Carolina Financial Corporation operates as a bank holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company operates in Community Banking and Wholesale Mortgage Banking segments. It offers checking accounts, commercial accounts, savings accounts, money market accounts, retirement accounts, longer-term certificates of deposit, noninterest-bearing demand accounts, and interest-bearing demand accounts to individuals, businesses, associations, organizations, and governmental authorities. The company also provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, and consumer loans to individuals, small to medium-sized businesses, and professional firms. In addition, it offers mortgage banking services comprising correspondent lending and loan servicing. The company operates 30 branches, including 8 in the Charleston market, 8 in the Myrtle Beach market, 2 in the Columbia market, 1 in the Greenville market, 1 in another South Carolina market, 2 in the Wilmington market, and 8 in southeastern North Carolina markets. It also operates loan production offices in Greenville and Clemson. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.