First South Bank: FIRST SOUTH BANCORP, INC. (NASDAQ:FSBK) Files An 8-K Entry into a Material Definitive Agreement

First South Bancorp, Inc. (the Registrant), the holding company for First South Bank, Washington, North Carolina, entered into an Agreement and Plan of Merger and Reorganization (the Merger Agreement) with Carolina Financial Corporation (CARO), the holding company for CresCom Bank, Charleston, South Carolina. Under the Merger Agreement, the Registrant will merge with and into CARO (the Merger) and First South Bank will merge with and into CresCom Bank