Carolina Bank

Status:Inactive as of 03/04/2017
 Merger - Without Assistance
Successor Bank:First Bank
Headquarters:Carolina Bank
101 North Spring Street
Greensboro, NC 27401
Established:11/25/1996
FDIC Insurance:11/25/1996
FDIC Cert:#34348
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$705,858,000
Total Deposits:$601,607,000

History

1996-11-25Institution established: Original name:Carolina Savings Bank, Inc., SSB
1997-10-01Changed organization type to COMMERCIAL BANK
1997-10-01Changed name to Carolina Bank
2017-03-04Merged into and subsequently operated as part of First Bank (15019) in SOUTHERN PINES, NC
2017-10-01Acquired Asheville Savings Bank, S.S.B. (29663) in ASHEVILLE, NC

Financial Information (2016-12-31 and Older)