Carolina Alliance named to 2016 OTCQX Best 50

SPARTANBURG, S.C. – Carolina Alliance Bank (OTCQX: CRLN) is pleased to announce it has been named to the 2016 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Market last year.

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2016 OTCQX Best 50 were ranked based on their performance in 2015.

"Carolina Alliance is pleased to be included in this elite group of the Best 50 stocks traded on the OTCQX Market,” said John S. Poole, Carolina Alliance Chief Executive Officer. “The ranking in the OTCQX Top 50 recognizes the success of our dedicated board and staff.”

Carolina Alliance was listed at No. 27. For the complete 2016 OTCQX Best 50 ranking, visit http://www.otcmarkets.com/content/doc/2016-OTCQX-Best-50.pdf.

“We are proud to have been included in the 2016 OTCQX Best 50,” said John D. Kimberly, Carolina Alliance President. “We believe that our locally-focused community banking model allows us to provide a high level of customer service. We thank OTCQX for recognizing our efforts.”

The OTCQX Best Market offers the best-informed and most efficient trading for established, investor-focused U.S. and international companies.

To qualify for OTCQX, companies must meet high financial standards, demonstrate compliance with U.S. securities laws, be current in their disclosure and be sponsored by a professional third-party advisor. OTCQX companies are distinguished by the excellence of their operations and diligence with which they convey their qualifications.

Carolina Alliance Bank has 10 offices located throughout Upstate South Carolina and Western North Carolina. For additional information about Carolina Alliance please call (864) 208-BANK (2265) or visit www.carolinaalliancebank.com.