Blue Ridge Savings Bank, Inc.

North Carolina – Buncombe – Asheville

(SB) Savings banks, state charter

inactive

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Details

(SB) Savings banks, state charter

inactive

32347

1978

FDIC Certificate Number: 32347
FDIC's unique number: 45181
The FDIC Field Office where an institution is physically located: Charlotte

Federal Reserve ID Number: 341178
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 11
Number of Foreign Offices: 0
The date of the last data update: 2011-10-17

1978-03-01 Institution established. Original name: Blue Ridge Savings And Loan Association.
1988-05-31 Changed name to Blue Ridge Savings Bank, Inc. .
2001-05-10 Changed organization type to Stock Savings Bank.
2001-05-10 Changed institution class to Occ Supervised Savings Banks.
2008-01-01 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2008-01-01 Changed institution class to Fdic Supervised Savings Bank.
2011-10-14 Merged with government financial assistance and subsequently operated as part of Bank of North Carolina in Thomasville, North Carolina.
2011-10-14 FDIC closing information for Blue Ridge Savings Bank, Inc. : http://www.fdic.gov/bank/individual/failed/blueridge.html.

Total assets: $161,229,000
Total deposits: $158,661,000
Deposits held in domestic offices: $158,661,000
Equity capital: $2,160,000

Net income: $-2,506,000

Return on Assets: -3.05
Return on Equity: -138.07
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-25402

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