Asheville Savings Bank, S.S.B.

Details Asheville Savings Bank, S.S.B. Asheville Savings Bank, S.S.B.

www.ashevillesavings.com

North Carolina

Buncombe

Asheville

(SB) Savings banks, state charter

active

29663

1936

FDIC Certificate Number: 29663
FDIC's unique number: 42497
The FDIC Field Office where an institution is physically located: Charlotte

Federal Reserve ID Number: 342175
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 13
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1936-03-01 Institution established. Original name: Asheville Federal Savings And Loan Association.
1981-02-28 Acquired Security Federal Savings And Loan Association Of Statesville in Statesville, North Carolina.
1981-03-31 Acquired Mcdowell Savings And Loan Association in Marion, North Carolina.
1990-12-31 Changed name to Asheville Federal Bank - A Federal Savings Bank .
1990-12-31 Changed organization type to Mutual Savings Bank.
1993-05-10 Changed name to Asheville Savings Bank, S.S.B. .
1993-05-10 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.

Total assets: $755,229,000
Total deposits: $617,912,000
Deposits held in domestic offices: $617,912,000
Equity capital: $65,547,000

Net income: $1,327,000

Return on Assets: 0.35
Return on Equity: 4.15
Last updated on: 2011-10-20

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