Bank of North Carolina

Status:Inactive as of 2017-06-16
 Merger - Without Assistance
Successor Bank:Pinnacle Bank
Headquarters:Bank of North Carolina
831 Julian Avenue
Thomasville, NC 27360
Established:1991-12-03
FDIC Insurance:1991-12-03
FDIC Cert:#33527
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:81
Total Assets:$7,568,715,000
Total Deposits:$6,334,276,000

History

1991-12-03Institution established: Original name:Bank of North Carolina
2002-06-18Acquired Independence Bank (34510) in KERNERSVILLE, NC
2006-07-21Acquired SterlingSouth Bank & Trust Company (35570) in GREENSBORO, NC
2010-04-09Acquired Beach First National Bank (34242) in MYRTLE BEACH, SC as part of a government assisted transaction.
2011-10-14Acquired Blue Ridge Savings Bank, Inc. (32347) in ASHEVILLE, NC as part of a government assisted transaction.
2011-12-31Acquired Regent Bank (58873) in GREENVILLE, SC
2012-06-08Acquired Carolina Federal Savings Bank (35372) in CHARLESTON, SC as part of a government assisted transaction.
2012-09-14Acquired KeySource Commercial Bank (58475) in DURHAM, NC
2012-11-30Acquired First Trust Bank (34864) in CHARLOTTE, NC
2013-10-01Acquired Randolph Bank & Trust Company (22746) in ASHEBORO, NC
2014-04-01Acquired Home Savings Bank of Albemarle, SSB (30668) in ALBEMARLE, NC
2014-06-01Acquired Harrington Bank, FSB (57262) in CHAPEL HILL, NC
2014-12-01Acquired Harbor National Bank (58219) in CHARLESTON, SC
2015-07-01Acquired Valley Bank (34019) in ROANOKE, VA
2016-06-17Acquired SouthCoast Community Bank (34774) in MOUNT PLEASANT, SC
2016-09-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-11-01Acquired High Point Bank and Trust Company (12267) in HIGH POINT, NC
2017-06-16Merged into and subsequently operated as part of Pinnacle Bank (35583) in NASHVILLE, TN

Financial Information (2017-03-31 and Older)