Show Summary
Carter Barrett of Affinity Bank and Dime Capital joins host Roger Lusby, CPA to discuss how to make small businesses more valuable in a sale, the value of investing in relationships, the importance of great advisors, and much more. “Business Beat” is brought to you by Alpharetta CPA firm Frazier & Deeter.
Carter Barrett, Affinity Bank and Dime Capital
Carter Barrett is the Market President of North Atlanta for Affinity Bank as well as a Founding Partner of Dime Capital.
Carter has almost 30 years of commercial banking experience in North Atlanta serving in different roles, including Forsyth County Executive for Wachovia and as the Senior Lender for Regions Bank in Forsyth County.
In December of 2006 he and two associates made a decision to start their own bank and over the next year they wrote a business plan, recruited a management team and Board of Directors, raised $16.8 million in capital, and obtained the necessary regulatory approvals to open.
Community Business Bank (CBB) was opened in January of 2008, with Carter serving as the original President, Sr. Credit Officer, and member of the Board of Directors. Within 8 months he was named CEO of the organization. Barrett led the bank during a tumultuous time for the industry and oversaw all aspects of day to day operations for the bank’s entire existence. He negotiated the sale to Community and Southern Bank in May of 2015, delivering a solid outcome for his shareholders.
After selling the bank, he and two friends started an investment company called Dime Capital, which has consulted with companies to help them improve operations, profitability, and enterprise value. Dime makes strategic investments in real estate and in small businesses.
Today Carter serves as the Market President of North Atlanta for Affinity Bank, which is headquartered in Atlanta and is especially gifted at serving professionals, small to mid-sized companies, and real estate investors. Carter and his associate, Andrew Bell, have been charged with planting a flag for Affinity Bank in North Atlanta and will focus on the GA 400 corridor.
Carter is honored to have served the community on various Boards of Directors including: United Way of Forsyth County; the Greater North Fulton Chamber of Commerce; and the Forsyth Chamber. He is a graduate of Leadership North Fulton and Leadership Forsyth, has served as President of the Lanier Forsyth Rotary Club and as Membership Chairman for Rotary District 6910. He currently serves as Co-Chairman of the Advisory Committee of The Center for Entrepreneurship and Innovation at the University of North Georgia.
Carter Barrett is a 9th generation Georgian from Augusta. He went to high school in Rome, Italy and has a BBA in Finance from the University of Georgia. He has been married to Jamie Harden Barrett since 1995 and has two daughters, Eleanor and Cornelia.
Frazier & Deeter
The Alpharetta office of Frazier & Deeter is home to a thriving CPA tax practice, a growing advisory practice and an Employee Benefit Plan Services group. CPAs and advisors in the Frazier & Deeter Alpharetta office serve clients across North Georgia and around the country with services such as personal tax planning, estate planning, business tax planning, business tax compliance, state and local tax planning, financial statement reviews, financial statement audits, employee benefit plan audits, internal audit outsourcing, cyber security, data privacy, SOX and other regulatory compliance, mergers and acquisitions and more. Alpharetta CPAs serve clients ranging from business owners and executives to large corporations.
Roger Lusby, host of Frazier & Deeter’s “Business Beat,” is an Alpharetta CPA and Alpharetta Office Managing Partner for Frazier & Deeter. He is also a member of the Tax Department in charge of coordinating tax and accounting services for our clientele. His responsibilities include a review of a variety of tax returns with an emphasis in the individual, estate, and corporate areas. Client assistance is also provided in the areas of financial planning, executive compensation and stock option planning, estate and succession planning, international planning (FBAR, SFOP), health care, real estate, manufacturing, technology and service companies.
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An episode archive of Frazier & Deeter’s “Business Beat” can be found here.
