MOUNT PLEASANT, S.C. (WCBD) —  Longtime Mount Pleasant businessman and banker Wayne Pearson has died, News 2 has learned. He was 70 years old. 

Pearson was the President and Chief Executive Officer of Lowcountry Savings Bank in Mt. Pleasant from 1986 until it was acquired by Carolina First Bank in 1997. He was the Chairman and President of South Coast Community Bank from June 1998 until it was acquired by the Bank of North Carolina. 

The 70-year-old also held positions of Vice Chairman of the Lowcountry Board of Directors and Vice President for the Savings Division of Cooper River Federal Savings and Loan Association, in North Charleston.

Pearson lived in the Mount Pleasant area for nearly 40 years. 

He graduated from Newberry College in 1970 and was currently serving as a Board Member of the State Board of Financial Institutions. 

He is survived by his wife, Patricia, and two children, Lewis Wayne, Jr. and Patrick Carter.