KINSTON, LENOIR COUNTY -

Police said a man jumped out of his moving car to escape an armed man who was demanding money. The vehicle then crashed into a bank, leading to the suspect's arrest.

According to the Kinston Police Department, the victim, Jeremey Sutton, told officers he was pulling up to a friend's home on Old Snow Hill Road before 10 p.m. Tuesday. But instead of going inside, something very different happened.

"Some guy just came up from behind the car and jumped in the car. He pulled out a knife and said 'I need your money, I need your money,'" he said.

Sutton told the armed man he did not have any money, so he offered to take the man to the BB&T Bank on West Vernon Avenue.

"I was freaking out. I seriously thought he was going to murder me. He had like the knife to my side the entire way to the bank," he said.

While Sutton was turning toward the bank, he said he jumped from his moving vehicle and ran to a nearby gas station to call for help. The vehicle hit the bank and the suspect was believed to have escaped on foot.

"I knew there was a Kangaroo there that's open 24 hours. And I knew people would be there. So as soon as I turned in the parking lot I just like jumped out of the car," he said.

A K-9 team from the Lenoir County Sheriff's Office helped Kinston Police find the suspect near Northwest Elementary School, where he was arrested.

The suspect has been identified as 23-year-old Ralph Dunn(pictured above). He has been charged with robbery with a dangerous weapon and first-degree kidnapping, and was placed in the Lenoir County Jail under a $150,000 secured bond.

Sutton said he's thankful to be alive. His car only had minor damage and the bank building did not appear to have any visible damage.

"I got a couple scrapes and bruises but for the most part I'm doing well," he said.