Newbridge Bancorp (NBBC) 10-K 2002 FY Annual report

LSB Bancshares, Inc.

Form 10K

Part IV, Item 21

List of Subsidiaries

LSB Bancshares, Inc. owns 100% of the common stock of Lexington State Bank. Peoples Finance Company of Lexington, Inc., LSB Financial Services, Inc., LSB Investment Services, Inc. and LSB Properties, Inc. are wholly owned non-bank subsidiaries of Lexington State Bank. The corporations are organized under the laws of the State of North Carolina and are included in the consolidated statements of LSB Bancshares, Inc.