Citizens South promotes new chief risk officer

Citizens South Banking Corp. announced Monday that it has named Ira M. “Don” Flowe, Jr., as its new executive vice president and chief risk officer.

Flowe has worked at the Gastonia-based bank since 2004, and most recently served as senior vice president and commercial banking group manager, the bank said in a news release.

Citizens South reported Monday a loss of $2.3 million in the fourth quarter.