Bank of North Carolina

Details Bank of North Carolina Bank of North Carolina

www.bankofnc.com

North Carolina

Davidson

Thomasville

(NM) Commercial bank, state charter and Fed nonmember

active

33527

1991

FDIC Certificate Number: 33527
FDIC's unique number: 47377
The FDIC Field Office where an institution is physically located: Charlotte

Federal Reserve ID Number: 1908082
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 25
Number of Foreign Offices: 0
The date of the last data update: 2011-10-17

1991-12-03 Institution established. Original name: Bank Of North Carolina.
2002-06-18 Acquired Independence Bank in Kernersville, North Carolina.
2006-07-21 Acquired Sterlingsouth Bank & Trust Company in Greensboro, North Carolina.
2010-04-09 Acquired Beach First National Bank in Myrtle Beach, South Carolina as part of a government assisted transaction.
2011-10-14 Acquired Blue Ridge Savings Bank, Inc. in Asheville, North Carolina as part of a government assisted transaction.

Total assets: $2,145,393,000
Total deposits: $1,851,536,000
Deposits held in domestic offices: $1,851,536,000
Equity capital: $186,187,000

Net income: $3,580,000

Return on Assets: 0.33
Return on Equity: 3.93
Last updated on: 2011-10-20

Bank Holding Company: Bnc Bancorp

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Profile ID: LFUS-BAB-P-1765