Suzanne S. DeFerie, 69, served as Executive Vice President and Regional President for the Asheville Region of First Bank until her retirement in 2019. As part of the merger of ASB Bancorp with the Company in 2017, she joined the Board of Directors of the Company. She served as the President and Chief Executive Officer of ASB Bancorp and Asheville Savings Bank, its banking subsidiary, from 2008 until ASB Bancorp s merger with the Company. Ms. DeFerie holds a CPA license and is active in the banking industry and the Asheville community, currently serving on the Board of Directors of the Federal Home Loan Bank of Atlanta (serving as Vice Chair), ANC Health Care (formerly Mission Health System), and the Asheville Area Chamber of Commerce Community Betterment Foundation. Ms. DeFerie has been designated as an audit committee financial expert in accordance with SEC regulations. Ms. DeFerie brings to our Board extensive experience in the banking and finance industry and has held numerous leadership positions throughout her professional and volunteer career.