Panicked local officials initially said the Waterville Dam and the Lake Lure Dam had burst, but both were reportedly still holding as of Friday afternoon

"Record Flood Stage. This stage last occurred in April of 1791 according to Tennessee Valley Authority records. Catastrophic flooding of the Swannanoa River Valley is likely," the National Water Prediction Service posted on the river gauge's website.

Residents downstream of two North Carolina dams are being immediately evacuated after reports of a “catastrophic failure” due to flooding from Hurricane Helene.