NewBridge Bank

Status:Inactive as of 2016-03-01
 Merger - Without Assistance
Successor Bank:Yadkin Bank
Headquarters:NewBridge Bank
1501 Highwoods Boulevard
Greensboro, NC 27410
Established:1949-07-05
FDIC Insurance:1949-07-05
FDIC Cert:#16799
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:45
Total Assets:$2,807,738,000
Total Deposits:$1,952,010,000

History

1949-07-05Institution established: Original name:Lexington State Bank
1997-08-12Acquired Old North State Bank (27558) in WINSTON-SALEM, NC
2007-11-12Changed name to NewBridge Bank
2007-11-12Moved bank headquarters from LEXINGTON, NC to GREENSBORO, NC
2007-11-12Acquired FNB Southeast (4906) in REIDSVILLE, NC
2013-10-01Acquired Security Savings Bank, SSB (28139) in SOUTHPORT, NC
2014-04-01Acquired CapStone Bank (58386) in RALEIGH, NC
2014-09-02Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2014-09-02Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2015-02-28Acquired Premier Commercial Bank (58754) in GREENSBORO, NC
2016-03-01Merged into and subsequently operated as part of Yadkin Bank (19861) in STATESVILLE, NC

Financial Information (2015-12-31 and Older)