, 2007 Option Execute 15,916 3.44
Edward T. Brown
Edward Brown

Mr. Brown is a native of Surry County. His businesses include farming and real estate. He is a member of the Shoals Ruritan Club, a member of the Old Belt Board and chairman of the Shoals Recreation Community Center.







Member Member of the Audit Committee
Member Member of the Nominating and Compensation Committee
Member Member of the Executive Committee
James O. Frye
James Frye

Mr. Frye is the former Chairman, President and Chief Executive Officer of The Community Bank. He is a graduate of Clemson University, with graduate degrees from Clemson University and the Stonier Graduate School of Banking. He has served on the Board of Directors of the Bankers Bank in Atlanta, is a trustee for the College Foundation, Inc. and has served on the Board of Directors of the North Carolina Bankers Association. Mr. Frye currently serves by appointment of the Governor as a member of the State Banking Commission.

Holdings: 353,699 shares     View Transactions
Date Type Shares Traded Price Range
Sep 24, 2007 Acquisition (Non Open Market) 874 8.40
Oct 16, 2006 Acquisition (Non Open Market) 1,748 9.96
Lynn L. Lane
Lynn Lane lynnlane@suddenlink.net

Ms. Lane retired in August 2004. She is the former senior vice president and treasurer of R.J. Reynolds Tobacco Holdings, Inc. (now Reynolds American, Inc.), Winston-Salem, N.C. She also serves on the Board of Trustees for Greensboro College and the Board of Directors of the East Carolina University Foundation.



Committee Chair Chair of the Audit Committee
Member Member of the Nominating and Compensation Committee
H. Lee Merritt Jr.
H. Merritt

Mr. Merritt is a self-employed attorney at law with a practice based in Mount Airy. He serves on the Board of Trustees for Northern Hospital of Surry County and serves on the Board of Directors of Renfro Corporation.

Member Member of the Nominating and Compensation Committee
Holdings: 10,352 shares     View Transactions
Date Type Shares Traded Price Range
Nov 26, 2008 Buy 3,724 3.25
Dec 24, 2007 Buy 1,300 6.63
Jul 3, 2006 Option Execute 1,462 3.89
William G. Ward Sr.
William Ward

Dr. Ward is an orthopedic surgeon at Wake Forest Baptist Hospital and professor of orthopedics at Wake Forest Baptist Medical Center. He coaches in the Optimist Soccer League. In 1983, Dr. Ward was a founding director of Lincolnton Bank in Lincolnton, North Carolina

Member Member of the Executive Committee
Holdings: 81,906 shares     View Transactions
Date Type Shares Traded Price Range
Nov 26, 2008 Buy 2,000 2.52 - 2.95
Nov 20, 2008 Buy 3,300 3.02 - 3.05
Nov 20, 2008 Buy 3,500 3.02 - 3.09
Dec 14, 2007 Buy 1,000 6.78
Dec 14, 2007 Buy 2,500 6.78
Dec 10, 2007 Buy 3,500 6.73 - 6.77
Aug 31, 2007 Buy 1,950 7.65 - 7.71
Aug 30, 2007 Buy 180 7.38
Aug 30, 2007 Buy 600 7.38
Jul 3, 2007 Option Execute 8,676 4.82
Jun 20, 2007 Option Execute 10,000 4.82
Apr 17, 2007 Option Execute 5,916 3.44
W. Samuel Smoak
W. Smoak

Mr. Smoak retired in July, 2004 as president of the Pleasants Group, the nation's largest distributor of architectural doors and related hardware. He is a Certified Public Accountant and formerly served as Chief Financial Officer of both private and publicly held corporations. He is presently an officer and director of the North Carolina School of the Arts Foundation, Inc.

Member Member of the Audit Committee
Holdings: 9,000 shares     View Transactions
Date Type Shares Traded Price Range
Jul 30, 2009 Buy 4,000 2.72 - 2.73
Nov 7, 2007 Buy 2,000 7.61 - 7.76
Jul 25, 2007 Buy 1,000 8.08 - 8.09
Beverly Hubbard Godfrey
Beverly Godfrey

Beverly Hubbard Godfrey is the newest member of the board of directors. President and CEO of Coldwell Banker Triad Realtors, one of the Triad's largest real estate firms, she is a 28 year veteran of the real estate industry. Soon after graduating from Salem College with a degree in psychology she joined Hubbard Realty, which her father founded in 1950. She now presides over a company with some 350 sales agents in seven locations.

Holdings: 3,466 shares     View Transactions
Date Type Shares Traded Price Range
Feb 20, 2007 Disposition (Non Open Market) 200 10.48
Jan 24, 2007 Statement of Ownership 0 n/a
Stephen L Robertson
Stephen Robertson

Mr. Robertson is President and CEO of Robertson Airtech International, headquartered in Charlotte, NC, providing engineering, design, fabrication, installation and service of refrigeration, air conditioning, air filtration, and compressed air control systems across a broad spectrum of applications. He has served in this capacity since 1991. Prior to his involvement with Robertson Airtech International, Mr. Robertson spent eighteen years in the telecommunications and radio and television broadcast industries, with New Market Media Corporation and Summit Communications. He serves on various corporate and non-profit organizations' boards including Wake Forest University Baptist Medical Board of Directors, North Carolina Baptist Hospital Board of Trustees, Lead International Board of Directors, Davie County Emergency Health Corporation Board of Trustees, Davie County Economic Development Commission Board Member and several other non-profit boards located in the Triad, North Carolina area.