VantageSouth Bancshares, Inc. Announces Date for Third Quarter 2013 Earnings Release and Conference Call

VantageSouth Bank Logo

RALEIGH, N.C., Oct. 18, 2013 (GLOBE NEWSWIRE) -- VantageSouth Bancshares, Inc. (NYSE MKT:VSB), the holding company for VantageSouth Bank, announced today that financial results for the third quarter of 2013 will be released on October 30, 2013 before the market opens. Management will host a conference call at 10:00 a.m. Eastern Time that same day to discuss the Company's financial results.

The call may be accessed by dialing (800) 734-8583 and requesting the VantageSouth Bancshares Third Quarter 2013 Earnings Call. Listeners should dial in at least 10 minutes prior to the start of the call.

A webcast of the conference call will be available online at and following the links to Investor Relations, Investor News & Events, Presentations. A replay of the call will be be available through November 28, 2013 by dialing (800) 633-8284 or (402) 977-9140 and entering reservation number 21682075.

VantageSouth Bancshares, Inc., headquartered in Raleigh, North Carolina, is the parent company of VantageSouth Bank, a state-chartered bank operating 46 banking centers from the central Piedmont to the coast of North Carolina. Investors can access additional corporate information, product descriptions and online services through VantageSouth Bank's website at

Forward-looking Statements

Information in this press release or in the conference call discussed herein may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, risks associated with the ownership by Piedmont Community Bank Holdings, Inc. ("Piedmont") of a majority of the Company's voting power, including interests of Piedmont differing from other Company stockholders or any change in management, strategic direction, business plan, or operations by Piedmont, the ability of the Company's management to successfully integrate the Company's business and execute its business plan across several geographic areas, local economic conditions affecting retail and commercial real estate, disruptions in the credit markets, changes in interest rates, adverse developments in the real estate market affecting the value and marketability of collateral securing loans made by the Bank, the failure of assumptions underlying loan loss and other reserves, competition, and the risk of new and changing regulation. Additional factors that could cause actual results to differ materially are discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"), including without limitation its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. The forward-looking statements in this press release speak only as of the date of the press release, and the Company does not assume any obligation to update such forward-looking statements.

CONTACT: Terry Earley, Chief Financial Officer VantageSouth Bancshares, Inc. Phone: (919) 659-9015 Email:

Source:VantageSouth Bancshares, Inc.